I purchased a freehold property in Isle Of Anglesey but nevertheless charged rent, why is this and what is this?

It is rare for properties in Isle Of Anglesey and has limited impact for conveyancing in Isle Of Anglesey 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 creation 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 post 2037 will be dispensed with completely.

We previously instructed solicitors located in Isle Of Anglesey on the Kent Reliance solicitor approved list. They are now charging me a separate sum for dealing with the Kent Reliance mortgage. Is this an additional conveyancing fee specified by Kent Reliance?

As unfair as it may seem, as long as it’s in their Terms of Engagement or Quote then yes your lawyer is entitled to levy a fee for this. The fee is not dictated by Kent Reliance but by your Isle Of Anglesey conveyancing practitioner. Plenty of firms on the Kent Reliance panel will quote ’dealing with mortgage’ fee but many practices include it on their overall fee.

We have agreed to purchase a house in Isle Of Anglesey. An unusual aspect is that the roof has a solar panel. Solicitors conducting should look into this right? Will my lender Aldermore be concerned?

As you are obtaining a mortgage with Aldermore your lawyer must follow the formal instructions contained in Section 2 of UK Finance Lenders’ Handbook for Aldermore. The CML Handbook sets out minimum specifications for solar panel roof-space leases, and lawyers are required to report to Aldermore where a lease does not meet these provisions. The requirements relate to the installation of panels on properties countrywide and is not limited to Isle Of Anglesey.

My husband and I are in the process of looking at flats in Isle Of Anglesey and I am about to put in an offer. Is it wise to have a property lawyer on ‘stand by’? I am planning to take a mortgage with Nottingham.

You should start obtaining conveyancing quotes from solicitors ASAP. Once you decide who you want to use and once your offer is accepted you can instruct them to work for you and forward their details on to the selling agent. Given that you are obtaining a mortgage with Nottingham, ask your prospective lawyers if they are on the Nottingham conveyancing panel otherwise they can't do the mortgage legal work.

I opted to have a survey carried out on a house in Isle Of Anglesey in advance of retaining conveyancers. I have been told that there is a flying freehold overhang to the house. My surveyor advised that some lenders may refuse to give a mortgage on such a property.

It depends who your proposed lender is. HSBC has different instructions from Halifax. If you contact us we can look into this further with the appropriate bank. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Isle Of Anglesey. Conveyancing may be slightly more expensive based on your lender's requirements.

Hoping to buy a property located in Isle Of Anglesey and I am already nervous. I couldn't find anything specific about Isle Of Anglesey. Conveyancing will be needed in due course but do you know about the Isle Of Anglesey area? or perhaps some other tips you can share?

Rather than looking online forget looking online you should go and have a look at Isle Of Anglesey. In the meantime here are some basic statistics that we found

I need to appoint a conveyancing solicitor for some conveyancing in Isle Of Anglesey. I happened to chance upon a site which seems to have the ideal solution If there is a chance to get all formalities done via web that would be preferable. Should I be concerned? What should out be looking out for?

As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?