I purchased a freehold premises in Seascale and Sellafield yet invoiced for rent, why is this and what is this?
It is rare for properties in Seascale and Sellafield and has limited impact for conveyancing in Seascale and Sellafield 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 establishment of fresh rentcharges post 1977.
Old rentcharges can now be redeemed by making a one off payment under the Act. Any rentcharges that are still in existence post 2037 is to be dispensed with completely.
How does conveyancing in Seascale and Sellafield differ for new build properties?
Most buyers of new build property in Seascale and Sellafield come to us having been asked by the seller to sign contracts and commit to the purchase even before the house is constructed. This is because house builders in Seascale and Sellafield usually purchase the real estate, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct conveyancing solicitors as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are used to new build conveyancing in Seascale and Sellafield or who has acted in the same development.
What is different about your site and other internet conveyancing brokers for conveyancing in Seascale and Sellafield?
At this site receive a conveyancing costs illustration from a Solicitor or Licensed Conveyancer that has a full understanding of the issues for your conveyancing in Seascale and Sellafield. As opposed to estate agents and brokerage sites we are not in the business of charging firms a commission if you instruct them for your property ownership legalities in Seascale and Sellafield
Should I go with a Seascale and Sellafield conveyancing solicitor who is local to the property I am buying? I have an old university friend who can handle the legal formalities however her office is 300miles drive away.
The primary upside of using a high street Seascale and Sellafield conveyancing practice is that you can pop in to execute paperwork, present your identification documents and pester them where appropriate. They will also have local intelligence which is a bonus. That being said nothing is more important than finding someone that will do a good and efficient job. If other friends have instructed your friend and they were impressed that must trump using an unfamiliar Seascale and Sellafield conveyancing lawyer solely due to them being Seascale and Sellafield based.
Why is New Build conveyancing in Seascale and Sellafield more costly?
Conveyancing in Seascale and Sellafield for recently converted or new build homes often involve adoption of highways & drains, building regulations approval, planning permission, new build warranties such NHBC as well as further investigations and contractual concerns.