I own a freehold property in Battle yet invoiced for rent, why is this and what is this?
It is rare for properties in Battle and has limited impact for conveyancing in Battle 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 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 is to be extinguished.
Is there a search tool that I can use to investigate if the solicitor conducting my conveyancing in Battle is on the bank’sconveyancing panel? I am looking to avoid the situation of having one lawyer for me and one for Leeds Building Society thus spending £192.00 in further conveyancing invoice.
You should take advantage of the search tool on this web page. Pick the lender and type ‘Battle’ or your preferred area and you will discover numerous solicitors offices in Battle or by proximity to you.
Will our solicitor be asking questions about flooding during the conveyancing in Battle.
The risk of flooding is if increasing concern for solicitors specialising in conveyancing in Battle. There are those who acquire a house in Battle, fully aware that at some time, it may suffer from flooding. However, leaving to one side the physical damage, where a property is at risk of flooding, it may be difficult to obtain a mortgage, satisfactory insurance cover, or dispose of the premises. Steps can be carried out as part of the conveyancing process to forewarn the purchaser.
Lawyers are not best placed to offer advice on flood risk, but there are a various searches that may be initiated by the purchaser or on a buyer’s behalf which will figure out the risks in Battle. The standard information given to a purchaser’s conveyancer (where the Conveyancing Protocol is adopted) contains a standard question of the seller to determine if the property has historically flooded. If flooding has previously occurred and is not revealed by the vendor, then a buyer may issue a legal claim for losses as a result of such an incorrect reply. The buyer’s conveyancers should also carry out an enviro search. This should higlight whether there is any known flood risk. If so, more detailed inquiries will need to be initiated.
Me and my brother purchased a renovated Edwardian property in Battle. Conveyancing lawyer represented me and Nottingham Building Society. I happened to do a free search for it on the Land Registry database and I saw a couple of entries: the first freehold, the second leasehold with the exact same property. Is it worth asking Nottingham Building Society to clarify?
You need to assess the Freehold register you have again and check the Charges Register as there may be 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 Battle and other areas of the country and poses no real issues for owners other than when they buy they have to account for both freehold and leasehold interests when dealing with lenders. You can also check the position with your conveyancing practitioner who conducted the work.
Due to the input of my in-laws I had a survey completed on a property in Battle prior to retaining lawyers. I have been told that there is a flying freehold overhang to the property. The surveyor advised that some lenders tend refuse to grant a loan on this type of home.
It varies from the lender to lender. Lloyds has different instructions from Halifax. Should you wish to telephone us we can look into this further with the relevant lender. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Battle. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Battle to see if the conveyancing costs will increase in light of this.
I need to find a mortgage company panel solicitor in Battle. Could you help me?
It is not clear why you need a Battle panel solicitor but in any event, if you can not find one on our search tool you will need to speak directly to the mortgage company to find out which solicitors in Battle are on their panel . If you do find such a firm in Battle not listed please direct them to our site to list. After all the cost is only one £1 a month