I own a freehold house in St Margarets but nevertheless pay rent, why is this and what is this?

It is rare for properties in St Margarets and has limited impact for conveyancing in St Margarets 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 new 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 post 2037 will be extinguished.

I need some quick conveyancing in St Margarets as I have pressure to sign on the dotted line within one month. A home loan is not required. Is it possible to escape the need for conveyancing searches to save money and time?

As you are not getting a home loan you have the choice not to have searches conducted although no solicitor would suggest that you don't. Drawing on years of experience of conveyancing in St Margarets the following are instances of what can crop up and therefore impact market value: Refused Planning Applications, Overdue Fees, Overdue Grants, Railway Schemes,...

It has been 4 months following my purchase conveyancing in St Margarets concluded. I have checked the Land Registry site which shows that I paid £200,000 when infact I paid £170,000. Why the discrepancy?

The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the asset from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.

What does commercial conveyancing in St Margarets cover?

St Margarets conveyancing for business premises incorporates a broad array of guidance, provided by regulated solicitors, relating to business property. For instance, this area of conveyancing can cover the sale or purchase of freehold business premises or, more commonly, the assignment of existing business tenancies or the drafting of new leasing arrangements. Commercial conveyancing solicitors can also offer advice on the sale of business assets, commercial loans and the termination of tenancies.

I am using a search engine for the term on line conveyancing in St Margarets it reveals numerous conveyancersin the vicinity. How do I determine which is the suitable conveyancing solicitor for my move?

The preferential method of choosing the right conveyancer is through a trusted referral, so enquire of colleagues and relatives who have purchased a property in St Margarets or a local estate agent or mortgage broker. Costs for conveyancing in St Margarets differ, so it's a good idea to secure a minimum of three fee estimates from different law firms. Be sure to obtain confirmation what costs in the quote includes.