I am the registered owner of a freehold residence in Wallasey but nevertheless charged rent, why is this and what is this?
It is rare for properties in Wallasey and has limited impact for conveyancing in Wallasey 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 extinguished by making a one off payment under the Act. Any rentcharges that are still in existence post 2037 will be extinguished.
We are aiming to move property in March. Does my conveyancing solicitor liaise with the removal company on the completion day. Incidentally, can you put forward a removal company in Wallasey. Conveyancing firm was found before I stumbled across this page.
On the day of completion you can collect the keys from the selling agent however this should only happen once the vendors lawyers inform the agent that the monies to complete are in and the keys can be released. You should tell the removal men that you are ready to move in. We do not suggest a particular removal organisation but can help you locate a conveyancing in Wallasey or a firm with expertise in conveyancing in Wallasey.
We are buying a detached bungalow in Wallasey. Our aim is to convert the garage to an office at the property.Will legal investigations on the property involve checks to ascertain if these alterations were previously refused?
Your property lawyer will review the deeds as conveyancing in Wallasey can sometimes reveal restrictions in the title documents which prohibit categories of changes or necessitated the permission of a 3rd party. Some extensions call for local authority planning consent and approval in accordance building regulations. Certain locations are designated conservation areas and special planning restrictions apply which often prevent or affect extensions. You should check these issues with a surveyor ahead of any purchase.
After shopping around on the internet I have found a Wallasey conveyancing practitioner having checked that they are on the Nationwide conveyancing panel. Does my lawyer arrange the survey of the property?
Nationwide will need an independent valuation of the property. Your lawyer will not arrange this. Usually Nationwide will appoint their own surveyor to do this, and you will have to pay for it. Remember that this is a valuation for mortgage purposes and not a survey. Your conveyancer will not organise the survey but they may be able to put you in touch with a local one that they recommend. RICS offers a find a surveyor service (just google it) where you can search for a qualified surveyor by your Wallasey postcode. As you are getting a mortgage with Nationwide, you could contact them to see if they have a list of approved surveyors in Wallasey.
Should commercial conveyancing searches disclose proposed roadworks that could affect a commercial site in Wallasey?
Many commercial conveyancing solicitors in Wallasey will carry out a SiteSolutions Highways report as it dramatically cuts the time that conveyancers invest in looking into accurate data on highways that impact buildings and development assets in Wallasey. The report sets out definitive data 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 Wallasey.
For every commercial conveyancing transaction in Wallasey it is critical to investigate the adoption status of roads surrounding a site. Failure to identify developments where adoption procedures have not been dealt with adequately may result in delays to Wallasey commercial conveyancing transactions as well as pose a risk to future plans for the site. These searches are not carried out for domestic conveyancing in Wallasey.
I opted to have a survey completed on a house in Wallasey before retaining solicitors. I have been told that there is a flying freehold overhang to the property. My surveyor advised that some lenders may not grant a mortgage on such a home.
It varies from the lender to lender. HSBC has different requirements from Birmingham Midshires. If you call us we can look into this further via the relevant mortgage company. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Wallasey. Conveyancing may be slightly more expensive based on your lender's requirements.
Are there any apps to assist me to identify a Wallasey law firm on the TSB conveyancing panel? I am a keen cyclist and am happy to travel upto 25kilometers to meet the lawyer.
Feel free to make use of the tool on this website. Please pick a lender and your location and you will see a number of Wallasey conveyancing lawyers based on proximity. We have listed some Wallasey conveyancing firms at the bottom of this page and you can call them to see if they are on the TSB member panel
I’m about to sell my basement apartment in Wallasey.Conveyancing has not commenced however I have recently received a quarterly service charge demand – what should I do?
It best that you clear the maintenance contribution as usual because all ground rent and maintenance invoices will be allottedas part of the financial calculations for completion monies, so you should recover the relevant percentage by the purchaser for the period running from after the completion date to the subsequent invoice date. Most managing agents will not acknowledge the buyer until the service charges have been paid and are up to date so it is important for both buyer and seller for the seller to show that they are up to date. This will smooth the conveyancing process