I purchased a freehold residence in Fairfield but still invoiced for rent, why is this and what is this?

It is rare for properties in Fairfield and has limited impact for conveyancing in Fairfield 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 post 1977.

Previous 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.

Are the BSA intent on creating a online directory to list law firms on the Coventry BS conveyancing panel for example in Fairfield?

Lexsure has not been advised of any plans on the part of the BSA to develop such a tool.

Do I choose a Licenced Conveyancer or Solicitor for conveyancing in Fairfield?

There are two types of lawyers who can do conveyancing in Fairfield namely licenced conveyancers or solicitors. The two can provide the legal services that required to complete the sale or acquisition of property. Both are required to execute Fairfield conveyancing to the same quality and guidelines so you may be sure that your conveyancing will be properly carried out and that all requirements and steps should be appropriately adhered to.

We previously selected conveyancing lawyers with offices in Fairfield on the Skipton solicitor approved list. They have just billed me a further sum for dealing with the Skipton mortgage. Is this a supplemental conveyancing fee set by Skipton?

As unfair as it may seem, as long as it’s in their Terms of Engagement or Quote then yes your conveyancing practitioner may charge a fee for this. This fee is not dictated by Skipton but by your Fairfield conveyancer. Plenty of firms on the Skipton panel will quote an ‘acting for lender’ fee but many practices include it on their overall fee.

Completion of my remortgage has taken place for my property in Fairfield. Conveyancing was of an acceptable standard but I feel I should register my dissatisfaction about the lender. How do I make a complaint?

Most banks and building societies have complaints procedures. Your first point of contact should be one of the lender’s branches or the Customer Care Department at head office. Ordinarily complaints to a lender are resolved very quickly. If you feel the matter is not resolved you can write to Financial Ombudsman Service, South Quay Plaza, 183 Marsh Wall, London E14 9SR who will take matters further.

I know that there are debates on Chancel Insurance on online forums. Do I need chancel insurance when purchasing a residence in Fairfield? or Apparently there is a law dating back centuries that could mean that owners of property residing in a parish church boundary may be liable to pay for repairs towards the chancel in proximity to the church. Is this appropriate for conveyancing in Fairfield?

Unless a prior purchase of the premises completed after 12 October 2013 you may take it that conveyancing practitioners conducting conveyancing in Fairfield to remain recommending a chancel search and or insurance against a claim.

Over the last few months I have been searching for a leasehold apartment up to £235,500 and identified one round the corner in Fairfield I like with amenity areas and station nearby, however it only has 52 remaining years left on the lease. There is not much else in Fairfield in this price bracket, so just wondered if I would be making a grave error purchasing a short lease?

Should you need a home loan the shortness of the lease will likely be a potential deal breaker. Reduce the offer by the amount the lease extension will cost if not already taken into account. If the current proprietor has owned the premises for at least twenty four months you may request that they commence the lease extension formalities and pass it to you. An additional ninety years can be extended on to the current lease term with a zero ground rent applied. You should consult your conveyancing lawyer regarding this.