I own a freehold premises in St Annes Park but nevertheless invoiced for rent, why is this and what is this?
It is rare for properties in St Annes Park and has limited impact for conveyancing in St Annes 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 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 lump sum payment under the Act. Any rentcharges that are still in existence in 2037 will be dispensed with completely.
I am purchasing a flat and need a conveyancing solicitor in St Annes Park who is on the Bank of Scotland solicitor. Can you recommend a local conveyancing firm?
Our service is limited to being a directory service for firms who wish to listed as being on the approved conveyancing panel for Bank of Scotland in certain locations such as St Annes Park. We dont recommend any particular firm.
is it true that all St Annes Park solicitors on the TSB conveyancing panel are overseen by the Solicitors Regulatory Authority?
As a firm of solicitors, in order to be on the TSB conveyancing panel they would need to be regulated by the SRA. Some lenders do allow licenced conveyancers on their panel in which case such firms would be regulated by the Council of Licensed Conveyancers.
I have today made my last payment due on my mortgage with Kent Reliance. I assume I don't need a St Annes Park conveyancer on the Kent Reliance panel to remove the mortgage at the Land Registry. Am I right?
If you have finished paying off your Kent Reliance mortgage, they may send you evidence showing that you have paid it off. Alternatively they may notify the Land Registry directly. The Land Registry need to see this evidence before they will remove the Kent Reliance mortgage from the register. Kent Reliance, and any evidence they send you, will determine the action you need to take. In cases where no conveyancer is acting for you and you have paid off your mortgage:
- but are not moving to another property
- where Kent Reliance has sent the Land Registry the discharge electronically, and
- Kent Reliance has instructed the Land Registry to do so
I am currently in the process of buying my council flat in St Annes Park. I have a mortgage offer with Leeds Building Society. 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 Leeds Building Society, you will need to appoint a solicitor on the Leeds Building Society conveyancing panel.
I understand that there are debates on Chancel Insurance on online forums. Am I compelled to take this when purchasing a property in St Annes Park? or Apparently there is a law dating back centuries that means some owners of property living in a parish church boundary may be liable to contribute towards maintenance to the chancel in proximity to the church. Is this appropriate for conveyancing in St Annes Park?
Unless a prior acquisition of the premises completed post 12 October 2013 you may expect solicitors conducting conveyancing in St Annes Park to continue to propose a a chancel search and or chancel repair liability insurance.
My company is looking to lease a unit on the high street. Can you recommend lawyers offering no-sale-no charges for commercial conveyancing in St Annes Park for less than £2000?
We are happy to recommend firms who have well rounded knowledge of commercial conveyancing in St Annes Park, including the sale and acquisition of businesses as well as simply property. Whether you are intending to purchase or lease a shop, pub, restaurant, office, retail unit or a whole business we can find you the right firm. Regarding the charges these will vary based on the structure and heads of terms of the deal. Please provide us with your contact information or email so as to enable us to furnish you with a fixed commercial conveyancing calculation.
Two months into a sale of a flat in St Annes Park. Conveyancing lawyers are doing their job but we have been asked to pay a fortune from the landlord. To date we have issued a cheque for £225 for a leasehold management information and then a further £118 for supplemental queries supplied by the buyers conveyancer.
You will not have any say over the level of the charges for this information but the average costs for the information for St Annes Park leasehold property is £350. For St Annes Park conveyancing deals it is standard for the owner to pay for these costs. The freeholder or their agents are not duty bound to address these questions although many will be willing to do so - albeit often at exorbitant prices where the fees bear little relation to the work involved. Regretfully there is no law that requires fixed fees for administrative tasks. Neither is there any prescriptive time frame by which they are obliged to provide the information.