I purchased a freehold property in Redfield yet pay rent, why is this and what is this?
It is rare for properties in Redfield and has limited impact for conveyancing in Redfield 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 establishment of new rentcharges post 1977.
Previous rentcharges can now be extinguished by making a lump sum payment under the Act. Any rentcharges that are still in existence after 2037 is to be extinguished.
What is the best way to find out if the solicitor conducting my conveyancing in Redfield is on the mortgage lender’sapproved panel? I am looking to avoid the situation of having one lawyer for me and one for Alliance & Leicester thus paying £175.00 in further legal charges.
Feel free to take advantage of the find a lender approved solicitor tool on this web page. Please choose the mortgage company and type ‘Redfield’ or your location and you will discover a number of lawyer offices in Redfield or near you.
About to purchase a new build apartment in Redfield. Conveyancing is necessary evil at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build legal work.
Here are examples of a selection of leasehold new build enquiries that you can expect your new-build leasehold conveyancing in Redfield
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The Vendor must covenant to keep unoccupied units in good repair until long leases are granted therefore. Please supply evidence that the form of Lease proposed has been approved by the Land Registry. The Landlord must covenant to assume the management if the Management Company goes into liquidation or otherwise defaults in running the management scheme. There must be mutual enforceability of lessee’s covenants. Please confirm the Lease plans are architect prepared.
How difficult is it to change firm as I have to retain a firm on the Norwich and Peterborough Building Society conveyancing list. I hired a high street conveyancing solicitor in Redfield five minutes from me but she is not approved by Norwich and Peterborough Building Society
It would be our pleasure to assist you find a conveyancing solicitor in Redfield on the Norwich and Peterborough Building Society panel. Please note that the conveyancers that we list do not pay us commission if you instruct them and are under regulation of the SRA who regulate all conveyancing solicitors in Redfield. In making use of search facility on this site, you can compare and instruct different solicitors and conveyancers both nationally and in Redfield.
My husband and I are first time buyers - had an offer accepted, yet the selling agent has warned us that the vendor will only move forward if we use their recommended solicitors as they need a ‘quick sale’. We would rather use a high street conveyancer used to conveyancing in Redfield
It is improbable the sellers are driving this. If they require ‘a quick sale', alienating a motivated buyer is not the way to achieve this. Bypass the agents and go straight to the sellers and make sure they understand (a)you are keen to buy (b)you are ready to go, with mortgage lined up © you have nothing to sell (d) you intend to proceed fast (e)but you are going to instruct your own,trusted Redfield conveyancing lawyers - not the ones that will earn their estate agent a introducer fee or achieve conveyancing thresholds set by head office.
I am due to review quotes for conveyancing in Redfield from numerous conveyancing practitioner and appoint one. Am I right to get them to hold tight until I a suitable apartment to buy.
We suggest that you wait to ask your lawyer to commence work and apply for searches once the sales confirmation has been sent by the selling agent particularly as Redfield conveyancing searches are a couple of hundred pounds.