I purchased a freehold house in Danescourt but still charged rent, why is this and what is this?

It’s unusual for properties in Danescourt and has limited impact for conveyancing in Danescourt 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 redeemed by making a one off payment under the Act. Any rentcharges that are still in existence post 2037 will be extinguished.

I'm purchasing my first flat in Danescourt benefiting from help to buy. The sellers would not budge the price so I negotiated 6k of extras instead. The property agent advised me not disclose to my conveyancer about this deal as it may impact my loan with the bank. Is this normal?.

All lenders require a Disclosure of Incentives Form from the developer of any new build, converted or renovated property, It is available online from the Lenders’ Handbook page on the CML website. CML form is completed and handed to the lender's surveyor when the inspection is done.

Lenders have different policies on incentives. Some accept none at all, cash or physical, while others will accept cash incentives up to 5%.

Hard to understand why the representative of a builder would be suggesting you withold information from a solicitor when all this will be clearly visible on forms the builder has to supply to its solicitor, the buyer's solicitor and the surveyor.

I decided to have a survey carried out on a property in Danescourt before retaining lawyers. I have been informed that there is a flying freehold overhang to the house. My surveyor has said that some lenders will not grant a mortgage on this type of home.

It varies from the lender to lender. Lloyds has different requirements for example to Halifax. Should you wish to call us we can check with the relevant mortgage company. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Danescourt. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Danescourt to see if the conveyancing will be more expensive.

Is it possible to change solicitor as I need to retain a firm on the Accord Mortgages Ltd conveyancing panel. I hired a family conveyancing solicitor in Danescourt round the corner but she is not accepted by Accord Mortgages Ltd

We will our best to assist in finding you a conveyancing solicitor in Danescourt on the Accord Mortgages Ltd panel. Please note that the solicitors that we list do not pay us fee if you instruct them and are authorised and regulated by the Solicitors Regulation Authority who oversee all conveyancing solicitors in Danescourt. In utilising search facility on this site, you can compare and instruct different solicitors and conveyancers both nationally and in Danescourt.

My step-father has urged me to appoint his lawyers for conveyancing in Danescourt. Should I find my own solicitor?

There are no two ways about it it’s preferable to find a conveyancing practitioner is to have guidance from friends or family who have previously instructed the solicitor you're considering.