I purchased a freehold residence in Llandyrnog but still invoiced for rent, why is this and what is this?
It’s unusual for properties in Llandyrnog and has limited impact for conveyancing in Llandyrnog 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 new rentcharges post 1977.
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 extinguished.
Please help - my lawyer advises that missing deeds insurance is necessary on my purchase. What is the typical level of cover needed for conveyancing in Llandyrnog?
The appropriate level of missing deeds indemnity insurance depends on who your lender is. It would differ for example between Nationwide Building Society and The Mortgage Works. Conveyancing practitioners as opposed to members of the public take out such insurances.
I'm in the throws of looking at apartments in Llandyrnog and I am about to put in an offer. Is it too early to have a solicitor in place? I intend to finance via a home loan with Yorkshire BS.
It would be wise to commence your search sooner rather than later. Once you decide who you want to use and once your offer is accepted you can instruct them to work for you and forward their details on to the EA. Given that you are obtaining a mortgage with Yorkshire BS, make sure you remember to check that your lawyer is on the Yorkshire BS conveyancing panel.
I can not work out if my mortgage offer requires a lease extension. I have telephoned my Llandyrnog bank branch on numerous occasions and was advised it wasn't an issue and they would lend. My Llandyrnog conveyancing solicitor - who is on the bank conveyancing panel- telephoned and was told they will not lend in accordance with their UK Finance Lenders’ Handbook minimum lease term requirements. I simply don't know who is right.
The conveyancer must follow the CML Handbook section two specifications for your lender. Unless your lawyer obtains specific confirmation in writing that the lender 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.
Do commercial conveyancing searches disclose proposed roadworks that may affect a commercial land in Llandyrnog?
Its becoming the norm that commercial conveyancing solicitors in Llandyrnog will conduct a SiteSolutions Highways report as it reduces the time that conveyancers spend in looking into accurate data on highways that impact buildings and development assets in Llandyrnog. The search result sets out definitive information on the adoption status of roads, footpaths and verges, as well as the implication of traffic schemes and the rights of way surrounding a commercial development sites in Llandyrnog.
For every commercial conveyancing transaction in Llandyrnog it is critical to investigate the adoption status of roads surrounding a site. Failure to identify developments where adoption procedures have not been addressed adequately could cause delays to Llandyrnog commercial conveyancing transactions as well as present a risk to future intentions for the site. These searches are not ordered for residential conveyancing in Llandyrnog.
I have recentlydiscovered that Stirling Law have closed. They carried out my conveyancing in Llandyrnog for a purchase of a leasehold apartment 18 months ago. How can I check that the property is in my name in the name of the previous owner?
The easiest method to see if the premises is in your name, you can carry out 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 Llandyrnog conveyancing specialists.
I decided to have a survey carried out on a property in Llandyrnog ahead of appointing lawyers. I have been advised that there is a flying freehold aspect to the house. Our surveyor has said that some banks will not issue a mortgage on a flying freehold house.
It varies from the lender to lender. HSBC has different instructions for example to Halifax. If you call us we can investigate further with the appropriate bank. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Llandyrnog. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Llandyrnog to see if the conveyancing will be more expensive.
I am looking for a conveyancing practitioner in Llandyrnog for my house move. Can I review a firm’s complaints history with the profession’s regulator?
You can find published Solicitor Regulator Association (SRA) determinations arising from investigations from 2008 onwards. Go to Check a solicitor's record. To find details about the period before 1 January 2008, or to check a solicitors history, call 0870 606 2555, 08.00 - 18.00 any week day save for Tuesday when lines open at 9.30am. For non-uk callers, use +44 (0)121 329 6800. The SRA may recorded telephone calls for training purposes.