I require conveyancing for an apartment in a relatively new development (6 years built) in Eccleshall. 95% of the properties are already sold. Is it really necessary to order local searches as part of conveyancing in Eccleshall?
You would be putting yourself at risk in failing carrying out Eccleshall conveyancing searches. Without searches you have no clarity over flooding, environmental etc which may mean you walk away due to potential problems down the line. If you are buying without a mortgage there is no legal necessity to have them, but we would seriously advise in no uncertain terms that your solicitor conducts them. Where time pressures and expenses are top of your concerns you should discuss with your solicitor about the options such as lack of search insurance available to you
I own a freehold house in Eccleshall but still pay rent, why is this and what is this?
It’s unusual for properties in Eccleshall and has limited impact for conveyancing in Eccleshall 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 creation of new rentcharges from 1977 onwards.
Old rentcharges can now be redeemed by making a one off payment under the Act. Any rentcharges that are still in existence in 2037 is to be dispensed with completely.
Despite weeks of looking the Title Certificate and documents to my property can not be found. The solicitors who dealt with the conveyancing in Eccleshall 5 years ago no longer exist. Will I be able to sell the house?
Gone are the days when you need to hold title official documentation to evidence that you own the land or property, given that the Land Registry hold details of all registered land or property electronically.
About to purchase a new build flat in Eccleshall. Conveyancing is a frightening process 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 conveyancing.
Here are examples of a selection of leasehold new build questions that you can expect your new-build leasehold conveyancing in Eccleshall
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Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose? Investor purchasers must be able to freely grant unsecured tenancies at market rents without requiring any consents. Will control of the Management Company (if any) be handed over to purchasers on completion of the last sale or earlier? Forfeiture - bankruptcy or liquidation must not apply under this provision. Where there is an Undertaking being granted there is the risk of forfeiture of the Headlease subject to relief if one or more of the Underlessees are willing to accept the original Head Lessee’s obligations as otherwise relief will be denied to the Underlessees. The only alternatives are the Head Lessor agreeing not to forfeit the Headlease or the Head Lessee guaranteeing to the Underlessees that it will not be in breach of the Headlease.
I am a sole trader planning to take over a lease of an office on the high street. Can you recommend lawyers offering competitive costs for non-domestic conveyancing in Eccleshall for less than 1500k?
We can recommend firms who have an in-depth of experience of commercial conveyancing in Eccleshall, including the sale and acquisition of businesses as well as simply premises. Whether you are hoping to purchase or lease a shop, pub, restaurant, office, retail unit or a whole business we can find you the right lawyer. Regarding the fees this will depend on the structure and terms of the deal. Let us have your contact information or email so as to enable us to provide you with a detailed commercial conveyancing quote.
Is there a reason that Eccleshall conveyancing fees are higher for leasehold and freehold properties?
Leasehold conveyancing in Eccleshall can involve additional due diligence including checking the lease, liaising with the freeholder, obtaining up to date rent receipts, landlord’s consents, management company’s accounts etc.