I own a freehold premises in Llanbradach yet invoiced for rent, why is this and what is this?
It is rare for properties in Llanbradach and has limited impact for conveyancing in Llanbradach 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 from 1977 onwards.
Previous rentcharges can now be redeemed by making a one off payment under the Act. Any rentcharges that are still in existence after 2037 is to be dispensed with completely.
What is the difference between a licensed conveyancer and conveyancing solicitor in Llanbradach
There are many recorded licenced Conveyancers in Llanbradach and Solicitor practices in Llanbradach to choose from We would stress that both are supervised by regulatory bodies with both specialising in the legal aspects of transferring property. The two can deal with associated property related work such as remortgage conveyancing, lease extensions and transfer of equity conveyancing.
I am the only beneficiary of my late father’s will with all property in now in my sole name, including the house in Llanbradach. The Llanbradach property was put into my name in March. I plan to dispose of the property. I do know about the Mortgage Lenders 6 month 'rule', which means that my proprietorship will be regarded the same way as though I had purchased the house in March. Will no one buy the property for half a year?
The CML handbook mandates conveyancers to: "report to us immediately if the owner or registered proprietor has been registered for less than six months." Technically you could be caught by that. Most lenders would take a pragmatic view as this obligation is chiefly there to capture the purchase and immediately sell or the wholesaling and assigning of properties.
I have decided to exercise my right to buy my property in Llanbradach off the council. I have a mortgage offer with Principality. Conveyancing is not something I have any knowledge of. Can I proceed without a solicitor easily? I think we can but we keep being told I should use one. Any advice?
It is not advisable to proceed with a house purchase without a solicitor. The council's solicitor are not acting for you. You need a solicitor for a number reasons. One of which is to verify what plans the Council have for repairs and refurbishment for the next five years. Many leaseholders have been stung for contributions of thousands of pounds. In any event, if you are getting a mortgage with Principality, you will need to appoint a solicitor on the Principality conveyancing panel.
The estate agent has sent us the confirmation of our purchase of a new build apartment in Llanbradach. Conveyancing is a frightening process at the best of times but I have never purchased a new build flat before. What sort of enquires would be asked in new build legal work.
Set out below is a sample of a selection of leasehold new build questions that you should expect your new-build leasehold conveyancing in Llanbradach
The Lease must contain a provision on behalf of the Vendor to pay the service charges in respect of unoccupied units in order to ensure that all services can be provided. Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose? If there are lifts in the building, please confirm that the owners of flats on the ground and basement floors will not be required to contribute towards the cost of maintenance and renewal. 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.
I am selling my home. My former lawyers have shut. I am in need of a recommendation of a conveyancing firm. I happen to live in Llanbradach if that makes a difference.
You should use our search tool to help you choose a solicitor for your conveyancing in Llanbradach. We have connected thousands of home buyers and sellers with lender approved solicitors to ensure that the legalities of their house move runs with a minimum of fuss.
I am four weeks into a residential purchase having been referred to conveyancers by the estate agent to execute conveyancing in Llanbradach. We are not happy. Could you help me find new solicitors?
They would need to be very bad in order to consider changing them. Has your mortgage been issued? If so you will need to advise them of the replacement conveyancer and have the mortgage documents are re-issued. Your new solicitor ideally needs to be on the lenders panel to avoid escalating charges and delays. So that should be your starting point. The find a solicitor tool will help you find a bank approved lawyer for your home move in Llanbradach