I own a freehold property in Irchester but still charged rent, why is this and what is this?
It’s unusual for properties in Irchester and has limited impact for conveyancing in Irchester 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.
Previous rentcharges can now be extinguished by making a lump sum payment under the Act. Any rentcharges that are still in existence after 2037 is to be extinguished.
I require fast conveyancing in Irchester as I am faced with an ultimatum to sign on the dotted line in less than 2 weeks. Fortunately I do not need a mortgage. Can I decline from having conveyancing searches to save fees and time?
If.Given you are not taking a home loan you are at free not to have searches carried out although no lawyer would advise that you don't. Drawing on our experience of conveyancing in Irchester the following are instances of issues that can crop up and therefore impact future mortgageability: Refused Planning Applications, Outstanding Charges, Outstanding Grants, Railway Schemes,...
I have recentlydiscovered that Arc property Solicitors have been shut down. They carried out my conveyancing in Irchester for a purchase of a freehold house 12 months ago. How can I establish that the property is registered correctly in the name of the previous owner?
The quickest way to see if the premises is registered to you, you can carry out a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Irchester conveyancing specialists.
I am buying a new build apartment in Irchester. Conveyancing is necessary evil at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build conveyancing.
Here is a sample of a few leasehold new build enquiries that you can expect your new-build leasehold conveyancing in Irchester
Please supply evidence that the form of Lease proposed has been approved by the Land Registry. Where there is an Undertaking being granted there is the risk of forfeiture of the Headlease subject to relief if one or more of the Underlessees are willing to accept the original Head Lessee’s obligations as otherwise relief will be denied to the Underlessees. The only alternatives are the Head Lessor agreeing not to forfeit the Headlease or the Head Lessee guaranteeing to the Underlessees that it will not be in breach of the Headlease. Will control of the Management Company (if any) be handed over to purchasers on completion of the last sale or earlier? Where service of notices and proceedings can be at the property demised please confirm that this can be amended to include simultaneous services at the Lessees’ solicitors’ offices where the Lessee from time to time is not resident in the UK - such solicitors may be varied by notice in writing to the Landlord from time to time but otherwise will be as previously specified.
I am 3 weeks into a residential purchase having been directed to solicitors by the high street agent to carry out the conveyancing in Irchester. I am am starting to be frustrated with the quality of service. Could you help me find new solicitors?
They would need to be really bad in order to consider diss instructing them. Has the loan offer been issued? In the event that it has you must make them aware of the new contact details and get the mortgage documents are re-sent. Your solicitor ideally should be on the lenders approved list to avoid supplemental costs and delays. So that should be your starting point. Our find a solicitor tool will help you find a lender approved conveyancer for your home move in Irchester