I am the registered owner of a freehold property in Old Stratford yet invoiced for rent, why is this and what is this?
It is rare for properties in Old Stratford and has limited impact for conveyancing in Old Stratford 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 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 in 2037 will be dispensed with completely.
I have Fifty Six years left on my lease and require a lease extension for my flat in Old Stratford. Conveyancing solicitors on the Virgin panel can deal with such extensions right?
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. Virgin have specific requirements as set out in the UK Finance Lenders’ Handbook in relation to minimum unexpired lease terms. As of 20/9/2026 the requirements read as follows :
Last month we had a mortgage agreed in principle with Aldermore. Old Stratford conveyancing practitioners are chosen. How long does it take for Aldermore to forward the offer to the conveyancer?
There is no definitive answer here. Have Aldermore done the valuation? Have you advised Aldermore as to your lawyers' details and checked that your lawyers are on the Aldermore conveyancing panel? Sometimes it can take as long as six weeks for a mortgage offer to be issued.
After weeks of negotiation I have agreed a price on an apartment in Old Stratford. My mortgage broker recommended their conveyancers. I paid an advanced payment of £150. A couple of days later, the lawyer called me embarrassingly acknowledging that they were not on the Co-operative conveyancing panel. Am I right in thinking that I should be due a refund?
You should be able to recover this from the law firm if they were not on the Co-operative panel. They should have asked at the outset which lender you were obtaining a mortgage with. An important lesson to readers of this site is to check that the lawyers are on the appropriate lender panel.
Our offer on a semi in Old Stratford has been accepted, the owners do nevertheless have a dependent purchase. The owners have offered on a flat, however it’s not yet tied up, and are looking at other properties in the pipeline. I have selected a nearby conveyancing solicitor in Old Stratford. What should be my next step? When should I get the mortgage application with Principality going?
It is usual to have anxieties where there is a chain as you are unlikely to want to incur expenses prematurely (home loan application is in the region of £1k, then valuation, Old Stratford conveyancing search fees, etc). First, you should ensure that your property lawyer is on the Principality approved list. Regarding the subsequent steps this very much depends on the uniqueness of your case, desire for this property and on the state of the market. In a rising market many home buyers will apply for a home loan with Principality and arrange for the valuation and only if it comes back ok would they ask their conveyancer to press on with the conveyancing in Old Stratford.
Will commercial conveyancing searches reveal planned roadworks that could affect a commercial property in Old Stratford?
Its becoming the norm that commercial conveyancing solicitors in Old Stratford will execute a SiteSolutions Highways report as it dramatically cuts the time that conveyancers spend in sourcing accurate data on highways that impact buildings and development assets in Old Stratford. The search result sets out definitive information on the adoption status of roads, footpaths and verges, as well as the implication of traffic schemes and the rights of way surrounding a commercial development sites in Old Stratford.
For every commercial conveyancing transaction in Old Stratford it is critical to investigate the adoption status of roads surrounding a site. The absence of identifying developments where adoption procedures have not been addressed adequately can cause delays to Old Stratford commercial conveyancing deals as well as pose a risk to future plans for the site. These searches are not carried out for residential conveyancing in Old Stratford.
The deeds to my property can not be found. The conveyancers who handled the conveyancing in Old Stratford 10 years ago are no longer around. What are my options?
As long as the title is registered the details of your ownership will be recorded by HMLR with a Title Number. It is possible to carry out a search at the Land Registry, identify your property and get current copies of the property title for a small fee. If the property is Leasehold then the Land Registry will usually hold a certified copy of the Registered Lease and again, a copy can be retrieved for a small fee.
I have been pointed in your direction by numerous property agents in Old Stratford to choose a property lawyer using your seach tool. What’s the financial inducement for Estate Agents to offer your services rather than a competitor’s?
We don’t make any financial incentive for pointing buyers and sellers in our direction. We found it would be just too difficult a fee as home movers will think, ‘Why is the agent getting a kickback? Why am I not receiving any benefit too?’ We would prefer to grow our business on genuine recommendations.