I purchased a freehold premises in Earlsfield but still invoiced for rent, why is this and what is this?
It is rare for properties in Earlsfield and has limited impact for conveyancing in Earlsfield 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 generation of fresh rentcharges post 1977.
Previous 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 extinguished.
I have a decision in principle. The bank mentioned the home loan came with free conveyancing. Does this mean I have to appoint their panel conveyancer as I would much rather appoint a high street conveyancing solicitor in Earlsfield?
Do check but the chances are that appoint one of their panel solicitors where you want the "fee-free" deal. Call the bank to ask if they allow a cash alternative. It is not unheard for a lender to give a £250 cashback as an alternative in which case you could put that amount towards your preferred conveyancing solicitor in Earlsfield.
How simple is it to switch firm as I need to find a firm on the Clydesdale conveyancing list. I was using a family conveyancing solicitor in Earlsfield five minutes from me but he is not accepted by Clydesdale
We will our best to assist in finding you a conveyancing solicitor in Earlsfield on the Clydesdale panel. Please note that the conveyancers that we list do not pay us fee if you instruct them and are fully regulated by the Solicitors Regulation Authority who oversee all conveyancing solicitors in Earlsfield. In utilising the find a conveyancing solicitor tool on this website, you can compare and instruct different solicitors and conveyancers both nationally and in Earlsfield.
Is it best to instruct a Earlsfield conveyancing lawyer in close proximity to the house I am hoping to buy? An old friend can deal with the conveyancing but his firm is located 300miles away.
The benefit of a local Earlsfield conveyancing firm is that you can visit the firm to sign documents, present your identification documents and pester them if necessary. Having local Earlsfield know how is a benefit. However it's more important to get someone that will pull out all the stops for you. If other friends have used your friend and on the whole were impressed that should surpass using an unknown Earlsfield conveyancing lawyer solely due to them being Earlsfield based.
Last October I purchased a leasehold property in Earlsfield. Am I liable to pay service charges relating to a period prior to completion of my purchase?
In a situation where the service charge has already been demanded from the previous lessee and they have not paid you would not usually be personally liable for the arrears. However, your landlord may still be able to take action to forfeit the lease. It is an essential part of leasehold conveyancing for your conveyancer to ensure to have an up to date clear service charge receipt before completion of your purchase. If you have a mortgage this is likely to be a requirement of your lender.
If you purchase part way through an accounting year you may be liable for charges not yet demanded even if they relate to a period prior to your purchase. In such circumstances your conveyancer would normally arrange for the seller to set aside some money to cover their part of the period (usually called a service charge retention).
I inherited a ground-floor 1950’s flat in Earlsfield. Given that I can not reach agreement with the freeholder, can the Leasehold valuation Tribunal determine the premium due for the purchase of the freehold?
Where there is a absentee freeholder or if there is dispute about what the lease extension should cost, under the Leasehold Reform, Housing and Urban Development Act 1993 you can apply to the First-tier Tribunal (Property Chamber) to determine the premium.
An example of a Freehold Enfranchisement decision for a Earlsfield flat is 35 Trewint Street in February 2012. The Tribunal arrived at a premium of £32 425 for the freehold reversion. The matter was transferred back to the court for further consideration which required the applicants pay the premium (less any assessed costs) into court after which the court would execute a transfer of the freehold. This case affected 2 flats. The number of years remaining on the existing lease(s) was 70.57 years.
Me and myfiance and I are in the market for a trustworthy conveyancing solicitor in Earlsfield to help me sell my home. I I am concerned about being overcharged but with various Earlsfield conveyancing organisations out there...who do I opt for?
An independent personal recommendation via a friend or family member who has used a conveyancing solicitor previously is always a preferable. Almost everyone has used a conveyancing solicitor previously. Feel free to use our comparison tool for Earlsfield conveyancing quotes