I am the registered owner of a freehold premises in Boscastle but nevertheless pay rent, why is this and what is this?
It is rare for properties in Boscastle and has limited impact for conveyancing in Boscastle 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 new rentcharges post 1977.
Old rentcharges can now be extinguished by making a lump sum payment under the Act. Any rentcharges that are still in existence in 2037 is to be dispensed with completely.
How do I investigate if the solicitor carrying out my conveyancing in Boscastle is on the bank’sconveyancing panel? I am looking to avoid the situation of having one lawyer for me and one for Britannia thus spending £187.00 plus VAT in supplemental conveyancing bill.
You should take advantage of the search tool on this web page. Please choose the lender and type ‘Boscastle’ or your preferred area and you will discover a number of lawyer located in Boscastle or nearest you.
I am selling our house in Boscastle and the buyers lawyers are claiming that there is a possibility that the property was built on contaminated land. A high street Boscastle lawyer would know this is not the case. For the life of me I don't know why the purchasers used a national conveyancing firm rather than a conveyancing solicitor in Boscastle. We have lived in Boscastle for 4 years we know that this is a non issue. Is it a good idea to get in touch with our local Authority to get confirmation that the buyers are looking for.
It sounds as though you may have a conveyancing lawyer already. What do they say? You must enquire of your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out health insurance to cover that same ailment)
How does conveyancing in Boscastle differ for new build properties?
Most buyers of new build premises in Boscastle come to us having been asked by the housebuilder to exchange contracts and commit to the purchase even before the premises is completed. This is because house builders in Boscastle usually purchase the site, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct property lawyers as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are used to new build conveyancing in Boscastle or who has acted in the same development.
I am downsizing from my home. My former conveyancers has retired. I am in need of a recommendation of a conveyancing firm. Im based in Boscastle if that affects matters.
You should use our search tool to help you find a solicitor for your conveyancing in Boscastle. We have connected thousands of home buyers and sellers with regulated solicitors to ensure that the legalities of their house move goes with a minimum of fuss.
What advice can you give us when it comes to finding a Boscastle conveyancing firm to deal with our lease extension?
If you are instructing a conveyancer for your lease extension (regardless if they are a Boscastle conveyancing firm) it is imperative that they be familiar with the legislation and specialises in this area of conveyancing. We recommend that you speak with two or three firms including non Boscastle conveyancing practices before you instructing a firm. Where the conveyancing practice is ALEP accredited then so much the better. The following questions could be of use:
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Can they put you in touch with clients in Boscastle who can give a testimonial? What are the costs for lease extension work?
Boscastle Leasehold Conveyancing - A selection of Questions you should consider Prior to buying
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The answer will be useful as a) areas could result in problems for the block as the common areas may start to deteriorate where maintenance remain unpaid b) if the leaseholders have an issue with the managing agents you will want to know about it The prefered form of lease structure is a share of the freehold. In this situation the tenants enjoy control and although a managing agent is usually employed where it is larger than a house conversion, the managing agent acts for the leaseholders themselves.