I am the registered owner of a freehold premises in Trentham yet invoiced for rent, why is this and what is this?
It’s unusual for properties in Trentham and has limited impact for conveyancing in Trentham 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 creation of fresh rentcharges from 1977 onwards.
Old rentcharges can now be extinguished by making a one off payment under the Act. Any rentcharges that are still in existence post 2037 will be extinguished.
I am purchasing a property and need a conveyancing solicitor in Trentham who is on the approved. Can you recommend a local firm?
Our service is limited to being a directory service for firms who wish to listed as being on the approved conveyancing panel for in certain locations such as Trentham. We dont recommend any particular firm.
five months have gone by since my purchase conveyancing in Trentham completed. I have checked the Land Registry website which shows that I paid £200,000 when infact I paid £180,000. Why the discrepancy?
The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the premises from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.
Hoping to buy a property located in Trentham and I am already nervous. I couldn't find anything specific about Trentham. Conveyancing will be needed in due course but do you know about the Trentham area? or perhaps some other tips you can share?
Rather than looking online forget looking online you should go and have a look at Trentham. In the meantime here are some basic statistics that we found
I’m about to sell my basement apartment in Trentham.Conveyancing is yet to be initiated but I have just had a quarterly maintenance charge demand – should I leave it to the buyer to sort out?
The sensible thing to do is discharge the service charge as you normally would as all ground rent and maintenance payments should be apportionedas part of the financial calculations for completion monies, so you should recover the relevant percentage by the purchaser for the period running from after the completion date to the subsequent invoice date. Most managing agents will not acknowledge the buyer until the service charges have been paid and are up to date so it is important for both buyer and seller for the seller to show that they are up to date. This will smooth the conveyancing process