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

It is rare for properties in Burton Latimer and has limited impact for conveyancing in Burton Latimer 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 establishment of fresh rentcharges from 1977 onwards.

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

Do the Building Society Association intend to launch a online directory to list practices on the Loughborough BS conveyancing panel for example in Burton Latimer?

We have not been informed any plans on the part of the BSA to promote such a register.

What is the difference between a licensed conveyancer and conveyancing solicitor in Burton Latimer

There are two types of lawyers who can conduct conveyancing in Burton Latimer namely licenced conveyancers or solicitors. The two can handle conveyancing services that you need to complete the sale or acquisition of property. Both are obliged to handle Burton Latimer conveyancing on similar standards and guidelines so you can be sure that your conveyancing will be professionally conducted and that all necessary steps will be accurately attended to.

My lawyer has informed me that flying freehold insurance is required on my purchase. What is the typical level of cover needed for conveyancing in Burton Latimer?

The right level of flying freehold indemnity insurance should be dictated by who who your lender is. It would differ for example between Halifax and Skipton Building Society. Conveyancing practitioners as opposed to borrowers take out such policies.

is it true that all Burton Latimer conveyancing solicitors on the Barclays conveyancing panel are regulated by the Solicitors Regulatory Authority?

As a firm of solicitors, in order to be on the Barclays approved list of solicitors they would need to be governed by the SRA. The majority of mortgage companies do allow licenced conveyancers on their panel in which case such organisation would be overseen by the CLC.

Are there restrictive covenants that are commonly identified as part of conveyancing in Burton Latimer?

Restrictive covenants can be picked up when reviewing land registry title as part of the process of conveyancing in Burton Latimer. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’

Can you shed any light on the aspects of conveyancing offered by Burton Latimer conveyancing firms?

On the whole Burton Latimer conveyancing companies manage to provide a number of services to home and land owners, sellers, investors, freeholders and leaseholders including the following:

Residential sale conveyancing in Burton Latimer or wider afield Domestic purchase conveyancing in Burton Latimer and beyond Helping tenants collectively buy their freehold (Collective Enfranchisement) including setting up the necessary companies Establishing title to a property Complex property law issues Buying a brand new house or apartment