Owning your own home

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Drakien in reply to @Mr_Smyth

Arg, that sounds horrendous, you have my sympathy. My offer runs out in 4 weeks, same for my buyer. Hold up for me has been a deed of variation which is being demanded by my buyer's mortgage lender, and being disputed by the owner of the rentcharge on my property. The whole rentcharge thing is such a scam.

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NickCJ in reply to @Drakien

The whole rentcharge thing is such a scam

I'd never heard of these until just now. Apparently "Rentcharges extinguish automatically on 21st July 2037 or 60 years from the date of which the Rentcharge first became payable, whichever is later." so hopefully not a problem for too much longer!

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Drakien in reply to @NickCJ

whichever is later
So about 2050 for mine then. :(

You can pay to get it "redeemed" (taken off) which would have been a good idea had I known about it months ago, but suggesting useful things is apparently not on the list of services my solicitors provide.

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