All was ready to move into my new home in Canford Heath next Thursday. My now wants me to supply her with proof of content and building insurance for the property as as she informs me that she is duty bound to validate that it is in order for the mortgage company. What risks does the lender expect the insurance to cover?

All property lawyers on acting for banks would need to check that the following risks are covered fire; lightning; aircraft; explosion; earthquake; storm; flood; escape of water or oil; riot; malicious damage; theft or attempted theft; falling trees and branches and aerials; subsidence; heave;landslip;collision;accidental damage to underground services;professional fees, demolition and site clearance costs; and public liability to anyone else. There are some other issues such as the level of excess that are set out in a lender’s Part 2 instructions. These requirements are not limited to conveyancing in Canford Heath.

I own a freehold house in Canford Heath but still pay rent, why is this and what is this?

It is rare for properties in Canford Heath and has limited impact for conveyancing in Canford Heath 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 redeemed by making a lump sum payment under the Act. Any rentcharges that are still in existence post 2037 will be extinguished.

It has been four months following my purchase conveyancing in Canford Heath concluded. I have checked the Land Registry site which shows that I paid £175,000 when infact I paid £180,000. Why the discrepancy?

The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the residence from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.

I opted to have a survey done on a property in Canford Heath in advance of retaining conveyancers. I have been told that there is a flying freehold overhang to the property. Our surveyor has said that some banks tend not give a mortgage on a flying freehold premises.

It depends who your proposed lender is. Lloyds has different instructions from Nationwide. If you e-mail us we can check via the appropriate lender. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Canford Heath. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Canford Heath to see if the conveyancing will be more expensive.

As co-executor for the will of my grandmother I am selling a residence in Neath but live in Canford Heath. My conveyancer (who is 200 miles awayrequires that I sign a statutory declaration ahead of completion. Could you suggest a conveyancing solicitor in Canford Heath to attest this legal document for me?

strictly speaking you should not need to have the documents witnessed by a conveyancing solicitor. Ordinarily or notary public or solicitor will be fine regardless of whether they are located in Canford Heath