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

It is rare for properties in Llanmartin and has limited impact for conveyancing in Llanmartin 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 from 1977 onwards.

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

Are the BSA planning on creating a searchable register to to identify solicitors on the Coventry BS conveyancing panel for instance in Llanmartin?

We are not aware of any intention on the part of the BSA to promote such a tool.

My relative advised me that where I am purchasing in Llanmartin I should carry out a Neighbourhood, Planning and Local Amenity Search. Can you explain what the purpose of this search is?

A search of this type is occasionally included in the estimate for your Llanmartin conveyancing searches. It is not a small document of more than thirty pages, listing and setting out significant information about Llanmartin around the property and the people living there. It incorporates an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the local Housing Market, Council Tax Banding, the type of People living in the area, the dominant type of Housing, the Average Property Price, Crime statistics, Llanmartin Education with maps and statistics, Local Amenities and other useful data about Llanmartin.

How does conveyancing in Llanmartin differ for newly converted properties?

Most buyers of new build property in Llanmartin come to us having been asked by the housebuilder to sign contracts and commit to the purchase even before the residence is constructed. This is because developers in Llanmartin usually purchase the land, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct conveyancing solicitors as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are used to new build conveyancing in Llanmartin or who has acted in the same development.

My boyfriend is buying a shared ownership flat in Llanmartin. He was given a quote by the lawyer recommended by the estate agents and it came to £1275 . It was 9 years ago I sold and bought a home and it cost was £500. Have costs really gone up that much?

What does the conveyancing estimate include? Is it just for the legal fees, or what you will be paying in total (for example Llanmartin searches, land registry fees, etc)