I am the registered owner of a freehold property in Mexborough and Swinton yet invoiced for rent, why is this and what is this?

It’s unusual for properties in Mexborough and Swinton and has limited impact for conveyancing in Mexborough and Swinton 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 creation of fresh rentcharges from 1977 onwards.

Previous rentcharges can now be redeemed by making a lump sum payment under the Act. Any rentcharges that are still in existence in 2037 will be extinguished.

When reviewing online forums for a cheap solicitor in Mexborough and Swinton, many comment that I should look for a CQS assured solicitor. What is CQS?

The Law Society's Conveyancing Quality Scheme is the recognised quality mark for legal experts in buying or selling property, trusted by some of the UK's major banks. In 2011-12 the Conveyancing Quality Scheme was officially recognised by the Building Societies Association (BSA). CQS is not a scheme offered by the Council of Licensed Conveyancing. Mexborough and Swinton is one of the many areas of the UK where there are Accredited solicitors.

Is it necessary to pay for insurance to protect me from financial exposure to chancel repairs when acquiring a house in Mexborough and Swinton?

Unless a previous acquisition of the property took place post 12 October 2013 you can assume that solicitors conducting conveyancing in Mexborough and Swinton to continue to suggest a chancel search and or chancel repair liability policy.

We're FTB’s - agreed a price, but the property agent has warned us that the vendor will only issue a contract if we appoint their chosen lawyers as they are insisting on an ‘expedited deal’. Our preferred option is to instruct a high street solicitor who is accustomed to conveyancing in Mexborough and Swinton

We suspect that the seller is unaware of this requirement. If they desire ‘a quick sale', turning down a genuine buyer is not the way to achieve this. Speak to the vendors direct and make sure they understand (a)you are motivated buyers (b)you are ready to progress, with mortgage lined up © you are chain free (d) you wish to move quickly (e)however you are going to use your own,trusted Mexborough and Swinton conveyancing firm - not the ones that will provide the estate agent a kickback or hit his conveyancing thresholds set by senior management.

Our conveyancer has advised that he intends to complete and exchange simultaneously on our sale of a £200,000 garden flat in Mexborough and Swinton in just under a week. The management company has quoted £348 for Certificate of Compliance, building insurance schedule and previous years service charge statements. Is it legal for a freeholder to charge an administration fee for a flat conveyance in Mexborough and Swinton?

Mexborough and Swinton conveyancing on leasehold maisonettes more often than not involves the purchaser’s lawyer submitting enquiries for the landlord to answer. Although the landlord is under no legal obligation to answer these enquiries most will be willing to assist. They may charge a reasonable charge for answering questions or supplying documentation. There is no upper cap for such fees. The average fee for the information that you are referring to is £350, in some cases it exceeds £800. The management information fee invoiced by the landlord must be accompanied by a synopsis of rights and obligations in relation to administration charges, otherwise the invoice is technically not due. In reality you have little option but to pay whatever is demanded should you wish to exchange contracts with the buyer.

I acquired a 1st floor flat in Mexborough and Swinton, conveyancing was carried out half a dozen years ago. Can you shed any light on how much the price could be for a 90 year extension to my lease? Similar flats in Mexborough and Swinton with an extended lease are worth £222,000. The ground rent is £50 invoiced annually. The lease terminates on 21st October 2095

With just 70 years left to run we estimate the price of your lease extension to span between £9,500 and £11,000 as well as professional fees.

The suggested premium range that we have given is a general guide to costs for renewing a lease, but we cannot give you the actual costs in the absence of comprehensive due diligence. You should not use the figures in tribunal or court proceedings. There may be additional issues that need to be taken into account and you obviously want to be as accurate as possible in your negotiations. Please do not take any other action based on this information without first getting professional advice.