I am the registered owner of a freehold property in Rotherham but still invoiced for rent, why is this and what is this?
It’s unusual for properties in Rotherham and has limited impact for conveyancing in Rotherham 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 extinguished by making a lump sum payment under the Act. Any rentcharges that are still in existence after 2037 is to be extinguished.
This question may be naive but I am wet behind the ears as FTB of a ground floor flat in Rotherham. Do I pick up the keys to the property on the completion date from my lawyer? If so, I will appoint a High Street conveyancing solicitor in Rotherham?
On the day of completion you will not be required to go to the conveyancers office in Rotherham. Conveyancing lawyers for you will arrange to send the completion advance to the owner’s lawyers, and shortly after the monies have arrived, you should be called to collect the keys from the property Agents and move into your new home. Usually this occurs early afternoon.
Last month we had a mortgage agreed in principle with Leeds Building Society. Rotherham conveyancing solicitors are instructed. How long does it take for Leeds Building Society to send the offer to the solicitor?
Some lenders take longer than others. Have Leeds Building Society done the survey? Have you advised Leeds Building Society as to your lawyers' details and checked that your lawyers are on the Leeds Building Society conveyancing panel? Sometimes it can take as long as six weeks for a mortgage offer to be issued.
I have today made my last payment due on my mortgage with Nationwide. I assume I don't need a Rotherham lawyer on the Nationwide panel to discharge the mortgage at the Land Registry. Please confirm.
If you have finished paying off your Nationwide mortgage, they may send you evidence showing that you have paid it off. Alternatively they may notify the Land Registry directly. The Land Registry need to see this evidence before they will remove the Nationwide mortgage from the register. Nationwide, and any evidence they send you, will determine the action you need to take. In cases where no conveyancer is acting for you and you have paid off your mortgage:
- but are not moving to another property
- where Nationwide has sent the Land Registry the discharge electronically, and
- Nationwide has instructed the Land Registry to do so
How does conveyancing in Rotherham differ for newly converted properties?
Most buyers of new build residence in Rotherham contact us having been asked by the housebuilder to sign contracts and commit to the purchase even before the residence is built. This is because builders in Rotherham typically purchase the land, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct conveyancers as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are used to new build conveyancing in Rotherham or who has acted in the same development.
Over the last few months I have been searching for a leasehold apartment up to £245,000 and identified one near me in Rotherham I like with amenity areas and transport links in the vicinity, however it's only got 61 remaining years left on the lease. There is not much else in Rotherham 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 mortgage the shortness of the lease will likely be an issue. Reduce the offer by the expected lease extension will cost if not already taken into account. If the current owner has owned the property for a minimum of 2 years you can request that they start the process of the extension and pass it to you. An additional ninety years can be extended on to the existing lease with a zero ground rent applied. You should speak to your conveyancing lawyer concerning this.
I am selling my house. My former solicitors have shut. It would be helpful to have a recommendation of a conveyancing firm. Im based in Rotherham if that makes things easier.
You should use our search tool to help you find a solicitor for your conveyancing in Rotherham. We have connected thousands of home buyers and sellers with lender approved solicitors to ensure that the legalities of their house move goes smoothly.
A licensed conveyancer acted on my conveyancing in Rotherham half a dozen years ago having archived my title documents but has now closed – What can I do to get hold of them?
Title deeds, as such, are no longer appropriate for the majority of homes in Rotherham are registered digitally at Land Registry. If you need to establish ownership or are selling or refinancing your conveyancing practitioner can obtain up to date copies of the register from the Land Registry in any case.
If you feel there may be other documents or you have any other queries please e-mail your request with details of the transaction and documents you need to filerequest@clc-uk.org. The CLC will let you know what information they have and any additional information they may need before they are in a position to identify and send the documents to you. Following an intervention it may take some time for the CLC to access archived files and documents, but your request will be actioned as quickly as possible.