I purchased a freehold property in Creekmouth yet pay rent, why is this and what is this?
It is rare for properties in Creekmouth and has limited impact for conveyancing in Creekmouth 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 hundreds of years, but the Rent Charge Act 1977 barred the establishment of fresh rentcharges from 1977 onwards.
Previous 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 purchasing a property and require a conveyancing solicitor in Creekmouth who is on the Norwich and Peterborough Building Society approved. Can you recommend a local solicitor?
Our service is limited to being a directory service for firms who wish to listed as being on the approved conveyancing panel for Norwich and Peterborough Building Society in certain locations such as Creekmouth. We dont recommend any particular firm.
The estate agent has sent us the confirmation of our purchase of a new build flat in Creekmouth. 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 may expect your new-build leasehold conveyancing in Creekmouth
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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. Please confirm the Lease plans are architect prepared. Please provide evidence that the form of Lease proposed has been approved by the Land Registry. There must be mutual enforceability of lessee’s covenants.
I've recently found out that there is a flying freehold element on a house I have offered on last month in what was supposed to be a simple, no chain conveyancing. Creekmouth is where the house is located. What do you suggest?
Flying freeholds in Creekmouth are not the norm but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Creekmouth you must be sure that your lawyer goes through the deeds diligently. Your lender may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Creekmouth may determine 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 residence.
My business partner and I are looking to lease a unit on the high street. Can you recommend lawyers offering competitive costs for non-domestic conveyancing in Creekmouth for less than 2k?
We are happy to recommend firms who host a wealth of experience of commercial conveyancing in Creekmouth, including the disposal and acquisition of businesses as well as simply premises. Whether you are intending to acquire or lease a shop, pub, restaurant, office, retail premises or a complete business we can put you in touch with the right solicitor. As for the fees these will vary based on the structure and nuances of the proposed transaction. Let us have your contact information or phone us so that we may provide you with comprehensive commercial conveyancing quote.
I need to retain a conveyancing solicitor for sale conveyancing in Creekmouth. I happened to land on a web site which appears to be the perfect answer If it is possible to get all the legals done via web 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?