Would the conveyancing solicitors that are recommend execute auction conveyancing in Rothbury?
We know of a number of auction solicitors we can put you in touch with those specialising in auction conveyancing. Rothbury is one of hundreds of areas of where our lawyers have a presence.
I purchased a freehold premises in Rothbury yet charged rent, why is this and what is this?
It is rare for properties in Rothbury and has limited impact for conveyancing in Rothbury 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 many centuries, but the Rent Charge Act 1977 barred the establishment of fresh rentcharges from 1977 onwards.
Old 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.
A relative informed me that in purchasing a property in Rothbury there could be various restrictions limiting what one can do in terms of external changes to the property. Is this right?
We are aware of anumerous of properties in Rothbury which have some sort of restriction or requirement of consent to external variations. Part of the conveyancing in Rothbury should determine what restrictions are applicable and advising you as part of a ROT that should be sent to you.
When it comes to lenders such as Nottingham, do Rothbury property lawyers have to pay a yearly amount to be on the list of approved solicitors?
We are not aware of any lender fees to be on their list of approved firms, although some do charge an administration charge to deal with the processing of the conveyancing panel application.
We previously chose conveyancing lawyers locally in Rothbury on the Kent Reliance solicitor approved list. They have just billed me a supplemental amount for dealing with the Kent Reliance mortgage. Is this a supplemental conveyancing fee specified by Kent Reliance?
As unfair as it may appear, as long as it’s in their Terms and Conditions or Quote then yes your lawyer is entitled to levy a fee for this. This charge is not set by Kent Reliance but by your Rothbury conveyancing practitioner. Some firms on the Kent Reliance panel will quote an ‘acting for lender’ fee and others do not.
I am selling our house in Rothbury and according to the buyers it appears that there is a risk of it being constructed land that was not decontaminated. A high street Rothbury conveyancer would know that there is no such problem. It does beg the question why the buyers instructed a nationwide conveyancing firm rather than a conveyancing solicitor in Rothbury. Having lived in Rothbury for three 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 need.
It would appear that you have a conveyancing solicitor currently acting for you. What do they say? You must 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 illness)
I have been on the look out for a ground for flat up to £245,000 and found one round the corner in Rothbury I like with a park and railway links nearby, however it's only got 61 years on the lease. There is not much else in Rothbury for this price, so just wondered if I would be making a grave error purchasing a lease with such few years left?
Should you require a home loan the remaining unexpired lease term will be a potential deal breaker. Reduce the price by the anticipated lease extension will cost if it has not already been discounted. If the existing proprietor has owned the premises for a minimum of 2 years you could ask them to commence the lease extension formalities and pass it to you. You can add 90 years to the existing lease with a zero ground rent applied. You should speak to your conveyancing solicitor about this.
My parents are having difficulties in finding their Rothbury property on the HMLR online search facility. They have a vague recollection fifty years ago when they bought the property there were complications regarding the address not being recognised in some systems.
Almost all premises in Rothbury should show up. Have you attempted a search with just the postcode. Usually it will reveal all the premises inside the postcode. Where registered it will be there with a title number. Where they bought fifty years ago it's conceivable it may be unregistered. The property may still be revealed but with the title number identified as 'na'. In this scenario you will need to locate the original title deeds which may be with your parent’s lender.