I am the registered owner of a freehold premises in Borth but still invoiced for rent, why is this and what is this?

It’s unusual for properties in Borth and has limited impact for conveyancing in Borth 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 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 post 2037 is to be extinguished.

we are a couple who are hoping to buy a 3 bedroom flat in Borth with a homeloan from Alliance & Leicester .We would like to retain our Borth conveyancing lawyer but Alliance & Leicester informed us her practice is not listed on their approved list of member firms. We have to appoint a Alliance & Leicester panel lawyer or keep our high street solicitor and pay for one of their panel ones to act for them. We feel as though this is unjust; Can we not simply insist that Alliance & Leicester use our lawyer?

Unfortunately,no. The home loan issued to you contains terms and conditions, one of which will be that solicitors needs to be on the Alliance & Leicester approved list. Until recently, most lenders had large numbers of solicitors on their panels: a borrower could find one for themselves, as long as it was on the lender's panel. The lender would then simply instruct the borrower's lawyers to act for the lender, too. You can use your lender's panel lawyers or you could borrow from another lender which does not restrict your choice. A further alternative is for your solicitors to apply to be on the conveyancing panel for Alliance & Leicester

How does conveyancing in Borth differ for new build properties?

Most buyers of new build premises in Borth contact us having been asked by the seller to sign contracts and commit to the purchase even before the house is built. This is because house builders in Borth typically buy 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 conveyancers 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 accustomed to new build conveyancing in Borth or who has acted in the same development.

I am downsizing from my house. My former solicitors closed down. It would be helpful to have a recommendation of a conveyancing firm. Im based in Borth if that affects matters.

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

In my capacity as executor for the estate of my father I am selling a property in Swansea but reside in Borth. My solicitor (approximately 250 kilometers awayhas requested that I sign a statutory declaration ahead of completion. Can you recommend a conveyancing solicitor in Borth to witness this legal document for me?

strictly speaking you should not be required to have the documents witnessed by a conveyancing solicitor. Normally any notary public or qualified solicitor will suffice regardless of whether they are Borth based