I own a freehold residence in Llanarth but nevertheless pay rent, why is this and what is this?

It’s unusual for properties in Llanarth and has limited impact for conveyancing in Llanarth 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 establishment of fresh rentcharges from 1977 onwards.

Previous rentcharges can now be redeemed by making a lump sum payment under the Act. Any rentcharges that are still in existence in 2037 is to be dispensed with completely.

I know that there are debates on Chancel Insurance on online forums. Am I compelled to take this when acquiring a property in Llanarth? or I am told that there is an ancient law that could mean that owners of property residing in a parish church boundary will be compelled to pay for repairs to the chancel within the church. Is this suitable for conveyancing in Llanarth?

Unless a previous purchase of the house took place after 12 October 2013 you could assume that lawyers carrying out conveyancing in Llanarth to remain encouraging a chancel search and or insurance against a claim.

How straightforward is it to use your search tool to select a conveyancing lawyer in Llanarth on the approved list for my mortgage?

Step one is to choose a mortgage company such as National Westminster Bank, The Mortgage Works or Clydesdale then type in your preferred area a common one being Llanarth. Conveyancing organisations in Llanarth and across England and Wales should be identified.

As co-executor for the will of my aunt I am disposing of a residence in Newport but reside in Llanarth. My lawyer (approximately 200 kilometers awayrequires that I execute a statutory declaration prior to completion. Could you suggest a conveyancing solicitor in Llanarth who can attest and place their company stamp on the document?

strictly speaking you should not need to have the documents attested by a conveyancing solicitor. Normally any notary public or solicitor will suffice regardless of whether they are Llanarth based

I work for a long established estate agency in Llanarth where we have experienced a number of leasehold sales jeopardised due to leases having less than 80 years remaining. I have received conflicting advice from local Llanarth conveyancing firms. Can you clarify whether the vendor of a flat can instigate the lease extension process for the purchaser on completion of the sale?

As long as the seller has been the owner for at least 2 years it is possible, to serve a Section 42 notice to start the lease extension process and assign the benefit of the notice to the purchaser. The benefit of this is that the proposed purchaser need not have to wait 2 years to extend their lease. Both sets of lawyers will agree to form of assignment. The assignment has to be done prior to, or simultaneously with completion of the disposal of the property.

Alternatively, it may be possible to agree the lease extension with the freeholder either before or after the sale. If you are informally negotiating there are no rules and so you cannot insist on the landlord agreeing to grant an extension or transferring the benefit of an agreement to the buyer.

Llanarth Conveyancing for Leasehold Flats - A selection of Questions you should consider before buying

Best to be warned if window replacement or some other major work is due shortly to be shared between the leaseholders and will dramatically increase the the maintenance charges or result in a specific payment. Make sure you enquire if there are any onerous prohibitions in the lease. By way of example plenty of leases prohibit pets being allowed in in a block in Llanarth. If you love the propertyin Llanarth however your dog can’t make the move with you then you will be presented with a hard compromise. How is the lease structured?