I am the registered owner of a freehold property in Eastcote but still invoiced for rent, why is this and what is this?
It’s unusual for properties in Eastcote and has limited impact for conveyancing in Eastcote 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 many centuries, but the Rent Charge Act 1977 barred the establishment of fresh 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 in 2037 will be dispensed with completely.
I have been recommended a conveyancing solicitor in Eastcote. I I am struggling to find out whether they are on the Clydesdale approved list of lawyers. Can you assist?
The first thing you should do is call the conveyancer and ask them if they can act for the lender. Otherwise please call Clydesdale who may be able to assist.
How does conveyancing in Eastcote differ for newly converted properties?
Most buyers of new build property in Eastcote contact us having been asked by the housebuilder to sign contracts and commit to the purchase even before the property is built. This is because house builders in Eastcote usually buy the land, 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 Eastcote or who has acted in the same development.
I've recently found out that there is a flying freehold element on a property I have offered on two weeks back in what should have been a simple, no chain conveyancing. Eastcote is the location of the property. What do you suggest?
Flying freeholds in Eastcote are unusual but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Eastcote you would need to get your solicitor to go through the deeds diligently. Your mortgage company may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Eastcote may determine that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold residence.
My company is planning to take over a lease of an office on a shopping parade. Can you recommend lawyers offering competitive charges for non-domestic conveyancing in Eastcote for below £2000?
We can recommend firms who have specialist knowledge of commercial conveyancing in Eastcote, including the disposal and purchase of businesses as well as simply premises. If you are looking to buy or lease a shop, pub, restaurant, office, retail premises or a whole business we will find you the right lawyer. Regarding the fees these will vary based on the structure and complexity of the deal. Please provide us with your details or telephone so as to enable us to provide you with a fixed commercial conveyancing calculation.
I am looking for a conveyancing practitioner in Eastcote for my house move. Is there any facility to check a solicitor's complaints history with the profession’s regulator?
One can search for documented Solicitor Regulator Association (SRA) decisions arising from investigations from 2008 onwards. Visit Check a solicitor's record. For records about the period before 1 January 2008, or to check a solicitors record, telephone 0870 606 2555, 08.00 - 18.00 Monday, Wednesday, Thursday, Friday and 09.30 - 18.00 Tuesday. For non-uk callers, dial +44 (0)121 329 6800. The regulator may recorded telephone calls for training purposes.