I am the registered owner of a freehold property in Highbridge but nevertheless invoiced for rent, why is this and what is this?
It is rare for properties in Highbridge and has limited impact for conveyancing in Highbridge 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 many centuries, but the Rent Charge Act 1977 barred the creation of new rentcharges post 1977.
Previous rentcharges can now be redeemed by making a lump sum payment under the Act. Any rentcharges that are still in existence after 2037 is to be extinguished.
I need some expedited conveyancing in Highbridge as I am faced with a deadline to complete within 3 weeks. Thankfully I do not require a mortgage. Is it possible to decline from having conveyancing searches to save money and time?
As you are not obtaining a mortgage you have the choice not to have searches conducted although no lawyer would advise that you don't. With lots of history conveyancing in Highbridge the following are instances of what can show up and therefore impact market value: Enforcement Notices, Overdue Charges, Outstanding Grants, Road Schemes,...
I've recently found out that there is a flying freehold issue on a property I have offered on last month in what should have been a straight forward, no chain conveyancing. Highbridge is the location of the property. Can you shed any light on this issue?
Flying freeholds in Highbridge are rare but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Highbridge you would need to get your solicitor to go through the deeds diligently. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Highbridge may decide that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold property.
I need to instruct a conveyancing solicitor for sale conveyancing in Highbridge. I happened to stumble upon a site which seems to have the perfect offering If there is a chance to get all this stuff completed via email that would be ideal. Do I need to be wary? What are the potential pitfalls?
As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?
Whilst your website is a good idea there are many lawyers listed near Highbridge being on the bank conveyancing panel. It would be a lot more helpful if you could recommend a specific firm on the conveyancing panel for our lender?
We do not recommend specific Highbridge firms as the right Highbridge conveyancing firm for you depends on where your priorities lie. For example you may require a local firm with Highbridge knowledge or you might be looking for the low cost conveyancing. Before you appoint your lawyer we advise you to speak to two or three of the the firms listed to gain comfort as to which one is right for you..