I purchased a freehold residence in West Dulwich but nevertheless invoiced for rent, why is this and what is this?
It is rare for properties in West Dulwich and has limited impact for conveyancing in West Dulwich 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 generation 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 is to be extinguished.
There is lots of information on this site concerning conveyancing in West Dulwich but what is your top tip for selecting the right conveyancer in West Dulwich
We would encourage you not to base your choice on the lowest West Dulwich conveyancing costs illustration. You really do get what you pay for when it comes to conveyancing solicitors. A cheap quote may mean that the conveyancing solicitor is handling a lot of jobs at one time and you won’t get the quality of service and the attention that you need. It is, however, wise to use a conveyancer who has a fixed fee on a no sale, no fee basis. This way, you go into the conveyancing with your eyes wide open.
What is the difference between a licensed conveyancer and conveyancing solicitor in West Dulwich
There are many registered licenced Conveyancers in West Dulwich and Solicitor firms in West Dulwich who provide Conveyancing services We would stress that the two are supervised by regulatory bodies with both specialising in the legal work in the home buying process. The two can deal with other property legal work such as remortgage conveyancing, lease extensions and transfer of equity conveyancing.
RBS have agreed my home loan in principle, my offer on a property in West Dulwich has been agreed to, now what?
Your property agent will need to know who your solicitors are (ensure that the lawyers are on the bank’s panel). Call up RBS or the broker and complete any relevant forms. RBS will appoint a valuer who will get in touch with the estate agent or vendor to book a time for the valuation to happen. Once carried out (assuming no problems) it takes about ten days to get a mortgage offer. RBS will send the offer to you and your solicitors. The legal work will then take it’s course according the nature and complexity of the conveyancing in West Dulwich.
I am looking for a flat up to £235,500 and found one close by in West Dulwich I like with amenity areas and railway links nearby, however it only has 61 years on the lease. There is not much else in West Dulwich suitable, so just wondered if I would be making a mistake purchasing a short lease?
Should you require a home loan the remaining unexpired lease term may be problematic. Reduce the price by the amount the lease extension will cost if not already taken into account. If the current owner has owned the premises for a minimum of 2 years you may request that they commence the lease extension formalities and then assign it to you. An additional ninety years can be extended on to the current lease term with a zero ground rent applied. You should speak to your conveyancing lawyer about this.
Is there anything unique about your site and alternative web based conveyancing solicitors for conveyancing in West Dulwich?
At this site secure a fixed fee costs illustration via a Solicitor or Licensed Conveyancer that appreciates the issues for your conveyancing in West Dulwich. As opposed to estate agents and many comparison sites we do not have commission deals with solicitors. Many agents and online brokers 'recommend' solicitors paying the most commission, as opposed to the best value conveyancing in West Dulwich
I own a leasehold flat in West Dulwich. Conveyancing and Norwich and Peterborough Building Society mortgage organised. I have received a letter from someone saying they have taken over the freehold. It included a demand for arrears of ground rent dating back to 1998. The conveyancing practitioner in West Dulwich who acted for me is not around. Do I pay?
First contact HMLR to make sure that the individual purporting to own the freehold is indeed the registered owner of the freehold reversion. It is not necessary to instruct a West Dulwich conveyancing practitioner to do this as it can be done on-line for a few pound. You should note that in any event, even if this is the legitimate landlord, under the Limitation Act 1980 no more than 6 years of rent can be collected.
My wife and I have hit a brick wall in trying to purchase the freehold in West Dulwich. Can the Leasehold Valuation Tribunal adjudicate on premiums?
Absolutely. We are happy to put you in touch with a West Dulwich conveyancing firm who can help.
An example of a Freehold Enfranchisement matter before the tribunal for a West Dulwich flat is 8 Deerbrook Road in May 2010. the Tribunal held that the enfranchisement price, in accordance with section 32 and Schedule 6 of the Leasehold Reform, Housing and Urban Development Act 1993 was £22,820, payable by the Applicants. By an order of the Lambeth County Court dated 17 June 2009 the case had been transferred to the Leasehold Valuation Tribunal for its determination of the premium payable This case related to 3 flats.
I am buying a property and require a conveyancing solicitor in West Dulwich who is on the bank solicitor panel. Can you recommend a West Dulwich or local West Dulwich solicitor?
Our service is limited to being a directory service for firms who wish to listed as being on the approved conveyancing panel for the lender who conduct conveyancing in West Dulwich. We dont recommend any particular solicitor.