I am the registered owner of a freehold premises in Ferryside but nevertheless invoiced for rent, why is this and what is this?
It is rare for properties in Ferryside and has limited impact for conveyancing in Ferryside 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 generation of new rentcharges post 1977.
Previous rentcharges can now be extinguished by making a one off payment under the Act. Any rentcharges that are still in existence after 2037 is to be dispensed with completely.
What will a local search tell me about the house I am buying in Ferryside?
Ferryside conveyancing often commences with the submitting local authority searches directly from your local Authority or via a personal search company such as Searches UK The local search is essential in every Ferryside conveyancing purchase; as long as you don’t want any nasty surprises after you move into your new home. The search should supply data on, amongst other things, details on planning applications applicable to the premises (whether granted or refused), building control history, any enforcement action, restrictions on permitted development, nearby road schemes, contaminated land and radon gas; in all a total of thirteen subject areas.
Despite weeks of looking the Title Certificate and documents to my house can not be found. The lawyers who conducted the conveyancing in Ferryside 5 years ago no longer exist. Will I be able to sell the house?
You no longer need to have the physical official documentation to prove you are the owner of your registered land or property, given that the Land Registry have everything they need in a digital format.
I am looking to sell my home. My previous conveyancers has retired. I would be grateful for any recommendation of a conveyancing firm. Im based in Ferryside if that makes a difference.
You should use our search tool to help you find a solicitor for your conveyancing in Ferryside. We have connected thousands of home buyers and sellers with regulated solicitors to ensure that the legalities of their house move goes smoothly.
My step-father has recommend that I instruct his lawyers for conveyancing in Ferryside. Should I use them?
No doubt it’s preferable to find a conveyancing practitioner is to get guidance from friends or relatives who have actually experience in using the conveyancer that you are are thinking of instructing.
What are your top tips when it comes to appointing a Ferryside conveyancing firm to deal with our lease extension?
When appointing a property lawyer for your lease extension (regardless if they are a Ferryside conveyancing practice) it is most important that they be familiar with the legislation and specialises in this area of conveyancing. We suggest that you talk with several firms including non Ferryside conveyancing practices before you instructing a firm. Where the conveyancing practice is ALEP accredited then so much the better. The following questions might be useful:
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How many lease extensions have they completed in Ferryside in the last year?
I own a 1 bedroom flat in Ferryside, conveyancing having been completed 8 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? Comparable properties in Ferryside with over 90 years remaining are worth £186,000. The ground rent is £55 invoiced every year. The lease ceases on 21st October 2077
With only 52 years remaining on your lease the likely cost is going to span between £29,500 and £34,000 plus plus your own and the landlord's "reasonable" professional fees.
The suggested premium range above a general guide to costs for renewing a lease, but we cannot give you the actual costs without more comprehensive investigations. Do not use the figures in a Notice of Claim or as an informal offer. There are no doubt additional issues that need to be taken into account and clearly you want to be as accurate as possible in your negotiations. You should not move forward placing reliance on this information without first getting professional advice.