I am the registered owner of a freehold premises in North Ockendon but still charged rent, why is this and what is this?

It’s unusual for properties in North Ockendon and has limited impact for conveyancing in North Ockendon 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 from 1977 onwards.

Old rentcharges can now be redeemed by making a lump sum payment under the Act. Any rentcharges that are still in existence post 2037 is to be dispensed with completely.

If you had a top tip for selecting a conveyancing solicitor in North Ockendon what would it be?

It would be unwise to be tempted by the lowest North Ockendon conveyancing fees. You really do get what you pay for when it comes to property lawyers. A cheap quote may mean that the conveyancing solicitor is handling a lot of jobs at one time and you won’t get the quality of service and the attention that you need. It is, however, wise to use a conveyancer who has a fixed fee on a no sale, no fee basis. This way, you know exactly what you’ll have to pay in advance.

Forgive me if this question is silly but I am unexperienced as a 1st time purchaser of a ground floor flat in North Ockendon. Do I collect the keys to the premises on the completion date from my conveyancer? If so, I will use a local conveyancing solicitor in North Ockendon?

On the day of completion you will not be required to attend the conveyancers office in North Ockendon. Your solicitors will transfer the purchase money to the owner’s lawyers, and shortly after the monies have arrived, you will be able to receive the keys from the Estate Agents and start moving into the property. Usually this occurs between 1 and 3pm.

I am planning to move property in May. Should my conveyancing solicitor liaise with the removal company on the completion day. On a separate note, can you recommend a removal company in North Ockendon. Conveyancing lawyer was found prior to coming across your page.

On the day of completion you can pick up the house keys from your estate agent however this should only occur once the vendors lawyers confirm to the agent that they acknowledge receipt of the completion payment and the keys can be collected. After that you will need to inform the removal men that you are ready to move in. We are not in a position to recommend a specific removal company but can help you choose a conveyancing in North Ockendon or a legal practice that specialises in conveyancing in North Ockendon.

Yesterday I discovered that there is a flying freehold element on a property I put an offer in last month in what was supposed to be a straight forward, no chain conveyancing. North Ockendon is where the house is located. Can you offer any assistance?

Flying freeholds in North Ockendon are unusual but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside North Ockendon you must be sure that your lawyer goes through the deeds thoroughly. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in North Ockendon may ascertain that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold premises.

I am four weeks into a residential purchase having been referred to solicitors by the estate agent to handle our conveyancing in North Ockendon. I am am very frustrated with the level of service. Can you help me find new conveyancers?

They would have to be really bad in order to consider changing them. Has the mortgage been sent? In the event that it has you need to make them aware of the new contact details and get the offer are issued to the new lawyers. The conveyancer needs to be on the mortgage company approved list to avoid escalating charges and delays. So that should be your first question of the new solicitors. Our find a solicitor tool should help you find a bank approved lawyer for your conveyancing in North Ockendon

We are hoping to acquire a repossessed flat in North Ockendon and the vendor require completion within a month. Do lawyers complete in this timeframe? Am I best advised to instruct a high street North Ockendon firm or an online conveyancer that advertises to complete quickly?

Attend your North Ockendon high street. Pop in to a couple of solicitor’s offices and ask to talk to a conveyancing solicitor for a quote. Discuss your situation and get assurances on time frames. Appoint the one that comes across as most efficient. You need to select a property lawyer on the list of conveyancing practitioners who can act for your bank.