I own a freehold residence in Henleaze but nevertheless invoiced for rent, why is this and what is this?
It’s unusual for properties in Henleaze and has limited impact for conveyancing in Henleaze 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 generation of new 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 after 2037 is to be dispensed with completely.
Are the BSA planning on creating a search tool with a view to to identify solicitors on the Norwich and Peterborough Building Society conveyancing panel for example in Henleaze?
We have not been informed any intention on the part of the BSA to promote such a search facility.
I can see plenty of information on this site regarding conveyancing in Henleaze but can you isolate your top tip for appointing the right conveyancer in Henleaze
It would be unwise to be seduced by the cheapest Henleaze conveyancing fees. You really do get what you pay 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 go into the conveyancing with your eyes wide open.
We are planning to move home in June. Should my conveyancing solicitor call the removal company on the completion day. On a separate note, can you recommend a removal company in Henleaze. Conveyancing lawyer was chosen before I stumbled across your site.
On the day of completion you will need to pick up the house keys from your property agent but this should only take place when the previous owners conveyancers advise the agent that the monies to complete are in and the keys can be collected. You will need to advise the removal company that you are ready to move in. We are not in a position to recommend a specific removal organisation but can assist you in locating a residential property solicitor in Henleaze or a legal practice that specialises in conveyancing in Henleaze.
When it comes to lenders such as Nationwide, do Henleaze lawyers incur an annual charge to be on the list of approved solicitors?
We are not aware of any mortgage company fees to be on their panel, although some do charge an administration charge to deal with the processing of the conveyancing panel submission.
Over the last few months I have been searching for a leasehold apartment up to £245,000 and identified one round the corner in Henleaze I like with a park and railway links in the vicinity, the downside is that it only has 52 remaining years left on the lease. I can't really find anything else in Henleaze in this price bracket, so just wondered if I would be making a grave error purchasing a short lease?
If you require a home loan that many years will likely be an issue. Discount the price by the expected lease extension will cost if it has not already been discounted. If the current proprietor has owned the property for a minimum of twenty four months you may ask them to commence the lease extension formalities and pass it to you. You can add 90 years to the current lease with a zero ground rent applied. You should consult your conveyancing lawyer regarding this matter.
Do I need to be suspicious about brokers that I am dealing with are suggesting an online conveyancing firm rather than a High Street Henleaze conveyancing firm?
As with many service providers, often referrals from family and friends can be very helpful. Yet there are lots of parties with a vested interest in a conveyancing deal; estate agents, financial adviser and lenders might all recommend lawyers to choose. Sometimes the lawyers might be known to one of the organisations as being good in their field, but sometimes there behind the scenes financial incentive behind the endorsement. You have the right to appoint your preferred conveyancer. Don't forget that some lenders specify a panel list of law firms you have to use for the lender related work in your house move.