I own a freehold property in Frome but nevertheless charged rent, why is this and what is this?

It is rare for properties in Frome and has limited impact for conveyancing in Frome 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 hundreds of years, but the Rent Charge Act 1977 barred the establishment of new rentcharges post 1977.

Previous rentcharges can now be extinguished by making a lump sum payment under the Act. Any rentcharges that are still in existence post 2037 will be extinguished.

I am mortgaging my home in Frome, does my lawyer need to be on the Skipton Solicitor panel?

There is nothing to stop you using your solicitor, but Skipton will insist on their interests being represented by a firm on their conveyancing panel. There is much more potential for delays and confusion with an additional lawyer added to the mix, and it will undoubtedly be more expensive too.

What can a local search tell me regarding the property we're buying in Frome?

Frome conveyancing often starts with the submitting local authority searches directly from your local Authority or through a personal search organisations such as Onsearch The local search is essential in every Frome conveyancing purchase; as long as you wish to avoid any nasty once you have moved into your property. The search should reveal data on, amongst other things, details on planning applications relevant to the property (whether granted or refused), building control history, any enforcement action, restrictions on permitted development, nearby road schemes, contaminated land and radon gas; in all a total of thirteen topic sections.

I am a sole trader planning to lease a unit on the high street. Can you recommend lawyers offering no-sale-no charges for commercial conveyancing in Frome for under 1500k?

We can recommend firms who host a wealth of experience of commercial conveyancing in Frome, including the disposal and purchase of businesses as well as simply property. If you are looking to acquire or sell a shop, pub, restaurant, office, retail premises or a complete business we can find you the right firm. As for the costs this will depend on the structure and terms of the deal. Please provide us with your contact information or phone us so that we may provide you with comprehensive commercial conveyancing calculation.

I have recently placed an offer on an apartment in Frome and the mortgage adviser that we are using recommended his property lawyer. They quoted a thousand pounds plus VAT and disbursements. Does this sound expensive?

Don't just go on 1 estimate. One should obtain like-for-like quotes for your conveyancing in Frome. Then select one that you are comfortable with and crucially, is on the approved panel of the bank that you are sourcing your mortgage from.