I am the registered owner of a freehold property in Shotton yet charged rent, why is this and what is this?
It’s unusual for properties in Shotton and has limited impact for conveyancing in Shotton 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 creation of fresh rentcharges from 1977 onwards.
Previous rentcharges can now be redeemed by making a lump sum payment under the Act. Any rentcharges that are still in existence after 2037 is to be extinguished.
I am purchasing a property and the lawyer has mentioned Chancel Repair for which the property may be obligated to pay because it falls into the area of such a church. He has mentioned insurance. Is this really warranted for conveyancing in Shotton
Unless a previous purchase of the premises completed post 12 October 2013 you could assume that solicitors carrying out conveyancing in Shotton to continue to propose a a chancel search and or insurance against a claim.
About to purchase a new build apartment in Shotton. 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.
Set out below are examples of a selection of leasehold new build enquiries that you should expect your new-build leasehold conveyancing in Shotton
-
The Landlord must covenant to assume the management if the Management Company goes into liquidation or otherwise defaults in running the management scheme. Please confirm the Lease plans are architect prepared. Forfeiture - bankruptcy or liquidation must not apply under this provision. There must be mutual enforceability of lessee’s covenants. Please provide evidence that the form of Lease proposed has been approved by the Land Registry.
Due to the guidance of my in-laws I had a survey completed on a property in Shotton ahead of appointing solicitors. I have been advised that there is a flying freehold aspect to the property. My surveyor has said that some lenders will not issue a loan on such a property.
It varies from the lender to lender. Santander has different instructions from Halifax. Should you wish to call us we can check with the appropriate bank. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Shotton. Conveyancing may be slightly more expensive based on your lender's requirements.
In my capacity as executor for the will of my father I am selling a property in Neath but reside in Shotton. My lawyer (who is 200 miles from merequires that I sign a stat dec before the transaction finalising. Can you recommend a conveyancing lawyer in Shotton who can attest and place their company stamp on the document?
strictly speaking you are unlikely to need to have the documents attested by a conveyancing solicitor. Ordinarily or notary public or solicitor will be fine regardless of whether they are Shotton based
I need to find a mortgage company panel solicitor in Shotton. Can you assist?
Unfortunately it’s not apparent why you need a Shotton panel solicitor but in any event, if you can not find one on our search tool you will need to speak directly to the bank to find out which solicitors in Shotton are on their panel . If you do find such a firm in Shotton not listed please direct them to our site to list. At a fee of one pound per month it is not expensive to register on the site