I am the registered owner of a freehold house in Willenhall but nevertheless charged rent, why is this and what is this?
It is rare for properties in Willenhall and has limited impact for conveyancing in Willenhall 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 establishment of new rentcharges from 1977 onwards.
Old rentcharges can now be extinguished by making a one off payment under the Act. Any rentcharges that are still in existence after 2037 is to be extinguished.
My wife and I are intent on selling our property in Willenhall and according to the buyers it appears that there is a risk of it being constructed land that was not decontaminated. Any local conveyancer would know this is not the case. For the life of me I don't know why the buyers used an online conveyancing practice as opposed to a conveyancing solicitor in Willenhall. We have lived in Willenhall for 5 years we know of no issue. Should we contact our local Authority to get clarification that the buyers are looking for.
It would appear that you have a conveyancing firm already. Are they able to advise? You need to check with your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out life insurance to cover that same ailment)
It has been four months since my purchase conveyancing in Willenhall took place. I have checked the Land Registry website which shows that I paid £150,000 when infact I paid £180,000. Why the discrepancy?
The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the residence from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.
In surfing the web for the words on line conveyancing in Willenhall it reveals many conveyancersin the vicinity. How do I determine which is the right solicitor for purchase transaction?
The best method of seeking the right conveyancer is through a trusted testimonial, so enquire of colleagues and family who have bought a property in Willenhall or a respected estate agent or mortgage broker. Fees for conveyancing in Willenhall vary, so it's advisable to obtain at least three quotes from different law firms. Make sure that you clarify that the charges are guaranteed not to rise.
What can I do to determine who owns a property in Willenhall?
As long as the property is registered with HMLR, and you have enough details of the address of the property, you should be able to view details from the HMLR of the recorded owner for a a minimal charge.