I am the registered owner of a freehold property 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 date back hundreds of years, but the Rent Charge Act 1977 barred the establishment of new rentcharges from 1977 onwards.

Old rentcharges can now be extinguished by making a one off payment under the Act. Any rentcharges that are still in existence post 2037 will be extinguished.

Are the BSA intent on creating a online directory to to identify firms on the Loughborough BS conveyancing panel for instance in Burton Latimer?

We are not aware of any intention on the part of the BSA to promote such a tool.

Should commercial conveyancing searches disclose planned roadworks that may impact a commercial estate in Burton Latimer?

Its becoming the norm that commercial conveyancing solicitors in Burton Latimer will carry out a SiteSolutions Highways report as it dramatically cuts the time that conveyancers spend in looking into accurate data on highways that impact buildings and development assets in Burton Latimer. The search result provides definitive data on the adoption status of roads, footpaths and verges, as well as the implication of traffic schemes and the rights of way surrounding a commercial development sites in Burton Latimer.

For each commercial conveyancing transaction in Burton Latimer it is critical to investigate the adoption status of roads surrounding a site. Failure to identify developments where adoption procedures have not been addressed adequately can result in delays to Burton Latimer commercial conveyancing transactions as well as present a risk to future plans for the site. These searches are not carried out for domestic conveyancing in Burton Latimer.

I'm purchasing my first flat in Burton Latimer benefiting from help to buy. The developers refused to move on the price so I negotiated 6k of additionals instead. The estate agent advised me not inform my solicitor about the side-deal as it may impact my mortgage with the lender. 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.

Is it possible for you to refer me to a good Burton Latimer solicitor for buying an apartment? A friend recommended one but their estimate was £995 plus VAT for a 150k property. That seems a wee bit steep. The lender will be Skipton.

The purpose of this site is restricted to being a directory service for solicitors who want to be listed as being on the approved conveyancing panel for Skipton in certain areas such as Burton Latimer . We dont recommend any specific conveyancing practitioner.