I purchased a freehold property in Parkstone but nevertheless pay rent, why is this and what is this?
It is rare for properties in Parkstone and has limited impact for conveyancing in Parkstone 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 fresh rentcharges post 1977.
Previous rentcharges can now be redeemed by making a one off payment under the Act. Any rentcharges that are still in existence post 2037 is to be dispensed with completely.
Will my conveyancing lawyers need to check that the building insurance for my purchase of a house in Parkstone. My lender is Tesco Bank
Tesco Bank have specific requirements as set out in the UK Finance Lenders’ Handbook. As of 4/4/2026, the requirements read as follows :
About to purchase a new build apartment in Parkstone. Conveyancing is a frightening process at the best of times but I have never purchased a new build flat before. What sort of enquires would be asked in new build legal work.
Here is a sample of a selection of leasehold new build questions that you can expect your new-build leasehold conveyancing in Parkstone
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There must be mutual enforceability of lessee’s covenants. Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose? Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company? Where there is an Undertaking being granted there is the risk of forfeiture of the Headlease subject to relief if one or more of the Underlessees are willing to accept the original Head Lessee’s obligations as otherwise relief will be denied to the Underlessees. The only alternatives are the Head Lessor agreeing not to forfeit the Headlease or the Head Lessee guaranteeing to the Underlessees that it will not be in breach of the Headlease. The Landlord must covenant to assume the management if the Management Company goes into liquidation or otherwise defaults in running the management scheme.
Given that I am about to spend hundreds of thousands of pounds on a garden flat in Parkstone I wish to talk to a lawyer regarding thehouse move prior to giving the go ahead to the firm. Can this be arranged?
We could not agree more - we would be happy to talk to you we do not take any clients on without you first talking to the conveyancer due to be doing your property ownership legalities in Parkstone.There is no ‘factory style conveyancing’ - each client is an important person, not a matter number. The solicitors that we put you in touch with believe that the fees you are calculated and presented to you for residential conveyancing in Parkstone should be the amount on the final invoice that you end up paying.
My partner has recommend that I use his lawyers for conveyancing in Parkstone. Should I use them?
Much as we are happy to recommend a Parkstone conveyancing lawyer the best way to find a conveyancing practitioner is to get recommendations from friends or relatives who have actually used the solicitor you're are thinking of instructing.
What if there is a problem with one of the searches for our conveyancing in Parkstone?
On the whole, most problems exposed in Parkstone conveyancing search responses can be dealt with prior to completion or title insurance could possibly be obtained. It is important to note that regardless of the fact that you intend on buying the premises and may be content to live with the search results, your lender may not, and ultimately they have the word say.