I own a freehold property in Ouston yet pay rent, why is this and what is this?
It is rare for properties in Ouston and has limited impact for conveyancing in Ouston 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 new rentcharges post 1977.
Previous rentcharges can now be extinguished by making a one off payment under the Act. Any rentcharges that are still in existence after 2037 is to be dispensed with completely.
Our lender has suggested solicitors on their panel based in Ouston but I would rather choose a conveyancing lawyer in Ouston or nearer to where I live. Can you help?
The minority of Ouston conveyancing practices are approved and listed on all banks conveyancing panel. Please make use of our find an approved solicitor tool to find a Ouston conveyancing conveyancer on the on the lender panel.
We are planning to move property in April. Will my conveyancing solicitor call the removal company on the completion day. As an aside, can you recommend a removal company in Ouston. Conveyancing solicitor was chosen prior to coming across your page.
On the day of completion you can pick up the keys from the selling agent but this can only be done once the sellers conveyancers advise the agent that they acknowledge receipt of the completion payment and the keys can be collected. After that you will need to inform the removal company that they can start moving you in. As a matter of policy we do not suggest a specific removal company but can assist you in choosing a residential property solicitor in Ouston or a lawyer that specialises in conveyancing in Ouston.
My wife and I purchasing a 3 bedroom semi in Ouston. The intention is to convert the garage to a playroom at the house.Will the conveyancing process involve investigations to determine if these alterations are prohibited?
Your solicitor will review the deeds as conveyancing in Ouston will sometimes reveal restrictions in the title deeds which prohibit certain changes or necessitated the consent of another owner. Many works require local authority planning consent and approval under the building regulations. Many locations are designated conservation areas and special planning restrictions apply which frequently prevent or impact extensions. It would be wise to check these things with a surveyor before you commit yourself to a purchase.
I am currently in the process of buying my council flat in Ouston. I have a mortgage agreed with Nationwide. Conveyancing is new to me. Can I proceed without a solicitor easily? I think we can but we keep being told I should use one. Any advice?
It is not advisable to proceed with a house purchase without a solicitor. The council's solicitor are not acting for you. You need a solicitor for a number reasons. One of which is to verify what plans the Council have for repairs and refurbishment for the next five years. Many leaseholders have been stung for contributions of thousands of pounds. In any event, if you are getting a mortgage with Nationwide, you will need to appoint a solicitor on the Nationwide conveyancing panel.
Various internet forums that I have visited warn that are a common reason for stalling in Ouston conveyancing transactions. Is there any truth in this?
The Council of Property Search Organisations (CoPSO) released conclusions of a review by MoveWithUs that conveyancing searches do not figure within the most frequent causes of delays in the conveyancing process. Local searches are not likely to be the root cause of delay in conveyancing in Ouston.
I have been on the look out for a leasehold apartment up to £305k and found one round the corner in Ouston I like with amenity areas and station in the vicinity, however it's only got 51 years unexpired on the lease. There is not much else in Ouston in this price bracket, so just wondered if I would be making a grave error buying a lease with such few years left?
If you need a mortgage the shortness of the lease may be an issue. Reduce the offer by the expected lease extension will cost if it has not already been discounted. If the existing owner has owned the property for at least 2 years you may ask them to start the process of the extension and then assign it to you. You can add 90 years to the existing lease and have £0 ground rent by law. You should speak to your conveyancing lawyer about this.
As co-executor for the estate of my father I am selling a property in Monmouth but live in Ouston. My conveyancer (who is 260 kilometers awayneeds me to sign a statutory declaration prior to the transaction finalising. Could you suggest a conveyancing lawyer in Ouston who can witness and place their company stamp on the document?
Technically speaking you are not likely to be required to have the documents attested by a conveyancing solicitor. Ordinarily or notary public or qualified solicitor will do regardless of whether they are based in Ouston