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

It is rare for properties in Coleshill and has limited impact for conveyancing in Coleshill 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 date back hundreds of years, 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 post 2037 is to be extinguished.

I have 70 years remaining on my lease and require a lease extension for my apartment in Coleshill. Conveyancing solicitors on the Bank of Ireland panel can deal with such extensions correct?

Most leasehold conveyancing experts should be able to deal with a lease extension. if you are getting a mortgage then your lender may insist that the lease be extended before competition. Bank of Ireland have specific requirements as set out in the UK Finance Lenders’ Handbook in relation to minimum unexpired lease terms. As of 30/8/2025 the requirements read as follows :

Various internet forums that I have visited warn that are the main cause of obstruction in Coleshill house deals. Is that correct?

The Council of Property Search Organisations (CoPSO) released determinations of a review by MoveWithUs that conveyancing searches do not feature amongst the common causes of hindrances during the legal transfer of property. Searches are not likely to feature in any slowing down conveyancing in Coleshill.

I opted to have a survey carried out on a house in Coleshill prior to appointing lawyers. I have been advised that there is a flying freehold aspect to the property. The surveyor advised that some lenders will not issue a loan on a flying freehold premises.

It depends who your proposed lender is. Bank of Scotland has different instructions from Birmingham Midshires. If you e-mail us we can check with the appropriate mortgage company. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Coleshill. Conveyancing may be slightly more expensive based on your lender's requirements.

My husband and I are FTB’s - agreed a price, yet the agent has warned us that the seller will only go ahead if we appoint the agent's recommended conveyancers as they need a ‘quick sale’. My instinct tells me that we should use a local conveyancer with experience of conveyancing in Coleshill

We suspect that the seller is not behind this requirement. Should the vendor desire ‘a quick sale', alienating a motivated buyer is likely to cause more damage than good. Avoid the agents and go straight to the owners and explain that (a)you are motivated buyers (b)you are ready to go, with finances in place © you do not need to sell (d) you intend to proceed fast (e)however you are going to instruct your own,trusted Coleshill conveyancing solicitors - not the ones that will give the negotiator at the agency a referral fee or meet his conveyancing targets pre-set by HQ.