I am need of leasehold conveyancing for an apartment in a relatively new development (five years built) in Stoke Poges. Almost all the properties have already been occupied. Is it really necessary to order local searches for my conveyancing in Stoke Poges?

A big part of the Stoke Poges legal transfer of property is the conveyancing searches. There are hundreds companies who offer Stoke Poges conveyancing searches, as well direct from local authority. These are generally termed personal search organisation due to them carrying out, personal searches. Nevertheless, all Local Authority Search conveyancing products have one thing in common - they must obtain their information from the local authority.

I purchased a freehold premises in Stoke Poges but nevertheless pay rent, why is this and what is this?

It is rare for properties in Stoke Poges and has limited impact for conveyancing in Stoke Poges 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 creation of new rentcharges from 1977 onwards.

Old rentcharges can now be redeemed by making a lump sum payment under the Act. Any rentcharges that are still in existence after 2037 will be dispensed with completely.

I am buying a property for cash in Stoke Poges. I have been living for the last twelve years in Stoke Poges. Conveyancing searches are a lot of money. As I know the area and road very well must I have all the conveyancing searches?

Provided that you do not need a mortgage, then the vast majority of the Stoke Poges conveyancing searches are optional. Your conveyancer will try and sway you, no-doubt strongly, that you should have searches completed, but she is duty bound to take that path of advice. One thing to consider; if you are likely to sell the house one day, it will likely be be of interest to your future buyer what the searches contain. Sometimes properties with apparent issues can still show up unfavourable search results.A good conveyancing solicitor in Stoke Poges will be able to give you some practical guidance in this regard.