I am the registered owner of a freehold house in Bedford Park but nevertheless invoiced for rent, why is this and what is this?

It is rare for properties in Bedford Park and has limited impact for conveyancing in Bedford Park 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 creation 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 in 2037 is to be dispensed with completely.

How does conveyancing in Bedford Park differ for newly converted properties?

Most buyers of new build or newly converted property in Bedford Park approach us having been asked by the builder to exchange contracts and commit to the purchase even before the premises is completed. This is because new home sellers in Bedford Park usually acquire the real estate, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct conveyancing solicitors as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are accustomed to new build conveyancing in Bedford Park or who has acted in the same development.

I opted to have a survey done on a house in Bedford Park prior to appointing lawyers. I have been told that there is a flying freehold aspect to the property. My surveyor advised that some banks may not give a mortgage on this type of property.

It depends who your proposed lender is. HSBC has different requirements for example to Halifax. If you contact us we can look into this further 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 Bedford Park. Conveyancing may be slightly more expensive based on your lender's requirements.

Is it simple use the search tool to get a costs illustration from a conveyancing practitioner in Bedford Park on the authorised to act for my bank?

First select a lender such as Yorkshire Building Society, Skipton Building Society or Clydesdale then specify your location a common one being Bedford Park. Conveyancing organisations in Bedford Park and nationally will then be listed.

As co-executor for the estate of my grandmother I am selling a house in Swansea but I am based in Bedford Park. My lawyer (based 235 miles awayrequires that I sign a stat dec before the transaction finalising. Could you suggest a conveyancing practitioner in Bedford Park to witness this legal document for me?

Technically speaking you should not be required to have the documents attested by a conveyancing solicitor. Normally or notary public or solicitor will be fine regardless of whether they are Bedford Park based