I purchased a freehold residence in Cockermouth but nevertheless invoiced for rent, why is this and what is this?
It is rare for properties in Cockermouth and has limited impact for conveyancing in Cockermouth 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 establishment of new rentcharges post 1977.
Old rentcharges can now be extinguished by making a one off payment under the Act. Any rentcharges that are still in existence after 2037 is to be dispensed with completely.
We're in Cockermouth, First timers purchasing with a mortgage (lender is Coventry BS , and our lawyer is on the Coventry BS conveyancing panel). How long should the conveyancing process take?
The fact that your lawyer is on the Coventry BS conveyancing panel is a help. It would almost certainly delay matters if they were not. However, no conveyancing practitioner should guarantee a timeframe for your conveyancing, due to third parties outside of your control such as delays caused by lenders,conveyancing search providers or by the other side’s solicitors. The time taken is often determined by the number of parties in a chain.
This question may be naive but I am unseasoned as FTB of a two bedroom flat in Cockermouth. Do I pick up the keys to the premises on the completion date from my lawyer? If this is the case, I will appoint a local conveyancing solicitor in Cockermouth?
On the day of completion you do not need to attend the conveyancers office in Cockermouth. Conveyancing lawyers for you will electronically transfer the completion advance to the vendor’s lawyers, and once they have received this, you should be able to pick up the keys from the property Agents and start moving into the property. This tends to happen early afternoon.
We expect to receive a AIP from UBS this week so we can work out what to offer on a property we like as otherwise we only have online calculators to go by (which aren't taking into account credit checks etc). Do UBS recommend any Cockermouth solicitors on the UBS conveyancing panel, or is it better to go independently?
You will need to appoint Cockermouth solicitors independently although you'll need to choose one on the UBS conveyancing panel. The solicitor represents both you and UBS through the process.
I am currently in the process of buying my council flat in Cockermouth. I have a mortgage offer with Co-operative. Conveyancing is new to me. Can I proceed without a solicitor easily? I think we can but we keep being told I should have one. Any advice?
It is not advisable to proceed with a house purchase without a solicitor. The council's solicitor are not acting for you. You need a solicitor for a number reasons. One of which is to verify what plans the Council have for repairs and refurbishment for the next five years. Many leaseholders have been stung for contributions of thousands of pounds. In any event, if you are getting a mortgage with Co-operative, you will need to appoint a solicitor on the Co-operative conveyancing panel.
What does commercial conveyancing in Cockermouth cover?
Cockermouth conveyancing for business premises covers a broad array of guidance, supplied by regulated solicitors, relating to business premises. For instance, this area of conveyancing can cover the sale or purchase of freehold business premises or, more commonly, the transfer of existing business tenancies or the drafting of new leasing arrangements. Commercial conveyancing solicitors can also offer advice on the sale of business assets, commercial mortgages and the termination of leases.
I need to retain a conveyancing solicitor for freehold conveyancing in Cockermouth. I have stumble upon a web site which appears to be the ideal offering If it is possible to get all this stuff done via email that would be preferable. Should I be wary? What are the potential pitfalls?
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?
Is planning permission necessary to split a house into multiple appartments in Cockermouth? This has occurred to a house next door to a friend in Cockermouth and was not aware of it happening until the works were done.
Planning Consent yes. Building Reg Approval yes.