I am the registered owner of a freehold premises in Wenvoe but nevertheless charged rent, why is this and what is this?
It is rare for properties in Wenvoe and has limited impact for conveyancing in Wenvoe 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 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 after 2037 is to be extinguished.
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At name of site obtain an accurate costs illustration via a Solicitor or Licensed Conveyancer that understands the nuances of your conveyancing in Wenvoe. As opposed to estate agents and many comparison sites we are not in the business of charging firms a commission if you choose them for your property ownership legalities in Wenvoe
In my capacity as executor for the estate of my grandfather I am selling a property in Cardiff but live in Wenvoe. My solicitor (approximately 260 miles awayrequires that I sign a statutory declaration ahead of the transaction finalising. Can you recommend a conveyancing lawyer in Wenvoe who can witness this legal document for me?
Technically speaking you are not likely to need to have the documents attested by a conveyancing solicitor. Ordinarily or notary public or solicitor will suffice regardless of whether they are Wenvoe based