I purchased a freehold residence in Waterbeach but still invoiced for rent, why is this and what is this?
It’s unusual for properties in Waterbeach and has limited impact for conveyancing in Waterbeach 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 post 1977.
Previous rentcharges can now be extinguished by making a one off payment under the Act. Any rentcharges that are still in existence post 2037 is to be dispensed with completely.
Have completed on a a semi-detached house in Waterbeach , What is the estimated time for the Land Registry to register my proprietorship? My Waterbeach conveyancing solicitor has been very slow, so I want to be sure the land registry aspects are concluded.
As far as conveyancing in Waterbeach registration is no faster or slower than the rest of England and Wales. Rather than based on location, timeframes can vary depending on the party submitting the application, whether it is in order and whether the Land registry must send notices to any interested persons or bodies. As of today in the region of three quarters of submission are completed in less than three weeks but some can be subject to extensive hold-ups. Historically registration takes place once the new owner is living at the property so an expedited registration is not always an essential issue yet if it is urgent that the the registration takes place urgently then you or your conveyancer could communicate with the Registry to express the reasoning for the application to be prioritised.
Taking into account that I will soon spend over three hundred thousand on a house in Waterbeach I wish to talk to a lawyer concerning theconveyancing prior to giving the go ahead to the firm. Is this something that you can arrange?
Absolutely - it is our preference to talk to you we do not take any clients on without you first talking to the lawyer who will be doing your property ownership legalities in Waterbeach.There is no ‘factory style conveyancing’ - every client is unique person, not a file reference. The law firms that we put you in touch with believe that the fees you are provided with for residential conveyancing in Waterbeach should be the amount on the final invoice that you are charged.
I am thinking of appointing a conveyancing solicitor in Waterbeach for my house move. Can I check a solicitor's complaints history with the legal regulator?
One can see documented Solicitor Regulator Association (SRA) determinations resulting from investigations from 2008 onwards. Visit Check a solicitor's record. To find information Pre 2008, or to check a solicitors history, call 0870 606 2555, 08.00 - 18.00 any week day save for Tuesday when lines open at 9.30am. For non-uk callers, use +44 (0)121 329 6800. The SRA may monitor call for training requirements.
I only have 68 years remaining on my lease in Waterbeach. I now want to extend my lease but my freeholder is missing. What should I do?
On the basis that you meet the appropriate requirements, under the Leasehold Reform, Housing and Urban Development Act 1993 you can apply to the County Court for for permission to dispense with the service of the initial notice. This will mean that your lease can be lengthened by the magistrate. You will be obliged to prove that you or your lawyers have made all reasonable attempts to find the freeholder. For most situations a specialist should be useful to conduct investigations and to produce an expert document to be used as evidence that the freeholder is indeed missing. It is advisable to get professional help from a solicitor both on devolving into the landlord’s absence and the vesting order request to the County Court covering Waterbeach.
I bought a ground floor flat in Waterbeach, conveyancing was carried out half a dozen years ago. Can you please calculate a probable premium for a statutory lease extension? Equivalent properties in Waterbeach with an extended lease are worth £216,000. The ground rent is £50 charged once a year. The lease terminates on 21st October 2093
You have 68 years remaining on your lease the likely cost is going to range between £9,500 and £11,000 plus legals.
The figure above a general guide to costs for renewing a lease, but we are not able to advice on the actual costs in the absence of comprehensive investigations. You should not use this information in a Notice of Claim or as an informal offer. There may be other issues that need to be taken into account and clearly you should be as accurate as possible in your negotiations. Please do not move forward based on this information before getting professional advice.
I was told by my mortgage company that their approved conveyancers work on no move no fee basis for conveyancing in Waterbeach. Our purchase fell through nevertheless the conveyancers want search fees! They are claiming that the fees are nothing to do with their fees!
By offering "no sale no fee" Waterbeach conveyancing lawyers are writing off their fees for any work conducted. We must stress this does not constitute an insurance scheme. you will still required to reimburse any disbursements that your solicitor has incurred for you for example Waterbeach local authority checks