I am the registered owner of a freehold premises in Lees and Moorside but nevertheless invoiced for rent, why is this and what is this?
It’s unusual for properties in Lees and Moorside and has limited impact for conveyancing in Lees and Moorside 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 fresh rentcharges post 1977.
Previous rentcharges can now be redeemed by making a lump sum payment under the Act. Any rentcharges that are still in existence after 2037 is to be dispensed with completely.
About to place a bid on a leasehold apartment in Lees and Moorside. The selling agents say that it is normal for flats in Lees and Moorside to have less than 75 years left on the lease. I am taking out a loan with Virgin. Is this going to be a problem if the lease has 69 years left.
Most leasehold conveyancing experts should be able to deal with a lease extension. if you are getting a mortgage then your lender may insist that the lease be extended before competition. Virgin have specific requirements as set out in the UK Finance Lenders’ Handbook in relation to minimum unexpired lease terms. As of 6/11/2025 the requirements read as follows :
Is it the case that all Lees and Moorside solicitor practices on the Virgin Money conveyancing panel are regulated by the SRA?
As a firm of solicitors, in order to be on the Virgin Money conveyancing panel they would need to be regulated by the Solicitors Regulatory Authority. The majority of banks do permit licenced conveyancers on their panel in which case such organisation would be governed by the CLC.
We had selected solicitors based in Lees and Moorside on the Nottingham solicitor panel. They are now charging me a supplemental fee for the legal aspects of the Nottingham mortgage. Is this an additional conveyancing fee set by Nottingham?
Unfortunately, so long as it is in their Terms of Engagement or Quote then yes your solicitor is entitled to levy a fee for this. The charge is not dictated by Nottingham but by your Lees and Moorside solicitor. Plenty of firms on the Nottingham panel will levy ’dealing with mortgage’ fee but plenty of practices incorporate it on their overall fee.
My husband and I are spending time viewing flats in Lees and Moorside and I am about to put in an offer. Should I already have a lawyer in place at this point? I will be getting a mortgage with RBS.
It would be sensible to commence your search sooner rather than later. After you have chosen your lawyer and once your offer is accepted you can instruct them to work for you and forward their details on to the estate agent. As you are getting a mortgage with RBS, make sure you remember to check that your lawyer is on the RBS conveyancing panel.
My wife and I are selling our home in Lees and Moorside and according to the buyers it appears that there is a risk of it being built on contaminated land. A local conveyancer would know that there is no such problem. For the life of me I don't know why the purchasers used an online conveyancing outfit as opposed to a conveyancing solicitor in Lees and Moorside. We have lived in Lees and Moorside for 4 years we know that this is a non issue. Should we get in touch with our local Authority to get confirmation that the buyers are looking for.
It would appear that you have a conveyancing lawyer currently acting for you. Are they able to advise? You must check with your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out life insurance to cover that same sickness)
Over the last few months I have been searching for a leasehold apartment up to £305k and found one round the corner in Lees and Moorside I like with amenity areas and station nearby, the downside is that it's only got 51 years unexpired on the lease. I can't really find anything else in Lees and Moorside for this price, so just wondered if I would be making a grave error acquiring a lease with such few years left?
Should you require a mortgage that many years will likely be an issue. Reduce the price by the expected lease extension will cost if not already taken into account. If the existing proprietor has owned the premises for a minimum of twenty four months you can request that they commence the lease extension formalities and pass it to you. An additional ninety years can be extended on to the current lease with a zero ground rent applied. You should consult your conveyancing lawyer concerning this.
In scouring the world wide web for the phrase on line conveyancing in Lees and Moorside it reveals numerous property lawyersin the area. With so much choice what is the best way to find the right conveyancer for me?
The ideal way of choosing a suitable conveyancer is via personal recommendation, so seek the opinion of colleagues and those you trust who have purchased a property in Lees and Moorside or a respected estate agent or mortgage broker. Fees for conveyancing in Lees and Moorside vary, so it's advisable to obtain at least four estimates from varying types of solicitors. Be sure to obtain confirmation that the costs are guaranteed not to increase.