I purchased a freehold premises in Adwick le Street yet charged rent, why is this and what is this?

It is rare for properties in Adwick le Street and has limited impact for conveyancing in Adwick le Street 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 post 1977.

Old rentcharges can now be redeemed by making a lump sum payment under the Act. Any rentcharges that are still in existence post 2037 is to be extinguished.

My relative recommended that where I am buying in Adwick le Street I should ask my conveyancer to execute a Neighbourhood, Planning and Local Amenity Search. What does it cover?

A search of this type is occasionally included in the estimate for your Adwick le Street conveyancing searches. It is a large document of more than thirty pages, listing and detailing important information about Adwick le Street around the property and the people living there. It incorporates an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the Adwick le Street Housing Market, Council Tax Banding, the demographics of People living in the area, the dominant type of Housing, the Average House Prices, Crime statistics, Local Education with plans and statistics, Local Amenities and other useful information about Adwick le Street.

Have completed on a a terraced house in Adwick le Street , how long will it take for the Land Registry to record my proprietorship? My Adwick le Street conveyancing solicitor works at snail pace, so I want to check the post completion formalities are dealt with.

As far as conveyancing in Adwick le Street is concerned, registration is no faster or slower than the rest of England and Wales. Rather than based on location, timeframes can vary depending on the party submitting the application, whether there are errors and if the Land registry communicate with any 3rd parties. Currently roughly 80% of such applications are fully addressed within two weeks but occasionally there can be extensive hold-ups. Historically registration occurs once the purchaser has moved in to the property thus 'speed' is not usually top priority yet where it is urgent that the the registration takes place urgently then you or your conveyancer should communicate with the Registry to express the reasoning for an expedited registration.

Due to the guidance of my in-laws I had a survey completed on a property in Adwick le Street in advance of appointing conveyancers. I have been advised that there is a flying freehold overhang to the property. The surveyor has said that some lenders may refuse to issue a mortgage on this type of premises.

It varies from the lender to lender. HSBC has different requirements from Halifax. If you e-mail us we can investigate further via the appropriate lender. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Adwick le Street. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Adwick le Street to see if the conveyancing will be more expensive.

Been searching for a lawyer for freehold sale conveyancing in Adwick le Street. We are selling, simple no mortgage to redeem, no rush, no onward chain. Got a quote from a lawyer for a thousand pounds excluding VAT which is a tad expensive considering its so straightforward. Can I pay less for conveyancing in Adwick le Street?

As it’s a sale only, £425 + VAT should be about the cheapest for sale conveyancing in Adwick le Street.