I purchased a freehold residence in Holly Village yet pay rent, why is this and what is this?

It is rare for properties in Holly Village and has limited impact for conveyancing in Holly Village 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 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 will be extinguished.

There are a variety of conveyancing solicitors in Holly Village but how do I know who's good?

We would encourage you not to go for the cheapest Holly Village conveyancing fees. You really do get what you’re paying for when it comes to property lawyers. A cheap quote may mean that the conveyancing solicitor is handling a lot of jobs at one time and you won’t get the quality of service and the attention that you need. It is, however, wise to use a conveyancer who has a fixed fee on a no sale, no fee basis. This way, you know exactly what you’ll have to pay in advance.

Can I be sure that the Holly Village conveyancing solicitor on the UBS panel is any good?

When it comes to conveyancing in Holly Village seeking recommendations is a good starting point. Before you go ahead, check if they offer a no sale no fee offer. Also, you often get what you pay for - a firm which quotes more, will often provide a better service than one which is cheap as chips. We would always advocate that you speak with the solicitor carrying out your transaction.

We are getting the release of further funds on our home loan from RBS as we wish to carry out improvements to our property in Holly Village. Are we obliged to select a bricks and mortar Holly Village solicitor on the RBS conveyancing panel to deal with the legals?

RBS don't usually appoint firms on their conveyancing panel to handle such a matter. If they do require any legal work then you would need to ensure that such a lawyer was on the RBS list.

How does conveyancing in Holly Village differ for new build properties?

Most buyers of new build or newly converted property in Holly Village come to us having been asked by the seller to exchange contracts and commit to the purchase even before the house is completed. This is because new home sellers in Holly Village typically buy the land, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct property lawyers as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are used to new build conveyancing in Holly Village or who has acted in the same development.

I am looking into buying my first house which is in Holly Village and I am already nervous. I couldn't find anything specific about Holly Village. Conveyancing will be needed in due course but do you know about the Holly Village area? or perhaps some other tips you can share?

Rather than looking online forget looking online you should go and have a look at Holly Village. In the meantime here are some basic statistics that we found

My mum and dad are experiencing problems in finding their Holly Village land registry title on the site. They recall that back in the 60’s when they acquired the house there were complications with the address not being recognised in some systems.

Almost all properties in Holly Village should be revealed. Have you endevoured to search with simply the postcode. Ordinarily it will identify all the premises within the postcode. Assuming the property is recorded it will show up with a title number. If they bought 48 years ago it's conceivable it may be not yet registered. The property might still be revealed but with the title number identified as 'na'. In this scenario you will need to track down the original title papers which might be with your parent’s bank.