I purchased a freehold property in Upminster Bridge but still charged rent, why is this and what is this?
It is rare for properties in Upminster Bridge and has limited impact for conveyancing in Upminster Bridge 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 many centuries, but the Rent Charge Act 1977 barred the establishment of fresh rentcharges post 1977.
Old rentcharges can now be extinguished by making a one off payment under the Act. Any rentcharges that are still in existence after 2037 will be dispensed with completely.
Can you clarify what the consequences are if my lawyer’s firm is removed from the Barclays Solicitor panel ahead of completing my conveyancing in Upminster Bridge?
The first thing to point out is that, this is very unlikely to happen. In most cases even where a law firm is removed off of a panel the lender would allow the completion to go ahead as the lender would appreciate the difficulties that they would place you in if you have to instruct a new solicitor days before completion. In a worst case scenario where the lender insists that you instruct a new firm then it is possible for a very good lawyer to expedite the conveyancing albeit that you may pay a significant premium for this. The analogous situation is where a buyer instructs a lawyer, exchanges contracts and the law firm is shut down by a regulator such as the SRA. Again, in this situation you can find lawyers who can troubleshoot their way to bring the conveyancing to a satisfactory conclusion - albeit for a fee.
Will commercial conveyancing searches reveal proposed roadworks that could affect a commercial estate in Upminster Bridge?
Its becoming the norm that commercial conveyancing solicitors in Upminster Bridge will order a SiteSolutions Highways report as it reduces the time that conveyancers spend in researching accurate data on highways that impact buildings and development assets in Upminster Bridge. The report provides definitive information on the adoption status of roads, footpaths and verges, as well as the implication of traffic schemes and the rights of way surrounding a commercial development sites in Upminster Bridge.
For each commercial conveyancing transaction in Upminster Bridge it is crucial to investigate the adoption status of roads surrounding a site. Failure to identify developments where adoption procedures have not been addressed adequately may cause delays to Upminster Bridge commercial conveyancing transactions as well as pose a risk to future intentions for the site. These searches are not ordered for residential conveyancing in Upminster Bridge.
Despite weeks of looking the Title Certificate and documents to my property are lost. The solicitors who dealt with the conveyancing in Upminster Bridge 10 years ago have long since closed. Will I be able to sell the house?
These day there are duplicates made of almost everything, and your conveyancer should know precisely where to look for all the appropriate documentation so you may purchase or dispose of your house without any difficulty. If duplicates are not available, your solicitor can arrange cover in the form of insurance or indemnities protecting you against possible claims on your property.
As co-executor for the estate of my aunt I am selling a residence in Monmouth but live in Upminster Bridge. My solicitor (approximately 260 miles from merequires that I sign a statutory declaration before the transaction finalising. Could you suggest a conveyancing lawyer in Upminster Bridge who can witness and place their company stamp on the document?
Technically speaking you should not be required to have the documents witnessed by a conveyancing solicitor. Ordinarily or notary public or solicitor will be fine regardless of whether they are located in Upminster Bridge
Having had my offer accepted I require leasehold conveyancing in Upminster Bridge. Before diving in I require certainty as to the unexpired term of the lease.
Assuming the lease is registered - and almost all are in Upminster Bridge - then the leasehold title will always include the basic details of the lease, namely the date; the term; and the original parties. From a conveyancing perspective such details then enable any prospective buyer and lender to confirm that any lease they are looking at is the one relevant to that title. For any other purpose, such as confirming how long the term was granted for and calculating what is left, then the register should be sufficient on it's own.
I have given up trying to purchase the freehold in Upminster Bridge. Can this matter be resolved via the Leasehold Valuation Tribunal?
You certainly can. We are happy to put you in touch with a Upminster Bridge conveyancing firm who can help.
An example of a Lease Extension decision for a Upminster Bridge premises is 37 Lodge Court High Street in November 2013. the decision of the LVT was that the premium to be paid for the new lease was £25,559 This case was in relation to 1 flat. The unexpired lease term was 57.5 years.