I purchased a freehold residence in Cranford but still pay rent, why is this and what is this?
It is rare for properties in Cranford and has limited impact for conveyancing in Cranford 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 post 1977.
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.
I am about to put an offer on a leasehold property in Cranford. The property agents advise that it is usual for flats in Cranford to have less than 75 years left on the lease. I am obtaining a mortgage with Platform. Is this going to be a problem if the lease has 69 years remaining.
Most leasehold conveyancing experts should be able to deal with a lease extension. if you are obtaining a mortgage then your lender may insist that the lease be extended before competition. Platform have specific requirements as set out in the UK Finance Lenders’ Handbook in relation to minimum unexpired lease terms. As of 24/2/2026 the requirements read as follows :
I need some quick conveyancing in Cranford as I have an ultimatum to complete inside one month. A home loan is not required. Is it possible to avoid the conveyancing searches to save fees and time?
If.Given you are are a cash purchaser you have the choice not to have searches conducted although no conveyancer would advise that you don't. Drawing on our experience of conveyancing in Cranford the following are examples of issues that can be revealed and therefore affect market value: Enforcement Notices, Outstanding Charges, Overdue Grants, Railway Schemes,...
Do I need to be suspicious about estate agents that I am dealing with are encouraging me to use an online conveyancing firm as opposed to a local Cranford conveyancing firm?
As is the case with lots of professional services, often input from relatives can be extremely useful or valuable. But there are lots of parties with a keen interest in a conveyancing deal; estate agents, mortgage brokers and lenders may recommend solicitors to appoint. On occasion the solicitors might be known to one of the organisations as being good in their field, but sometimes there is an underlying financial incentive behind the endorsement. You have the right to choose your own conveyancer. Don't forget that the majority of mortgage providers specify a panel list of solicitors you are obliged to use for the mortgage aspect of your conveyancing.
We are 17 days into a leasehold purchase having been referred to a firm by the estate agent to handle our conveyancing in Cranford. I am am extremely dissatisfied with the quality of service. Can you you assist me in finding new solicitors?
They would need to be really bad to suggest changing them. Has the mortgage offer been sent? In the event that it has you will need to inform them of the new conveyancer and have the offer are issued to the new lawyers. The conveyancer should be on the lenders approved list to avoid supplemental charges and frustration. So that should be your starting point. Our search tool can assist you in finding a bank approved solicitor for your conveyancing in Cranford
I own a leasehold flat in Cranford. Conveyancing and Nottingham Building Society mortgage organised. A letter has just been received from someone claiming to own the freehold. Attached was a ground rent demand for rent dating back to 1996. The conveyancing solicitor in Cranford who previously acted has long since retired. What should I do?
First contact the Land Registry to make sure that this person is in fact the new freeholder. There is no need to incur the fees of a Cranford conveyancing lawyer to do this as it can be done on-line for £3. Rest assured that regardless, even if this is the legitimate freeholder, under the Limitation Act 1980 no more than 6 years of rent can be collected.
We have reached the end of our tether in trying to purchase the freehold in Cranford. Can this matter be resolved via the Leasehold Valuation Tribunal?
Where there is a absentee freeholder or if there is disagreement about what the lease extension should cost, under the relevant statutes you can apply to the LVT to calculate the sum to be paid.
An example of a Freehold Enfranchisement matter before the tribunal for a Cranford flat is 164 Nestles Avenue in October 2013. The tribunal agreed with the proposed price of £20,158 for the freehold and determined that that sum is the amount to be paid into court This case was in relation to 2 flats. The unexpired term was 69 years.