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Recently asked questions about conveyancing in Felpham

Why would one use a Felpham conveyancing company when web based conveyancers are more affordable?

Its a good idea to shop around for conveyancing costs in Felpham and you should seek a competitive quote but don’t be focused with searching for the lowest priced Felpham conveyancer. Identifying the right conveyancer can be the distinction between a smooth and a distressing move. It is important that you ensure that you have expert advice from an experienced conveyancer. An e-mail can never be as helpful as a phone conversation and are no substitute for a face to face consultation. The firms that we work with will find you a qualified and top rated conveyancing solicitor who can deal with your conveyancing from beginning to end, providing a level of personalised service that you will never get with an internet conveyancer. Our lawyers will inform you as to any developments making sure that you are never in the dark. Should it ever be necessary to contact the office you will be sure who to ask for and we'll ensure you are in the know.

I am the registered owner of a freehold residence in Felpham but nevertheless invoiced for rent, why is this and what is this?

It is rare for properties in Felpham and has limited impact for conveyancing in Felpham 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 many centuries, but the Rent Charge Act 1977 barred the creation of new rentcharges post 1977.

Old rentcharges can now be extinguished by making a lump sum payment under the Act. Any rentcharges that are still in existence post 2037 is to be extinguished.

A relative suggested that if I am buying in Felpham I should carry out a Neighbourhood, Planning and Local Amenity Search. Can you explain what the purpose of this search is?

A search of this type is usually included in the estimate for your Felpham conveyancing searches. It is a large report of more than thirty pages, listing and setting out important information about Felpham around the property and the people living there. It includes an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the Felpham Housing Market, Council Tax Banding, the demographics of People living in the area, the dominant type of Housing, the Average House Prices, Crime statistics, Local Education with maps and statistics, Local Amenities and other useful information concerning Felpham.

I have just appointed agents to market my basement flat in Felpham. Conveyancing solicitors are to be appointed soon, but I have recently had a quarterly service charge demand – what should I do?

The sensible thing to do is pay the invoice as usual as all ground rent and maintenance payments will be apportioned as part of the financial calculations for completion monies, so you should recover the relevant percentage by the purchaser for the period running from after the completion date to the next payment date. Most management companies 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. Having a clear account will assist your cause and will leave you no worse off financially.

I inherited a ground floor flat in Felpham, conveyancing was carried out 8 years ago. How much will my lease extension cost? Similar properties in Felpham with an extended lease are worth £211,000. The average or mid-range amount of ground rent is £45 yearly. The lease terminates on 21st October 2092

With only 67 years left to run we estimate the price of your lease extension to range between £10,500 and £12,000 plus professional fees.

The figure above a general guide to costs for renewing a lease, but we are not able to provide a more accurate figure without more comprehensive investigations. You should not use the figures in tribunal or court proceedings. There may be additional issues that need to be considered and you obviously should be as accurate as possible in your negotiations. Please do not move forward based on this information without first seeking the advice of a professional.

What can I do to find out who owns a property in Felpham?

Provided the property is registered with HMLR, and you have enough specifics of the location of the property, you should be able to view results from the the Land Registry of the recorded proprietor for a for less than a fiver.

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