I purchased a freehold property in Filey but nevertheless pay rent, why is this and what is this?
It is rare for properties in Filey and has limited impact for conveyancing in Filey 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 hundreds of years, but the Rent Charge Act 1977 barred the creation of new rentcharges from 1977 onwards.
Old rentcharges can now be extinguished by making a one off payment under the Act. Any rentcharges that are still in existence post 2037 is to be dispensed with completely.
I have just over seventy years left on my lease and need a lease extension for my flat in Filey. Conveyancing solicitors on the Virgin panel can deal with such extensions correct?
Most leasehold conveyancing experts should be able to deal with a lease extension. if you are securing a mortgage then your lender may insist that the lease be extended before competition. Virgin have specific requirements as set out in the UK Finance Lenders’ Handbook in relation to minimum unexpired lease terms. As of 24/2/2025 the requirements read as follows :
We are purchasing a property and the conveyancer has identified Chancel Repair to which the property could be obligated to contribute to as it falls into the area of such a church. He has suggested insurance. Is this really appropriate for conveyancing in Filey
Unless a prior purchase of the premises took place after 12 October 2013 you can assume that conveyancing practitioners carrying out conveyancing in Filey to remain recommending a chancel search and or insurance against a claim.
Despite weeks of looking the Title Certificate and documents to our home can not be found. The lawyers who handled the conveyancing in Filey 10 years ago no longer exist. Will I be able to sell the house?
In today’s world there are duplicates made of almost everything, and your solicitor will know exactly where to find all the appropriate documentation so you may purchase or dispose of your house without a hitch. Where duplicates can’t be located, your conveyancer can put in place insurance or indemnities protecting you against future claims on the premises.
How does conveyancing in Filey differ for new build properties?
Most buyers of new build residence in Filey contact us having been asked by the seller to sign contracts and commit to the purchase even before the house is completed. This is because house builders in Filey tend to purchase the land, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct conveyancers as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are used to new build conveyancing in Filey or who has acted in the same development.
What makes your site different to other web based conveyancing solicitors when it comes to conveyancing in Filey?
At this site obtain an accurate quote from a Solicitor or Licensed Conveyancer that appreciates the issues for your conveyancing in Filey. As opposed to estate agents and brokerage sites we do not operate kick-back arrangements with solicitors. Some agents and online brokers 'recommend' the firm that pays the highest kickback, not the best value conveyancing in Filey