I am the registered owner of a freehold premises in Moreton In Marsh but nevertheless pay rent, why is this and what is this?
It’s unusual for properties in Moreton In Marsh and has limited impact for conveyancing in Moreton In Marsh 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 have existed for hundreds of years, but the Rent Charge Act 1977 barred the creation of fresh 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 after 2037 is to be extinguished.
I have 70 years unexpired on my lease and require a lease extension for my apartment in Moreton In Marsh. Conveyancing solicitors on the Chelsea Building Society panel can deal with such extensions correct?
Most leasehold conveyancing experts should be able to deal with a lease extension. if you are securing a mortgage then your lender may insist that the lease be extended before competition. Chelsea Building Society have specific requirements as set out in the UK Finance Lenders’ Handbook in relation to minimum unexpired lease terms. As of 12/2/2026 the requirements read as follows :
How does conveyancing in Moreton In Marsh differ for new build properties?
Most buyers of new build or newly converted property in Moreton In Marsh come to us having been asked by the housebuilder to sign contracts and commit to the purchase even before the house is constructed. This is because new home sellers in Moreton In Marsh tend to purchase the site, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct conveyancers as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are accustomed to new build conveyancing in Moreton In Marsh or who has acted in the same development.
I’m about to sell my 2 bed flat in Moreton In Marsh. Conveyancing is yet to be initiated, however I have recently had a quarterly service charge invoice – what should I do?
Your conveyancing lawyer is likely to suggest that you should pay the invoice as you normally would because all ground rent and service payments will be allotted on completion, so you will be reimbursed by the purchaser for the period running from after the completion date to the subsequent invoice date. Most management companies will not acknowledge the buyer until the service charges have been paid and are up to date, so it is important for both buyer and seller for the seller to show that they are up to date. Having a clear account will assist your cause and will leave you no worse off financially.
Moreton In Marsh Leasehold Conveyancing - A selection of Questions you should consider Prior to Purchasing
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Are any of leasehold owners in arrears of their service charge liability? Best to be warned if a new roof is being put on or some other major work is due shortly to be shared between the leasehold owners and will materially impact the level of the service fees or result in a specific invoice. Its a good idea to discover as much as you can regarding the company managing the block as they will impact your use and enjoyment of the property. As the proprietor of a leasehold property you will be in the clutches of the managing agents both financially and when it comes to day to day issues such as the cleanliness of the communal areas. Enquire of prospective neighbours what they think of their management. Finally, investigate as to the dates that you are obliged pay the maintenance charge to the managing agents and specifically what you get for your money.
If instructed can a conveyancer remove someone from the title of my home in Moreton In Marsh ?
Extracting or adding someone to the title of your house is relatively straightforward. You’ll need to appoint a conveyancer to discuss your legal rights before you can proceed with a transfer of property. Contact us to book a free consultation with one a property lawyer