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Ready to buy a new home in Bawtry? Failing to check that a lawyer is on your lender’s list of approved solicitors can put your Bawtry transaction at risk of delay or failure.

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Recently asked questions about conveyancing in Bawtry

I purchased a freehold premises in Bawtry but still charged rent, why is this and what is this?

It is rare for properties in Bawtry and has limited impact for conveyancing in Bawtry 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 new rentcharges post 1977.

Previous rentcharges can now be extinguished by making a lump sum payment under the Act. Any rentcharges that are still in existence after 2037 will be dispensed with completely.

My wife and I purchased a terraced Georgian property in Bawtry. Conveyancing practitioner represented me and Chelsea Building Society. I did a free Land Registry search last week and I saw two entries: the first freehold, another for leasehold with the exact same property. I thought I was buying a freehold how can I check?

You need to review the Freehold register you have again and check the Charges Register as there may be mention of a lease. The best way to be sure that you are also the registered owner of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Bawtry and other locations in the country and poses no real issues for owners other than when they mortgage they have to account for both freehold and leasehold interests when dealing with purchasers. You can also question the situation with your conveyancing solicitor who conducted the conveyancing.

I am looking for a flat up to £235,500 and identified one near me in Bawtry I like with open areas and railway links in the vicinity, the downside is that it's only got 52 remaining years left on the lease. There is not much else in Bawtry in this price bracket, so just wondered if I would be making a mistake purchasing a short lease?

Should you require a mortgage the shortness of the lease will likely be an issue. Discount the offer by the anticipated lease extension will cost if it has not already been discounted. If the existing owner has owned the property for a minimum of 2 years you may request that they commence the lease extension formalities and then assign it to you. An additional ninety years can be extended on to the existing lease term and have £0 ground rent by law. You should consult your conveyancing solicitor regarding this matter.

I am downsizing from my property. My previous conveyancers have shut. I would be grateful for any recommendation of a conveyancing firm. Im based in Bawtry if that affects matters.

Do use our search tool to help you choose a solicitor for your conveyancing in Bawtry. We have connected thousands of home buyers and sellers with regulated solicitors to ensure that the legalities of their house move goes smoothly.

I am considering using a web based conveyancer as opposed to a Bawtry conveyancing firm. Any advice?

Numerous benefits exist in being able to visit a local Bawtry conveyancing solicitor for instance

  • signing documents and and when necessary
  • often being able to speak to someone face-to-face can make a huge difference, particularly for more complex house moves
  • the ability to raise concerns if things go pear-shaped

When analysing fees, look carefully for hidden extras. Most decent Bawtry high street solicitors give an all-inclusive figure. Many online companies seem to offer low cost prices, but have burried 'extras' in the small print.

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Find out more about how flying freehold can affect your the value of a property.