I am the registered owner of a freehold property in South Hylton but still invoiced for rent, why is this and what is this?

It is rare for properties in South Hylton and has limited impact for conveyancing in South Hylton 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 many centuries, but the Rent Charge Act 1977 barred the creation of new rentcharges post 1977.

Previous rentcharges can now be extinguished by making a one off payment under the Act. Any rentcharges that are still in existence in 2037 is to be extinguished.

Me and my brother purchased a 4 bedroom Victorian property in South Hylton. Conveyancing practitioner acted for me and The Royal Bank of Scotland. I did a free Land Registry search last week and I saw two entries: the first freehold, another for leasehold under the matching property. Is it worth asking The Royal Bank of Scotland to clarify?

You should review the Freehold register you have again and check the Charges Register for mention of a lease. The best way to be sure that you are also the registered proprietor of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in South Hylton and other locations in the country and poses no real issues for owners other than when they mortgage they have to account for both freehold and leasehold interests when dealing with lenders. You can also check the situation with your conveyancing solicitor who conducted the purchase.

I'm refinancing my existing property to a buy to let loan with Platform Home Loans Ltd and intend to use the remaining equity as a down payment on another house. The area we are looking at is South Hylton. Will your conveyancers be able to act for the two lenders and tie in the conveyances?

Do use our comparison tool on this page to be sure that the lawyers are approved by both mortgage companies. On the basis that they are your lawyer should be able to tie up the two deals but you should talk with you solicitor and make apparent your expectations and requirements.

In surfing the world wide web for the phrase on line conveyancing in South Hylton it shows results of numerous solicitorslocally. With so much choice what is the best way to find the suitable solicitor for me?

The ideal method of finding the right conveyancer is via trusted recommendation, so ask colleagues and relatives who have acquired a property in South Hylton or a respected estate agent or mortgage broker. Fees for conveyancing in South Hylton vary, so it's sensible to request a minimum of four estimates from different companies. Make sure that you clarify that the fees are fixed.

My wife and I have recently appointed a conveyancing solicitor in South Hylton. I I would like to check if they are listed on the bank's approved list of lawyers. Can you assist?

You should contact the conveyancer to enquire if they are on the bank's panel. Alternatively please get in touch with us and we can make some checks for you. Should the firm not be on the bank panel we can certainly arrange a specialist conveyancing solicitor in South Hylton on the panel for your mortgage company.