I purchased a freehold premises in Connahs Quay yet pay rent, why is this and what is this?

It is rare for properties in Connahs Quay and has limited impact for conveyancing in Connahs Quay 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 many centuries, but the Rent Charge Act 1977 barred the creation of fresh rentcharges from 1977 onwards.

Previous rentcharges can now be redeemed by making a one off payment under the Act. Any rentcharges that are still in existence in 2037 is to be dispensed with completely.

I am purchasing a property and the solicitor has mentioned Chancel Repair for which the house may be obligated to contribute to as it falls into the area of such a church. He has recommended insurance. Is this strictly necessary for conveyancing in Connahs Quay

Unless a previous purchase of the premises completed after 12 October 2013 you can assume that solicitors handling conveyancing in Connahs Quay to remain recommending a chancel search and or insurance against a claim.

Are there restrictive covenants that are commonly picked up during conveyancing in Connahs Quay?

Restrictive covenants can be picked up when reviewing land registry title as part of the legal transfer of property in Connahs Quay. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’

What tools are available to locate a Connahs Quay solicitor on the Yorkshire Building Society conveyancing panel? I am a keen cyclist and am prepared to travel upto 10miles to meet the conveyancer.

Feel free to make use of the search on this website. Please choose the bank and your location and you will see a number of Connahs Quay conveyancing lawyers located nearest you. We have listed some Connahs Quay conveyancing firms at the bottom of this page and you can contact them to check whether they are on the Yorkshire Building Society member panel

Can you provide any advice for leasehold conveyancing in Connahs Quay with the purpose of saving time on the sale process?

• A significant proportion of the frustration in leasehold conveyancing in Connahs Quay can be reduced where you appoint lawyers the minute you market your property and ask them to collate the leasehold documentation needed by the buyers’ representatives.
The majority of freeholders or managing agents in Connahs Quay charge for supplying management packs for a leasehold home. You or your lawyers should discover the fee that they propose to charge. The management pack sought as soon as you have a buyer, thus reducing delays. The typical amount of time it takes to obtain the necessary information is three weeks. It is the most frequent cause of delay in leasehold conveyancing in Connahs Quay. A minority of Connahs Quay leases require Landlord’s consent to the sale and approval of the buyers. If this applies to your lease, you should place the estate agents on notice to make sure that the purchasers obtain financial (bank) and professional references. Any bank reference should make it clear that the buyer is financially capable of paying the yearly service charge and the actual amount of the service charge should be quoted in the bank’s letter. You will therefore need to provide your estate agents with the service charge figures so that they can pass this information on to the purchasers or their lawyers. You believe that you know the number of years left on your lease but you should verify this via your lawyers. A purchaser's conveyancer will be unlikely to recommend their client to to exchange contracts if the remaining number of years is below 80 years. It is therefore important at an early stage that you consider whether the lease for your property needs extending. If it does, contact your solicitors before you put your premises on the market for sale. If you have carried out any alterations to the premises would they have required Landlord’s approval? Have you, for example laid down wooden flooring? Most leases in Connahs Quay state that internal structural alterations or laying down wooden flooring calls for a licence issued by the Landlord consenting to such changes. If you dont have the approvals to hand you should not communicate with the landlord without contacting your lawyer before hand.

I acquired a 1st floor flat in Connahs Quay, conveyancing was carried out in 2010. Can you please calculate a probable premium for a statutory lease extension? Similar flats in Connahs Quay with a long lease are worth £179,000. The ground rent is £65 per annum. The lease ceases on 21st October 2082

You have 57 years unexpired the likely cost is going to be between £26,600 and £30,800 plus costs.

The figure above a general guide to costs for extending a lease, but we are not able to supply the actual costs in the absence of comprehensive investigations. You should not use this information in a Notice of Claim or as an informal offer. There are no doubt additional concerns that need to be taken into account and clearly you want to be as accurate as possible in your negotiations. Neither should you take any other action placing reliance on this information before getting professional advice.