I am the registered owner of a freehold premises in Norwood Green but nevertheless charged rent, why is this and what is this?
It’s unusual for properties in Norwood Green and has limited impact for conveyancing in Norwood Green 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 generation of new rentcharges from 1977 onwards.
Previous rentcharges can now be extinguished by making a one off payment under the Act. Any rentcharges that are still in existence after 2037 is to be dispensed with completely.
We are planning to buy with Darlington Building Society. I went into 3 or 4 local practices yet am struggling to find a Norwood Green conveyancing firm on the Darlington Building Society approved list. Please you help?
You should make the most of the find a lender approved solicitor tool on this site. Please choose the mortgage company and type Norwood Green or your preferred area and you will be presented with a number of lawyer based in Norwood Green or by proximity to you.
I am helping my niece sell her house in Norwood Green. Does the solicitor commission the energy performance certificate or should I organise this?
Following the abolition of HIPs, EPC’s was kept a mandatory component of moving house. An EPC needs to be commissioned before the property is put on the market. It is not a task that conveyancers normally arrange. If you are instructing a Norwood Green conveyancing practitioner they may be willing to arrange energy performance certificates given their contacts with long established Norwood Green assessors
We had chosen solicitors locally in Norwood Green on the Clydesdale solicitor approved list. They have just invoiced me a supplemental charge for dealing with the Clydesdale mortgage. Is this a supplemental conveyancing fee specified by Clydesdale?
As unfair as it may appear, as long as it’s in their Terms and Conditions or Quote then yes your conveyancing practitioner is entitled to charge a fee for this. The fee is not set by Clydesdale but by your Norwood Green conveyancer. Plenty of firms on the Clydesdale panel will charge ’dealing with mortgage’ fee but some firms include it on their overall fee.
Can I be sure that the Norwood Green conveyancing solicitor on the TSB panel is any good?
When it comes to conveyancing in Norwood Green obtaining recommendations is a sensible start. Before you go ahead, check if they offer a no sale no fee offer. Also, you often get what you pay for - a firm which quotes more, will often provide a better service than one advertising the lowest fees. We would always advocate that you speak with the solicitor carrying out your transaction.
I only have 62 years unexpired on my flat in Norwood Green. I am keen to extend my lease but my freeholder is can not be found. What options are available to me?
On the basis that you qualify, under the Leasehold Reform, Housing and Urban Development Act 1993 you can apply to the County Court for an order to dispense with the service of the initial notice. This will mean that your lease can be granted an extra 90 years by the magistrate. However, you will be required to demonstrate that you or your lawyers have used your best endeavours to find the freeholder. For most situations a specialist would be helpful to conduct investigations and to produce an expert document which can be accepted by the court as proof that the landlord is indeed missing. It is advisable to get professional help from a solicitor both on investigating the landlord’s absence and the application to the County Court covering Norwood Green.
Despite our best endeavours, we have been unsuccessful in seeking a lease extension in Norwood Green. Can this matter be resolved via the Leasehold Valuation Tribunal?
in cases where there is a absentee landlord or where there is disagreement about what the lease extension should cost, under the relevant statutes you can apply to the Leasehold Valuation Tribunal to determine the premium.
An example of a Freehold Enfranchisement decision for a Norwood Green premises is 6 Jessamine Road in August 2013. The Tribunals valuation (as annexed to the decision) calculated the amount payable as £18,355 for the freehold reversion This case was in relation to 2 flats. The unexpired term as at the valuation date was 72.39 years.
I have been recommended a conveyancing solicitor in Norwood Green. I I would like to check if they are on the lender's approved list of lawyers. Could you or the bank confirm if they are on the panel?
It’s a good idea call the conveyancer to enquire if they are on the bank's panel. Alternatively please get in touch with us and we can make some checks for you. Should the firm not be on the conveyancing panel we we can help find a specialist conveyancing solicitor in Norwood Green on the approved list for your lender.