I have given 8 weeks notice to my current landlord and have to leave my let out apartment in Maida Hill by 12/6/2024. Conveyancing on my purchase has just started. How realistic is it to complete in a couple of weeks as don't want to have to move into temporary accommodation?
The normal practice is not to provide notice on a rental until exchange of contracts has taken place. If you have not previously done so, update to your conveyancer and request that they cajole the other lawyers, try to get a realistic time scale from them that everyone will look to achieve
I purchased a freehold property in Maida Hill yet pay rent, why is this and what is this?
It is rare for properties in Maida Hill and has limited impact for conveyancing in Maida Hill 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 new rentcharges post 1977.
Previous rentcharges can now be redeemed by making a one off payment under the Act. Any rentcharges that are still in existence in 2037 will be extinguished.
I require fast conveyancing in Maida Hill as I am under pressure to exchange contracts within 2 weeks. A home loan is not required. Can I avoid the conveyancing searches to save fees and time?
If.Given you are are a cash buyer you are at free not to do searches although no lawyer would recommend that you don't. Drawing on our experience of conveyancing in Maida Hill the following are instances of what can show up and therefore affect future mortgageability: Refused Planning Applications, Overdue Fees, Outstanding Grants, Unadopted Roads,...
Are there restrictive covenants that are commonly identified as part of conveyancing in Maida Hill?
Restrictive covenants can be picked up when reviewing land registry title as part of the process of conveyancing in Maida Hill. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’
Yesterday I discovered that there is a flying freehold issue on a house I have offered on two weeks back in what should have been a simple, chain free conveyancing. Maida Hill is where the house is located. Is there any advice you can give?
Flying freeholds in Maida Hill are unusual but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Maida Hill you must be sure that your lawyer goes through the deeds very carefully. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Maida Hill may ascertain that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold property.
I'm selling a property in Maida Hill. I can find my conveyancer's company on the CLC list, but I can't locate my lawyer's name as listed on the regulator's website. Should I be concerned?
Not every individual in the law firm must be listed by the regulator. Provided there is someone qualified to 'oversee' the conveyancing, the actual day-to-day activity can be conducted by unlicensed staff.