I own a freehold premises in Hengoed yet invoiced for rent, why is this and what is this?
It’s unusual for properties in Hengoed and has limited impact for conveyancing in Hengoed 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 establishment of fresh rentcharges from 1977 onwards.
Previous rentcharges can now be extinguished by making a one off payment under the Act. Any rentcharges that are still in existence after 2037 will be extinguished.
I am assisting my niece sell her house in Hengoed. Does the conveyancing solicitor commission an energy assessment or it is for the owner to see to?
Following the abolition of Home Information Packs, EPC’s was left as a required element of selling a house. An energy performance certificate must be to hand in advance of the property being placed on the market. It is not something that law firms normally arrange. Where you are instructing a Hengoed conveyancing practitioner they might help arrange EPC’s given their relationships with long established Hengoed energy assessors
I can not work out if my lender requires a lease extension. I have telephoned my Hengoed bank branch on numerous occasions and was told it wasn't a problem and they would lend. My Hengoed conveyancing solicitor - who is on the bank conveyancing panel- telephoned to say that they would not lend in accordance with their specific requirements. I have no idea who is right.
Your conveyancing practitioner must comply with the Council of Mortgage Lenders’ Handbook Part 2 provisions for your lender. Unless your lawyer obtains specific confirmation in writing that the mortgage company will go ahead, your lawyer has no choice but to refrain from exchanging contract and committing you to the purchase. We would suggest that you ask the lender to contact your lawyer in writing confirming that they will accept the number of years remaining.
I recently had an offer agreed on an apartment in Hengoed. My mortgage broker suggested a solicitor. I paid an upfront payment of £175. Soon after, the lawyer called me sheepishly admitting that they were not on the HSBC conveyancing panel. Am I right in thinking that I should be due a refund?
You should be able to recover this from the law firm if they were not on the HSBC panel. They should have asked at the outset which lender you were obtaining a mortgage with. An important lesson to readers of this site is to check that the lawyers are on the appropriate lender panel.
I have recentlyfound out that Stirling Law have closed. They carried out my conveyancing in Hengoed for a purchase of a leasehold apartment 9 months ago. How can I be sure that the property is in my name in the name of the former proprietor?
The easiest way to see if the premises is registered to you, you can make a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Hengoed conveyancing specialists.
I am looking for a ground for flat up to £305k and identified one round the corner in Hengoed I like with open areas and transport links in the vicinity, however it only has 52 years unexpired on the lease. I can't really find anything else in Hengoed for this price, so just wondered if I would be making a grave error acquiring a short lease?
Should you need a mortgage that many years will likely be a potential deal breaker. Reduce the price by the amount the lease extension will cost if not already taken into account. If the current owner has owned the premises for at least 2 years you can request that they commence the lease extension formalities and pass it to you. An additional ninety years can be extended on to the existing lease and have £0 ground rent by law. You should speak to your conveyancing lawyer about this matter.
I am looking into buying my first house which is in Hengoed and I am already nervous. I couldn't find anything specific about Hengoed. Conveyancing will be needed in due course but do you know about the Hengoed area? or perhaps some other tips you can share?
Rather than looking online forget looking online you should go and have a look at Hengoed. In the meantime here are some basic statistics that we found
My partner and I are searching for a value for money conveyancing lawyer in Hengoed to help me sell my place. I am aware of the possibility of getting ripped off but with plenty Hengoed conveyancing practices out there...who do I opt for?
To fee estimates for your move from the conveyancing firms that offers services in Hengoed please make the most of our quote tool.