I am the registered owner of a freehold residence in Hopton yet charged rent, why is this and what is this?
It’s unusual for properties in Hopton and has limited impact for conveyancing in Hopton 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 new 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 in 2037 will be extinguished.
Do I need to pay for insurance to cover chancel repairs when purchasing a house in Hopton?
Unless a prior acquisition of the premises took place post 12 October 2013 you may assume that solicitors conducting conveyancing in Hopton to continue to suggest a chancel search and or chancel repair liability insurance.
Is it possible to transfer to a new firm as I need to appoint a firm on the Birmingham Midshires conveyancing list. I instructed a local conveyancing solicitor in Hopton round the corner but the firm is not accepted by Birmingham Midshires
It would be our pleasure to help you find a conveyancing solicitor in Hopton on the Birmingham Midshires panel. Please note that the property lawyers that we on the directory do not pay us commission if you instruct them and are under regulation of the SRA who regulate all conveyancing solicitors in Hopton. Using search facility on this site, you can scrutinise costs for conveyancing solicitors in Hopton and throughout England and Wales.
Am I better off to go with a Hopton conveyancing solicitor based in the vicinity that I am purchasing? I have an old university friend who can conduct the conveyancing but they are based approximately 350miles away.
The benefit of a local Hopton conveyancing firm is that you can drop in to execute documents, hand in your ID and pester them where appropriate. Having local Hopton know how is a benefit. However nothing is more important than finding someone that will do a good and efficient job. If if people you trust used your friend and they were happy that should trump using an unfamiliar Hopton conveyancing lawyer just because they are based in the area.
I am buying a garden flat in Hopton. Conveyancing lawyer has been awaiting, from the vendor, building insurance documents. Earlier today I was informed that the owner must send the insurance documents for the flat above also. Why would my conveyancer want to see the insurance for the flat above? Is it strictly required? We have been waiting for the previous three weeks…
It is not impossible in leasehold conveyancing in Hopton to find Conveyancing in Hopton in a minority of cases reveals that the lease provides for the leasehold owners to insure their individual flats rather than the freeholder insuring the complete property - which is definitely preferable. You should check with your property lawyer but it would seem that your conveyancing practitioner is looking to verify that the entire building is insured. Insuring your flat is no help when it comes to rebuilding after a fire if the other flat cannot be rebuilt due to lack of insurance cover.