I am the registered owner of a freehold property in Yarmouth but still pay rent, why is this and what is this?

It is rare for properties in Yarmouth and has limited impact for conveyancing in Yarmouth 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 generation of fresh 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 post 2037 is to be dispensed with completely.

The estate agent has sent us the confirmation of our purchase of a new build apartment in Yarmouth. Conveyancing is necessary evil at the best of times but I have never purchased a new build flat before. What sort of enquires would be asked in new build legal work.

Here are examples of a few leasehold new build enquiries that you can expect your new-build leasehold conveyancing in Yarmouth

Where service of notices and proceedings can be at the property demised please confirm that this can be amended to include simultaneous services at the Lessees’ solicitors’ offices where the Lessee from time to time is not resident in the UK - such solicitors may be varied by notice in writing to the Landlord from time to time but otherwise will be as previously specified. Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company? The Vendor must covenant to keep unoccupied units in good repair until long leases are granted therefore. There must be mutual enforceability of lessee’s covenants. Please confirm the Lease plans are surveyor prepared.

I opted to have a survey carried out on a property in Yarmouth in advance of appointing solicitors. I have been informed that there is a flying freehold overhang to the property. The surveyor advised that some mortgage companies tend not grant a loan on a flying freehold property.

It depends who your proposed lender is. HSBC has different requirements from Nationwide. If you e-mail us we can check via the appropriate bank. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Yarmouth. Conveyancing will be smoother if you use a solicitor in Yarmouth especially if they are accustomed to such properties in Yarmouth.

My brother has recommend that I appoint his lawyers for conveyancing in Yarmouth. Do I take his guidance?

Much as we are happy to recommend a Yarmouth conveyancing lawyer the best way to choose a conveyancing lawyer is to seek feedback from friends or family who have actually previously instructed the solicitor that you are considering.

Do I need to pop into the offices of the bank conveyancing panel solicitor to execute the legal charge? If so, I will appoint a lawyer who conducts conveyancing in Yarmouth so that I can attend their offices if required.

Most conveyancing panel lawyers for the mortgage company undertake conveyancing via the post, internet or over the phone. This means that they can undertake your Conveyancing Transaction no matter where you live in England or Wales. YOu dont have to use a conveyancing solicitor in Yarmouth. However you should check if you can still book an appointment to go into appointed conveyancing lawyer if you prefer.