I purchased a freehold premises in New Beckenham yet invoiced for rent, why is this and what is this?
It’s unusual for properties in New Beckenham and has limited impact for conveyancing in New Beckenham 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 hundreds of years, but the Rent Charge Act 1977 barred the creation 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 in 2037 will be dispensed with completely.
We are planning to purchase with Darlington Building Society. We have called around locally yet am unable to find a New Beckenham conveyancing firm on the Darlington Building Society approved list. Can you assist?
Feel free to take advantage of the find a lender approved solicitor tool on this web page. Please choose the lender and type New Beckenham or your preferred area and you will be presented with numerous solicitors located in New Beckenham or near you.
I just bought a flat at auction in New Beckenham. Conveyancing is needed. What happens now?
Having to all intents and purposes signed on the dotted line you will need to retain a conveyancing lawyer soon as you are facing a pending a fixed date to complete the property. All auction property will ordinarily have a corresponding legal set of papers. This should include evidence of title and search results. If you have purchased leasehold premises the legal papers may contain a copy of the lease, management information and a sellers leasehold information form and associated conveyancing documentation relating to leasehold premises. You must hand this to your appointed conveyancing solicitor ASAP. Do make sure that your finances are organised to complete on the on the contractual date .
Forgive me if this question is silly but I am unexperienced as FTB of a garden flat in New Beckenham. Do I collect the keys to the property on the completion date from my conveyancer? If this is the case, I will instruct a local conveyancing solicitor in New Beckenham?
There is no need to visit the lawyers office on the day of completion. Your solicitors will transfer the completion advance to the seller's lawyers, and once they have received this, you should be able to receive the keys from the Estate Agents and start moving into the property. Usually this happens between 1 and 3pm.
I am currently in the process of buying my council flat in New Beckenham. I have a mortgage offer with Skipton. Conveyancing is new to me. Can I proceed without a solicitor easily? I think we can but we keep being told I should use one. Any advice?
It is not advisable to proceed with a house purchase without a solicitor. The council's solicitor are not acting for you. You need a solicitor for a number reasons. One of which is to verify what plans the Council have for repairs and refurbishment for the next five years. Many leaseholders have been stung for contributions of thousands of pounds. In any event, if you are getting a mortgage with Skipton, you will need to appoint a solicitor on the Skipton conveyancing panel.
It has been 3 months since my purchase conveyancing in New Beckenham took place. I have checked the Land Registry website which shows that I paid £150,000 when infact I paid £170,000. Why the discrepancy?
The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the premises from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.
Just had an offer accepted on a new build apartment in New Beckenham. Conveyancing is a frightening process at the best of times but I have never purchased a new build flat before. What sort of enquires would be asked in new build legal work.
Set out below are examples of a selection of leasehold new build questions that you can expect your new-build leasehold conveyancing in New Beckenham
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The Lease must contain a provision on behalf of the Vendor to pay the service charges in respect of unoccupied units in order to ensure that all services can be provided. If there are lifts in the building, please confirm that the owners of flats on the ground and basement floors will not be required to contribute towards the cost of maintenance and renewal. Will control of the Management Company (if any) be handed over to purchasers on completion of the last sale or earlier? Please confirm the Lease plans are surveyor prepared. Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose?
Am I right to be suspicious by brokers that I am dealing with are recommending a national conveyancing firm rather than a local New Beckenham conveyancing practice?
As is the case with lots of service providers, often input from relatives can be worth their weight in gold. Yet there are numerous people with a keen interest in a conveyancing deal; estate agents, mortgage brokers and mortgage companies may recommend solicitors to instruct. On occasion the lawyers might be known to one of the organisations as being good in their field, but sometimes there might be a financial incentive behind the recommendation. You have the right to choose your preferred lawyer. You need to be aware that most lenders operate an approved list of law firms you must use for the lender related work in your house move.