What is a rent charge on a freehold property?
Question: I own a freehold property. I am trying to sell and I now understand a company holds a ‘rent charge’ over my house and I have to make an annual £10 payment. What is it for?
Answer: A rent charge is an annual payment that is usually for less than £10. Rent charges have existed since the 13th century and traditionally provided a continuing income for landowners who allowed their land be used for development. Basically, a rent charge, once it has been created, applies to all subsequent owners of the property and you have to pay it no matter how long it has existed. If you have registered your ownership of the property the rent charge should have appeared in the charges register at the Land Registry, so its existence shouldn’t come as much of a surprise. You could contact the company and ask it if it will accept a payment from you to be released from the rent charge, or you could contact the Government Office for the North West (which is responsible for all applications for the redemption of rent charges under the Rent Charges Act 1977). It will work out the price for redeeming the rent charge and the owner of the rent charge will be obliged to accept this sum. Sometimes this sum is less than the company would have demanded if you had contacted it directly; the disadvantage is that going through the Government Office can be a bit of a slow process.
Need any advice with your property? Contact the team at Cooper Adams 01903 770055
East Preston Infant & Junior Schools Christmas Fayre 2016
Loads of stalls, Win a Kindle in the prize draw – Friday 2nd December 2016 5.30 – 7.30pm Everyone welcome
Do Not Disturb
Thinking of moving in the New Year?
Are you thinking of moving in the New Year but don’t want the hassle over Christmas? Why not ask us about our ‘Do not disturb’ campaign.
It is specially designed for people who want to move asap but are really concerned that Christmas is coming up and want to enjoy that special time in peace.
It is really simple. We prepare your home for sale now before the Christmas tree goes up.
Then on December 27th (the peak time for buyers looking OnTheMarket.com and Rightmove) we launch your property for sale making sure you don’t miss any of those keen house hunters. Viewings are delayed until after the New Year which means you get the best of both worlds.
Call our office for more details – 01903 770055
Letters to Santa
Do you have Children?
Would they like to receive a letter from Santa?
We are pleased to announce that we have been able to link up with the North Pole this year.
Simply either pop into our office at 35 Sea Road, East Preston BN16 1JN to pick up a blank letter or print out the one below and drop into our special Santa Post Box at our office:
We will then arrange for the letter to be delivered to Santa so that he can write back.
Download (PDF, 1010KB)
Friday 9 December 2016 – 10:30 to 11 December 2016 18:00
East Preston Christmas Tree Festival (St Mary’s Church, Vicarage Lane, East Preston)
The parish church of East Preston and Kingston is holding a Christmas tree festival in St Mary’s church East Preston.
The festival will open December 9th-11th, Friday and Saturday 10.30am – 7.00pm and on Sunday 12.00 – 6.00pm.
Some 40 trees will be decorated by local groups, organisations, and businesses, with each tree reflecting the nature of the sponsor’s activity. Two year’s ago this event raised over £9000, some much needed funds towards the upkeep of our 12th century grade 1 listed church.
We at Cooper Adams have donated an Amazon Fire Tablet as a raffle prize.