I am about to purchase a property and the seller was not aware that the freehold property had a rent charge and therfore has never paid it. What can I do?
When acting for a buyer we will check if payments are up to date and have been paid. If they have not we can arrange with the sellers solicitors for the arrears to be paid before or on completion. If there rentcharge has not been paid for several years nor demanded we will ask or a deduction of 6 years of rentcharge as claims more than 6 years are statute barred. Therefore this will cover you should the rentcharge be requested from yourself.
We specialise in advising on the complex area of residential property law, especially Freehold Rentachrge. We offer a friendly, efficient and effective legal advice on any area of residential property law.
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