I am the registered owner of a freehold house in Royston but still invoiced for rent, why is this and what is this?
It is rare for properties in Royston and has limited impact for conveyancing in Royston 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 creation of new rentcharges post 1977.
Previous rentcharges can now be redeemed by making a one off payment under the Act. Any rentcharges that are still in existence after 2037 will be dispensed with completely.
I am assisting my sister sell her flat in Royston. Does the solicitor arrange an energy assessment or should I organise this?
After the demise of HIPs, EPC’s was maintained a compulsory part of selling a property. An energy performance certificate must be commissioned in advance of the property being marketed. It is not something that solicitors normally arrange. If you are using a Royston conveyancing lawyer they may help arrange energy performance certificates given their contacts with reputable local providers
This question may be naive but I am unseasoned as a 1st time purchaser of a garden flat in Royston. Do I collect the keys to the house on the completion date from my conveyancer? If so, I will use a local conveyancing solicitor in Royston?
There is no need to visit the lawyers office on the day of completion. Conveyancing lawyers for you will transfer the purchase money to the seller's lawyers, and shortly after the monies have arrived, you will be invited to pick up the keys from the selling Agents and move into your new home. This tends to happen between 1 and 3pm.
I happen to be the sole recipient of my late father’s estate with all property in now in my sole name, including the house in Royston. Conveyancing formalities meant that the Land Registry date was in April. I now wish to sell up. I do know about the Mortgage Lenders six month 'rule', which means that my property ownership may be regarded the same way as though I had purchased the property in April. Do I have to wait 6 months to sell?
The CML handbook instructs solicitors to: "report to us immediately if the owner or registered proprietor has been registered for less than six months." Technically you might be impacted by that. How practical a view lenders take of it, depend on the bank as this provision is primarily there to capture subsales or the quick reselling of properties.
three months have elapsed since my purchase conveyancing in Royston completed. I have checked the Land Registry site which shows that I paid £150,000 when infact I paid £170,000. 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 asset 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 apartment in Royston. Conveyancing is a frightening process at the best of times but I have never purchased a new build flat before. What sort of enquires would be asked in new build conveyancing.
Set out below is a sample of a selection of leasehold new build enquiries that you should expect your new-build leasehold conveyancing in Royston
The Landlord must covenant to assume the management if the Management Company goes into liquidation or otherwise defaults in running the management scheme. Please provide evidence that the form of Lease proposed has been approved by the Land Registry. Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose? 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. The Vendor must covenant to keep unsold units in good repair until long leases are granted therefore.
What tools are available to locate a Royston solicitor on the National Westminster Bank conveyancing panel? I have wheels and am prepared to travel upto 25miles to meet the solicitor.
Feel free to make use of the tool on this website. Please select a lender and your location and you will see a number of Royston conveyancing lawyers based on proximity. We have detailed some Royston conveyancing firms at the bottom of this page and you can ring them to check if they are on the National Westminster Bank panel
I need to find a conveyancing solicitor for remortgage conveyancing in Royston. I happened to chance upon a site which appears to be the ideal answer If it is possible to get all the legals completed via web that would be preferable. Do I need to be concerned? What should out be looking out for?
As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?