I purchased a freehold premises in Bodmin yet invoiced for rent, why is this and what is this?
It is rare for properties in Bodmin and has limited impact for conveyancing in Bodmin 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 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 will be extinguished.
What is the best way to check that the solicitor conducting my conveyancing in Bodmin is on the bank’sconveyancing panel? I am looking to avoid the situation of having one lawyer for me and one for Santander thus spending £187.00 plus VAT in supplemental legal fees.
Please do make use of the search tool on this site. Pick the lender and type ‘Bodmin’ or your location and you will see numerous solicitors offices in Bodmin or by proximity to you.
I purchased a renovated Edwardian property in Bodmin. Conveyancing practitioner acted for me and National Westminster Bank. I did a free Land Registry search last week and I saw two entries: one for freehold, the second leasehold under the exact same property. I'd like to know for sure, how can I find out??
You should review 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 Bodmin 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 buyers. You can also enquire as to the position with your conveyancing solicitor who conducted the purchase.
Just had an offer accepted on a new build apartment in Bodmin. Conveyancing is a frightening process at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build conveyancing.
Set out below is a sample of a few leasehold new build enquiries that you can expect your new-build leasehold conveyancing in Bodmin
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Where service of notices and proceedings can be at the property demised please confirm that this can be amended to include simultaneous services at the Lessees’ solicitors’ offices where the Lessee from time to time is not resident in the UK - such solicitors may be varied by notice in writing to the Landlord from time to time but otherwise will be as previously specified. The Vendor must covenant to keep unsold units in good repair until long leases are granted therefore. Investor purchasers must be able to freely grant unsecured tenancies at market rents without requiring any consents. Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company? Please provide evidence that the form of Lease proposed has been approved by the Land Registry.
What does commercial conveyancing in Bodmin cover?
Commercial conveyancing in Bodmin covers a wide range of advice, provided by qualified solicitors, relating to business premises. By way of example, this area of conveyancing can cover the sale or purchase of freehold business premises or, more usually, the transfer 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 leases.
I am a FTB in Bodmin, just beginning the hunt for a home. I am in need of a Bodmin conveyancing solicitor. The family lawyer is located in Scotland and unable to assist.Can you recommend a trustworthy Bodmin conveyancer that will help us as well as represent UBS?
LenderPanel.com is limited to being a directory service for property lawyers who wish to be listed as being on the approved conveyancing panel for UBS in certain locations for instance Bodmin . We dont recommend any specific conveyancer.