I am the registered owner of a freehold premises in Moseley but still charged rent, why is this and what is this?

It is rare for properties in Moseley and has limited impact for conveyancing in Moseley 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 hundreds of years, but the Rent Charge Act 1977 barred the creation of new rentcharges from 1977 onwards.

Previous rentcharges can now be extinguished by making a lump sum payment under the Act. Any rentcharges that are still in existence after 2037 will be extinguished.

What is the optimum way to check that the solicitor handling my conveyancing in Moseley is on the bank’sapproved panel? I am looking to avoid the situation of having one lawyer for me and one for Alliance & Leicester thus paying £187.00 plus VAT in supplemental legal invoice.

Feel free to take advantage of the find a conveyancing panel solicitor tool on this web page. Pick the lender and type ‘Moseley’ or your location and you will discover a number of lawyer based in Moseley or nearest you.

This question may be naive but I am unseasoned as a 1st time buyer of a ground floor flat in Moseley. Do I pick up the keys to the property on the completion date from my lawyer? If this is the case, I will appoint a High Street conveyancing solicitor in Moseley?

There is no need to visit the lawyers office on the day of completion. Your solicitors will transfer the completion advance to the seller's lawyers, and once they have received this, you will be invited to pick up the keys from the property Agents and move into your new home. Usually this happens early afternoon.

Please help - my lawyer advises that flying freehold insurance is required on my purchase. What is the typical level of cover needed for conveyancing in Moseley?

The right level of flying freehold indemnity insurance depends on your lender. It would differ for example between Accord Mortgages Ltd and Coventry Building Society. Conveyancing practitioners as opposed to members of the public take out such insurances.

I am currently in the process of buying my council flat in Moseley. I have a mortgage offer with RBS. Conveyancing is new to me. Can I proceed without a solicitor easily? I think we can but we keep being told I should have one. Any advice?

It is not advisable to proceed with a house purchase without a solicitor. The council's solicitor are not acting for you. You need a solicitor for a number reasons. One of which is to verify what plans the Council have for repairs and refurbishment for the next five years. Many leaseholders have been stung for contributions of thousands of pounds. In any event, if you are getting a mortgage with RBS, you will need to appoint a solicitor on the RBS conveyancing panel.

I have justdiscovered that Action Conveyancing have been shut down. They conducted my conveyancing in Moseley for a purchase of a leasehold apartment 9 months ago. How can I be sure that my home is registered correctly in the name of the previous owner?

The quickest method to see if the property is in your name, you can make a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Moseley conveyancing specialists.

Am I best advised to go with a Moseley conveyancing lawyer based in the area that I am buying? An old friend can execute the legal formalities but they are based over three hundred kilometers drive away.

The benefit of a local Moseley conveyancing firm is that you can pop in to sign paperwork, hand in your identification documents and apply pressure on them if necessary. Having local Moseley know how is a benefit. However nothing is more important than finding someone that will do a good and efficient job. If other friends have instructed your friend and they were content that must surpass using an unfamiliar Moseley conveyancing solicitor solely due to them being round the corner.