I am the registered owner of a freehold residence in Grays yet charged rent, why is this and what is this?
It is rare for properties in Grays and has limited impact for conveyancing in Grays 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.
Previous rentcharges can now be extinguished by making a lump sum payment under the Act. Any rentcharges that are still in existence in 2037 is to be extinguished.
I require expedited conveyancing in Grays as I have a deadline to sign on the dotted line inside one month. Fortunately I do not need a mortgage. Can I decline from having conveyancing searches to save fees and time?
If.Given you are not getting a home loan you have the choice not to do searches although no law firm would advise that you don't. With lots of history conveyancing in Grays the following are instances of issues that can arise and therefore affect future mortgageability: Enforcement Notices, Overdue Charges, Outstanding Grants, Road Schemes,...
4 months have gone by since my purchase conveyancing in Grays took place. I have checked the Land Registry website which shows that I paid £150,000 when infact I paid £170,000. Why the discrepancy?
The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the asset from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.
How do I search for a Grays solicitor on the Accord Mortgages Ltd conveyancing panel? I have wheels and am happy to travel upto 25kilometers to meet the solicitor.
You can use the search on this website. Please pick a mortgage company and your location and you will see a number of Grays conveyancing lawyers located nearest you. We have listed some Grays conveyancing firms towards the end of this page and you can telephone them to check whether they are on the Accord Mortgages Ltd panel
In surfing the web for the words cheap conveyancing in Grays it reveals many conveyancerslocally. With so much choice what is the best way to find the right property lawyer for purchase transaction?
The best method of choosing the right conveyancer is via personal testimonial, so ask friends and family who have purchased a property in Grays or the local estate agent or mortgage broker. Costs for conveyancing in Grays differ, so it's sensible to secure at least four quotes from varying types of property lawyers. Dont forget to clarify what costs in the quote includes.
My husband and I may need to sub-let our Grays 1st floor flat temporarily due to a new job. We instructed a Grays conveyancing firm in 2001 but they have closed and we did not have the foresight to seek any advice as to whether the lease allows us to sublet. How do we find out?
A small minority of properties in Grays do contain a provision to say that subletting is only allowed with permission. The landlord cannot unreasonably refuse but, in such cases, they would need to see references. Experience suggests that problems are usually caused by unsatisfactory tenants rather than owner-occupiers and for that reason you can expect the freeholder to take up the references and consider them carefully before granting permission.
Having spent months of dialogue we cannot agree with our landlord on how much the lease extension should cost for our flat in Grays. Can we issue an application to the Residential Property Tribunal Service?
You certainly can. We are happy to put you in touch with a Grays conveyancing firm who can help.
An example of a Lease Extension matter before the tribunal for a Grays flat is Various @ Colombus Square in January 2012. the Tribunal calculated the premiums to be paid for new leases for each of the flats in Mariners Walk to be £3822 and the premium to be paid for the new lease of 2 Knights Court to be £4439. This case related to 13 flats. The unexpired residue of the current lease was 76 years.