I am the registered owner of a freehold premises in Albrighton but still pay rent, why is this and what is this?
It’s unusual for properties in Albrighton and has limited impact for conveyancing in Albrighton 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 generation of fresh rentcharges post 1977.
Previous rentcharges can now be extinguished by making a lump sum payment under the Act. Any rentcharges that are still in existence after 2037 is to be extinguished.
What can a local search reveal concerning the house my wife and I purchasing in Albrighton?
Albrighton conveyancing often commences with the applying for local authority searches directly from your local Authority or via a personal search organisations for example Searches UK The local search is essential in every Albrighton conveyancing purchase; as long as you don’t want any unpleasant once you have moved into your new home. The search will provide data on, amongst other things, details on planning applications applicable to the premises (whether granted or refused), building control history, any enforcement action, restrictions on permitted development, nearby road schemes, contaminated land and radon gas; in all a total of 13 topic headings.
I used Wolstenholmes several years ago for my conveyancing in Albrighton. I now require my file however cannot find the solicitor. What do I do?
You should call the Solicitors Regulatory Authority (SRA) to assist in tracing your conveyancing files. They can be contacted on please contact on 0870 606 2555. Alternatively, you should use their online form to make an enquiry. You will need to provide the SRA with as much information as possible to assist their search, including the name and address in Albrighton of the conveyancing firm of solicitors you previously used, the name of conveyancing solicitor with whom you had dealings, and the date on which you last had dealings with the firm.
I've recently found out that there is a flying freehold issue on a house I have offered on last month in what was supposed to be a straight forward, no chain conveyancing. Albrighton is the location of the property. What do you suggest?
Flying freeholds in Albrighton are rare but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Albrighton you must be sure that your lawyer goes through the deeds thoroughly. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Albrighton may decide 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 premises.
I am using a search engine for the phrase cheap conveyancing in Albrighton it brings up numerous conveyancerslocally. With so much choice what is the best way to find the suitable solicitor for the sale of my house?
The ideal method of choosing the right conveyancer is through a personal referral, so enquire of friends and relatives who have bought a property in Albrighton or the respected estate agent or mortgage broker. Charges for conveyancing in Albrighton differ, so it's sensible to obtain a minimum of four fee calculations from varying types of property lawyers. Make sure that you clarify what costs in the quote includes.
The property lawyers handling our conveyancing in Albrighton has forwarded documents to review that show the property is unregistered with epitome documents. Is it not the case that all properties in Albrighton are registered?
Whilst most properties in Albrighton are now registered with HM Land Registry there are still a few that remain unregistered. Any property in Albrighton that has been remortgaged since the late 1980’s will have been registered at the Land Registry under the compulsory ‘first registration’ scheme. However, if a Albrighton property has not changed hands in that time then it’s likely the old fashioned title deeds will be the only evidence of ownership.Plenty of Albrighton conveyancing practitioners should be able to handle this type of conveyancing but if any uncertainty prevails the conventional guidance these days appears to be for the seller to undertake the registration formalities first and thereafter sell - this will have a knock on effect to cause a drawn-out home move.