Our god-son is about to exchange on a house that has just been built in Charterhouse with a mortgage from Clydesdale. His lawyer has said that there is a delay in receiving the ‘Disclosure of Incentive Form’. What is this document - I have never come across this before?
The document is intended to provide information to the main parties involved in the purchase. Therefore, it will be provided to your son’s lawyer who should be on the Clydesdale conveyancing panel as a standard part of the process, and to the surveyor when requested. The developer will be required to start the process by downloading the form and completing it. The form will therefore need to be available for the valuer at the time of his or her site visit. The form should be sent to the Clydesdale conveyancing panel solicitor as early as possible, in order to avoid any last minute delays, and no later than at exchange of contracts.
I am the registered owner of a freehold residence in Charterhouse but still invoiced for rent, why is this and what is this?
It’s unusual for properties in Charterhouse and has limited impact for conveyancing in Charterhouse 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 hundreds of years, but the Rent Charge Act 1977 barred the creation of fresh rentcharges from 1977 onwards.
Old rentcharges can now be redeemed by making a one off payment under the Act. Any rentcharges that are still in existence post 2037 is to be extinguished.
Me and my brother have a 4 bedroom Edwardian house in Charterhouse. Conveyancing practitioner acted for me and Halifax. I happened to do a free search for it on the Land Registry database and I saw two entries: one for freehold, another for leasehold under the matching property. Is it worth asking Halifax to clarify?
You should assess the Freehold register you have again and check the Charges Register for mention of a lease. The best way to be sure that you are also the registered owner of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Charterhouse and other locations in the country and poses no real issues for owners other than when they buy they have to account for both freehold and leasehold interests when dealing with lenders. You can also check the position with the conveyancing solicitor who completed the work.
About to purchase a new build flat in Charterhouse. Conveyancing is daunting at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build legal work.
Set out below is a sample of a selection of leasehold new build enquiries that you can expect your new-build leasehold conveyancing in Charterhouse
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The Landlord must covenant to assume the management if the Management Company goes into liquidation or otherwise defaults in running the management scheme. Please provide evidence that the form of Lease proposed has been approved by the Land Registry. If there are lifts in the building, please confirm that the owners of flats on the ground and basement floors will not be required to contribute towards the cost of maintenance and renewal. There must be mutual enforceability of lessee’s covenants.
Is it possible to transfer to a new conveyancer as I have to select one who is on the Norwich and Peterborough Building Society conveyancing list. I hired a high street conveyancing solicitor in Charterhouse five minutes from me but she is not accepted by Norwich and Peterborough Building Society
It would be our pleasure to help you select a conveyancing solicitor in Charterhouse on the Norwich and Peterborough Building Society panel. Please note that the conveyancers that we list do not pay us fee if you instruct them and are registered with the Solicitors Regulation Authority who oversee all conveyancing solicitors in Charterhouse. In making use of search facility on this page, you can compare and instruct different solicitors and conveyancers both nationally and in Charterhouse.
I need to retain a conveyancing solicitor for freehold conveyancing in Charterhouse. I've stumble upon a web site which looks to be the perfect offering If there is a chance to get all formalities done via web that would be ideal. Should I be wary? What should out be looking out for?
As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?