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

It’s unusual for properties in Droylsden and has limited impact for conveyancing in Droylsden 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 new rentcharges from 1977 onwards.

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

Do the Building Society Association intend to launch a search tool with a view to to identify practices on the Darlington Building Society conveyancing panel for instance in Droylsden?

We have not been informed any intention on the part of the BSA to develop such a search facility.

Due to the guidance of my in-laws I had a survey completed on a house in Droylsden prior to retaining lawyers. I have been informed that there is a flying freehold overhang to the house. My surveyor advised that some lenders will refuse to give a mortgage on such a house.

It depends who your proposed lender is. HSBC has different instructions from Halifax. Should you wish to telephone us we can check via the relevant bank. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Droylsden. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Droylsden to see if the conveyancing costs will increase in light of this.

As co-executor for the estate of my aunt I am disposing of a residence in Newport but live in Droylsden. My lawyer (based 300 kilometers from meneeds me to sign a stat dec before completion. Could you suggest a conveyancing solicitor in Droylsden who can attest and place their company stamp on the document?

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

My wife and I purchased a leasehold house in Droylsden. Conveyancing and Platform Home Loans Ltd mortgage went though with no issue. I have received a letter from someone claiming to own the freehold. Attached was a demand for arrears of ground rent dating back to 1994. The conveyancing practitioner in Droylsden who previously acted has long since retired. Any advice?

First contact HMLR to be sure that the individual claiming to own the freehold is in fact the new freeholder. You do not need to instruct a Droylsden conveyancing firm to do this as you can do this on the Land Registry website for less than a fiver. You should note that in any event, even if this is the rightful landlord, under the Limitation Act 1980 no more than 6 years of rent can be collected.

Droylsden Leasehold Conveyancing - Examples of Questions you should ask before Purchasing

It would be prudent to investigate if there is anything that is prohibited in the lease. By way of example plenty of leases prohibit pets being allowed in in a block in Droylsden. If you love the propertyin Droylsden however your dog can’t make the move with you then you will be faced difficult choice. Many Droylsden leasehold flats will incur a service bill for the upkeep of the block invoiced by the management company. If you acquire the property you will have to meet this charge, normally in instalments throughout the year. This can vary from two or three hundred pounds to thousands of pounds for buildings with lifts and large communal grounds. In all probability there will be a ground rent for you to pay yearly, this is usually not a large figure, say approximately £50-£100 but you need to check as occasionally it could be surprisingly expensive. How many of the leaseholders are in arrears for their maintenance charge payments?