I purchased a freehold premises in Heaviley and Offerton but still pay rent, why is this and what is this?
It is rare for properties in Heaviley and Offerton and has limited impact for conveyancing in Heaviley and Offerton 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 generation of fresh rentcharges post 1977.
Old rentcharges can now be redeemed by making a lump sum payment under the Act. Any rentcharges that are still in existence post 2037 is to be extinguished.
We're in Heaviley and Offerton, FTBs buying with a mortgage (lender is Principality , and our solicitor is on the Principality conveyancing panel). How long should the conveyancing process take?
The fact that your lawyer is on the Principality conveyancing panel is a help. It would almost certainly delay matters if they were not. However, no property lawyer should guarantee a timeframe for your conveyancing, due to third parties outside of your control such as delays caused by lenders,conveyancing search providers or by the other side’s solicitors. The time taken is often determined by the number of parties in a chain.
I understand that there are debates on Chancel Insurance on online forums. Am I compelled to take this when acquiring a property in Heaviley and Offerton? or I am told that there is historic law that means some house owners residing in a parish church boundary will be compelled to pay for repairs to the chancel in proximity to the church. Is this appropriate for conveyancing in Heaviley and Offerton?
Unless a prior acquisition of the house took place post 12 October 2013 you can expect solicitors delivering conveyancing in Heaviley and Offerton to remain encouraging a chancel search and or chancel repair liability insurance.
Are there restrictive covenants that are commonly picked up as part of conveyancing in Heaviley and Offerton?
Covenants that are restrictive in nature can be picked up when reviewing land registry title as part of the legal transfer of property in Heaviley and Offerton. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’
I am a sole trader looking to take over a lease of a shop on a shopping parade. Can you recommend conveyancers offering fixed costs for non-domestic conveyancing in Heaviley and Offerton for under £2000?
We are happy to recommend firms who host a wealth of experience of commercial conveyancing in Heaviley and Offerton, including the disposal and purchase of businesses as well as simply property. Whether you are looking to purchase or dispose of a shop, pub, restaurant, office, retail premises or a whole business we can put you in touch with the right solicitor. Regarding the charges this will depend on the structure and nuances of the proposed transaction. Please provide us with your contact information or phone so as to enable us to supply you with a fixed commercial conveyancing quote.
I need to instruct a conveyancing solicitor for purchase conveyancing in Heaviley and Offerton. I happened to land on a site which looks to be the perfect offering If there is a chance to get all this stuff done via email that would be preferable. Should I be concerned? What should out be looking out for?
As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?