I purchased a freehold premises in Rawdon and Yeadon but nevertheless pay rent, why is this and what is this?

It’s unusual for properties in Rawdon and Yeadon and has limited impact for conveyancing in Rawdon and Yeadon 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 extinguished by making a lump sum payment under the Act. Any rentcharges that are still in existence in 2037 is to be extinguished.

We are buying a house and the solicitor has raised the issue of Chancel Repair for which the house could be liable as it falls into the area of such a church. She has suggested insurance. Is this strictly required for conveyancing in Rawdon and Yeadon

Unless a previous acquisition of the premises took place post 12 October 2013 you can assume that solicitors delivering conveyancing in Rawdon and Yeadon to continue to recommend a chancel search and or chancel repair liability insurance.

How does conveyancing in Rawdon and Yeadon differ for new build properties?

Most buyers of new build or newly converted property in Rawdon and Yeadon contact us having been asked by the builder to exchange contracts and commit to the purchase even before the house is built. This is because new home sellers in Rawdon and Yeadon tend to acquire 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 conveyancing solicitors 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 used to new build conveyancing in Rawdon and Yeadon or who has acted in the same development.

Yesterday I discovered that there is a flying freehold element on a house I have offered on two weeks back in what should have been a simple, no chain conveyancing. Rawdon and Yeadon is where the house is located. Can you shed any light on this issue?

Flying freeholds in Rawdon and Yeadon are unusual but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Rawdon and Yeadon you must be sure that your lawyer goes through the deeds diligently. Your lender may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Rawdon and Yeadon may determine 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 property.

I need to appoint a conveyancing solicitor for my conveyancing in Rawdon and Yeadon. I happened to chance upon a site which looks to be the perfect offering If it is possible to get all formalities completed 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?