I am the registered owner of a freehold premises in Fulham but still charged rent, why is this and what is this?
It is rare for properties in Fulham and has limited impact for conveyancing in Fulham 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 hundreds of years, but the Rent Charge Act 1977 barred the establishment of fresh rentcharges from 1977 onwards.
Previous rentcharges can now be extinguished by making a one off payment under the Act. Any rentcharges that are still in existence after 2037 is to be extinguished.
We are planning to purchase with Norwich and Peterborough Building Society. I visited a few high street practices yet am struggling to find a Fulham conveyancing firm on the Norwich and Peterborough Building Society approved list. Could you assist?
You should take advantage of the search tool on this page. Please choose the lender and type Fulham or your location and you will be presented with a number of lawyer based in Fulham or by proximity to you.
A relative advised me that in buying a property in Fulham there may be various restrictions preventing external changes to a property. Is this right?
We are aware of a number of properties in Fulham which have some sort of restriction or requirement of consent to carry out external alterations. Part of the conveyancing in Fulham should determine what restrictions are applicable and advising you as part of a ROT that should be sent to you.
Are all Fulham Conveyancing Quality Solicitors on the RBS conveyancing panel?
A selection of banks and building societies now utilise CQS as the starting point for Panel membership such as HSBC and Santander. The Law Society’s CQS membership however is no guarantee to lender panel acceptance. Nevertheless,the CML have indicated that it is likely to become a pre-requisite for firms wishing to join their panels.
I'm in the process of looking at apartments in Fulham and I am about to put in an offer. Should I already have a conveyancer appointed at this point? I am planning to take a home loan with Co-operative.
It would be advisable to instigate your search sooner rather than later. After you have chosen your lawyer and once your offer is accepted you can instruct them to work for you and pass their contact information on to the estate agent. Given that you are taking out a mortgage with Co-operative, make sure you remember to check that your lawyer is on the Co-operative conveyancing panel.
What can a local search reveal concerning the property my wife and I purchasing in Fulham?
Fulham conveyancing often commences with the applying for local authority searches directly from your local Authority or via a personal search company such as Searchflow The local search is essential in every Fulham conveyancing purchase; as long as you don’t want any nasty once you have moved into your new home. The search will supply data on, amongst other things, details on planning applications relevant to the property (whether granted or refused), building control history, any enforcement action, restrictions on permitted development, nearby road schemes, contaminated land and radon gas; in all a total of 13 topic sections.
Taking into account that I will soon spend over three hundred thousand on a house in Fulham I would like to talk to a lawyer regarding thetransaction prior to appointing the firm. Is this something that you can arrange?
We could not agree more - it is our preference to talk to you we do not take any clients on without you speaking to the solicitor who will be conducting your property ownership legalities in Fulham.There is no ‘factory style conveyancing’ - every client is unique person, not a case reference. The solicitors that we put you in touch with believe that the figure you are provided with for your conveyancing in Fulham should be the amount on the final invoice that you are charged.