I own a freehold property in Brown Edge yet invoiced for rent, why is this and what is this?
It is rare for properties in Brown Edge and has limited impact for conveyancing in Brown Edge 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 from 1977 onwards.
Previous rentcharges can now be redeemed by making a one off payment under the Act. Any rentcharges that are still in existence after 2037 will be dispensed with completely.
I opted to have a survey completed on a house in Brown Edge prior to instructing conveyancers. I have been advised that there is a flying freehold aspect to the property. My surveyor has said that some banks may refuse to issue a loan on a flying freehold home.
It depends who your proposed lender is. Bank of Scotland has different instructions from Halifax. Should you wish to telephone us we can check via the appropriate bank. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Brown Edge. Conveyancing will be smoother if you use a solicitor in Brown Edge especially if they are familiar with such properties in Brown Edge.
Taking into account that I am about to part with £400,000 on a terraced house in Brown Edge I wish to talk to a conveyancer regarding thetransaction ahead of giving the go ahead to the firm. Is this something that you can arrange?
This is something that we encourage - it is our preference to talk to you we do not take any clients on without you speaking to the conveyancer who will be conducting your property ownership legalities in Brown Edge.There is no ‘factory style conveyancing’ - every client is an important person, not a file number. The law firms that we put you in touch with believe that the figure you are quoted for residential conveyancing in Brown Edge should be the amount on the final invoice that you end up paying.
I am thinking of appointing a conveyancing lawyer in Brown Edge for my remortgage. Can I see a firm’s record with the profession’s regulator?
You may read presented Solicitor Regulator Association (SRA) determinations arising from investigations commenced on or after 1 January 2008. Visit Check a solicitor's record. To find information Pre 2008, or to check a firm's record, call 0870 606 2555, 08.00 - 18.00 any week day save for Tuesday when lines open at 9.30am. For non-uk callers, call +44 (0)121 329 6800. The SRA sometimes recorded telephone calls for training requirements.
There are only Seventy years remaining on my lease in Brown Edge. I now wish to extend my lease but my freeholder is absent. What are my options?
On the basis that you qualify, under the Leasehold Reform, Housing and Urban Development Act 1993 you can apply to the County Court for an order to dispense with the service of the initial notice. This will mean that your lease can be lengthened by the magistrate. You will be obliged to demonstrate that you or your lawyers have used your best endeavours to locate the landlord. In some cases an enquiry agent would be useful to carry out a search and prepare an expert document which can be used as proof that the landlord is indeed missing. It is advisable to get professional help from a property lawyer in relation to proving the landlord’s disappearance and the application to the County Court overseeing Brown Edge.
Brown Edge Leasehold Conveyancing - A selection of Questions you should ask before Purchasing
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The majority of Brown Edge leasehold flats will incur a service charge for maintenance of the building invoiced by the freeholder. Where you buy the property you will have to meet this charge, usually quarterly during the year. This may differ from several hundred pounds to thousands of pounds for blocks with lifts and large common grounds. In all probability there will be a rentcharge for you to pay yearly, ordinarily this is not a exorbitant figure, say approximately £50-£100 but you should to enquire as on occasion it can be many hundreds of pounds. Are any of leasehold owners in dispute over their service charge payments? Is the freehold reversion owned collectively by the leaseholders?
My lawyers in Brown Edge have advised me that no longer have my conveyancing file. At the time of my purchase I took out a mortgage with the bank. Is it case that being on the mortgage company conveyancing panel they need to have retained the file for a number of years?
It very much depends from lender to lender but many of the Terms and Conditions of Conveyancing Panel Appointment require the file to be held for a period of 6 years. That being said we have not seen a copy of the mortgage company Conveyancing Panel Terms. It might be worth you contacting the lender directly.