I am the registered owner of a freehold house in Brundall but nevertheless invoiced for rent, why is this and what is this?
It is rare for properties in Brundall and has limited impact for conveyancing in Brundall 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 creation of new rentcharges from 1977 onwards.
Old rentcharges can now be extinguished by making a lump sum payment under the Act. Any rentcharges that are still in existence post 2037 is to be dispensed with completely.
My wife and I buying a 4 bedroom semi-detached house in Brundall. The intention is to carry out an extension to the side at the property.Will the conveyancing process include checks to ascertain if these alterations are allowed?
Your property lawyer should check the registered title as conveyancing in Brundall will occasionally reveal restrictions in the title documents which prohibit certain changes or require the consent of a 3rd party. Many works require local authority planning consent and approval under the building regulations. Many locations are designated conservation areas and special planning restrictions apply which often prevent or affect extensions. You should check these issues with a surveyor prior to committing yourself to a purchase.
I am the single beneficiary of my late mum's will and I have everything in my name alone, including the house in Brundall. Conveyancing formalities meant that the Land Registry date was in July. I plan to dispose of the house. I understand that there is a CML 6 month 'rule', which means that my property ownership could be considered the same way as though I had purchased the property in July. Do I have to wait half a year to sell?
The CML handbook requires conveyancers to: "report to us immediately if the owner or registered proprietor has been registered for less than six months." By the strict wording you may be caught by that. How sensible a view mortgage companies take of it, depend on the bank as this requirement chiefly exists to capture the purchase and immediately sell or the quick reselling of properties.
I am buying a property in Brundall. An unusual aspect is that the roof has a solar panel. Solicitors conducting should look into this right? Will my lender Nottingham be concerned?
As your lender is Nottingham your lawyer must follow the conveyancing requirements contained in Part 2 of UK Finance Lenders’ Handbook for Nottingham. The CML Handbook stipulates minimum conditions for solar panel roof-space leases, and lawyers are required to report to Nottingham where a lease does not satisfy these conditions. The conditions relate to the installation of panels on properties nationwide and is not restricted to Brundall.
I need some fast conveyancing in Brundall as I am under an ultimatum to sign on the dotted line inside one month. A home loan is not required. Is it possible to decline from having conveyancing searches to save money and time?
As you are not getting a home loan you are at free not to have searches conducted although no conveyancer would suggest that you don't. With lots of history conveyancing in Brundall the following are examples of what can crop up and adversely impact the marketability of the property: Enforcement Actions, Outstanding Charges, Overdue Grants, Road Schemes,...
I am buying a new build apartment in Brundall. Conveyancing is a frightening process at the best of times but I have never purchased a new build flat before. What sort of enquires would be asked in new build legal work.
Here is a sample of a few leasehold new build questions that you can expect your new-build leasehold conveyancing in Brundall
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The Landlord must covenant to assume the management if the Management Company goes into liquidation or otherwise defaults in running the management scheme. Please confirm the Lease plans are architect prepared. Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose? Please provide evidence that the form of Lease proposed has been approved by the Land Registry.
I decided to have a survey done on a house in Brundall before retaining lawyers. I have been told that there is a flying freehold element to the property. Our surveyor advised that some lenders may refuse to issue a mortgage on such a home.
It depends who your proposed lender is. HSBC has different instructions from Halifax. If you call us we can investigate further via the appropriate bank. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Brundall. Conveyancing may be slightly more expensive based on your lender's requirements.
I need to find a conveyancing solicitor for purchase conveyancing in Brundall. I have land on a web site which seems to have the perfect answer If it is possible to get all formalities done via web that would be ideal. Should I be wary? What should out be looking out for?
As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?