I am the registered owner of a freehold property in Bridgnorth but still pay rent, why is this and what is this?

It is rare for properties in Bridgnorth and has limited impact for conveyancing in Bridgnorth 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 date back many centuries, but the Rent Charge Act 1977 barred the generation of fresh rentcharges from 1977 onwards.

Old 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.

I am looking to buy a property and need a conveyancing solicitor in Bridgnorth who is on the approved. Could you point me in the right direction as regards a solicitor?

Our service is limited to being a directory service for firms who wish to listed as being on the approved conveyancing panel for in certain locations such as Bridgnorth. We dont recommend any particular firm.

What will a local search reveal about the property we're buying in Bridgnorth?

Bridgnorth conveyancing often starts with the submitting local authority searches directly from your local Authority or through a personal search company such as Onsearch The local search is essential in every Bridgnorth conveyancing purchase; as long as you wish to avoid any nasty once you have moved into your new home. The search will reveal data on, amongst other things, details on planning applications applicable 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 subject headings.

I'm buying my first flat in Bridgnorth with a mortgage from . The builders refused to budge the amount so I negotiated five thousand pounds worth of additionals instead. The property agent suggested that I not inform my lawyer about the deal as it could impact my mortgage with the lender. Do I keep my lawyer in the dark?.

All lenders require a Disclosure of Incentives Form from the builder of any new build, converted or renovated property, It is available online from the Lenders’ Handbook page on the CML website. CML form is completed and handed to the lender's surveyor when the inspection is done.

Lenders have different policies on incentives. Some accept none at all, cash or physical, while others will accept cash incentives up to 5%.

Hard to understand why the representative of a builder would be suggesting you withold information from a solicitor when all this will be clearly visible on forms the builder has to supply to its solicitor, the buyer's solicitor and the surveyor.

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

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