Would the conveyancing practitioners that are recommend execute auction conveyancing in Underwood?
There are a few niche lawyers we can connect you with those conducting auction conveyancing. Underwood is one of the many locations in which our lawyers cover.
I am the registered owner of a freehold house in Underwood yet pay rent, why is this and what is this?
It’s unusual for properties in Underwood and has limited impact for conveyancing in Underwood 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 generation of fresh rentcharges post 1977.
Previous rentcharges can now be redeemed by making a one off payment under the Act. Any rentcharges that are still in existence post 2037 will be dispensed with completely.
I have 70 years unexpired on my lease and require a lease extension for my flat in Underwood. Conveyancing solicitors on the Accord Mortgages panel can deal with such extensions right?
Most leasehold conveyancing experts should be able to deal with a lease extension. if you are obtaining a mortgage then your lender may insist that the lease be extended before competition. Accord Mortgages have specific requirements as set out in the UK Finance Lenders’ Handbook in relation to minimum unexpired lease terms. As of 14/9/2025 the requirements read as follows :
The deeds to my home can not be found. The solicitors who handled the conveyancing in Underwood 10 years ago have long since closed. What are my options?
In today’s world there are duplicates made of almost everything, and your lawyer should be aware exactly where to look for all the appropriate paperwork so you may purchase or dispose of your house without a hitch. If duplicates are not available, your solicitor can arrange cover in the form of insurance or indemnities protecting you against possible claims on your premises.
I have just started marketing my basement apartment in Underwood. Conveyancing is yet to be initiated, but I have just received a quarterly maintenance charge demand – should I leave it to the buyer to sort out?
The sensible thing to do is discharge the invoice as usual given that all ground rent and service payments should be allotted as part of the financial calculations for completion monies, so you will be reimbursed by the buyer for the period running from after the completion date to the next payment date. Most managing agents will not acknowledge the buyer until the service charges have been paid and are up to date, so it is important for both buyer and seller for the seller to show that they are up to date. This will smooth the conveyancing process.
Underwood Leasehold Conveyancing - Sample of Queries Prior to buying
-
The majority of Underwood leasehold properties will be liable to pay a service bill for the upkeep of the block levied on behalf of the management company. Should you buy the property you will have to meet this contribution, usually quarterly throughout the year. This could be anything from a few hundred pounds to thousands of pounds for bigger purpose-built blocks. There will also be a rentcharge to be met annual, this is usually not a significant sum, say approximately £50-£100 but you need to enquire as occasionally it could be prohibitively expensive. Its a good idea to discover as much as possible concerning the managing agents as they will affect your use and enjoyment of the property. As the proprietor of a leasehold property you are frequently at the mercy of the managing agents from a financial perspective and when it comes to practical issues like the upkeep of the communal areas. Ask other tenants whether they are happy with their service. In conclusion, investigate as to the dates that the service fees are due to the relevant party and specifically how they are spending that money. Make sure you investigate if there are any onerous restrictions in the lease. For example it is reasonably common in Underwood leases that pets are not permitted in in a block in Underwood. If you love the propertyin Underwood but your dog can’t move with you then you will be faced hard compromise.