I am the registered owner of a freehold property in Edenbridge but nevertheless invoiced for rent, why is this and what is this?
It’s unusual for properties in Edenbridge and has limited impact for conveyancing in Edenbridge 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.
Previous rentcharges can now be redeemed by making a one off payment under the Act. Any rentcharges that are still in existence post 2037 is to be extinguished.
How do I investigate if the solicitor conducting my conveyancing in Edenbridge is on the mortgage lender’sapproved panel? I am looking to avoid the situation of having one lawyer for me and one for Aldermore thus paying £192.00 in another set of conveyancing invoice.
You should take advantage of the find a conveyancing panel solicitor tool on this site. Please choose the mortgage company and type ‘Edenbridge’ or your preferred area and you will discover a number of lawyer offices in Edenbridge or nearest you.
Do commercial conveyancing searches reveal impending roadworks that may affect a commercial land in Edenbridge?
Its becoming the norm that commercial conveyancing solicitors in Edenbridge will order a SiteSolutions Highways report as it dramatically cuts the time that conveyancers invest in researching accurate data on highways that impact buildings and development assets in Edenbridge. The report sets out definitive information on the adoption status of roads, footpaths and verges, as well as the implication of traffic schemes and the rights of way surrounding a commercial development sites in Edenbridge.
For each commercial conveyancing transaction in Edenbridge it is crucial to investigate the adoption status of roads surrounding a site. The absence of identifying developments where adoption procedures have not been addressed adequately can result in delays to Edenbridge commercial conveyancing transactions as well as present a risk to future intentions for the site. These searches are not conducted for domestic conveyancing in Edenbridge.
In sourcing the internet for the words conveyancing in Edenbridge it shows results of many conveyancerslocally. How do I determine which is the suitable solicitor for the sale of my house?
The ideal way of finding a suitable conveyancer is via personal recommendation, so seek the guidance of colleagues and family who have purchased a property in Edenbridge or a respected estate agent or financial adviser. Costs for conveyancing in Edenbridge differ, so it's a good idea to secure a minimum of three quotes from varying types of property lawyers. Dont forget to clarify that the costs are assured not to to be inflated.
I today plan to offer on a house that seems to meet my requirements, at a great price which is making it all the more appealing. I have since found out that it's a leasehold as opposed to freehold. I am assuming that there are particular concerns buying a leasehold house in Edenbridge. Conveyancing advisers have are about to be appointed. Will my lawyers set out the risks of buying a leasehold house in Edenbridge ?
The majority of houses in Edenbridge are freehold rather than leasehold. In this scenario it’s worth having a local solicitor who is familiar with the area who can assist with the conveyancing process. It is clear that you are buying in Edenbridge so you should seriously consider looking for a Edenbridge conveyancing practitioner and check that they have experience in transacting on leasehold houses. As a matter of priority you will need to check the number of years remaining. As a leaseholder you will not be entirely free to do whatever you want with the house. The lease comes with conditions for example obtaining the landlord’spermission to carry out alterations. It may be necessary to pay a maintenance charge towards the upkeep of the estate where the property is located on an estate. Your solicitor will report to you on the legal implications.
I own a leasehold flat in Edenbridge, conveyancing was carried out December 1998. How much will my lease extension cost? Comparable flats in Edenbridge with over 90 years remaining are worth £186,000. The ground rent is £55 yearly. The lease expires on 21st October 2077
With only 52 years unexpired we estimate the premium for your lease extension to range between £29,500 and £34,000 as well as professional fees.
The suggested premium range that we have given is a general guide to costs for extending a lease, but we are not able to advice on the actual costs in the absence of detailed investigations. You should not use the figures in tribunal or court proceedings. There may be other issues that need to be considered and clearly you should be as accurate as possible in your negotiations. Please do not move forward based on this information before getting professional advice.
Me and my husband have just had an offer accepted on a apartment and had an appointment on Wednesday with Nationwide for the mortgage. They warned me that when it comes to appointing a property lawyer that unless they are on their approved list of lawyers then we will be subject to an an additional fee of £250+. This is is due to the fact that they will then have to instruct a conveyancer to act on their behalf as well as the one we select for ourselves and we assume responsibility for their costs. I have requested Nationwide to furnish me with a list so I can seek estimates only from their approved lawyers but was told they dont have such a list to hand over. Is there a simple way of finding out who is on a lender panel?
You can enquire of Nationwide what their criteria for joining their panel is for a conveyancer.Then ask the lawyer of your choice whether they meet the criteria and have they acted on loans for Nationwide previously. Where the answer to those is yes, then just double check with Nationwide. Another option is to use our search facility and we may be able to locate a lawyer in Edenbridge on the panel for Nationwide.