I purchased a freehold premises in Milton Keynes but still invoiced for rent, why is this and what is this?

It’s unusual for properties in Milton Keynes and has limited impact for conveyancing in Milton Keynes 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 extinguished by making a one off payment under the Act. Any rentcharges that are still in existence after 2037 is to be dispensed with completely.

I am told that my conveyancing solicitors will need to check that the building insurance when buying a house in Milton Keynes. My lender is Tesco Bank

Tesco Bank have specific requirements as set out in the UK Finance Lenders’ Handbook. As of 2/12/2025, the requirements read as follows :

Despite weeks of looking the Title Certificate and documents to my property can not be found. The lawyers who dealt with the conveyancing in Milton Keynes 4 years ago are no longer around. Will I be able to sell the house?

In today’s world there are duplicates made of almost everything, and your solicitor should be aware precisely where to look for all the suitable paperwork so you can buy or dispose of your house without a hitch. If copies can’t be located, your solicitor can arrange cover in the form of insurance or indemnities against possible claims on your premises.

Do I need to be concerned that brokers that I am dealing with are encouraging me to use a factory type conveyancing firm rather than a High Street Milton Keynes conveyancing company?

As is the case with lots of professional services, often recommendations from family and friends can be extremely useful or valuable. Yet there are lots of players in a conveyancing transaction; estate agents, financial adviser and mortgage companies may put forward solicitors to choose. On occasion these conveyancers might be known to one of the organisations as one of the best in their field, but occasionally there behind the scenes commercial relationship behind the recommendation. You have the discretion to choose your preferred lawyer. Don't forget that many mortgage providers specify a panel list of solicitors you are obliged to use for the lender aspect of your home move.

In searching the internet for the phrase conveyancing in Milton Keynes it shows results of numerous conveyancersin the vicinity. How do I determine which is the suitable solicitor for purchase transaction?

The best way of finding a suitable conveyancer is via trusted testimonial, so seek the counsel of colleagues and relatives who have purchased a property in Milton Keynes or the reputable estate agent or mortgage broker. Costs for conveyancing in Milton Keynes differ, so it's sensible to secure at least three quotes from different conveyancers. Make sure that you clarify that the charges are assured not to escalate.