I purchased a freehold premises in Upper Clapton but still invoiced for rent, why is this and what is this?

It is rare for properties in Upper Clapton and has limited impact for conveyancing in Upper Clapton 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.

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.

Is it possible to swap solicitor as I need to instruct a firm on the Barclays conveyancing panel. I had appointed a family conveyancing solicitor in Upper Clapton round the corner but she is not approved by Barclays

We will our best to assist in finding you a conveyancing solicitor in Upper Clapton on the Barclays panel. Please note that the solicitors that we work with do not pay us fee if you instruct them and are under regulation of the SRA who regulate all conveyancing solicitors in Upper Clapton. In utilising the find a conveyancing solicitor tool on this website, you can compare and instruct different solicitors and conveyancers both nationally and in Upper Clapton.

I am a couple of weeks into a freehold purchase having been recommend to conveyancers by the high street agent to execute conveyancing in Upper Clapton. I am am extremely dissatisfied with the level of service. Can you you assist me in finding new lawyers?

They would need to be very bad to suggest replacing them. Has the mortgage been issued? In the event that it has you need to advise them of the new contact details and get the loan are re-sent. Your conveyancer needs to be on the banks panel to avoid supplemental expenses and frustration. That should be your first question of the new lawyers. Our search tool should help you find a lender approved solicitor for your conveyancing in Upper Clapton

I've recently bought a leasehold house in Upper Clapton. Do I have any liability for service charges relating to a period prior to my ownership?

In a situation where the service charge has already been demanded from the previous owner and they have not paid you would not usually be personally liable for the arrears. However, your landlord may still be able to take action to forfeit the lease. A critical element of leasehold conveyancing for your conveyancer to ensure to have an up to date clear service charge receipt before completion of your purchase. If you have a mortgage this is likely to be a requirement of your lender.

If you purchase part way through an accounting year you may be liable for charges not yet demanded even if they relate to a period prior to your purchase. In such circumstances your conveyancer would normally arrange for the seller to set aside some money to cover their part of the period (usually called a service charge retention).

I am the proprietor of a ground floor flat in Upper Clapton. In the absence of agreement between myself and the landlord, can the Leasehold valuation Tribunal make a decision on the premium payable for a lease extension?

Most definitely. We are happy to put you in touch with a Upper Clapton conveyancing firm who can help.

An example of a Lease Extension case for a Upper Clapton property is Flat 25, Stamford Hill Mansions Stamford Hill in April 2010. The Tribunal therefore determined that the premium to be paid by the lessee to the freeholder for the extension of the lease should be £28,984.00 This case affected 1 flat. The number of years remaining on the existing lease(s) was 59 years.

Whilst your website is a good idea there are many lawyers listed near Upper Clapton being on the lender conveyancing panel. Can you recommend a specific firm on the conveyancing panel for our lender?

We do not recommend specific Upper Clapton firms as the right Upper Clapton conveyancing solicitor for you depends on where your priorities lie. For example you may require a local firm with Upper Clapton knowledge or you might be looking for the low cost conveyancing. We recommend that you speak to 3 or 4 lawyers listed before you make your choice..