I purchased a freehold property in Easthampstead yet invoiced for rent, why is this and what is this?

It’s unusual for properties in Easthampstead and has limited impact for conveyancing in Easthampstead 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 many centuries, but the Rent Charge Act 1977 barred the generation of new rentcharges from 1977 onwards.

Old rentcharges can now be extinguished by making a one off payment under the Act. Any rentcharges that are still in existence after 2037 will be extinguished.

I am looking to buy a house and need a conveyancing solicitor in Easthampstead who is on the Bank of Ireland conveyancing. Could you point me in the right direction as regards a firm?

Our service is limited to being a directory service for firms who wish to listed as being on the approved conveyancing panel for Bank of Ireland in certain locations such as Easthampstead. We dont recommend any particular firm.

I used Arc property Solicitors several years ago for my conveyancing in Easthampstead. I now require my papers but the law firm has closed. What do I do?

Do call the Solicitors Regulatory Authority (SRA) to assist in tracing your conveyancing files. They can be contacted on please contact on 0870 606 2555. Alternatively, you should use their online form to make an enquiry. You will need to provide the SRA with as much information as possible to assist their search, including the name and address in Easthampstead of the conveyancing firm of solicitors you previously used, the name of conveyancing solicitor with whom you had dealings, and the date on which you last had dealings with the firm.

Over the last few months I have been searching for a leasehold apartment up to £245,000 and identified one near me in Easthampstead I like with a park and station nearby, however it's only got 51 years unexpired on the lease. There is not much else in Easthampstead suitable, so just wondered if I would be making a mistake purchasing a lease with such few years left?

If you need a home loan that many years will be an issue. Discount the price by the expected lease extension will cost if it has not already been discounted. If the current owner has owned the property for at least twenty four months you may ask them to start the process of the extension and then assign it to you. An additional ninety years can be extended on to the current lease and have £0 ground rent by law. You should consult your conveyancing solicitor regarding this matter.

I am buying a flat with all finances in place. I have provided conveyancer with 2 separate proof of photographic ID, bank statement, endless utility bills. Now he wants a copy from a probate lawyer stating that the money is legitimate and that it has come from inheritance and not selling fake DVD.

In today’s world you will not be able to complete any Easthampstead conveyancing transaction without first providing evidence of your identity to your lawyers. This usually takes the form of a either your passport or driving licence and a utility bill. Remember if you are providing your driving licence as evidence of ID it must be both the paper part and photo card part, one is not acceptable without the other. Establishing of your source of funds is required under Money Laundering laws.