I am the registered owner of a freehold property in Alvaston yet pay rent, why is this and what is this?
It’s unusual for properties in Alvaston and has limited impact for conveyancing in Alvaston 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 generation of new 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 in 2037 will be dispensed with completely.
What is the best way to check that the solicitor handling my conveyancing in Alvaston is on the bank’sapproved panel? I am looking to avoid the situation of having one lawyer for me and one for Lloyds TSB Bank thus paying £192.00 in further conveyancing invoice.
Feel free to take advantage of the find a lender approved solicitor tool on this page. Please choose the lender and type ‘Alvaston’ or your preferred area and you will discover numerous solicitors located in Alvaston or near you.
I am downsizing from our home in Alvaston and according to the buyers it appears that there is a risk of it being built land that was not decontaminated. Any local lawyer would know that there is no such problem. For the life of me I don't know why the purchasers used a nationwide conveyancing practice as opposed to a conveyancing solicitor in Alvaston. We have lived in Alvaston for six years we know of no issue. Should we contact our local Authority to seek clarification that there is no issue.
It would appear that you have a conveyancing solicitor currently acting for you. What do they say? You should enquire of your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out health insurance to cover that same ailment)
I am buying a new build apartment in Alvaston. Conveyancing is a frightening process at the best of times but I have never purchased a new build flat before. What sort of enquires would be asked in new build conveyancing.
Set out below is a sample of a selection of leasehold new build questions that you may expect your new-build leasehold conveyancing in Alvaston
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Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company? There must be mutual enforceability of lessee’s covenants. The Lease must contain a provision on behalf of the Vendor to pay the service charges in respect of unoccupied units in order to ensure that all services can be provided. Forfeiture - bankruptcy or liquidation must not apply under this provision. Please supply a car parking plan.
I'm converting the mortgage on my current property to a buy to let mortgage with Alliance & Leicester and I will use the ballance of the raised equity as a deposit on another property. The location we are talking about is Alvaston. Will your conveyancers be able to act for both sets of lenders and link together the transactions?
Make use of our comparison tool on this page to check that the lawyers are on the relevant lender panels. On the basis that they are the conveyancer will be able to connect the two conveyancing matters but you should talk with you lawyer and specify your expectations and needs.
I am 3 weeks into a leasehold purchase having been recommend to a firm by the local agent to handle our conveyancing in Alvaston. I am am extremely frustrated with the quality of service. Can you you assist me in finding new conveyancers?
They would have to be really bad in order to consider changing them. Has your loan offer been sent? In the event that it has you need to inform them of the new contact details and have the loan are re-issued. Your conveyancer needs to be on the banks panel to avoid escalating expenses and delays. That should be your starting point. Our find a solicitor tool will assist you in finding a bank approved solicitor for your home move in Alvaston