I purchased a freehold residence in Nuthall but nevertheless invoiced for rent, why is this and what is this?
It’s unusual for properties in Nuthall and has limited impact for conveyancing in Nuthall 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 many centuries, but the Rent Charge Act 1977 barred the establishment 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 in 2037 will be dispensed with completely.
We are planning to buy with Melton Mowbray Building Society. We have called around locally but am struggling to find a Nuthall conveyancing firm on the Melton Mowbray Building Society approved list. Please you help?
Feel free to make the most of the search tool on this site. Please choose the mortgage company and type Nuthall or your preferred area and you will discover numerous solicitors based in Nuthall or by proximity to you.
My conveyancer has informed me that lack of planning permission insurance is necessary on my purchase. What is the level of cover for Nuthall conveyancing?
The appropriate level of lack of planning permission indemnity insurance should be dictated by who who your lender is. It would differ for example between National Westminster Bank and The Royal Bank of Scotland. Conveyancing lawyers as opposed to borrowers take out such insurances.
I have today made my last payment due on my mortgage with Nottingham. I assume I don't need a Nuthall solicitor on the Nottingham panel to discharge the mortgage at the Land Registry. Please confirm.
If you have finished paying off your Nottingham mortgage, they may send you evidence showing that you have paid it off. Alternatively they may notify the Land Registry directly. The Land Registry need to see this evidence before they will remove the Nottingham mortgage from the register. Nottingham, and any evidence they send you, will determine the action you need to take. In cases where no conveyancer is acting for you and you have paid off your mortgage:
- but are not moving to another property
- where Nottingham has sent the Land Registry the discharge electronically, and
- Nottingham has instructed the Land Registry to do so
Our sealed bid on a property in Nuthall has been accepted, the vendors do nevertheless have a tied purchase. The sellers have offered on a property, however it’s not been accepted yet, and have viewings of other apartments in the pipeline. I have instructed a high street conveyancing solicitor in Nuthall. What should be my next step? At what point do I apply for the mortgage with Nationwide?
It is normal to have anxieties where there is a chain as you are unlikely to want to incur expenses too early (home loan application is in the region of £1k, then valuation, Nuthall conveyancing search charges, etc). First, you must ensure that your solicitor is on the Nationwide conveyancing panel. Concerning the subsequent steps this very much depends on the specifics of your transaction, desire for the property and on the state of the market. During a hot market the majority of purchasers would apply for the mortgage with Nationwide and arrange for the valuation and only if it was satisfactory would they request their property lawyer to proceed with searches.
Is it necessary to pay for insurance to cover chancel repairs when purchasing a property in Nuthall?
Unless a previous acquisition of the premises took place post 12 October 2013 you can take it that lawyers carrying out conveyancing in Nuthall to remain recommending a chancel search and or insurance against a claim.
How does the Landlord & Tenant Act 1954 affect my business property in Nuthall and how can your lawyers assist?
The 1954 Act provides security of tenure to business leaseholders, granting the dueness to make a request to court for a new tenancy and continue in occupation when the lease comes to an end. There are limited grounds where a landlord can refuse a lease renewal and the rules are complex. We are happy to direct you to commercial conveyancing firms who use the act to your advantage and assist with commercial conveyancing in Nuthall
We are a couple of weeks into a freehold purchase having been directed to conveyancers by the local agent to do our conveyancing in Nuthall. I am not happy. Could you help me find new conveyancers?
They would need to be very poor in order to consider diss instructing them. Has your mortgage been issued? In the event that it has you need to inform them of the new contact details and get the offer are re-issued. Your new conveyancer needs to be on the lenders approved list to avoid added fees and complications. So that should be your starting point. Our search tool can assist you in finding a bank approved lawyer for your conveyancing in Nuthall