I own a freehold property in Brinsworth but nevertheless invoiced for rent, why is this and what is this?
It’s unusual for properties in Brinsworth and has limited impact for conveyancing in Brinsworth 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.
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 dispensed with completely.
I have been referred to a conveyancing solicitor in Brinsworth. I I am struggling to find out whether they are accepted on the Platform Home Loans Ltd conveyancing panel. Could you or the lender confirm if they are on the panel?
You should call your lawyer and enquire whether they can act for the bank. Alternatively you should get in touch with Platform Home Loans Ltd who may be able to help.
What is the difference between a licensed conveyancer and conveyancing solicitor in Brinsworth
There are two types of lawyers who can do conveyancing in Brinsworth namely licenced conveyancers or solicitors. The two can handle conveyancing services that required to complete the sale or purchase of property. They are both duty bound to conduct Brinsworth conveyancing on similar quality and guidelines so you can be sure that your conveyancing will be professionally conducted and that the requisite procedures should be appropriately attended to.
A relative informed me that in buying a property in Brinsworth there may be various restrictions affecting the ability to carry out external alterations to a property. Is this right?
We are aware of a number of properties in Brinsworth which have some sort of restriction or requirement of consent to carry out external changes. Part of the conveyancing in Brinsworth should determine what restrictions are applicable and advising you as part of a ROT that should be sent to you.
I have today made my last payment due on my mortgage with Coventry BS. I assume I don't need a Brinsworth lawyer on the Coventry BS panel to remove the mortgage at the Land Registry. Am I right?
If you have finished paying off your Coventry BS mortgage, they may send you evidence showing that you have paid it off. Alternatively they may notify the Land Registry directly. The Land Registry need to see this evidence before they will remove the Coventry BS mortgage from the register. Coventry BS, and any evidence they send you, will determine the action you need to take. In cases where no conveyancer is acting for you and you have paid off your mortgage:
- but are not moving to another property
- where Coventry BS has sent the Land Registry the discharge electronically, and
- Coventry BS has instructed the Land Registry to do so
Should my conveyancer be making enquiries concerning flooding during the conveyancing in Brinsworth.
The risk of flooding is if increasing concern for conveyancers dealing with homes in Brinsworth. There are those who purchase a property in Brinsworth, fully aware that at some time, it may suffer from flooding. However, leaving to one side the physical damage, if a property is at risk of flooding, it may be difficult to get a mortgage, suitable building insurance, or dispose of the property. There are steps that can be taken as part of the conveyancing process to forewarn the buyer.
Solicitors are not best placed to impart advice on flood risk, but there are a various checks that may be initiated by the buyer or by their lawyers which will figure out the risks in Brinsworth. The standard information given to a purchaser’s solicitor (where the solicitors are adopting what is known as the Conveyancing Protocol) includes a usual question of the owner to determine if the property has suffered from flooding. In the event that flooding has previously occurred and is not revealed by the owner, then a buyer could issue a legal claim for losses stemming from an misleading reply. The purchaser’s solicitors will also order an environmental search. This will disclose whether there is any known flood risk. If so, further investigations will need to be initiated.
Taking into account that I will soon part with hundreds of thousands of pounds on a garden flat in Brinsworth I wish to have a conversation with the solicitor concerning theconveyancing before instructing the firm. Is this something that you can arrange?
We could not agree more - we would be pleased to talk to you we do not take any clients on without you first talking to the lawyer who will be doing your conveyancing in Brinsworth.There is no ‘factory style conveyancing’ - every client is unique person, not a case reference. The solicitors that we put you in touch with believe that the fees you are calculated and presented to you for residential conveyancing in Brinsworth should be the figure that you end up paying.
Expecting to exchange soon on a leasehold property in Brinsworth. Conveyancing lawyers inform me that they are sending me a report within the next couple of days. What should I be looking out for?
Your report on title for your leasehold conveyancing in Brinsworth should include some of the following:
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You should be advised what constitutes a Nuisance in the lease Will you be prohibited or prevented from having pets in the property? Details of the parties to the lease, for example these could be the (you), head lessor, landlord What options are available to the landlord where you breach a clause of your lease?
I own a 1st floor flat in Brinsworth, conveyancing was carried out April 2012. Can you shed any light on how much the price could be for a 90 year extension to my lease? Similar flats in Brinsworth with a long lease are worth £222,000. The ground rent is £50 invoiced annually. The lease expires on 21st October 2096
With only 70 years unexpired we estimate the premium for your lease extension to span between £9,500 and £11,000 plus costs.
The suggested premium range above a general guide to costs for extending a lease, but we are not able to provide the actual costs without more detailed investigations. You should not use the figures in a Notice of Claim or as an informal offer. There are no doubt additional issues that need to be considered and you obviously should be as accurate as possible in your negotiations. You should not take any other action based on this information without first getting professional advice.