I am the registered owner of a freehold house in Radcliffe yet charged rent, why is this and what is this?
It’s unusual for properties in Radcliffe and has limited impact for conveyancing in Radcliffe 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.
Previous rentcharges can now be extinguished by making a one off payment under the Act. Any rentcharges that are still in existence in 2037 will be dispensed with completely.
My wife and I are purchasing a property in Radcliffe. It might be a silly question but how we can trust a solicitor? At some point we will need to send money into their account. What protection do we have from them run away with our deposit?
Be assured that all money in a Solicitors client account is 100% safe, and even if your Solicitor ran off with it, the Law Society would reimburse you fully.
I have been told by my conveyancer that absentee landlord insurance is necessary on my purchase. What is the level of cover for Radcliffe conveyancing?
The appropriate level of absentee landlord indemnity insurance should be dictated by who who your lender is. It would differ for example between Santander and Skipton Building Society. Conveyancing practitioners as opposed to borrowers take out such policies.
I have instructed a Radcliffe lawyer having made sure that they are on the Principality conveyancing panel. Does my lawyer arrange the survey of the property?
Principality will need an independent valuation of the property. Your lawyer will not arrange this. Usually Principality will appoint their own surveyor to do this, and you will have to pay for it. Remember that this is a valuation for mortgage purposes and not a survey. You may wish to consider appointing your own Radcliffe surveyor to carry out a survey or prepare a home buyers report on the property. It is up to you to satisfy yourself that the property is structurally sound before you buy it. If the survey or report reveals that building work is needed, you should tell your solicitor. You may wish to renegotiate with the seller.
I need some fast conveyancing in Radcliffe as I have an ultimatum to exchange contracts inside one month. Thankfully I do not require a mortgage. Is it possible to avoid the conveyancing searches to save money and time?
As you are not obtaining a mortgage you are at liberty not to have searches conducted although no conveyancer would recommend that you don't. With lots of history conveyancing in Radcliffe the following are examples of issues that can be revealed and adversely impact market value: Refused Planning Applications, Outstanding Charges, Outstanding Grants, Unadopted Roads,...
I used Wolstenholmes several years past for my conveyancing in Radcliffe. I now require my papers but the law firm is no longer operating. What do I do?
Do call the Solicitors Regulatory Authority (SRA) to help locate your conveyancing files. They can be contacted on please contact on 0870 606 2555. Alternatively, you should use their online form to make an enquiry. You will need to provide the SRA with as much information as possible to assist their search, including the name and address in Radcliffe of the conveyancing firm of solicitors you previously used, the name of conveyancing solicitor with whom you had dealings, and the date on which you last had dealings with the firm.
I decided to have a survey done on a house in Radcliffe ahead of appointing lawyers. I have been told that there is a flying freehold element to the house. The surveyor advised that some mortgage companies tend not give a loan on this type of property.
It varies from the lender to lender. Bank of Scotland has different requirements for example to Birmingham Midshires. Should you wish to telephone us we can look into this further via the appropriate lender. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Radcliffe. Conveyancing will be smoother if you use a solicitor in Radcliffe especially if they are accustomed to such properties in Radcliffe.
Hoping to buy a property located in Radcliffe and I am already nervous. I couldn't find anything specific about Radcliffe. Conveyancing will be needed in due course but do you know about the Radcliffe area? or perhaps some other tips you can share?
Rather than looking online forget looking online you should go and have a look at Radcliffe. In the meantime here are some basic statistics that we found