I purchased a freehold residence in Acton but still charged rent, why is this and what is this?

It is rare for properties in Acton and has limited impact for conveyancing in Acton 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 creation of new rentcharges post 1977.

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

I am purchasing a house and need a conveyancing solicitor in Acton who is on the Nottingham Building Society solicitor. Can you recommend a local firm?

Our service is limited to being a directory service for firms who wish to listed as being on the approved conveyancing panel for Nottingham Building Society in certain locations such as Acton. We dont recommend any particular firm.

Have completed on a a terraced house in Acton , What is the estimated time for the Land Registry to register the transfer to my name? My Acton conveyancing solicitor has been very slow, so I want to be certain the registration is dealt with.

There is nothing unique when it comes to conveyancing in Acton registration formalities. Rather than based on location, timeframes can vary according to the party submitting the application, whether there are errors and whether the Land registry must send notices to any third persons or bodies. At present in the region of 80% of submission are fully addressed within 12 days but occasionally there can be longer hold-ups. Registration is effected once the purchaser is living at the property thus registration formalities is not always an essential issue yet if it is urgent that the the registration takes place urgently then you or your conveyancer must communicate with the Registry to express the reasoning for the application to be prioritised.

In what way can the Landlord & Tenant Act 1954 impact my commercial property in Acton and how can your lawyers assist?

The particular law that you refer to affords protection to commercial lessees, giving them the legal entitlement to apply to court for a continuation of occupancy at the end of an expired lease. There are certain specified grounds that a landlord can refrain from granting a lease renewal and the rules are complicated. We are happy to direct you to commercial conveyancing practices who use the act to your advantage and assist with commercial conveyancing in Acton

Is it best to appoint a Acton conveyancing lawyer who is local to the property I am buying? I have an old university friend who can handle the conveyancing but his firm is located over three hundred miles away.

The benefit of a high street Acton conveyancing firm is that you can drop in to execute documents, hand in your ID and apply pressure on them if necessary. Having local Acton know how is a benefit. However nothing is more important than finding someone that will pull out all the stops for you. If other friends have instructed your friend and they were impressed that should surpass using an unfamiliar Acton conveyancing lawyer just because they are local.