I own a freehold premises in Rusholm but still invoiced for rent, why is this and what is this?
It’s unusual for properties in Rusholm and has limited impact for conveyancing in Rusholm 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 have existed for hundreds of years, but the Rent Charge Act 1977 barred the generation of new 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 post 2037 is to be extinguished.
Just acquired a detached house in Rusholm , What is the estimated time for the Land Registry to deal with the formalities evidencing the transfer to my name? My Rusholm conveyancing solicitor works at snail pace, so I want to check that my name is recorded.
As far as conveyancing in Rusholm registration is no quicker or slower than the rest of the country. Rather than based on location, timescales can adjust according to the party submitting the application, whether there are errors and whether the Land registry have to notify any other parties. Currently roughly three quarters of submission are completed within 12 days but occasionally there can be longer delays. Historically registration is effected after the new owner has moved in to the property therefore post completion formalities is not always top priority yet where there is a degree of urgency associated with the registration then you or your solicitor must communicate with the Registry to express the reasoning for the application to be prioritised.
I have been pointed in your direction by a number of estate agents in Rusholm to locate a property lawyer using your seach tool. What’s the financial inducement for Estate Agents to recommend your services over and above a competitor’s?
We don’t make any financial incentive for sending work in our direction. We thought it would be too underhand a fee as members of the public would think, ‘How come the agent getting a kickback? Why aren’t I getting any benefit too?’ We would prefer to grow our business on genuine recommendations.
I have been sourcing a conveyancing solicitor in Rusholm for my remortgage. Is there any facility to see a firm’s complaints history with the profession’s regulator?
Anyone can read documented Solicitor Regulator Association (SRA) determinations arising from investigations started on or after 1 January 2008. Visit Check a solicitor's record. To find information Pre 2008, or to check a solicitors record, ring 0870 606 2555, 08.00 - 18.00 Monday, Wednesday, Thursday, Friday and 09.30 - 18.00 Tuesday. For non-uk callers, use +44 (0)121 329 6800. The regulator may recorded telephone calls for training purposes.
I am looking to buy a repression flat in Rusholm and the vendor require completion within a week. Do conveyancing practitioners meet that timeframe? Am I best advised to select a local Rusholm firm or an online conveyancer that professes to complete quickly?
Attend your Rusholm shopping parade. Go in to two or three firms and request to talk to a conveyancing solicitor for a quote. Set out your needs and try and obtain a commitment on deadlines. Choose the firm that comes across as most genuine. Make sure to select a solicitor on the panel of lawyers who can act for your bank.