I am the registered owner of a freehold residence in Hedon but nevertheless invoiced for rent, why is this and what is this?
It’s unusual for properties in Hedon and has limited impact for conveyancing in Hedon 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 creation of fresh rentcharges from 1977 onwards.
Previous rentcharges can now be extinguished by making a lump sum payment under the Act. Any rentcharges that are still in existence post 2037 will be dispensed with completely.
We're in Hedon, First timers buying with a mortgage (lender is Nationwide , and our lawyer is on the Nationwide conveyancing panel). How long should the conveyancing process take?
The fact that your lawyer is on the Nationwide conveyancing panel is a help. It would almost certainly delay matters if they were not. However, no conveyancing practitioner 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.
Will commercial conveyancing searches reveal proposed roadworks that may impact a commercial estate in Hedon?
Its becoming the norm that commercial conveyancing solicitors in Hedon will order a SiteSolutions Highways report as it dramatically cuts the time that conveyancers invest in looking into accurate data on highways that impact buildings and development assets in Hedon. The search result provides 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 Hedon.
For each commercial conveyancing transaction in Hedon it is crucial to investigate the adoption status of roads surrounding a site. Failure to identify developments where adoption procedures have not been dealt with adequately can result in delays to Hedon commercial conveyancing deals as well as pose a risk to future plans for the site. These searches are not conducted for residential conveyancing in Hedon.
I opted to have a survey carried out on a house in Hedon ahead of appointing solicitors. I have been advised that there is a flying freehold overhang to the property. My surveyor has said that some banks will refuse to grant a mortgage on such a property.
It varies from the lender to lender. Bank of Scotland has different requirements from Birmingham Midshires. Should you wish to telephone us we can check with the appropriate lender. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Hedon. Conveyancing will be smoother if you use a solicitor in Hedon especially if they are acquainted with such properties in Hedon.
I have been sourcing a conveyancing practitioner in Hedon for my sale. Is it possible to see a solicitor's complaints history with the profession’s regulator?
You can find presented Solicitor Regulator Association (SRA) decisions arising from inquisitions started on or after 1 January 2008. Visit Check a solicitor's record. For records about the period before 1 January 2008, or to check a firm's record, ring 0870 606 2555, 08.00 - 18.00 Monday, Wednesday, Thursday, Friday and 09.30 - 18.00 Tuesday. For callers outside the UK, dial +44 (0)121 329 6800. The regulator sometimes recorded call for training purposes.
The property lawyers conducting our conveyancing in Hedon has forwarded papers to review that indicate that the property is unregistered with epitome documents. Surely all properties in Hedon are registered?
It is rare for property in Hedon not to be registered. An 'epitome' is basically a dossier of photocopies of documents affecting an unregistered title. Plenty of Hedon conveyancing practitioners should be able to handle this type of conveyancing but where uncertainty prevails the prevailing proposition these days seems to be for the seller to register it first and subsequently deal with the disposal - this will predictably result in a prolonged home move.