I am the registered owner of a freehold house in Barbican yet invoiced for rent, why is this and what is this?

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

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

Will commercial conveyancing searches disclose proposed roadworks that may impact a commercial premises in Barbican?

Its becoming the norm that commercial conveyancing solicitors in Barbican will execute a SiteSolutions Highways report as it dramatically cuts the time that conveyancers spend in looking into accurate data on highways that impact buildings and development assets in Barbican. The search result provides definitive data on the adoption status of roads, footpaths and verges, as well as the implication of traffic schemes and the rights of way surrounding a commercial development sites in Barbican.

For every commercial conveyancing transaction in Barbican it is critical to investigate the adoption status of roads surrounding a site. Failure to identify developments where adoption procedures have not been addressed adequately may result in delays to Barbican commercial conveyancing transactions as well as present a risk to future intentions for the site. These searches are not ordered for domestic conveyancing in Barbican.

I am thinking of appointing a conveyancing lawyer in Barbican for my house move. Is there any facility to see a firm’s record with the profession’s regulator?

Members of the public may find published Solicitor Regulator Association (SRA) decisions arising from inquisitions from 2008 onwards. Go to Check a solicitor's record. To find records Pre 2008, or to check a solicitors history, ring 0870 606 2555, 08.00 - 18.00 Monday, Wednesday, Thursday, Friday and 09.30 - 18.00 Tuesday. International callers, dial +44 (0)121 329 6800. The regulator may monitor telephone calls for training purposes.

Estate agents have just been given the go-ahead to market my basement flat in Barbican. Conveyancing solicitors are to be appointed soon, however I have just had a quarterly service charge invoice – Do I pay up?

Your conveyancing lawyer is likely to suggest that you should discharge the service charge as normal because all ground rent and service charges should be allotted on completion, so you should recover the relevant percentage by the buyer for the period running from after the completion date to the next payment date. Most management companies will not acknowledge the buyer until the service charges have been paid and are up to date, so it is important for both buyer and seller for the seller to show that they are up to date. This will smooth the conveyancing process.

I inherited a garden flat in Barbican, conveyancing was carried out 3 years ago. How much will my lease extension cost? Equivalent properties in Barbican with an extended lease are worth £165,000. The average or mid-range amount of ground rent is £45 yearly. The lease comes to an end on 21st October 50

You have 50 years left to run we estimate the premium for your lease extension to range between £36,100 and £41,800 plus professional fees.

The suggested premium range that we have given is a general guide to costs for extending a lease, but we are not able to supply a more accurate figure without more detailed due diligence. Do not use this information in a Notice of Claim or as an informal offer. There may be additional concerns that need to be considered and clearly you want to be as accurate as possible in your negotiations. Please do not take any other action based on this information before getting professional advice.

How much experience do your Barbican conveyancing solicitors have with Help To Buy, Shared Equity and similar schemes?

Barbican conveyancing lawyers help thousands of people move home every year and assisted lots of clients through the Help To Buy scheme. The chances are that whatever makes your case unique Barbican conveyancers have worked on recent similar matters.