I own a freehold residence in Riddlesdown but nevertheless invoiced for rent, why is this and what is this?
It’s unusual for properties in Riddlesdown and has limited impact for conveyancing in Riddlesdown 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 creation of new rentcharges from 1977 onwards.
Previous rentcharges can now be redeemed by making a one off payment under the Act. Any rentcharges that are still in existence in 2037 will be extinguished.
I am looking to buy a house and need a conveyancing solicitor in Riddlesdown who is on the The Royal Bank of Scotland approved. Can you recommend a local firm?
Our service is limited to being a directory service for firms who wish to listed as being on the approved conveyancing panel for The Royal Bank of Scotland in certain locations such as Riddlesdown. We dont recommend any particular firm.
Have purchased a a detached house in Riddlesdown , how long will it take for the Land Registry to deal with the formalities evidencing the transfer to my name? My Riddlesdown conveyancing solicitor has been very slow, so I want to check that my purchase is recorded.
As far as conveyancing in Riddlesdown is concerned, registration is no faster or slower than the rest of the country. As opposed to being determined by geographic area, timescales can adjust subject to the party submitting the application, whether it is in order and if the Land registry must send notices to any other persons or bodies. At present roughly 80% of submission are completed within two weeks but occasionally there can be protracted hold-ups. Historically registration is effected once the buyer is living at the property so registration formalities is not usually primary concern but where it is urgent that the the registration takes place urgently then you or your lawyers should communicate with the Registry to express the reasoning for an expedited registration.
The estate agent has sent us the confirmation of our purchase of a new build flat in Riddlesdown. Conveyancing is daunting 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.
Set out below is a sample of a selection of leasehold new build questions that you may expect your new-build leasehold conveyancing in Riddlesdown
-
Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose? Investor purchasers must be able to freely grant unsecured tenancies at market rents without requiring any consents. Where service of notices and proceedings can be at the property demised please confirm that this can be amended to include simultaneous services at the Lessees’ solicitors’ offices where the Lessee from time to time is not resident in the UK - such solicitors may be varied by notice in writing to the Landlord from time to time but otherwise will be as previously specified. The Landlord must covenant to assume the management if the Management Company goes into liquidation or otherwise defaults in running the management scheme.
My husband and I are a fortnight into a leasehold purchase having been directed to solicitors by the local agent to handle our conveyancing in Riddlesdown. I am am very dissatisfied with the level of service. Can you help me find new conveyancers?
A lawyer would need to be very bad to suggest diss instructing them. Has your loan offer been sent? If so you must inform them of the new contact details and get the mortgage documents are issued to the new lawyers. Your new conveyancer should be on the mortgage company approved list to avoid added expenses and complications. So that should be your first question of the new lawyers. The search tool can assist you in finding a bank approved conveyancer for your home move in Riddlesdown
Two months into a sale of a flat in Riddlesdown. Conveyancing solicitors are doing their job but we have been asked to pay a fortune from the landlord. To date we have forked out £237 for a leasehold management pack and then another £134.40 for additional questions supplied by the purchaser's conveyancer.
Your solicitor will not have any impact over the extent of the fee for this information however the average costs for the information for Riddlesdown leasehold premises is £360. When it comes to Riddlesdown conveyancing sales it is customary for the owner to cover the costs. The landlord or their agents are not duty bound to answer such questions although many will be willing to do so - albeit often at high prices disproportionate to the work involved. Unfortunately there is no statute that requires capped fees for administrative tasks. There is no statutory time frame by which they are required to issue the information.