Rentcharge / Chief Rent

Champnos

Hi, hopefully someone can help me here. I bought a house a couple of years ago, first timer! Solicitor found it had "Chief Rent" payable on it, a whole £4 a year. The issue is really not the money of course its the fact my solicitor spent a lot of time on it and others may.

I was looking to redeem it today and low and behold I note the law states all charges now expire in 60 years. This charge was first paid in 1936 so is well over 60 years yet they are still demanding payments from me and I have been paying.

So the question is, how can I remove this from all records and tell them to stop bothering me as its over 60 years old? :beer:

When I sell i do not want new buyers to be having such issues.

LardyCake

See: https://forums.moneysavingexpert.com/discussion/comment/75097143#Comment_75097143

Champnos

Yes i see, I may have misread the act which states

Subject to this section, every rentcharge shall (if it has not then ceased to have effect) be extinguished at the expiry of the period of 60 years beginning—
(a)with the passing of this Act, or
(b)with the date on which the rentcharge first became payable,whichever is the later; and accordingly the land on which it was charged or out of which it issued shall, at the expiration of that period, be discharged and freed from the rentcharge.

I assumed was whichever was first haha. So still got to 2037, thats no good for me. How do i know if mine has been apportioned? I pay 1/4th of the rent as covered 4 properties, but I am charger separately. Seems like a lot more work to apportion and then redeem than just redeem.

asm89

If you are being charged separately I'd assume its already apportioned? But definitely a question for the solicitors

Champnos

That's my assumption but I am not going to spend money on solicitors for what would be £68 to redeem! I shall find out somehow or apply anyhow. Have sent the question to the government rent office before i send the forms.

asm89

It's late, haha and I'm more tired than I thought. Ha I I thought I was responding to another similar thread on the forum at the moment