I am the registered owner of a freehold house in Putney Heath yet pay rent, why is this and what is this?
It’s unusual for properties in Putney Heath and has limited impact for conveyancing in Putney Heath 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 have existed for 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 lump sum payment under the Act. Any rentcharges that are still in existence post 2037 will be extinguished.
Do I need to take out insurance to address the risk of chancel repairs when buying a house in Putney Heath?
Unless a prior purchase of the house completed post 12 October 2013 you can expect solicitors conducting conveyancing in Putney Heath to continue to advocate a chancel search and or insurance against a claim.
five months have gone by following my purchase conveyancing in Putney Heath took place. I have checked the Land Registry site which shows that I paid £175,000 when infact I paid £160,000. 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 residence 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.
About to purchase a new build flat in Putney Heath. Conveyancing is necessary evil at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build conveyancing.
Here is a sample of a few leasehold new build questions that you should expect your new-build leasehold conveyancing in Putney Heath
Please supply a car parking plan. Forfeiture - bankruptcy or liquidation must not apply under this provision. The Vendor must covenant to keep unoccupied units in good repair until long leases are granted therefore. 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. The Lease must contain a provision on behalf of the Vendor to pay the service charges in respect of unoccupied units in order to ensure that all services can be provided.
My husband and I are first time buyers - agreed a price, yet the property agent advised that the vendor will only move forward if we instruct their recommended solicitors as they need an ‘expedited deal’. Our preferred option is to instruct a local solicitor with experience of conveyancing in Putney Heath
We suspect that the seller is unaware of this ultimatum. Should the vendor desire ‘a quick sale', alienating a genuine purchaser is not the way to achieve this. Avoid the agents and go straight to the sellers and make sure they comprehend that (a)you are keen to buy (b)you are excited to move forward, with mortgage lined up © you are chain free (d) you wish to move quickly (e)but you are going to appoint your own,trusted Putney Heath conveyancing solicitors - rather thanthose that will give the estate agent a commission or hit his conveyancing figures demanded by corporate headquarters.
What tools are available to search for a Putney Heath conveyancing solicitor on the lender conveyancing panel? I have a car and am prepared to travel up to 15kilometers to meet the lawyer.
Feel free to make use of the find a conveyancing panel tool on this website. Please choose the lender and your location, in this case Putney Heath and you will see a number of lawyer located nearest Putney Heath. Alternatively you can type in the name of your proposed law firm and see if they are listed as being on the mortgage company solicitor panel.