I am the registered owner of a freehold house in Gnosall but nevertheless pay rent, why is this and what is this?

It is rare for properties in Gnosall and has limited impact for conveyancing in Gnosall 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 have existed for many centuries, but the Rent Charge Act 1977 barred the creation of fresh rentcharges from 1977 onwards.

Old rentcharges can now be redeemed by making a one off payment under the Act. Any rentcharges that are still in existence post 2037 is to be extinguished.

I am assisting my sister sell her flat in Gnosall. Does the conveyancer order an energy assessment or should I organise this?

Following the abolition of Home Information Packs, energy assessments became a required component of selling a property. An energy assessment needs to be commissioned in advance of the property being marketed. It is not something that conveyancers normally organise. If you are using a Gnosall conveyancing solicitor they might be able to arrange energy assessments due to their contacts with long established local providers

We have agreed to purchase a house in Gnosall. A rare aspect is that the roof has a solar panel. Solicitors conducting should look into this right? Will my lender Santander be concerned?

Given that your lender is Santander your lawyer must check the formal requirements set out in Section 2 of UK Finance Lenders’ Handbook for Santander. The Council of Mortgage Lenders’ Handbook contains minimum conditions for solar panel roof-space leases, and property lawyers are required to report to Santander where a lease does not comply with these specifications. The requirements relate to the installation of panels on properties countrywide and is not isolated to Gnosall.

About to purchase maisonette in Gnosall. I have received an online quote from a licenced conveyancer, which states: "There will be no charge for dealing with the Lender if you are obtaining a mortgage". I take this to mean that there will be no additional fee if the solicitor is on the Lloyds conveyancing panel. I wanted to make sure it means there will be no additional fees for dealing with the mortgage.

They are simply saying that the cost for acting for the lender is included in the fee being quoted. It is worth you checking that the Gnosall property lawyer is on the Lloyds conveyancing panel.

In sourcing the web for the term cheap conveyancing in Gnosall it brings up many solicitorslocally. With so much choice what is the best way to find the right solicitor for me?

The preferential way of finding the right conveyancer is via trusted recommendation, so ask friends and relatives who have purchased a property in Gnosall or a local estate agent or mortgage broker. Costs for conveyancing in Gnosall differ, so it's advisable to secure a minimum of three estimates from different solicitors. Be sure to obtain confirmation that the fees are fixed.

I today plan to offer on a house that seems to meet my requirements, at a reasonable price which is making it all the more appealing. I have since discovered that the title is leasehold as opposed to freehold. I am assuming that there are particular concerns purchasing a house with a leasehold title in Gnosall. Conveyancing solicitors have are soon to be instructed. Will they explain the issues?

The majority of houses in Gnosall are freehold rather than leasehold. In this scenario it’s worth having a local conveyancer who is familiar with the area who can help the conveyancing process. We note that you are buying in Gnosall so you should seriously consider looking for a Gnosall conveyancing practitioner and be sure that they have experience in transacting on leasehold houses. First you will need to check the unexpired lease term. Being a leaseholder you will not be at liberty to do whatever you want with the house. The lease will likely included provisions for example requiring the landlord’sconsent to carry out changes to the property. It may be necessary to pay a contribution towards the maintenance of the estate where the property is part of an estate. Your conveyancer should appraise you on the various issues.

Gnosall Leasehold Conveyancing - Sample of Queries before Purchasing

Plenty Gnosall leasehold properties will be liable to pay a service bill for the upkeep of the building invoiced by the management company. Where you buy the property you will have to meet this contribution, usually quarterly accross the year. This could be anything from several hundred pounds to thousands of pounds for blocks with lifts and large common areas. There will also be a ground rent for you to pay annual, ordinarily this is not a significant amount, say about £50-£100 but you need to check it because occasionally it could be many hundreds of pounds. The best form of lease structure is if the freehold title is in the ownership of the leaseholders. In this situation the leaseholders benefit from control and although a managing agent is often employed where it is bigger than a house conversion, the managing agent is directed by the tenants. How many of the leaseholders are in arrears for their service charge payments?

What is the average conveyancing fee for conveyancing in Gnosall?

The average cost last year for conveyancing in Gnosall was just under one thousand five hundred pounds excluding Land Tax and HMLR charges.