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

It’s unusual for properties in Page Green and has limited impact for conveyancing in Page 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 have existed for many centuries, but the Rent Charge Act 1977 barred the establishment of new rentcharges from 1977 onwards.

Previous rentcharges can now be redeemed by making a lump sum payment under the Act. Any rentcharges that are still in existence after 2037 will be extinguished.

I am buying a semi-detached house in Page Green. Conveyancing solicitors are said to be ‘a necessary evil’ but can I do it myself?

Leaving aside the complexities and merits of DIY conveyancing in Page Green you will have to appoint a solicitor on your bank's conveyancing panel to look after their interests. Most people therefore find it easier to let the solicitor act for them and the lender. Furthermore there is minimal cost savings to be made in you doing conveyancing for yourself and another lawyer conducting the conveyancing for the lender. Please feel free to use the search tool to find a lawyer on your lender panel in Page Green.

Forgive me if this question is silly but I am unexperienced as FTB of a garden flat in Page Green. Do I collect the keys to the premises on completion from my conveyancer? If so, I will instruct a local conveyancing solicitor in Page Green?

On the day of completion you do not need to attend the conveyancers office in Page Green. Your solicitors will transfer the completion advance to the owner’s conveyancers, and once they have received this, you should be called to collect the keys from the property Agents and start moving into the property. This tends to happen between 1 and 3pm.

I have been advised by my conveyancer that lack of planning permission insurance is required on my purchase. What is the typical level of cover needed for conveyancing in Page Green?

The right level of lack of planning permission indemnity insurance depends on your lender. It would differ for example between Lloyds TSB Bank and Norwich and Peterborough Building Society. Conveyancing solicitors as opposed to borrowers take out such policies.

Last month we had a mortgage agreed in principle with Bank of Ireland. Page Green conveyancing lawyers were appointed. How long does it take for Bank of Ireland to forward the offer to the conveyancer?

There is no definitive answer here. Have Bank of Ireland conducted the valuation? Have you informed Bank of Ireland as to your lawyers' details and checked that your lawyers are on the Bank of Ireland conveyancing panel? Sometimes it can take as long as six weeks for a mortgage offer to be issued.

We are buying a house and the lawyer has raised the issue of Chancel Repair for which the property may be obligated to pay given it’s proximity to the area of such a church. She has suggested insurance. Is this really appropriate for conveyancing in Page Green

Unless a previous purchase of the premises completed after 12 October 2013 you may expect lawyers handling conveyancing in Page Green to remain recommending a chancel search and or chancel repair liability insurance.

I have tried to negotiate informally with with my landlord for a lease extension without any joy. Can a leaseholder apply to the Leasehold Valuation Tribunal? Can you recommend a Page Green conveyancing firm to assist?

in cases where there is a absentee freeholder or where there is disagreement about the premium for a lease extension, under the Leasehold Reform, Housing and Urban Development Act 1993 it is possible to make an application to the LVT to make a decision on the amount due.

An example of a Freehold Enfranchisement matter before the tribunal for a Page Green residence is 22 Wakefield Road in January 2012. Following a vesting order Clerkenwell and Shoreditch County Court under section 26 of the Leasehold Reform,Housing and Urban Development Act 1993 on 9th May 2011 the Tribunal decided that the price that the Applicant for the freehold interest should pay is £17,400 This case affected 2 flats. The number of years remaining on the existing lease(s) was 74.13 years.

In relation to leasehold conveyancing in Page Green what are the most frequent lease problems?

Leasehold conveyancing in Page Green is not unique. Most leases are unique and drafting errors can result in certain provisions are missing. For example, if your lease is missing any of the following, it could be defective:

Repairing obligations to or maintain elements of the premises Insurance obligations

A defective lease will likely cause issues when trying to sell a property primarily because it impacts on the ability to obtain a mortgage on the property. HSBC Bank, Barnsley Building Society, and Bank of Ireland all have very detailed conveyancing instructions when it comes to what is expected in a lease. Where a lender has been advised by their lawyers that the lease is defective they may refuse to provide security, obliging the buyer to pull out.