I purchased a freehold residence in Levenshulme but nevertheless charged rent, why is this and what is this?
It is rare for properties in Levenshulme and has limited impact for conveyancing in Levenshulme 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 establishment of fresh rentcharges post 1977.
Old rentcharges can now be redeemed by making a one off payment under the Act. Any rentcharges that are still in existence in 2037 is to be extinguished.
My grandmother passed away last year and as sole heir and executor I was left the house in Levenshulme. The house had a small mortgage remaining of approximately £8000. I want to transfer the title deeds into my name whilst I re-mortgage to Coventry BS, pay off the mortgage. Is this possible?
Where you intend to re-mortgage then Coventry BS will insist on your using a conveyancer on the Coventry BS conveyancing panel. Here is link to the Land Registry online guidance around what to do when a property owner dies. This will help you to understand the registration process behind changing the details re the registered title. in your case it would appear that you are effectively purchasing the property from the estate. Your Coventry BS conveyancing panel solicitor pays the new mortgage money into the estate, the estate pays off the old mortgage, the charge is released and you become the owner and the Coventry BS mortgage is registered as a charge at the Land Registry.
I have todaybecome aware that Wolstenholmes have been shut down. They conducted my conveyancing in Levenshulme for a purchase of a freehold house 10 months ago. How can I be sure that the property is not still registered in the name of the former proprietor?
The easiest 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 Levenshulme conveyancing specialists.
We are a couple of weeks into a residential purchase having been directed to solicitors by the high street agent to execute conveyancing in Levenshulme. I am am very disappointed with the level of service. Can you help me find new conveyancers?
They would have to be really poor to suggest diss instructing them. Has your mortgage been sent? In the event that it has you need to inform them of the new contact details and ensure the offer are re-issued. Your conveyancer needs to be on the lenders panel to avoid supplemental expenses and complications. So that should be your first question of the new solicitors. Our find a solicitor tool should help you find a lender approved solicitor for your conveyancing in Levenshulme
The estate agent has suggested using their conveyancing practitioner for the conveyancing in Levenshulme - won’t it be better to just instruct them?
This is not necessarily the case and you are entitled to use whichever conveyancing practitioner you decide for your Levenshulme conveyancing. A conveyancer recommended by an estate agent may not necessarily be the best lawyer, they may suggest their own conveyancing firm who are based far away. In this instance you may not have contact with your solicitor and due to the lack of continuity in the transaction, it may be difficult to obtain updates.