I purchased a freehold premises in Caergwrle but still charged rent, why is this and what is this?

It is rare for properties in Caergwrle and has limited impact for conveyancing in Caergwrle 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 establishment of fresh rentcharges from 1977 onwards.

Previous rentcharges can now be extinguished by making a lump sum payment under the Act. Any rentcharges that are still in existence post 2037 will be extinguished.

My wife and I are buying a flat in Caergwrle. I might seem paranoid but how we can trust a conveyancer? On completion day we have to send our life savings into their account. What protection do we have from them run away with our money?

Be assured that all money in a Solicitors client account is 100% safe, and even if your Solicitor ran off with it, the Law Society would reimburse you fully.

We had selected solicitors with offices in Caergwrle on the solicitor panel. They have just billed me a further amount for handling the mortgage. Is this an additional conveyancing fee specified by ?

As unfair as it may appear, as long as it’s in their Terms and Conditions or Quote then yes your may levy a fee for this. The charge is not set by but by your Caergwrle . Some firms on the panel will levy ’dealing with mortgage’ fee but many firms include it on their overall fee.

I've read lots of house buying guides, I note that they all recommend that you should get your house surveyed prior to buying it. When I asked my local Caergwrle solicitor - who is on the conveyancing panel - on this she said they don't do this and I need to contract an independent surveyor. Is that normal?

will need an independent valuation of the property. Your lawyer will not arrange this. Usually will appoint their own surveyor to do this, and you will have to pay for it. Remember that this is a valuation for mortgage purposes and not a survey. Your will not organise the survey but they may be able to put you in touch with a local one that they recommend. RICS offers a find a surveyor service (just google it) where you can search for a qualified surveyor by your Caergwrle postcode. As you are getting a mortgage with , you could contact them to see if they have a list of approved surveyors in Caergwrle.

I am buying a new build flat in Caergwrle. Conveyancing is a frightening process at the best of times but I have never purchased a new build flat before. What sort of enquires would be asked in new build conveyancing.

Here is a sample of a few leasehold new build enquiries that you should expect your new-build leasehold conveyancing in Caergwrle

Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose? The Vendor must covenant to keep unoccupied units in good repair until long leases are granted therefore. If there are lifts in the building, please confirm that the owners of flats on the ground and basement floors will not be required to contribute towards the cost of maintenance and renewal. Please supply a car parking plan. Investor purchasers must be able to freely grant unsecured tenancies at market rents without requiring any consents.

I decided to have a survey done on a house in Caergwrle before appointing solicitors. I have been told that there is a flying freehold overhang to the house. My surveyor has said that some banks will not issue a mortgage on this type of property.

It depends who your proposed lender is. Bank of Scotland has different instructions for example to Birmingham Midshires. If you contact us we can check via the appropriate mortgage company. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Caergwrle. Conveyancing may be slightly more expensive based on your lender's requirements.

Being a tenant I am liable for a service charge for my appartment in Caergwrle. As a result of personal circumstances I fell into arrears with remittance. I negotiated a clearance plan but there remains about £2000 currently due.

I am under pressure to sell and I am nervous that this can jeopardize the sale if I have to settle the arrears first. Do I have to settle before - is this viable?

You should clarify with the handling your Caergwrle conveyancing but it may be possible to agree for the arrears to be attributed to the buyers. The purchase price due would be reduced to reflect the amount of debt they assume. They could then deal with the outstanding monies following completion of the purchase.