I own a freehold residence in Dudley yet charged rent, why is this and what is this?

It is rare for properties in Dudley and has limited impact for conveyancing in Dudley 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 date back many centuries, but the Rent Charge Act 1977 barred the generation of fresh rentcharges from 1977 onwards.

Old rentcharges can now be redeemed by making a one off payment under the Act. Any rentcharges that are still in existence after 2037 is to be dispensed with completely.

What happens if my solicitor is suspended from the Principality Solicitor panel ahead of completing my conveyancing in Dudley?

The first thing to point out is that, this is very unlikely to happen. In most cases even where a law firm is removed off of a panel the lender would allow the completion to go ahead as the lender would appreciate the difficulties that they would place you in if you have to instruct a new solicitor days before completion. In a worst case scenario where the lender insists that you instruct a new firm then it is possible for a very good lawyer to expedite the conveyancing albeit that you may pay a significant premium for this. The analogous situation is where a buyer instructs a lawyer, exchanges contracts and the law firm is shut down by a regulator such as the SRA. Again, in this situation you can find lawyers who can troubleshoot their way to bring the conveyancing to a satisfactory conclusion - albeit for a fee.

Have completed on a a terraced house in Dudley , how long should it take for the Land Registry to record the transfer to my name? My Dudley conveyancing solicitor works at snail pace, so I want to check that my ownership is recorded.

As far as conveyancing in Dudley is concerned, registration is no quicker or slower than the rest of England and Wales. As opposed to being determined by geographic area, timeframes can adjust depending on who lodges the application, whether there are errors and whether the Land registry communicate with any third parties. At present approximately 80% of submission are fully addressed within 12 days but some can be subject to protracted delays. Registration takes place after the new owner has moved in to the premises thus post completion formalities is not always top priority yet if it is urgent that the the registration takes place urgently then you or your solicitor should speak with the land registry and explain the circumstances.

The estate agent has sent us the confirmation of our purchase of a new build apartment in Dudley. Conveyancing is necessary evil 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 conveyancing.

Here are examples of a selection of leasehold new build enquiries that you should expect your new-build leasehold conveyancing in Dudley

Will control of the Management Company (if any) be handed over to purchasers on completion of the last sale or earlier? Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose? The Landlord must covenant to assume the management if the Management Company goes into liquidation or otherwise defaults in running the management scheme. There must be mutual enforceability of lessee’s covenants. Forfeiture - bankruptcy or liquidation must not apply under this provision.

How easy is it to switch firm as I have to retain one who is on the Nationwide Building Society conveyancing list. I was using a high street conveyancing solicitor in Dudley five minutes from me but she is not accepted by Nationwide Building Society

We will our best to assist in finding you a conveyancing solicitor in Dudley on the Nationwide Building Society panel. Please note that the property lawyers that we on the directory do not pay us fee if you instruct them and are registered with the Solicitors Regulation Authority who regulate all conveyancing solicitors in Dudley. In utilising the find a conveyancing solicitor tool on this site, you can compare costs for conveyancing solicitors in Dudley and beyond.