I own a freehold premises in Elmers End but still pay rent, why is this and what is this?
It’s unusual for properties in Elmers End and has limited impact for conveyancing in Elmers End but some freehold properties in England (particularly common in North West England) pay an annual sum known as a Chief Rent or a Rentcharge to a third party who has no other legal interest in the land.
Rentcharge payments are usually between £2.00 and £5.00 per year. Rentcharges date back hundreds of years, but the Rent Charge Act 1977 barred the generation of fresh rentcharges post 1977.
Old rentcharges can now be extinguished by making a one off payment under the Act. Any rentcharges that are still in existence after 2037 is to be extinguished.
What is your number one tip for finding a conveyancing solicitor in Elmers End
We would encourage you not to base your choice on the lowest Elmers End conveyancing costs illustration. You really do get what you’re paying for when it comes to property lawyers. A cheap quote may mean that the conveyancing solicitor is handling a lot of jobs at one time and you won’t get the quality of service and the attention that you need. It is, however, wise to use a conveyancer who has a fixed fee on a no sale, no fee basis. This way, you know exactly what you’ll have to pay in ahead of time.
Is there a list of Virgin Money panel conveyancers in Elmers End on the UK Finance Lenders’ Handbook Website?
Unfortunately not yet. There is no such facility on the Council of Mortgage Lenders or Building Society Association sites. Very few lenders make their panel listings visible on the web. Where you are in need of a Elmers End conveyancing practitioner on the Virgin Money please make the most of our facility.
I am purchasing a property in Elmers End. A rare aspect is that the roof has a solar panel. Santander have issued a mortgage offer so presumably this is not a concern to them. Why is my solicitor raising questions about the panel?
As your lender is Santander your lawyer must comply with the conveyancing instructions outlined in Part 2 of UK Finance Lenders’ Handbook for Santander. The CML Handbook stipulates minimum conditions for solar panel roof-space leases, and property lawyers are required to report to Santander where a lease does not meet these requirements. The provisions relate to the installation of panels on properties countrywide and is not isolated to Elmers End.
I am looking into buying my first house which is in Elmers End and I am already nervous. I couldn't find anything specific about Elmers End. Conveyancing will be needed in due course but do you know about the Elmers End area? or perhaps some other tips you can share?
Rather than looking online forget looking online you should go and have a look at Elmers End. In the meantime here are some basic statistics that we found
Is it best to choose a Elmers End conveyancing solicitor based in the area that I am purchasing? I have an old university friend who can execute the conveyancing but his firm is located 200kilometers away.
The benefit of a high street Elmers End conveyancing firm is that you can drop in to execute documents, deliver your identification documents and pester them where appropriate. They will also have local insight which is a bonus. That being said it's more important to get someone that will pull out all the stops for you. If other friends have used your friend and the majority were happy that must surpass using an unknown Elmers End conveyancing lawyer solely due to them being local.
Harry (my fiance) and I may need to let out our Elmers End garden flat for a while due to taking a sabbatical. We instructed a Elmers End conveyancing firm in 2003 but they have since shut and we did not have the foresight to get any guidance as to whether the lease prohibits the subletting of the flat. How do we find out?
Notwithstanding that your last Elmers End conveyancing lawyer is no longer available you can review your lease to check if you are permitted to let out the premises. The rule is that if the deeds are silent, subletting is permitted. There may be a precondition that you need to obtain consent from your landlord or some other party before subletting. This means that you cannot sublet in the absence of first obtaining permission. The consent is not allowed to be unreasonably withheld. If your lease does not allow you to sublet you should ask your landlord for their consent.
I am the registered owner of a basement flat in Elmers End. Given that I can not reach agreement with the freeholder, can the Leasehold valuation Tribunal determine the premium payable for the purchase of the freehold?
Absolutely. We are happy to put you in touch with a Elmers End conveyancing firm who can help.
An example of a Lease Extension matter before the tribunal for a Elmers End flat is Flats 55, 67 & 70 Melbourne Court Anerley Road in July 2013. The tribunal calculated that the premium for the extended lease at £48,366.00 for at 55, and £88,329.00 for ats 67 and 70 combined. This case was in relation to 1 flat. The number of years remaining on the existing lease(s) was 26.38 years.