I am the registered owner of a freehold property in Gateshead yet pay rent, why is this and what is this?
It is rare for properties in Gateshead and has limited impact for conveyancing in Gateshead 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 establishment of new rentcharges post 1977.
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 extinguished.
My friend advised me that where I am purchasing in Gateshead I should carry out a Neighbourhood, Planning and Local Amenity Search. Can you explain what the purpose of this search is?
This is a search is occasionally quoted for as part of the standard Gateshead conveyancing searches. It is not a small report of about 40 pages, listing and setting out significant information about Gateshead around the property and the people living there. It includes an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the local Housing Market, Council Tax Banding, the type of People living in the area, the dominant type of Housing, the Average Property Price, Crime details, Local Education with plans and statistics, Local Amenities and other useful data regarding Gateshead.
Just bought a terraced house in Gateshead , What is the estimated time for the Land Registry to record my ownership? My Gateshead conveyancing solicitor works at snail pace, so I want to be certain the registration is concluded.
As far as conveyancing in Gateshead is concerned, registration is no faster or slower than the rest of England and Wales. Rather than based on location, timeframes can vary depending on the party submitting the application, whether it is in order and if the Land registry must send notices to any other parties. Currently approximately three quarters of submission are fully addressed within two weeks but occasionally there can be extensive hold-ups. Registration is effected once the purchaser has moved in to the premises thus 'speed' is not usually an essential issue but if it is urgent that the the registration takes place urgently then you or your conveyancer could communicate with the Registry to express the reasoning for an expedited registration.
The estate agent has sent us the confirmation of our purchase of a new build flat in Gateshead. 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 conveyancing.
Set out below are examples of a selection of leasehold new build questions that you should expect your new-build leasehold conveyancing in Gateshead
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Please provide evidence that the form of Lease proposed has been approved by the Land Registry. Please confirm the Lease plans are architect prepared. There must be mutual enforceability of lessee’s covenants. Forfeiture - bankruptcy or liquidation must not apply under this provision. Investor purchasers must be able to freely grant unsecured tenancies at market rents without requiring any consents.
Is it possible to switch conveyancer as I have to retain a firm on the National Westminster Bank conveyancing panel. I instructed a high street conveyancing solicitor in Gateshead round the corner but the firm is not approved by National Westminster Bank
We will our best to assist in finding you a conveyancing solicitor in Gateshead on the National Westminster Bank panel. Please note that the law firms that we work with do not pay us commission if you instruct them and are regulated by the Solicitors Regulation Authority who oversee all conveyancing solicitors in Gateshead. Using search facility on this page, you can scrutinise fees for conveyancing solicitors in Gateshead and throughout England and Wales.
A couple of weeks ago I was advised by my mortgage company that their panel conveyancers work on no sale no charge basis for conveyancing in Gateshead. My purchase fell through and now the solicitors have invoiced for search fees! They are claiming that the fees are seperate!
By offering "no move no fee" Gateshead conveyancing practices are writing off their fees for any work conducted. We must stress this does not constitute an insurance scheme. Disbursements aren’t covered – where the conveyancer have to pay money out to independent parties, for example Gateshead local search fees