I purchased a freehold property in Shinfield yet invoiced for rent, why is this and what is this?
It is rare for properties in Shinfield and has limited impact for conveyancing in Shinfield 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 new 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.
Our bank has recommended solicitors on their panel based in Shinfield but I would rather choose a conveyancing lawyer in Shinfield round the corner to me. Can you help?
It is by no means the case that all Shinfield conveyancing solicitors are approved and listed on all lender’s conveyancing panel. Please make the most of the above search tool to identify a Shinfield conveyancing solicitor on the on the bank panel.
I have recentlybecome aware that Action Conveyancing have closed. They carried out my conveyancing in Shinfield for a purchase of a leasehold flat 12 months ago. How can I check that the property is registered correctly in the name of the former proprietor?
The easiest way to check if the property is in your name, 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 Shinfield conveyancing specialists.
What is different about your site and alternative online quote calculators for conveyancing in Shinfield?
At this site secure a fixed fee quote from a Solicitor or Licensed Conveyancer that understands the nuances of your conveyancing in Shinfield. As opposed to estate agents and many comparison sites we are not in the business of charging firms a commission if you appoint them for your conveyancing in Shinfield
Looking forward to complete next month on a studio apartment in Shinfield. Conveyancing solicitors have said that they will have a report out to me within the next couple of days. What should I be looking out for?
The report on title for your leasehold conveyancing in Shinfield should include some of the following:
Does the lease prevent you from letting out the property, or working from home Does the lease prohibit wood flooring? Details of the parties to the lease, e.g. these could be the (you), head lessor, landlord The total ownership of the property. This might be the apartment itself but may incorporate a roof space or storage are if relevant.
I inherited a studio flat in Shinfield, conveyancing was carried out half a dozen years ago. How much will my lease extension cost? Comparable flats in Shinfield with over 90 years remaining are worth £206,000. The average or mid-range amount of ground rent is £45 charged once a year. The lease ends on 21st October 2085
You have 66 years left to run we estimate the price of your lease extension to be between £11,400 and £13,200 plus professional fees.
The figure that we have given is a general guide to costs for extending a lease, but we cannot give you a more accurate figure in the absence of detailed investigations. Do 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 you obviously want to be as accurate as possible in your negotiations. Neither should you move forward placing reliance on this information without first seeking the advice of a professional.