I purchased a freehold property in Chobham but still pay rent, why is this and what is this?
It is rare for properties in Chobham and has limited impact for conveyancing in Chobham 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 establishment of new rentcharges post 1977.
Old rentcharges can now be redeemed by making a lump sum payment under the Act. Any rentcharges that are still in existence in 2037 is to be extinguished.
Me and my brother purchased a terraced Edwardian house in Chobham. Conveyancing solicitor represented me and Bank of Ireland. I happened to do a free search for it on the Land Registry database and I saw two entries: the first freehold, the second leasehold with the exact same address. I thought I was buying a freehold how can I check?
You should assess 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 Chobham and other areas of the country and poses no real issues for owners other than when they mortgage they have to account for both freehold and leasehold interests when dealing with buyers. You can also enquire as to the situation with your conveyancing practitioner who carried out the work.
Are there any apps to assist me to locate a Chobham law firm on the Britannia conveyancing panel? I drive a motor bike and am prepared to travel upto 25miles to meet the solicitor.
Feel free to make use of the search on this website. Please select a bank and your location and you will see a number of Chobham conveyancing lawyers based on proximity. We have listed some Chobham conveyancing firms at the bottom of this page and you can ring them to check whether they are on the Britannia approved list
I am looking for a conveyancing solicitor in Chobham for my sale. Can I review a solicitor's record with the profession’s regulator?
Anyone may find documented Solicitor Regulator Association (SRA) decisions stemming from investigations from 2008 onwards. Visit Check a solicitor's record. To find details Pre 2008, or to check a solicitors record, telephone 0870 606 2555, 08.00 - 18.00 any week day save for Tuesday when lines open at 9.30am. For callers outside the UK, dial +44 (0)121 329 6800. The SRA could recorded telephone calls for training purposes.
Having had my offer accepted I require leasehold conveyancing in Chobham. Before I get started I want to be sure as to the number of years remaining on the lease.
Assuming the lease is recorded at the land registry - and most are in Chobham - then the leasehold title will always include the basic details of the lease, namely the date; the term; and the original parties. From a conveyancing perspective such details then enable any prospective buyer and lender to confirm that any lease they are looking at is the one relevant to that title. For any other purpose, such as confirming how long the term was granted for and calculating what is left, then the register should be sufficient on it's own.
I invested in buying a studio flat in Chobham, conveyancing having been completed 10 years ago. Can you let me have an estimate of the premium that my landlord can legally expect in return for granting a renewal of my lease? Similar properties in Chobham with an extended lease are worth £185,000. The average or mid-range amount of ground rent is £65 invoiced every year. The lease expires on 21st October 2086
With only 60 years left to run the likely cost is going to span between £20,000 and £23,000 as well as costs.
The figure above a general guide to costs for extending a lease, but we cannot give you the actual costs without more detailed investigations. You should not use this information in a Notice of Claim or as an informal offer. There may be additional concerns that need to be taken into account and clearly you should be as accurate as possible in your negotiations. You should not move forward based on this information before seeking the advice of a professional.
I have noted on various consumer advice websites that when selecting a conveyancing solicitors they need approved by your bank. It happens to be my first house move but I have an AIP with HSBC and I already have a family conveyancing lawyer in Chobham on standby. Can Santander insist on an approved solicitor to be used? Does a directory of approved firms even exist so I can pick a conveyancing solicitor in Chobham?
You need to instruct a solicitor that is on the Santander panel. Simply call your preferred Chobham conveyancing lawyer and ask if they are on the Santander panel. If they are not on the panel you have numerous alternatives available to you here:
- Proceed with your preferred Chobham property lawyer but Santander will need to retain a conveyancing practitioner from their approved panel. The net result is additional fees and probable interruption.
- Get a new conveyancer to conduct the conveyancing, not forgetting to check that they are on the Santander conveyancing panel.
- Appeal to your lawyer to attempt to join the mortgage company panel.