I purchased a freehold residence in Hulme but still invoiced for rent, why is this and what is this?
It’s unusual for properties in Hulme and has limited impact for conveyancing in Hulme 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 creation of new rentcharges post 1977.
Old rentcharges can now be extinguished by making a one off payment under the Act. Any rentcharges that are still in existence in 2037 is to be extinguished.
The deeds to our home can not be found. The solicitors who handled the conveyancing in Hulme 4 years ago have long since closed. Will I be able to sell the house?
Gone are the days when you need to hold title original deeds to evidence that you are the registered proprietor of land or property, given that the Land Registry have everything they need in a digital format.
I am purchasing a new build house in Hulme benefiting from help to buy. The sellers refused to budge the price so I negotiated £7000 of extras instead. The property agent advised me not disclose to my lawyer about this deal as it would adversely affect my mortgage with the bank. Do I keep my lawyer in the dark?.
All lenders require a Disclosure of Incentives Form from the developer of any new build, converted or renovated property, It is available online from the Lenders’ Handbook page on the CML website. CML form is completed and handed to the lender's surveyor when the inspection is done.
Lenders have different policies on incentives. Some accept none at all, cash or physical, while others will accept cash incentives up to 5%.
Hard to understand why the representative of a builder would be suggesting you withold information from a solicitor when all this will be clearly visible on forms the builder has to supply to its solicitor, the buyer's solicitor and the surveyor.
What does commercial conveyancing in Hulme cover?
Hulme conveyancing for business premises incorporates a wide array of services, provided by regulated solicitors, relating to business property. By way of example, this area of conveyancing can cover the sale or purchase of freehold business premises or, more commonly, the assignment of existing business tenancies or the drafting of new leasing arrangements. Commercial conveyancing solicitors can also offer advice on the sale of business assets, commercial mortgages and the termination of tenancies.
We're first time buyers - had an offer accepted, but the estate agent advised that the seller will only issue a contract if we use their chosen solicitors as they are insisting on a ‘quick sale’. My instinct tells me that we should use a local solicitor with experience of conveyancing in Hulme
We suspect that the seller is unaware of this demand. Should the seller require ‘a quick sale', taking such a hostile approach to a motivated buyer is going to damage their objectives. Bypass the agents and go straight to the owners and make sure they comprehend that (a)you are genuine buyers (b)you are ready to progress, with finances arranged © you do not need to sell (d) you intend to proceed fast (e)but you will continue to use your own,trusted Hulme conveyancing solicitors - as opposed tothe ones that will earn their estate agent a kickback or meet his conveyancing thresholds pre-set by HQ.
Me and my wife are purchasing a leasehold apartment in Hulme. Conveyancing quotes are coming in at around £two thousand. Does that seem right?
The average cost last year for conveyancing in Hulme was £1,395 excluding Stamp Duty and Land Registry fees.