I am the registered owner of a freehold residence in Hackbridge but still pay rent, why is this and what is this?
It is rare for properties in Hackbridge and has limited impact for conveyancing in Hackbridge 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 hundreds of years, but the Rent Charge Act 1977 barred the creation of fresh rentcharges post 1977.
Old rentcharges can now be redeemed by making a lump sum payment under the Act. Any rentcharges that are still in existence post 2037 will be dispensed with completely.
We are selling our house in Hackbridge and according to the buyers it appears that there is a risk of it being built land that was not decontaminated. A local conveyancer would know that there is no such problem. It does beg the question why the buyers are using a nationwide conveyancing practice as opposed to a conveyancing solicitor in Hackbridge. We have lived in Hackbridge for many years we know of no issue. Do we contact our local Authority to obtain clarification that the buyers are looking for.
It sounds as though you may have a conveyancing solicitor already. What do they say? You must enquire of your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out life insurance to cover that same illness)
The estate agent has sent us the confirmation of our purchase of a new build apartment in Hackbridge. Conveyancing is a frightening process at the best of times but I have never purchased a new build flat before. What sort of enquires would be asked in new build legal work.
Set out below is a sample of a few leasehold new build questions that you can expect your new-build leasehold conveyancing in Hackbridge
Where service of notices and proceedings can be at the property demised please confirm that this can be amended to include simultaneous services at the Lessees’ solicitors’ offices where the Lessee from time to time is not resident in the UK - such solicitors may be varied by notice in writing to the Landlord from time to time but otherwise will be as previously specified. There must be mutual enforceability of lessee’s covenants. Will control of the Management Company (if any) be handed over to purchasers on completion of the last sale or earlier? The Landlord must covenant to assume the management if the Management Company goes into liquidation or otherwise defaults in running the management scheme. Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company?
Due to the encouragement of my in-laws I had a survey completed on a property in Hackbridge in advance of appointing lawyers. I have been advised that there is a flying freehold aspect to the property. Our surveyor has said that some lenders tend refuse to issue a mortgage on this type of property.
It depends who your proposed lender is. HSBC has different instructions from Nationwide. Should you wish to call us we can look into this further with the appropriate lender. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Hackbridge. Conveyancing may be slightly more expensive based on your lender's requirements.
I'm converting the mortgage on my existing property to a BTL mortgage with Birmingham Midshires and intend to use the remaining equity as a down payment on a second property. The neighborhood we are interested in is Hackbridge. Will your lawyers be able to act for the two lenders and link together the transactions?
Do use our search tool on this site to check that the solicitors are approved by both mortgage companies. Having checked that they are the solicitor should be able to connect the two conveyancing matters but you should have a chat with you solicitor and specify your desired outcome and requirements.
As co-executor for the will of my uncle I am selling a property in Cardiff but I am based in Hackbridge. My lawyer (approximately 300 kilometers from merequires that I execute a stat dec prior to completion. Can you recommend a conveyancing solicitor in Hackbridge to attest and place their company stamp on the document?
Technically speaking you are unlikely to need to have the documents attested by a conveyancing solicitor. Ordinarily any notary public or qualified solicitor will suffice regardless of whether they are Hackbridge based