I purchased a freehold property in Ickenham but nevertheless invoiced for rent, why is this and what is this?

It is rare for properties in Ickenham and has limited impact for conveyancing in Ickenham 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 hundreds of years, but the Rent Charge Act 1977 barred the creation of fresh rentcharges post 1977.

Previous rentcharges can now be redeemed by making a one off payment under the Act. Any rentcharges that are still in existence in 2037 is to be dispensed with completely.

Just had an offer accepted on a new build flat in Ickenham. Conveyancing is daunting 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 are examples of a selection of leasehold new build questions that you can expect your new-build leasehold conveyancing in Ickenham

There must be mutual enforceability of lessee’s covenants. Will control of the Management Company (if any) be handed over to purchasers on completion of the last sale or earlier? The Landlord must covenant to assume the management if the Management Company goes into liquidation or otherwise defaults in running the management scheme. Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company?

I have been on the look out for a flat up to £195,000 and identified one round the corner in Ickenham I like with amenity areas and station in the vicinity, the downside is that it only has 52 years unexpired on the lease. There is not much else in Ickenham in this price bracket, so just wondered if I would be making a grave error purchasing a lease with such few years left?

Should you require a mortgage that many years will likely be a potential deal breaker. Reduce the price by the expected lease extension will cost if not already taken into account. If the existing proprietor has owned the premises for at least twenty four months you can request that they start the process of the extension and then assign it to you. You can add 90 years to the current lease and have £0 ground rent by law. You should speak to your conveyancing lawyer about this.

Is it simple use the search app to choose a conveyancing lawyer in Ickenham on the authorised to act for my lender?

1st pick a bank such as National Westminster Bank, Leeds Building Society or Godiva Mortgages Ltd then specify your location a common one being Ickenham. Conveyancing organisations in Ickenham and further afield should be identified.

Me and my wife are purchasing a leasehold flat in Ickenham. Conveyancing quotes are averaging around £1800. Is that reasonable?

The average fee last year for conveyancing in Ickenham was £1,419 not including SDLT and HM Land Registry charges.