I purchased a freehold property in Glastonbury but nevertheless charged rent, why is this and what is this?
It is rare for properties in Glastonbury and has limited impact for conveyancing in Glastonbury 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 hundreds of years, but the Rent Charge Act 1977 barred the establishment of new rentcharges from 1977 onwards.
Previous rentcharges can now be extinguished by making a one off payment under the Act. Any rentcharges that are still in existence post 2037 will be dispensed with completely.
My uncle advised me that in buying a property in Glastonbury there may be a number of restrictions prohibiting external changes to a property. Is this right?
There are a number of properties in Glastonbury which have some sort of restriction or requirement of consent to perform external variations. Part of the conveyancing in Glastonbury should determine what restrictions are applicable and advising you as part of a ROT that should be sent to you.
When it comes to lenders such as Lloyds, do Glastonbury solicitors incur an annual charge to be on the conveyancing panel?
We are not aware of any bank fees to register on their panel, although some do levy an administration fee to deal with the processing of the conveyancing panel submission.
My husband and I have arranged a further advance on our mortgage from Barclays as we intend to conduct alterations to our house in Glastonbury. Do we need to appoint a high street Glastonbury solicitor on the Barclays conveyancing panel to handle the paperwork?
Barclays would not normally require a member of their approved list of lawyers to handle the formalities. If they do require any legal work then you would need to ensure that such a lawyer was on the Barclays panel.
I appreciate that there are debates on Chancel Insurance on online forums. Do I need chancel insurance when acquiring a house in Glastonbury? or I am told that there is historic law that could mean that owners of property residing in a parish church boundary will be compelled to pay for maintenance towards the chancel within the church. Is this suitable for conveyancing in Glastonbury?
Unless a previous purchase of the house took place post 12 October 2013 you could assume that lawyers carrying out conveyancing in Glastonbury to continue to recommend a chancel search and or insurance against a claim.
I opted to have a survey completed on a house in Glastonbury prior to retaining solicitors. I have been told that there is a flying freehold overhang to the house. My surveyor advised that some lenders will not give a mortgage on this type of house.
It depends who your proposed lender is. HSBC has different requirements from Birmingham Midshires. Should you wish to telephone us we can check with the relevant mortgage company. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Glastonbury. Conveyancing will be smoother if you use a solicitor in Glastonbury especially if they are acquainted with such properties in Glastonbury.
As co-executor for the will of my father I am selling a residence in Cardiff but I am based in Glastonbury. My solicitor (based 300 kilometers from meneeds me to execute a stat dec prior to the transaction finalising. Could you suggest a conveyancing practitioner in Glastonbury who can witness this legal document for me?
Technically speaking you should not be required to have the documents attested by a conveyancing solicitor. Ordinarily any notary public or solicitor will do regardless of whether they are Glastonbury based
What type of premises does your Glastonbury conveyancing estimates relate to?
Our conveyancing quotes are only relevant to standard domestic property in England & Wales. Where you have any different requirements for instance industrial or agricultural property or commercial conveyancing in Glastonbury please telephone us to address this further .