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Recently asked questions about conveyancing in Booker

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

It’s unusual for properties in Booker and has limited impact for conveyancing in Booker 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 generation of new rentcharges post 1977.

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

What will a local search inform me concerning the house my wife and I buying in Booker?

Booker conveyancing often starts with the ordering local authority searches directly from your local Authority or through a personal search company for example Onsearch The local search is essential in every Booker conveyancing purchase; as long as you wish to avoid any unpleasant surprises after you move into your new home. The search should supply information on, amongst other things, details on planning applications applicable to the property (whether granted or refused), building control history, any enforcement action, restrictions on permitted development, nearby road schemes, contaminated land and radon gas; in all a total of 13 subject headings.

The estate agent has sent us the confirmation of our purchase of a new build flat in Booker. 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 legal work.

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

    Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose? Where service of notices and proceedings can be at the property demised please confirm that this can be amended to include simultaneous services at the Lessees’ solicitors’ offices where the Lessee from time to time is not resident in the UK - such solicitors may be varied by notice in writing to the Landlord from time to time but otherwise will be as previously specified. The Vendor must covenant to keep unsold units in good repair until long leases are granted therefore. There must be mutual enforceability of lessee’s covenants. The Landlord must covenant to assume the management if the Management Company goes into liquidation or otherwise defaults in running the management scheme.

I'm converting the mortgage on my primary home to a buy to let loan with Norwich and Peterborough Building Society and I will use the ballance of the raised equity towards another house. The area we are interested in is Booker. Will your solicitors be able to act for both sets of banks and link together the conveyances?

Do use our search tool on this page to ensure that the lawyers are approved by both banks. On the basis that they are your lawyer should be able to simultaneously deal with the two conveyancing matters but you should have a chat with you conveyancer and make clear your desired outcome and needs.

Estate agents have just been given the go-ahead to market my basement flat in Booker.Conveyancing is yet to be initiated but I have recently had a yearly maintenance charge demand – should I leave it to the buyer to sort out?

Your conveyancing lawyer is likely to suggest that you should discharge the service charge as usual given that all rents and service invoices will be allottedon completion, so you will be reimbursed by the buyer for the period running from after the completion date to the subsequent invoice 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

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