I own a freehold residence in Chard but nevertheless invoiced for rent, why is this and what is this?
It’s unusual for properties in Chard and has limited impact for conveyancing in Chard 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 new rentcharges from 1977 onwards.
Old 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.
I am close to exchanging contracts on the sale of our house in Chard and the buyers lawyers are claiming that there is a risk of it being constructed on contaminated land. A local lawyer would know that there is no such problem. It does beg the question why the purchasers used a web based conveyancing outfit as opposed to a conveyancing solicitor in Chard. We have lived in Chard for 5 years we know of no issue. Should we contact our local Authority to obtain clarification that the buyers are looking for.
It would appear that you have a conveyancing lawyer already. What do they say? You need to check with 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 illness)
I completed on my home on 10 May and my personal details is not yet registered. Any reason for this? My conveyancing solicitor in Chard advises it would be recorded inside ten days. Are titles in Chard uniquely lengthy to register?
There is nothing unique when it comes to conveyancing in Chard registration formalities. 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 communicate with any 3rd persons or bodies. At present in the region of three quarters of such applications are fully addressed within 12 days but some can be subject to longer delays. Registration is effected after the purchaser has moved in to the premises therefore post completion formalities is not always top priority yet where it is urgent that the the registration takes place urgently then you or your conveyancer could contact the land registry and explain the circumstances.
I've recently found out that there is a flying freehold element on a house I put an offer in a fortnight ago in what should have been a simple, chain free conveyancing. Chard is where the house is located. Can you shed any light on this issue?
Flying freeholds in Chard are not the norm but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Chard you would need to get your solicitor to go through the deeds thoroughly. Your mortgage company may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Chard 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 premises.
What is different about your site and other online quote calculators for conveyancing in Chard?
At this site receive a fixed fee quote from a Solicitor or Licensed Conveyancer that understands the issues of your conveyancing in Chard. Unlike many estate agents and many comparison sites we do not operate commission arrangements with solicitors. Some agents and online brokers 'recommend' the firm that pays the most per referral, not the best value conveyancing in Chard
How easy is it to change a solicitor as I need to find a Chard based one who is on the mortgage company conveyancing panel. Is it advisable to appoint a new law firm?
If you haven't yet instructed a solicitor to start work and at this stage simply received quotes, you're perfectly free to choose a different solicitor to carry out your work for you. The best way is to get recommendations from friends or family who have actually used the solicitor or conveyancer in Chard that you're thinking of instructing.