I am the registered owner of a freehold residence in Fairfield but still invoiced for rent, why is this and what is this?

It is rare for properties in Fairfield and has limited impact for conveyancing in Fairfield 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 many centuries, but the Rent Charge Act 1977 barred the establishment of fresh rentcharges from 1977 onwards.

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

My mortgage company has recommended solicitors on their panel based in Fairfield but I would rather choose a conveyancing lawyer in Fairfield round the corner to me. Can you assist?

The minority of Fairfield conveyancing practices are approved and listed on all banks conveyancing panel. Do make use of our find an approved solicitor tool to locate a Fairfield conveyancing firm on the on the lender panel.

A friend pointed out to me me that in purchasing a property in Fairfield there could be various restrictions limiting what one can do in terms of external alterations to the property. Is this right?

We are aware of anumerous of properties in Fairfield which have some sort of restriction or requirement of consent to execute external variations. Part of the conveyancing in Fairfield should determine what restrictions are applicable and advising you as part of a ROT that should be sent to you.

I have decided to exercise my right to buy my property in Fairfield off the council. I have a mortgage offer with Clydesdale. Conveyancing is new to me. Can I proceed without a solicitor easily? I think we can but we keep being told I should use one. Any advice?

It is not advisable to proceed with a house purchase without a solicitor. The council's solicitor are not acting for you. You need a solicitor for a number reasons. One of which is to verify what plans the Council have for repairs and refurbishment for the next five years. Many leaseholders have been stung for contributions of thousands of pounds. In any event, if you are getting a mortgage with Clydesdale, you will need to appoint a solicitor on the Clydesdale conveyancing panel.

RBS have agreed my home loan in principle, my bid on a house in Fairfield has been agreed to, what happens next?

Your property agent will want to be informed of your property lawyer's details (be sure the solicitors are on the bank’s approved list). Telephone RBS or the broker and complete any appropriate paperwork. RBS will instruct a valuer who will get in contact with the estate agent or owners to arrange an appointment. Once carried out (assuming no problems) it takes approximately a fortnight to receive the mortgage offer. RBS will issue the offer to you and your solicitors. The legal work will then take it’s course according the nature and complexity of the conveyancing in Fairfield.

Due to the input of my in-laws I had a survey completed on a property in Fairfield in advance of instructing solicitors. I have been informed that there is a flying freehold element to the property. My surveyor advised that some banks may refuse to issue a mortgage on this type of premises.

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

I am hoping to put an offer on a small detached house that appears to tick a lot of boxes, at a great figure which is making it all the more appealing. I have since been informed that it's a leasehold as opposed to freehold. I would have thought that there are particular concerns purchasing a leasehold house in Fairfield. Conveyancing lawyers have are soon to be appointed. Will they explain the issues?

The majority of houses in Fairfield are freehold rather than leasehold. This is one of the situations where having a local solicitor used to dealing with such properties who can assist with the conveyancing process. It is clear that you are purchasing in Fairfield so you should seriously consider shopping around for a Fairfield conveyancing practitioner and check that they have experience in advising on leasehold houses. As a matter of priority you will need to check the unexpired lease term. Being a tenant you will not be at liberty to do whatever you want to the property. The lease comes with conditions such as requiring the freeholder’spermission to carry out alterations. It may be necessary to pay a maintenance charge towards the maintenance of the communal areas where the property is part of an estate. Your lawyer should appraise you on the various issues.

Fairfield Conveyancing for Leasehold Flats - Sample of Queries Prior to Purchasing

Please tell me if there are any major works anticipated that could add a premium to the service charges? Does the lease contain onerous restrictions? What is the name of the managing agents?