I am the registered owner of a freehold premises in Rusholm but nevertheless charged rent, why is this and what is this?
It is rare for properties in Rusholm and has limited impact for conveyancing in Rusholm 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 creation of fresh rentcharges from 1977 onwards.
Old rentcharges can now be redeemed by making a lump sum payment under the Act. Any rentcharges that are still in existence post 2037 is to be dispensed with completely.
When it comes to mortgage companies such as TSB, do Rusholm property lawyers incur a fee to be on the list of approved solicitors?
We are not aware of any lender fees to be on their list of approved firms, although some do charge an administration charge to deal with the processing of the conveyancing panel application.
I have today made my last payment due on my mortgage with Leeds Building Society. I assume I don't need a Rusholm property lawyer on the Leeds Building Society panel to remove the mortgage at the Land Registry. Please confirm.
If you have finished paying off your Leeds Building Society mortgage, they may send you evidence showing that you have paid it off. Alternatively they may notify the Land Registry directly. The Land Registry need to see this evidence before they will remove the Leeds Building Society mortgage from the register. Leeds Building Society, and any evidence they send you, will determine the action you need to take. In cases where no conveyancer is acting for you and you have paid off your mortgage:
- but are not moving to another property
- where Leeds Building Society has sent the Land Registry the discharge electronically, and
- Leeds Building Society has instructed the Land Registry to do so
Skipton have agreed my mortgage in principle, my offer on a property in Rusholm has been accepted, what are the next steps?
Your estate agent will wish to know who your solicitors are (be sure the property lawyers are on the lender’s panel). Contact Skipton or the broker and finish off any outstanding forms. Skipton will sellect a valuer who will get in contact with the selling agent or owners to book an appointment. Once carried out (assuming no problems) it takes about a week for the mortgage offer to be issued. Skipton will issue the offer to you and your conveyancers. The legal work will then take it’s course according the nature and complexity of the conveyancing in Rusholm.
Have purchased a a semi-detached house in Rusholm , how long should it take for the Land Registry to record my proprietorship? My Rusholm conveyancing solicitor works at snail pace, so I want to check that my purchase is registered.
As far as conveyancing in Rusholm registration is no quicker or slower than the rest of England and Wales. As opposed to being determined by geographic area, timescales can differ depending on who lodges the application, whether there are errors and whether the Land registry must send notices to any other parties. As of today roughly three quarters of submission are completed within 12 days but occasionally there can be longer hold-ups. Historically registration takes place after the new owner is living at the property so 'speed' is not usually an essential issue yet if it is urgent that the the registration takes place urgently then you or your solicitor can contact the land registry and explain the circumstances.
How can the Landlord & Tenant Act 1954 affect my commercial property in Rusholm and how can your lawyers assist?
The particular law that you refer to affords a safeguard to commercial lessees, granting the dueness to apply to court for a new tenancy and continue in occupation when the lease reaches an end. There are limited grounds that a landlord can refuse a lease renewal and the rules are complicated. We are happy to direct you to commercial conveyancing solicitors who use the act for protection and help with commercial conveyancing in Rusholm
How much experience do your Rusholm conveyancing solicitors have with Help To Buy, Shared Equity and similar schemes?
Rusholm conveyancing lawyers help thousands of buyers move home every year and assisted plenty of clients through the Help To Buy scheme. The chances are that whatever makes your case unique Rusholm conveyancers have worked on recent similar cases.