I own a freehold residence in Pendlebury but nevertheless pay rent, why is this and what is this?
It’s unusual for properties in Pendlebury and has limited impact for conveyancing in Pendlebury 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 generation of fresh rentcharges post 1977.
Old rentcharges can now be redeemed by making a one off payment under the Act. Any rentcharges that are still in existence after 2037 will be extinguished.
I have been referred to a conveyancing solicitor in Pendlebury. I need to find out if they are on the Barclays Direct approved list of lawyers. Can you assist?
The first thing to do is call your conveyancer and enquire if they can act for the bank. Alternatively you should call Barclays Direct who may be able to assist.
A colleague advised me that in buying a property in Pendlebury there could be a number of restrictions affecting the ability to carry out external alterations to a property. Is this right?
There are anumerous of properties in Pendlebury which have some sort of restriction or requirement of consent to execute external alterations. Part of the conveyancing in Pendlebury should determine what restrictions are applicable and advising you as part of a ROT that should be sent to you.
We have a mortgage agreed in principle with Skipton. Pendlebury conveyancing solicitors have been selected. How long does it take for Skipton to send the offer to the lawyer?
There is no definitive answer here. Have Skipton conducted the survey? Have you advised Skipton as to your lawyers' details and checked that your lawyers are on the Skipton conveyancing panel? Sometimes it can take as long as six weeks for a mortgage offer to be issued.
We have agreed to purchase a house in Pendlebury. A rare aspect is that the roof has a solar panel. Solicitors conducting should look into this right? Will my lender Skipton be concerned?
Given that you are obtaining a mortgage with Skipton your lawyer must follow the formal requirements outlined in Section two of UK Finance Lenders’ Handbook for Skipton. The Council of Mortgage Lenders’ Handbook sets out minimum provisions for solar panel roof-space leases, and lawyers are required to report to Skipton where a lease does not comply with these conditions. The specifications relate to the installation of panels on properties countrywide and is not isolated to Pendlebury.
The estate agent has sent us the confirmation of our purchase of a new build apartment in Pendlebury. Conveyancing is necessary evil 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.
Here are examples of a selection of leasehold new build enquiries that you should expect your new-build leasehold conveyancing in Pendlebury
-
The Landlord must covenant to assume the management if the Management Company goes into liquidation or otherwise defaults in running the management scheme. 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. Where there is an Undertaking being granted there is the risk of forfeiture of the Headlease subject to relief if one or more of the Underlessees are willing to accept the original Head Lessee’s obligations as otherwise relief will be denied to the Underlessees. The only alternatives are the Head Lessor agreeing not to forfeit the Headlease or the Head Lessee guaranteeing to the Underlessees that it will not be in breach of the Headlease. Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company?
My husband and I are 14 days into a leasehold purchase having been directed to conveyancers by the estate agent to perform conveyancing in Pendlebury. I am am extremely dissatisfied with the quality of service. Can you help me find new conveyancers?
They would need to be very poor to suggest diss instructing them. Has the mortgage offer been issued? In the event that it has you must inform them of the new contact details and ensure the mortgage documents are issued to the new lawyers. Your conveyancer needs to be on the lenders approved list to avoid escalating charges and delays. That should be your first question of the new solicitors. Our search tool should help you find a bank approved solicitor for your conveyancing in Pendlebury
Are the Pendlebury conveyancing lawyers identified as being on the bank conveyancing panel, together with their details provided by the lender?
Pendlebury firms and firms conducting conveyancing in Pendlebury themselves provide us confirmation that they are on the bank conveyancing panel as opposed to being supplied with a list from the mortgage company directly.