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

It is rare for properties in Bures and has limited impact for conveyancing in Bures 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 establishment of fresh 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 extinguished.

I am assisting my niece sell her flat in Bures. Does the conveyancing solicitor commission the energy performance certificate or do I organise this?

Following the demise of HIPs, energy performance certificates was maintained a required element of moving house. An energy performance certificate should be commissioned before the property is placed on the market. It is not as aspect of the sale process that solicitors ordinarily arrange. If you are instructing a Bures conveyancing solicitor they may be willing to arrange EPC’s given their relationships with reputable local providers

Can I be sure that the Bures conveyancing solicitor on the Principality panel is any good?

When it comes to conveyancing in Bures obtaining recommendations is a sensible start. Before you go ahead, check if they offer a no sale no fee offer. Also, you often get what you pay for - a firm which quotes more, will often provide a better service than one which is cheap as chips. We would always suggest that you speak with the solicitor conducting your conveyancing.

After much negotiation I have agreed a price on an apartment in Bures. My mortgage broker recommended their conveyancers. I paid an on account payment of £200. A couple of days later, the property lawyer contacted me to say that they were not on the Coventry BS conveyancing panel. Am I right in thinking that I should be due a refund?

You should be able to recover this from the law firm if they were not on the Coventry BS panel. They should have asked at the outset which lender you were obtaining a mortgage with. An important lesson to readers of this site is to check that the lawyers are on the appropriate lender panel.

What does a local search tell me concerning the house I am purchasing in Bures?

Bures conveyancing often commences with the submitting local authority searches directly from your local Authority or via a personal search company for example PSG The local search is essential in every Bures conveyancing purchase; that is if you don’t want any nasty surprises after you move into your new home. The search will reveal information on, amongst other things, details on planning applications relevant 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 thirteen subject areas.

What makes your site different to alternative web based conveyancing solicitors when it comes to conveyancing in Bures?

At this site receive a fixed fee costs illustration via a Solicitor or Licensed Conveyancer that has a full understanding of the issues for your conveyancing in Bures. As opposed to estate agents and brokerage sites we do not operate commission deals with solicitors. A large number of agents and online brokers 'recommend' the firm that pays the most kickback, rather than the best value conveyancing in Bures

We expect to complete our sale of a £325,000 maisonette in Bures next week. The management company has quoted £420 for Certificate of Compliance, building insurance schedule and previous years service charge statements. Is the landlord entitled to charge exorbitant fees for a leasehold conveyance in Bures?

Bures conveyancing on leasehold maisonettes more often than not involves the purchaser’s conveyancer submitting enquiries for the landlord to answer. Although the landlord is not legally bound to address these enquiries the majority will be willing to assist. They are at liberty to levy a reasonable charge for responding to enquiries or supplying documentation. There is no set fee. The average costs for the paperwork that you are referring to is over three hundred pounds, in some transactions it is above £800. The administration charge invoiced by the landlord must be accompanied by a summary of entitlements and obligations in relation to administration fees, otherwise the invoice is not strictly payable. Reality however dictates that you have little option but to pay whatever is demanded if you want to exchange contracts with the buyer.

I invested in buying a 1 bedroom flat in Bures, conveyancing was carried out December 2006. Can you please calculate a probable premium for a statutory lease extension? Similar flats in Bures with a long lease are worth £181,000. The average or mid-range amount of ground rent is £55 charged once a year. The lease finishes on 21st October 2075

You have 50 years left to run we estimate the price of your lease extension to be between £31,400 and £36,200 as well as costs.

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 in the absence of detailed investigations. You should not use the figures in a Notice of Claim or as an informal offer. There are no doubt other issues that need to be considered and you obviously want to be as accurate as possible in your negotiations. Neither should you move forward placing reliance on this information without first seeking the advice of a professional.