I am the registered owner of a freehold house in Bexleyheath but nevertheless pay rent, why is this and what is this?

It is rare for properties in Bexleyheath and has limited impact for conveyancing in Bexleyheath 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 generation 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.

three months have elapsed since my purchase conveyancing in Bexleyheath took place. I have checked the Land Registry site which shows that I paid £175,000 when infact I paid £170,000. Why the discrepancy?

The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the property from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.

I am buying a new build flat in Bexleyheath. Conveyancing is a frightening process at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build legal work.

Set out below is a sample of a selection of leasehold new build questions that you should expect your new-build leasehold conveyancing in Bexleyheath

If there are lifts in the building, please confirm that the owners of flats on the ground and basement floors will not be required to contribute towards the cost of maintenance and renewal. Please confirm the Lease plans are surveyor prepared. Please supply a car parking plan. Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company? Where there is an Undertaking being granted there is the risk of forfeiture of the Headlease subject to relief if one or more of the Underlessees are willing to accept the original Head Lessee’s obligations as otherwise relief will be denied to the Underlessees. The only alternatives are the Head Lessor agreeing not to forfeit the Headlease or the Head Lessee guaranteeing to the Underlessees that it will not be in breach of the Headlease.

Do I need to be wary by brokers that I am dealing with are recommending a national conveyancing firm rather than a High Street Bexleyheath conveyancing company?

As is the case with lots of professional services, often recommendations from relatives can be most helpful. Nevertheless there are numerous people with a vested interest in a conveyancing matter; estate agents, financial adviser and lenders may suggest solicitors to choose. Sometimes the lawyers might be known to one of the organisations as experts in their field, but occasionally there behind the scenes financial incentive behind the endorsement. You have the right to choose your own lawyer. Don't forget that the majority of banks have an approved list of solicitors you are obliged to use for the mortgage aspect of your home move.

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

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