I purchased a freehold residence in Blackwell yet invoiced for rent, why is this and what is this?
It is rare for properties in Blackwell and has limited impact for conveyancing in Blackwell 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 generation of new rentcharges from 1977 onwards.
Previous rentcharges can now be extinguished by making a lump sum payment under the Act. Any rentcharges that are still in existence post 2037 will be extinguished.
My Solicitor in Blackwell is not listed on the Clydesdale Conveyancing Panel. Can I still continue with my prefered solicitor even though they are not on the Clydesdale panel?
Your options are as follows:
- Carry on with your existing Blackwell lawyers but Clydesdale will need to retain a solicitor on their panel. This will result in additional overall legal charges as well as cause frustration.
- Find a new solicitor to to deal with the conveyancing, obviously checking they are Persuade your conveyancer to do everything within their powers to join the Clydesdale conveyancing panel
three months have elapsed following my purchase conveyancing in Blackwell completed. I have checked the Land Registry site which shows that I paid £150,000 when infact I paid £215,000. 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 asset 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.
I'm buying my first flat in Blackwell with the aid of help to buy. The sellers would not budge the amount so I negotiated £7000 of fixtures and fittings instead. The property agent told me not to tell my conveyancer about this deal as it may put at risk my mortgage with the bank. Should I keep quiet?.
All lenders require a Disclosure of Incentives Form from the builder of any new build, converted or renovated property, It is available online from the Lenders’ Handbook page on the CML website. CML form is completed and handed to the lender's surveyor when the inspection is done.
Lenders have different policies on incentives. Some accept none at all, cash or physical, while others will accept cash incentives up to 5%.
Hard to understand why the representative of a builder would be suggesting you withold information from a solicitor when all this will be clearly visible on forms the builder has to supply to its solicitor, the buyer's solicitor and the surveyor.
What does commercial conveyancing in Blackwell cover?
Non domestic conveyancing in Blackwell covers a broad range of advice, given by qualified solicitors, relating to business premises. For instance, this area of conveyancing can cover the sale or purchase of freehold business premises or, more usually, the assignment of existing business tenancies or the drafting of new leasing arrangements. Commercial conveyancing solicitors can also offer advice on the sale of business assets, commercial loans and the termination of tenancies.
Can I establish who is the owner of a property in Blackwell?
As long as the premises is recorded at the Land Registry, and you have the specifics of the address of the property, you will be able to obtain details from the the Land Registry of the registered proprietor for a fee.