I purchased a freehold residence in Charing Cross but still charged rent, why is this and what is this?
It is rare for properties in Charing Cross and has limited impact for conveyancing in Charing Cross 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 date back many centuries, but the Rent Charge Act 1977 barred the establishment of fresh rentcharges post 1977.
Old rentcharges can now be redeemed by making a lump sum payment under the Act. Any rentcharges that are still in existence in 2037 is to be dispensed with completely.
We are planning to purchase with Coventry BS. We have called around locally but am struggling to find a Charing Cross conveyancing firm on the Coventry BS approved list. Can you assist?
You should make use of the search tool on this web page. Please choose the mortgage company and type Charing Cross or your location and you will discover numerous conveyancers offices in Charing Cross or nearest you.
In what way does the Landlord & Tenant Act 1954 impact my commercial premises in Charing Cross and how can your lawyers assist?
The particular law that you refer to gives protection to commercial lessees, granting the a statutory right to make a request to court for a continuation of occupancy at the end of an expired lease. There are certain specified grounds that a landlord can refuse a lease renewal and the rules are involved. We are happy to direct you to commercial conveyancing practices who use the act to your advantage and handle your commercial conveyancing in Charing Cross
My father has suggested that I instruct his conveyancing solicitors in Charing Cross. Do I follow his advice?
No doubt the ideal way to find a conveyancing solicitor is to seek referrals from friends or family who have experience in using the solicitor you're contemplating using.
Can you provide any advice for leasehold conveyancing in Charing Cross from the point of view of speeding up the sale process?
- A significant proportion of the delay in leasehold conveyancing in Charing Cross can be bypassed where you get in touch lawyers as soon as your agents start advertising the property and ask them to collate the leasehold documentation needed by the purchasers’ solicitors. In the event that you altered the property did you need the Landlord’s permission? In particular have you installed wooden flooring? Most leases in Charing Cross state that internal structural alterations or laying down wooden flooring require a licence from the Landlord approving such changes. Where you dont have the approvals to hand do not communicate with the landlord without contacting your conveyancer in the first instance. If you have the benefit of shareholding in the freehold, you should make sure that you hold the original share certificate. Obtaining a duplicate share certificate is often a lengthy formality and delays many a Charing Cross conveyancing deal. Where a reissued share certificate is necessary, you should approach the company director and secretary or managing agents (if applicable) for this at the earliest opportunity. The majority of landlords or Management Companies in Charing Cross levy fees for supplying management packs for a leasehold home. You or your lawyers should discover the actual amount of the charges. The management pack can be applied for on or before finding a buyer, thus accelerating the process. The average time it takes to receive management information is three weeks. It is the most usual cause of frustration in leasehold conveyancing in Charing Cross.
I am the leaseholder of a garden flat in Charing Cross. Given that I can not reach agreement with the freeholder, can the Leasehold valuation Tribunal make a decision on the amount due for the purchase of the freehold?
Where there is a missing freeholder or where there is dispute about what the lease extension should cost, under the relevant statutes you can apply to the First-tier Tribunal (Property Chamber) to calculate the price.
An example of a Freehold Enfranchisement case for a Charing Cross property is 20 Avonwick Road in July 2013. The Tribunal was dealing with an application under Section 26 of the Leasehold Reform Housing and Urban Development Act 1993 for a determination of the freehold value of the property. It was concluded that the price to be paid was Fifteen Thousand Nine Hundred and Seventy (£15,970) divided as to £8,200 for Flat 20 and £7,770 for Flat 20A This case related to 1 flat. The remaining number of years on the lease was 73.26 years.
I am buying a house mortgage free. I have provided conveyancer with 2 distinct forms of photographic ID, bank statement, numerous utility bills. Now he wants a copy from a probate lawyer stating that the funds are legitimate and that it has come from inheritance and not dealing E's in Ibiza.
For some years now requires conveyancing solicitors as well as banks, building societies and other financial institutes to obtain satisfactory evidence of the identity of the client. This is because solicitors who deal with money and property on behalf of their clients can be used by criminals wishing to launder money. In order to comply with the law of money laundering, your Charing Cross conveyancing lawyer will need to obtain evidence of your identity as as well as make sure that your funds are legitimate.