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Find a Rushden Conveyancing Solictior on Your Lender’s Panel

Ready to buy a new home in Rushden? Failing to check that a lawyer is on your lender’s list of approved solicitors can put your Rushden home move at risk of delay or failure.

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Recently asked questions about conveyancing in Rushden

I am buying a property without a mortgage in Rushden. I have resided for the last dozen years in Rushden. Conveyancing searches are expensive. Given that I know the area and road very well should I not bother getting the solicitor to do all the conveyancing searches?

In the absence of a mortgage, then all but one or two of the Rushden conveyancing searches are non-obligatory. Your conveyancer will ’encourage you, perhaps strongly, that you should have searches carried out, but he is duty bound to do this. One thing to consider; if you are likely to sell the house in the future, it may be of relevance to your future buyer what the searches determine. Sometimes properties with day to day issues can still throw up negative search results. A good conveyancing solicitor in Rushden should provide you some constructive guidance concerning this.

I own a freehold property in Rushden but still pay rent, why is this and what is this?

It’s unusual for properties in Rushden and has limited impact for conveyancing in Rushden 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 hundreds of years, but the Rent Charge Act 1977 barred the establishment of fresh rentcharges post 1977.

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

Are the BSA intent on creating a searchable register to list practices on the Melton Mowbray Building Society conveyancing panel for instance in Rushden?

We are not aware of any intention on the part of the BSA to promote such a register.

I am in need of some leasehold conveyancing in Rushden. Before I get started I would like to find out the unexpired term of the lease.

Assuming the lease is registered - and 99.9% are in Rushden - then the leasehold title will always include the short particulars of the lease, namely the date; the term; and the original parties. From a conveyancing perspective such details then enable any prospective buyer and lender to confirm that any lease they are looking at is the one relevant to that title. For any other purpose, such as confirming how long the term was granted for and calculating what is left, then the register should be sufficient on it's own.

I invested in buying a studio flat in Rushden, conveyancing was carried out half a dozen years ago. Can you let me have an estimated range of the fair premium for a lease extension? Corresponding properties in Rushden with over 90 years remaining are worth £211,000. The ground rent is £45 charged once a year. The lease ceases on 21st October 2086

With 67 years remaining on your lease we estimate the premium for your lease extension to be between £10,500 and £12,000 plus professional fees.

The figure above a general guide to costs for extending a lease, but we are not able to provide a more accurate figure without more comprehensive due diligence. You should not use this information in a Notice of Claim or as an informal offer. There are no doubt additional concerns that need to be considered and clearly you should be as accurate as possible in your negotiations. You should not take any other action placing reliance on this information without first getting professional advice.

I am purchasing a garden flat in Rushden. Conveyancing solicitor has been awaiting, from the owner, building insurance documents. Earlier today I was advised that the owner needs to forward the insurance paperwork for the flat above as well. Why does my lawyer want to review the insurance for the flat above? Is it strictly required? We have been in hold for the previous fortnight…

It is not impossible in leasehold conveyancing in Rushden to find Conveyancing in Rushden in a minority of cases reveals that the lease provides for the tenant's to insure their individual flats as opposed to the freeholder insuring the complete block - which is definitely preferable. Do double check with your solicitor but it would seem that your lawyer is looking to establish that the complete building is insured. Insuring a ground floor flat is no help when it comes to rebuilding after a fire if the other flat cannot be reconstructed due to lack of insurance.

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