I am the registered owner of a freehold house in Higher Kinnerton yet invoiced for rent, why is this and what is this?
It is rare for properties in Higher Kinnerton and has limited impact for conveyancing in Higher Kinnerton 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 new rentcharges from 1977 onwards.
Previous rentcharges can now be extinguished by making a one off payment under the Act. Any rentcharges that are still in existence post 2037 is to be dispensed with completely.
I am told that my conveyancing solicitors will need to check that the building insurance when buying a house in Higher Kinnerton. My lender is The Mortgage Works
The Mortgage Works have specific requirements as set out in the UK Finance Lenders’ Handbook. As of 13/4/2019, the requirements read as follows :
My partner and I are close to exchanging contracts on the sale of our house in Higher Kinnerton and the buyers lawyers are claiming that there is a possibility that the property was built on contaminated land. A high street Higher Kinnerton lawyer would know this is not the case. For the life of me I don't know why the buyers are using a web based conveyancing firm as opposed to a conveyancing solicitor in Higher Kinnerton. Having lived in Higher Kinnerton for three years we know of no issue. Do we contact our local Authority to seek confirmation that the buyers are looking for.
It would appear that you have a conveyancing solicitor currently acting for you. What do they say? You must check with your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out health insurance to cover that same ailment)
Due to the input of my in-laws I had a survey completed on a property in Higher Kinnerton before instructing lawyers. I have been told that there is a flying freehold aspect to the house. The surveyor has said that some lenders tend refuse to give a loan on this type of premises.
It varies from the lender to lender. Lloyds has different requirements from Birmingham Midshires. Should you wish to telephone us we can check via the appropriate bank. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Higher Kinnerton. Conveyancing may be slightly more expensive based on your lender's requirements.
Given that I will soon spend 450k on a garden flat in Higher Kinnerton I wish to have a conversation with the lawyer regarding thehome move prior to giving the go ahead to the firm. Is this something that you can arrange?
Absolutely - we would be happy to talk to you we do not take any clients on without you first talking to the conveyancer due to be doing your property ownership legalities in Higher Kinnerton.There is no ‘factory style conveyancing’ - every client is an important person, not a file reference. The practices that we put you in touch with believe that the fees you are calculated and presented to you for residential conveyancing in Higher Kinnerton should be the figure that you end up paying.