We are due to exchange buying a house in Bartley Green but as a consequence of wreckage from the recent storms I have was able negotiate recompense from the current proprietors of £2k in the form of a reduction in the price. This was going to be addressed as part of the conveyancing process but Skipton are not allowing this. Why were they informed?
Any conveyancing practitioner that is on a Skipton conveyancing panel is obliged to advise Skipton of any changes to the purchase price. If you prohibit your conveyancer to report the reduction to Skipton then they would have to discontinue acting for you. In addition, Skipton and you would have to appoint a new conveyancer for your conveyancing in Bartley Green.
I am the registered owner of a freehold property in Bartley Green but nevertheless invoiced for rent, why is this and what is this?
It’s unusual for properties in Bartley Green and has limited impact for conveyancing in Bartley Green 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 hundreds of years, but the Rent Charge Act 1977 barred the generation of new rentcharges post 1977.
Old rentcharges can now be extinguished by making a one off payment under the Act. Any rentcharges that are still in existence in 2037 is to be extinguished.
We're in Bartley Green, First time buyers buying with a mortgage (lender is Principality , and our lawyer is on the Principality conveyancing panel). How long should the conveyancing process take?
The fact that your lawyer is on the Principality conveyancing panel is a help. It would almost certainly delay matters if they were not. However, no lawyer should guarantee a timeframe for your conveyancing, due to third parties outside of your control such as delays caused by lenders,conveyancing search providers or by the other side’s solicitors. The time taken is often determined by the number of parties in a chain.
My wife and I purchased a terraced Edwardian property in Bartley Green. Conveyancing practitioner represented me and Barnsley Building Society. I did a free Land Registry search last week and there are a couple of entries: the first freehold, another for leasehold under the matching address. I thought I was buying a freehold how can I check?
You need to review the Freehold register you have again and check the Charges Register for mention of a lease. The best way to be sure that you are also the registered owner of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Bartley Green and other areas of the country and poses no real issues for owners other than when they sell they have to account for both freehold and leasehold interests when dealing with buyers. You can also enquire as to the position with your conveyancing lawyer who conducted the work.
Are there any apps to assist me to identify a Bartley Green solicitor on the Yorkshire Building Society conveyancing panel? I drive a motor bike and am willing to travel upto 25miles to meet the solicitor.
You can use the search on this website. Please select a mortgage company and your location and you will see a number of Bartley Green conveyancing lawyers locally. We have detailed some Bartley Green conveyancing firms at the bottom of this page and you can contact them to check if they are on the Yorkshire Building Society member panel
There are only Seventy years remaining on my lease in Bartley Green. I am keen to extend my lease but my freeholder is can not be found. What are my options?
If you meet the appropriate requirements, under the Leasehold Reform, Housing and Urban Development Act 1993 you can submit an application to the County Court for an order to dispense with the service of the initial notice. This will mean that your lease can be lengthened by the Court. You will be obliged to demonstrate that you have done all that could be expected to track down the landlord. For most situations an enquiry agent should be useful to try and locate and prepare a report which can be accepted by the court as proof that the freeholder can not be located. It is advisable to get professional help from a property lawyer both on proving the landlord’s disappearance and the application to the County Court covering Bartley Green.
I own a garden flat in Bartley Green, conveyancing was carried out March 2010. Can you let me have an estimated range of the fair premium for a lease extension? Similar flats in Bartley Green with a long lease are worth £265,000. The average or mid-range amount of ground rent is £50 charged once a year. The lease ceases on 21st October 2102
You have 76 years unexpired the likely cost is going to span between £8,600 and £9,800 plus professional fees.
The suggested premium range above a general guide to costs for renewing a lease, but we are not able to provide a more accurate figure in the absence of comprehensive due diligence. Do not use the figures in a Notice of Claim or as an informal offer. There are no doubt other concerns that need to be considered and you obviously should be as accurate as possible in your negotiations. Please do not take any other action placing reliance on this information before seeking the advice of a professional.