I am the registered owner of a freehold premises in Pontllanfraith but still pay rent, why is this and what is this?
It is rare for properties in Pontllanfraith and has limited impact for conveyancing in Pontllanfraith 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 from 1977 onwards.
Old rentcharges can now be redeemed by making a one off payment under the Act. Any rentcharges that are still in existence post 2037 will be extinguished.
Do commercial conveyancing searches disclose proposed roadworks that could impact a commercial land in Pontllanfraith?
Many commercial conveyancing solicitors in Pontllanfraith will order a SiteSolutions Highways report as it dramatically cuts the time that conveyancers invest in investigating accurate data on highways that impact buildings and development assets in Pontllanfraith. The report provides definitive information on the adoption status of roads, footpaths and verges, as well as the implication of traffic schemes and the rights of way surrounding a commercial development sites in Pontllanfraith.
For every commercial conveyancing transaction in Pontllanfraith it is crucial to investigate the adoption status of roads surrounding a site. The absence of identifying developments where adoption procedures have not been dealt with adequately can result in delays to Pontllanfraith commercial conveyancing transactions as well as pose a risk to future intentions for the site. These searches are not carried out for domestic conveyancing in Pontllanfraith.
Given that I am about to part with over three hundred thousand on a terraced house in Pontllanfraith I would like to talk to a conveyancer regarding thehome move in advance of instructing the firm. Can this be arranged?
We could not agree more - it is our preference to talk to you we do not take any clients on without you liaising with the conveyancer who will be carrying out your conveyancing in Pontllanfraith.There is no ‘factory style conveyancing’ - every client is an important person, not a matter number. The solicitors that we put you in touch with believe that the fees you are provided with for residential conveyancing in Pontllanfraith should be the figure that you are charged.
I need to retain a conveyancing solicitor for leasehold conveyancing in Pontllanfraith. I have chance upon a web site which seems to have the perfect answer If there is a chance to get all the legals completed via email that would be preferable. Should I be wary? What should out be looking out for?
As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?
Due to exchange soon on a ground floor flat in Pontllanfraith. Conveyancing solicitors assured me that they are sending me a report next week. Are there areas in the report that I should be focusing on?
The report on title for your leasehold conveyancing in Pontllanfraith should include some of the following:
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Your lawyers should enable you to have an understanding of the insurance requirements The length of the lease term. You should be advised as what happens when the lease ends, and informed of the importance of the 80 year mark Do you need to have carpet in the flat or are you allowed wood flooring? Responsibility for maintaining the window frames specifics of the parties to the lease, for example these could be the tennant, head lessor, landlord
Pontllanfraith Leasehold Conveyancing - Examples of Queries before Purchasing
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Make sure you enquire if there are any onerous restrictions in the lease. For example plenty of leases prohibit pets being permitted in certain buildings in Pontllanfraith. If you like the flatin Pontllanfraith but your cat can’t make the move with you then you will be presented with a difficult decision. Are any of leasehold owners in dispute over their service charge payments? Who is in charge of the building?
Estate agents have just been given the go-ahead to market my basement flat in Pontllanfraith.Conveyancing has not commenced however I have just received a half-yearly service charge demand – should I leave it to the buyer to sort out?
Your conveyancing lawyer is likely to suggest that you should pay the invoice as normal given that all ground rent and service invoices will be allottedon completion, so you will be reimbursed by the purchaser for the period running from after the completion date to the subsequent invoice date. Most managing agents will not acknowledge the buyer until the service charges have been paid and are up to date so it is important for both buyer and seller for the seller to show that they are up to date. Having a clear account will assist your cause and will leave you no worse off financially