I am the registered owner of a freehold house in Hampstead Garden Suburb but nevertheless invoiced for rent, why is this and what is this?
It’s unusual for properties in Hampstead Garden Suburb and has limited impact for conveyancing in Hampstead Garden Suburb 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 creation of new rentcharges from 1977 onwards.
Previous 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 extinguished.
I have been recommended a conveyancing solicitor in Hampstead Garden Suburb. I I am struggling to find out if they are accepted on the Yorkshire Building Society approved list of lawyers. Could you or the lender confirm if they are on the panel?
You should phone your conveyancer and enquire if they are on the lender panel. Alternatively you can get in touch with Yorkshire Building Society who may be able to assist.
I am selling our home in Hampstead Garden Suburb and according to the buyers it appears that there is a risk of it being constructed on contaminated land. A local lawyer would know this is not the case. It does beg the question why the buyers are using an online conveyancing outfit as opposed to a conveyancing solicitor in Hampstead Garden Suburb. Having lived in Hampstead Garden Suburb for three years we know of no issue. Do we get in touch with our local Authority to obtain clarification need.
It would appear that you have a conveyancing firm currently acting for you. Are they able to advise? 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 health insurance to cover that same illness)
It has been three months following my purchase conveyancing in Hampstead Garden Suburb concluded. I have checked the Land Registry website which shows that I paid £175,000 when infact I paid £180,000. 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 premises 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.
My business partner and I are hoping to lease a unit on a shopping parade. Can you recommend conveyancers offering fixed costs for commercial conveyancing in Hampstead Garden Suburb for below 1500k?
We can recommend firms who have specialist knowledge of commercial conveyancing in Hampstead Garden Suburb, including the sale and acquisition of businesses as well as simply premises. If you are hoping to acquire or lease a shop, pub, restaurant, office, retail unit or a whole business we will find you the right firm. As for the fees these will vary based on the structure and heads of terms of the deal. Let us have your details or telephone so as to enable us to provide you with a fixed commercial conveyancing calculation.
I am hoping to put an offer on a small detached house that seems to be perfect, at a great price which is making it all the more appealing. I have since discovered that the title is leasehold rather than freehold. I would have thought that there are particular concerns purchasing a house with a leasehold title in Hampstead Garden Suburb. Conveyancing advisers have are about to be instructed. Will my lawyers set out the implications of buying a leasehold house in Hampstead Garden Suburb ?
Most houses in Hampstead Garden Suburb are freehold rather than leasehold. In this scenario it’s worth having a local solicitor who is familiar with the area who can assist with the conveyancing process. We note that you are buying in Hampstead Garden Suburb so you should seriously consider looking for a Hampstead Garden Suburb conveyancing practitioner and check that they have experience in advising on leasehold houses. First you will need to check the number of years remaining. Being a lessee you will not be entirely free to do whatever you want to the property. The lease will likely included provisions for example requiring the landlord’spermission to carry out alterations. It may be necessary to pay a service charge towards the upkeep of the estate where the property is located on an estate. Your solicitor will appraise you on the various issues.
We have reached the end of our tether in trying to reach an agreement for a lease extension in Hampstead Garden Suburb. Can the Leasehold Valuation Tribunal adjudicate on premiums?
Most definitely. We can put you in touch with a Hampstead Garden Suburb conveyancing firm who can help.
An example of a Lease Extension matter before the tribunal for a Hampstead Garden Suburb premises is FFF, 37 and Garage 1, Queensborough Court North Circular Road in September 2012. The Tribunal determined that the premium for the lease extension should be £67,037 This case was in relation to 1 flat. The unexpired term as at the valuation date was 23.66 years.