I am expecting a mortgage offer from Halifax. My intention is to use a Licensed Conveyancer in Dunvant. Does the Halifax Conveyancing panel include conveyancers regulated by the CLC?
The Halifax conveyancing panel is, like many other lenders, represented by the Council or Mortgage Lenders or BSA, open to Licensed Conveyancers regulated by the CLC.
I own a freehold residence in Dunvant but nevertheless charged rent, why is this and what is this?
It’s unusual for properties in Dunvant and has limited impact for conveyancing in Dunvant 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 fresh rentcharges post 1977.
Previous rentcharges can now be extinguished by making a lump sum payment under the Act. Any rentcharges that are still in existence after 2037 is to be dispensed with completely.
Hoping to buy a property located in Dunvant and I am already nervous. I couldn't find anything specific about Dunvant. Conveyancing will be needed in due course but do you know about the Dunvant area? or perhaps some other tips you can share?
Rather than looking online forget looking online you should go and have a look at Dunvant. In the meantime here are some basic statistics that we found
I am hoping to complete next month on a basement flat in Dunvant. Conveyancing solicitors assured me that they report fully tomorrow. Are there areas in the report that I should be focusing on?
The report on title for your leasehold conveyancing in Dunvant should include some of the following:
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You should have a good understanding of the insurance requirements Changes to the premises specifics of the parties to the lease, for example these could be the leaseholder, head lessor, landlord Advice as to the provision as set out in the lease to pay service charges - with regard to both the building, and the wider rights a tenant has The total extent of the premises. This might be the flat itself but could also incorporate a roof space or storage are if appropriate.
I own a leasehold flat in Dunvant, conveyancing was carried out half a dozen years ago. Can you work out an approximate cost of a lease extension? Comparable flats in Dunvant with an extended lease are worth £197,000. The ground rent is £55 invoiced every year. The lease ceases on 21st October 2080
With just 55 years unexpired we estimate the price of your lease extension to span between £31,400 and £36,200 plus professional fees.
The suggested premium range that we have given is a general guide to costs for renewing a lease, but we are not able to provide 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 other issues that need to be taken into account and you obviously want to be as accurate as possible in your negotiations. Please do not take any other action based on this information before seeking the advice of a professional.
Is there a distinction between surveying and conveyancing in Dunvant?
Conveyancing - in Dunvant or anywhere in England and Wales - is the legal term given to transferring legal title of property from one person to another. It therefore includes the investigation of the title. Whether buying or selling, you should be aware of anything affecting the property such as proposals by government departments, illegal buildings, or outstanding rates. The conveyancer should conduct the appropriate searches and inquiries on the property. Surveying relates to the structure of a property itself. A surveyor will look at a house, flat and any outbuildings you are purchasing and will help you find out about the condition of the building and, if there are problems, give you leverage for negotiating the purchase price down or asking the seller to remedy the problems prior to you complete your move.