I own a freehold residence in Clowne but still invoiced for rent, why is this and what is this?
It is rare for properties in Clowne and has limited impact for conveyancing in Clowne 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 creation 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 after 2037 is to be extinguished.
I am downsizing from our home in Clowne and according to the buyers it appears that there is a risk of it being constructed on contaminated land. Any local conveyancer would know that there is no such problem. For the life of me I don't know why the buyers are using an internet conveyancing outfit as opposed to a conveyancing solicitor in Clowne. We have lived in Clowne for six years we know of no issue. Is it a good idea to get in touch with our local Authority to seek clarification that the buyers are looking for.
It would appear that you have a conveyancing lawyer already. Are they able to advise? You must 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 life insurance to cover that same sickness)
I've recently found out that there is a flying freehold issue on a house I put an offer in two weeks back in what should have been a simple, chain free conveyancing. Clowne is where the house is located. Can you offer any advice?
Flying freeholds in Clowne are unusual but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Clowne you would need to get your solicitor to go through the deeds very carefully. Your mortgage company may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Clowne may decide 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 property.
How easy is it to switch firm as I need to choose one who is on the Leeds Building Society conveyancing list. I had appointed a high street conveyancing solicitor in Clowne round the corner but she is not approved by Leeds Building Society
We will our best to assist in finding you a conveyancing solicitor in Clowne on the Leeds Building Society panel. Please note that the conveyancers that we work with do not pay us a referral fee if you instruct them and are fully regulated by the Solicitors Regulation Authority who regulate all conveyancing solicitors in Clowne. Using search facility on this page, you can compare and instruct different solicitors and conveyancers both nationally and in Clowne.
I am one month into a leasehold purchase having been recommend to solicitors by the estate agent to do our conveyancing in Clowne. I am not happy. Could you you assist me in finding new solicitors?
They would have to be very bad to suggest replacing them. Has the mortgage been sent? If so you will need to advise them of the replacement solicitor and have the mortgage documents are re-issued. The solicitor ideally should be on the mortgage company panel to avoid escalating costs and complications. So that should be your first question of the new lawyers. Our find a solicitor tool can assist you in finding a bank approved solicitor for your conveyancing in Clowne
I wish to rent out my leasehold flat in Clowne. Conveyancing solicitor who did the purchase is retired - so can't ask him. Is permission from the freeholder required?
A lease dictates the relationship between the landlord and you the flat owner; in particular, it will say if subletting is banned, or permitted but only subject to certain conditions. The rule is that if the lease contains no expres ban or restriction, subletting is allowed. The majority of leases in Clowne do not contain strict prohibition on subletting – such a clause would adversely affect the market value the property. In most cases there is a basic requirement that the owner notifies the freeholder, possibly sending a copy of the sublease.
I am the registered owner of a 2 bed flat in Clowne, conveyancing was carried out half a dozen years ago. Can you shed any light on how much the price could be for a 90 year extension to my lease? Corresponding flats in Clowne with a long lease are worth £186,000. The ground rent is £55 charged once a year. The lease terminates on 21st October 2078
You have 53 years remaining on your lease the likely cost is going to range between £27,600 and £31,800 plus costs.
The figure that we have given is a general guide to costs for renewing a lease, but we are not able to advice on the actual costs in the absence of detailed investigations. Do not use the figures in a Notice of Claim or as an informal offer. There are no doubt other concerns that need to be taken into account and you obviously should be as accurate as possible in your negotiations. You should not take any other action placing reliance on this information before getting professional advice.