I own a freehold property in Twickenham Park yet charged rent, why is this and what is this?
It’s unusual for properties in Twickenham Park and has limited impact for conveyancing in Twickenham Park 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 from 1977 onwards.
Old rentcharges can now be extinguished by making a lump sum payment under the Act. Any rentcharges that are still in existence in 2037 will be extinguished.
I have been told that property searches are a common cause of stalling in Twickenham Park conveyancing transactions. Is this right?
The Council of Property Search Organisations (CoPSO) has noted the findings of a review by MoveWithUs that conveyancing searches do not figure within the most frequent causes of hindrances during the legal transfer of property. Searches are unlikely to feature in any delay in conveyancing in Twickenham Park.
I have recentlyfound out that Action Conveyancing have been shut down. They conducted my conveyancing in Twickenham Park for a purchase of a leasehold flat 10 months ago. How can I be sure that my home is not still registered in the name of the former proprietor?
The quickest way to see if the property is registered to you, 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 Twickenham Park conveyancing specialists.
Due to the input of my in-laws I had a survey completed on a property in Twickenham Park in advance of appointing conveyancers. I have been told that there is a flying freehold element to the property. My surveyor advised that some mortgage companies will not issue a loan on a flying freehold premises.
It varies from the lender to lender. Santander has different requirements for example to Halifax. If you contact us we can investigate further via the appropriate mortgage company. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Twickenham Park. Conveyancing may be slightly more expensive based on your lender's requirements.
Hoping to buy a property located in Twickenham Park and I am already nervous. I couldn't find anything specific about Twickenham Park. Conveyancing will be needed in due course but do you know about the Twickenham Park area? or perhaps some other tips you can share?
Rather than looking online forget looking online you should go and have a look at Twickenham Park. In the meantime here are some basic statistics that we found
My father-in-law has encouraged me to instruct his conveyancers in Twickenham Park. Do I take his guidance?
There are no two ways about it it’s preferable to select a conveyancing lawyer is to seek guidance from friends or family who have actually used the solicitor that you are contemplating using.
