I purchased a freehold property in Brunswick Park yet pay rent, why is this and what is this?
It’s unusual for properties in Brunswick Park and has limited impact for conveyancing in Brunswick Park 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 new rentcharges from 1977 onwards.
Previous rentcharges can now be redeemed by making a lump sum payment under the Act. Any rentcharges that are still in existence post 2037 will be extinguished.
We hope to to purchase with Loughborough BS. We have called around locally yet am struggling to find a Brunswick Park conveyancing firm on the Loughborough BS approved list. Can you assist?
Please do make use of the search tool on this site. Please choose the lender and type Brunswick Park or your preferred area and you will be presented with numerous solicitors based in Brunswick Park or nearest you.
I have paid off my mortgage with Nottingham. I assume I don't need a Brunswick Park property lawyer on the Nottingham panel to discharge the mortgage at the Land Registry. Am I right?
If you have finished paying off your Nottingham mortgage, they may send you evidence showing that you have paid it off. Alternatively they may notify the Land Registry directly. The Land Registry need to see this evidence before they will remove the Nottingham mortgage from the register. Nottingham, and any evidence they send you, will determine the action you need to take. In cases where no conveyancer is acting for you and you have paid off your mortgage:
- but are not moving to another property
- where Nottingham has sent the Land Registry the discharge electronically, and
- Nottingham has instructed the Land Registry to do so
I can not work out if my lender obliges me to make sure the lease term for the flat is extended prior to the completion date. I have called my Brunswick Park building society branch on a couple of occasions and was told they are content with the situation and they would lend. My Brunswick Park conveyancing solicitor - who is on the mortgage company conveyancing panel- telephoned to say that they would not lend in accordance with their specific requirements. I have no idea who is right.
As long as the solicitor is on the bank approved list, they must comply with the CML Handbook requirements for the lender. Unless your lawyer obtains specific confirmation in writing that the lender will go ahead, your lawyer has no choice but to refrain from exchanging contract and committing you to the purchase. We would suggest that you ask the mortgage company to contact your lawyer in writing confirming that they will accept the number of years remaining.
I've read lots of house buying guides, I note that it is considered advisable to get your house surveyed prior to buying it. When I asked my local Brunswick Park solicitor - who is on the Principality conveyancing panel - on this she said they don't do this and I need to contract an independent surveyor. is that correct?
Principality will need an independent valuation of the property. Your lawyer will not arrange this. Usually Principality 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. You may wish to consider appointing your own Brunswick Park surveyor to carry out a survey or prepare a home buyers report on the property. It is up to you to satisfy yourself that the property is structurally sound before you buy it. If the survey or report reveals that building work is needed, you should tell your solicitor. You may wish to renegotiate with the seller.
The deeds to my house can not be found. The solicitors who conducted the conveyancing in Brunswick Park 10 years ago no longer exist. What do I do?
You no longer need to hold title deeds to establish that you are the owner of your registered land or property, as the Land Registry have everything they need in a digital format.
I am a couple of weeks into a residential purchase having been referred to a firm by the estate agent to carry out the conveyancing in Brunswick Park. I am am extremely dissatisfied with the quality of service. Can you you assist me in finding new solicitors?
A solicitor would need to be very bad to suggest replacing them. Has your mortgage been sent? In the event that it has you need to advise them of the replacement conveyancer and get the loan are re-sent. The solicitor ideally needs to be on the mortgage company approved list to avoid added expenses and frustration. That should be your starting point. Our search tool can help you find a bank approved conveyancer for your conveyancing in Brunswick Park
I am hoping to put an offer on a small detached house that seems to tick a lot of boxes, at a reasonable figure which is making it more attractive. I have just been informed that it's a leasehold as opposed to freehold. I would have thought that there are particular concerns purchasing a house with a leasehold title in Brunswick Park. Conveyancing lawyers have are soon to be instructed. Will they explain the issues?
The majority of houses in Brunswick Park are freehold and not leasehold. This is one of the situations where having a local conveyancer who is familiar with the area can assist with the conveyancing process. It is clear that you are purchasing in Brunswick Park in which case you should be looking for a Brunswick Park conveyancing solicitor and check that they have experience in dealing with leasehold houses. First you will need to check the number of years remaining. Being a leaseholder you will not be at liberty to do whatever you want to the property. The lease comes with conditions such as requiring the freeholder’sconsent to conduct changes to the property. You may also be required to pay a maintenance charge towards the maintenance of the estate where the property is part of an estate. Your solicitor should appraise you on the various issues.