I am the registered owner of a freehold premises in Cranford but still pay rent, why is this and what is this?
It’s unusual for properties in Cranford and has limited impact for conveyancing in Cranford 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 extinguished by making a one off payment under the Act. Any rentcharges that are still in existence post 2037 is to be extinguished.
I have justfound out that Stirling Law have been shut down. They conducted my conveyancing in Cranford for a purchase of a leasehold apartment 10 months ago. How can I be sure that the property is registered correctly in the name of the former proprietor?
The quickest way to check if the premises is in your name, you can carry out a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Cranford conveyancing specialists.
Due to the input of my in-laws I had a survey completed on a house in Cranford in advance of appointing conveyancers. I have been informed that there is a flying freehold element to the house. The surveyor advised that some lenders will refuse to grant a loan on such a premises.
It depends who your proposed lender is. Santander has different requirements from Halifax. Should you wish to telephone us we can check via the relevant bank. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Cranford. Conveyancing will be smoother if you use a solicitor in Cranford especially if they are familiar with such properties in Cranford.
I was recommended by a number of selling agents in Cranford to get a quote from a property lawyer on your site. Is there a financial upside for Estate Agents to offer your lawyers rather than another?
We refuse to offer any commission for sending work to this site. We thought it would be too underhand a fee as home movers will think, ‘Why is the agent getting a kickback? Why am I not receiving any benefit too?’ We would prefer to grow our business on genuine recommendations.
I need to instruct a conveyancing solicitor for freehold conveyancing in Cranford. I've discover a site which looks to be the perfect solution If it is possible to get all formalities done via phone that would be ideal. Do I need to 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 it true that a Cranford conveyancing practice has court proceedings brought against them by clients for not carrying out comprehensive conveyancing investigations?
We are not aware of such a Cranford conveyancing claim but according to a recent report, a couple purchasing a home in Cumbria successfully won a case against their lawyer as a consequence of development plans to build a wind farm not being identified in conveyancing searches.
If you are purchasing in Cranford It is important that your lawyer carry out all Cranford conveyancing searches required to ensure you have accurate and current information before buying a home in Cranford.