I require conveyancing for an apartment in a relatively new development (five years old) in Redditch. The vast majority the flats are already occupied. Is it really necessary to order neighbourhood searches for my conveyancing in Redditch?
A big part of the Redditch conveyancing process is the conveyancing searches. There are hundreds search providers delivering Redditch conveyancing searches, as well straight from the local authority. These are known collectively as personal search organisation and they produce, not surprisingly, personal searches. Nevertheless, all Local Authority Search conveyancing products have one thing in common - they must secure their data from the local authoritative source.
I am the registered owner of a freehold residence in Redditch yet pay rent, why is this and what is this?
It is rare for properties in Redditch and has limited impact for conveyancing in Redditch 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 hundreds of years, but the Rent Charge Act 1977 barred the generation 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 after 2037 will be extinguished.
I note that there are debates on Chancel Insurance on online forums. Do I require this when purchasing a house in Redditch? or I am told that there is a law dating back centuries that could mean that homeowners living in a parish church boundary may be liable to contribute towards maintenance towards the chancel in proximity to the church. Is this applicable for conveyancing in Redditch?
Unless a prior acquisition of the property took place after 12 October 2013 you could expect conveyancing practitioners handling conveyancing in Redditch to remain encouraging a chancel search and or insurance against a claim.
Due to the encouragement of my in-laws I had a survey completed on a house in Redditch before instructing lawyers. I have been advised that there is a flying freehold overhang to the house. The surveyor advised that some banks may refuse to issue a loan on a flying freehold house.
It depends who your proposed lender is. Lloyds has different requirements from Halifax. If you contact us we can look into this further via the appropriate bank. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Redditch. Conveyancing will be smoother if you use a solicitor in Redditch especially if they regularly deal with such properties in Redditch.
I need to find a conveyancing solicitor for remortgage conveyancing in Redditch. I have land on a web site which looks to be the ideal offering If there is a chance to get all the legals done via phone that would be ideal. 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?
I only have Seventy years unexpired on my lease in Redditch. I now wish to extend my lease but my freeholder is can not be found. What are my options?
If you qualify, under the Leasehold Reform, Housing and Urban Development Act 1993 you can apply to the County Court for an order to dispense with the service of the initial notice. This will mean that your lease can be granted an extra 90 years by the magistrate. However, you will be required to prove that you have done all that could be expected to locate the freeholder. For most situations a specialist should be helpful to conduct investigations and to produce an expert document which can be accepted by the court as evidence that the landlord is indeed missing. It is advisable to get professional help from a property lawyer in relation to proving the landlord’s disappearance and the application to the County Court overseeing Redditch.
Redditch Conveyancing for Leasehold Flats - Examples of Queries Prior to buying
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Is the freehold owned collectively by the tenants? Please note if it is less than 80 years it will have adverse implications on the marketability of the flat. Check with your bank that they are content with residual term of the lease. A short lease means that you will most likely require a lease extension sooner rather than later and you need to have some idea of how much this would cost. Remember, in most cases you will be be obliged to have been the owner of the property for a couple of years in order to be eligible to carry out a lease extension. Who manages the block?