I am the registered owner of a freehold premises in Frinton On Sea but nevertheless charged rent, why is this and what is this?

It is rare for properties in Frinton On Sea and has limited impact for conveyancing in Frinton On Sea 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 creation of fresh rentcharges from 1977 onwards.

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

We're in Frinton On Sea, First timers buying with a mortgage (lender is , and our solicitor is on the conveyancing panel). How long should the conveyancing process take?

The fact that your lawyer is on the conveyancing panel is a help. It would almost certainly delay matters if they were not. However, no should guarantee a timeframe for your conveyancing, due to third parties outside of your control such as delays caused by lenders,conveyancing search providers or by the other side’s solicitors. The time taken is often determined by the number of parties in a chain.

I got the keys to my house on 2 September and my personal details is yet to be registered. Any reason for this? My conveyancing solicitor in Frinton On Sea said it should be registered in a couple of weeks. Are titles in Frinton On Sea uniquely lengthy to register?

There is nothing unique about conveyancing in Frinton On Sea registration formalities. Rather than based on location, timescales can vary according to the party submitting the application, whether it is in order and if the Land registry communicate with any interested parties. Currently roughly three quarters of submission are fully addressed in less than three weeks but occasionally there can be longer delays. Registration takes place once the new owner is living at the property so 'speed' is not always primary concern yet if it is urgent that the the registration takes place urgently then you or your lawyers should speak with the land registry and explain the circumstances.

My husband and I are novice buyers - agreed a price, but the property agent told us that the vendor will only issue a contract if we appoint the agent's chosen conveyancers as they need an ‘expedited deal’. My instinct tells me that we should use a local conveyancer who is accustomed to conveyancing in Frinton On Sea

We suspect that the seller is not behind this demand. If they want ‘a quick sale', taking such a hostile approach to a motivated buyer is is going to put the whole deal at risk. Speak to the vendors direct and explain that (a)you are keen to buy (b)you are ready to progress, with finances arranged © you are unencumbered (d) you wish to move quickly (e)but you are going to appoint your preferred Frinton On Sea conveyancing firm - as opposed tothose that will earn their negotiator at the agency a kickback or hit his conveyancing targets pre-set by senior management.

My partner and I may need to rent out our Frinton On Sea 1st floor flat for a while due to a new job. We used a Frinton On Sea conveyancing firm in 2003 but they have closed and we did not have the foresight to get any guidance as to whether the lease permits subletting. How do we find out?

The lease governs relations between the freeholder and you the flat owner; specifically, it will say if subletting is not allowed, or permitted but only subject to certain conditions. The accepted inference is that if the lease contains no specific ban or restriction, subletting is permitted. The majority of leases in Frinton On Sea do not prevent subletting altogether – such a provision would undoubtedly devalue the flat. Instead, there is usually simply a requirement that the owner notifies the freeholder, possibly sending a duplicate of the tenancy agreement.

I acquired a basement flat in Frinton On Sea, conveyancing was carried out in 1995. Can you let me have an estimate of the premium that my landlord can legally expect in return for granting a renewal of my lease? Equivalent properties in Frinton On Sea with an extended lease are worth £165,000. The average or mid-range amount of ground rent is £45 charged once a year. The lease expires on 21st October 50

With just 50 years left to run we estimate the premium for your lease extension to range between £36,100 and £41,800 as well as professional fees.

The figure that we have given is a general guide to costs for renewing a lease, but we are not able to advice on a more accurate figure in the absence of detailed due diligence. Do not use this information in a Notice of Claim or as an informal offer. There are no doubt additional issues that need to be considered and you obviously want to be as accurate as possible in your negotiations. Please do not take any other action based on this information without first seeking the advice of a professional.