I own a freehold residence in Pontypridd but nevertheless invoiced for rent, why is this and what is this?
It is rare for properties in Pontypridd and has limited impact for conveyancing in Pontypridd 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 generation of new rentcharges post 1977.
Previous rentcharges can now be extinguished by making a one off payment under the Act. Any rentcharges that are still in existence in 2037 is to be extinguished.
I am downsizing from our house in Pontypridd and the buyers lawyers are claiming that there is a possibility that the property was constructed on contaminated land. A local lawyer would know this is not the case. It does beg the question why the purchasers instructed a web based conveyancing firm as opposed to a conveyancing solicitor in Pontypridd. Having lived in Pontypridd for six years we know that this is a non issue. Is it a good idea to get in touch with our local Authority to seek clarification that the buyers are looking for.
It would appear that you have a conveyancing solicitor already. What do they say? You should check with your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out life insurance to cover that same sickness)
Despite weeks of looking the Title Certificate and documents to my house can not be found. The conveyancers who conducted the conveyancing in Pontypridd 5 years ago have long since closed. What do I do?
As long as the title is registered the details of your ownership will be evidenced by the Land Registry under a Title Number. It is possible to conduct a search at the Land Registry, find your house and secure current copies of the property title for a small fee. Where the title is Leasehold then the Land Registry will usually hold a certified duplicate of the Registered Lease and again, a copy can be obtained for a small fee.
I'm purchasing a new build house in Pontypridd benefiting from help to buy. The builders would not budge the price so I negotiated 6k of additionals instead. The property agent suggested that I not reveal to my conveyancer about this extras as it will adversely affect my mortgage with the lender. Is this normal?.
All lenders require a Disclosure of Incentives Form from the developer of any new build, converted or renovated property, It is available online from the Lenders’ Handbook page on the UK Finance website. UK Finance form is completed and handed to the lender's surveyor when the inspection is done.
Lenders have different policies on incentives. Some accept none at all, cash or physical, while others will accept cash incentives up to 5%.
Hard to understand why the representative of a builder would be suggesting you withold information from a solicitor when all this will be clearly visible on forms the builder has to supply to its solicitor, the buyer's solicitor and the surveyor.
Due to the guidance of my in-laws I had a survey completed on a property in Pontypridd ahead of appointing lawyers. I have been informed that there is a flying freehold overhang to the property. My surveyor has said that some lenders tend not issue a mortgage on a flying freehold property.
It varies from the lender to lender. Santander has different requirements from Nationwide. Should you wish to telephone us we can look into this further via the relevant lender. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Pontypridd. Conveyancing may be slightly more expensive based on your lender's requirements.
What type of property do your Pontypridd conveyancing quotes relate to?
The quotes provided are only appropriate to standard residential property in England & Wales. If you have any different requirements for example industrial or agricultural property or commercial conveyancing in Pontypridd you should telephone us to consider your requirements .