I purchased a freehold premises in Longford yet charged rent, why is this and what is this?
It is rare for properties in Longford and has limited impact for conveyancing in Longford 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 establishment of fresh rentcharges from 1977 onwards.
Old rentcharges can now be redeemed by making a lump sum payment under the Act. Any rentcharges that are still in existence after 2037 will be extinguished.
I am helping my step-mother sell her flat in Longford. Will the solicitor commission the EPC or it is for the seller to see to?
After the abolition of HIPs, EPC’s was retained a mandatory part of moving property. An energy performance certificate should be commissioned in advance of the property being advertised. This is not as aspect of the sale process that lawyers ordinarily organise. If you are using a Longford conveyancing solicitor they may be able to arrange EPC’s given their relationships with reputable local assessors
Forgive me if this question is silly but I am unexperienced as a 1st time purchaser of a garden flat in Longford. Do I pick up the keys to the premises on completion from my conveyancer? If so, I will appoint a High Street conveyancing solicitor in Longford?
There is no need to visit the lawyers office on the day of completion. Your solicitors will transfer the purchase money to the seller's solicitors, and once they have received this, you should be called to collect the keys from the selling Agents and start moving into the property. This tends to happen between 1 and 3pm.
We had appointed conveyancing lawyers locally in Longford on the RBS solicitor panel. They have just billed me a separate amount for handling the RBS mortgage. Is this a supplemental conveyancing fee specified by RBS?
Provided it is contained in their Terms and Conditions or estimate then yes your lawyer is entitled to charge a fee for this. This charge is not dictated by RBS but by your Longford conveyancer. Numerous firms on the RBS panel will quote ’dealing with mortgage’ fee and others do not.
Is it necessary to take out insurance to cover chancel repairs when acquiring a residence in Longford?
Unless a prior purchase of the property completed post 12 October 2013 you could expect lawyers carrying out conveyancing in Longford to remain encouraging a chancel search and or insurance against a claim.
How does conveyancing in Longford differ for newly converted properties?
Most buyers of new build premises in Longford contact us having been asked by the developer to sign contracts and commit to the purchase even before the house is ready to move into. This is because house builders in Longford usually purchase the real estate, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct conveyancing solicitors as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are used to new build conveyancing in Longford or who has acted in the same development.
I've recently found out that there is a flying freehold issue on a house I have offered on last month in what should have been a straight forward, chain free conveyancing. Longford is the location of the property. Can you shed any light on this issue?
Flying freeholds in Longford are not the norm but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Longford you would need to get your solicitor to go through the deeds thoroughly. Your lender may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Longford may determine that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold residence.
As co-executor for the estate of my grandfather I am disposing of a property in Neath but I am based in Longford. My solicitor (who is 250 kilometers from mehas requested that I execute a statutory declaration prior to completion. Could you suggest a conveyancing practitioner in Longford who can witness this legal document for me?
Technically speaking you are not likely to be required to have the documents witnessed by a conveyancing solicitor. Ordinarily or notary public or qualified solicitor will be fine regardless of whether they are based in Longford