I own a freehold property in Stoke Sub Hamdon yet invoiced for rent, why is this and what is this?

It is rare for properties in Stoke Sub Hamdon and has limited impact for conveyancing in Stoke Sub Hamdon 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 hundreds of years, but the Rent Charge Act 1977 barred the establishment of new 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 in 2037 will be extinguished.

I used Wolstenholmes a few years ago for my conveyancing in Stoke Sub Hamdon. I now require my file however the law firm has closed. What do I do?

You should call the Solicitors Regulatory Authority (SRA) to assist in tracing your conveyancing files. They can be contacted on please contact on 0870 606 2555. Alternatively, you should use their online form to make an enquiry. You will need to provide the SRA with as much information as possible to assist their search, including the name and address in Stoke Sub Hamdon of the conveyancing firm of solicitors you previously retained, the name of conveyancing solicitor with whom you had dealings, and the date on which you last had dealings with the firm.

The estate agent has sent us the confirmation of our purchase of a new build apartment in Stoke Sub Hamdon. Conveyancing is necessary evil at the best of times but I have never purchased a new build flat before. What sort of enquires would be asked in new build legal work.

Set out below are examples of a few leasehold new build enquiries that you should expect your new-build leasehold conveyancing in Stoke Sub Hamdon

Will control of the Management Company (if any) be handed over to purchasers on completion of the last sale or earlier? Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose? Where there is an Undertaking being granted there is the risk of forfeiture of the Headlease subject to relief if one or more of the Underlessees are willing to accept the original Head Lessee’s obligations as otherwise relief will be denied to the Underlessees. The only alternatives are the Head Lessor agreeing not to forfeit the Headlease or the Head Lessee guaranteeing to the Underlessees that it will not be in breach of the Headlease. Please supply a car parking plan.

In surfing the web for the words conveyancing in Stoke Sub Hamdon it brings up numerous conveyancerslocally. With so much choice what is the best way to find the suitable conveyancing solicitor for purchase transaction?

The ideal method of seeking the right conveyancer is via personal recommendation, so ask friends and those you trust who have acquired a property in Stoke Sub Hamdon or a local estate agent or mortgage broker. Charges for conveyancing in Stoke Sub Hamdon vary, so it's sensible to obtain at least four quotes from varying types of property lawyers. Be sure to seek confirmation what costs in the quote includes.

Expecting to exchange soon on a basement flat in Stoke Sub Hamdon. Conveyancing lawyers assured me that they report fully tomorrow. What should I be looking out for?

Your report on title for your leasehold conveyancing in Stoke Sub Hamdon should include some of the following:

The total extent of the demise. This may be the property itself but might incorporate a attic or cellar if applicable. You should know if the lease permits you to change or improve anything in the property- you should be made aware as to whether it applies to all alterations or just structural alteration, and whether licences for alterations is mandated necessary How long the lease is. You should be advised as what happens when the lease ends, and informed of the importance of the 80 year mark Who has the liability for repairing the window frames You would want to be sent a copy of the lease

Leasehold Conveyancing in Stoke Sub Hamdon - A selection of Queries Prior to Purchasing

Its a good idea to discover as much as possible regarding the managing agents as they will either make your living at the property much simpler or problematic. As the proprietor of a leasehold property you are often in the clutches of the managing agents both financially and when it comes to daily matters such as the cleanliness of the common parts. Ask prospective neighbours if they are happy with their service. In conclusion, investigate as to the dates that the maintenance fees are due to the appropriate party and precisely how they are spending the funds. Be sure to discover if there is anything that is prohibited in the lease. By way of example it is reasonably common in Stoke Sub Hamdon leases that pets are not allowed in certain buildings in Stoke Sub Hamdon. If you like the flatin Stoke Sub Hamdon however your cat can’t make the move with you then you will be faced hard determination.