I am due to complete on the purchase of a property in Bromsgrove but as a result of wreckage from some water damage at the property I have managed to agree reparation from the seller in the sum of £3k by way of a reduction in the price. This was going to be dealt with as part of amending the contract but Kent Reliance will not permit this. Why were they approached?
Your lawyer that is on a Kent Reliance approved list is duty bound to inform Kent Reliance of any variations to the purchase price. If you were to refuse your lawyer to notify the price change to Kent Reliance then they would have to discontinue acting for you. In addition, Kent Reliance and you would have to appoint a new conveyancing practitioner for your conveyancing in Bromsgrove.
What can a local search reveal concerning the house we're purchasing in Bromsgrove?
Bromsgrove conveyancing often starts with the ordering local authority searches directly from your local Authority or via a personal search organisations for example Searches UK The local search plays a central part in many a Bromsgrove conveyancing purchase; that is if you wish to avoid any unpleasant once you have moved into your property. The search will provide data on, amongst other things, details on planning applications relevant to the premises (whether granted or refused), building control history, any enforcement action, restrictions on permitted development, nearby road schemes, contaminated land and radon gas; in all a total of thirteen topic sections.
It has been three months since my purchase conveyancing in Bromsgrove completed. I have checked the Land Registry site which shows that I paid £175,000 when infact I paid £170,000. 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 property 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.
How does conveyancing in Bromsgrove differ for newly converted properties?
Most buyers of new build residence in Bromsgrove approach us having been asked by the developer to exchange contracts and commit to the purchase even before the house is completed. This is because house builders in Bromsgrove usually buy the real estate, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct conveyancing solicitors as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are used to new build conveyancing in Bromsgrove or who has acted in the same development.
Yesterday I discovered that there is a flying freehold element on a property I have offered on last month in what should have been a quick, chain free conveyancing. Bromsgrove is the location of the property. What do you suggest?
Flying freeholds in Bromsgrove are not the norm but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Bromsgrove you would need to get your solicitor to go through the deeds very carefully. Your lender may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Bromsgrove may ascertain that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold premises.
What makes your site different to other web based conveyancing brokers for conveyancing in Bromsgrove?
At this site receive an accurate costs illustration from a Solicitor or Licensed Conveyancer that has a full understanding of the issues of your conveyancing in Bromsgrove. Unlike many estate agents and brokerage sites we do not have kick-back arrangements with solicitors. Some agents and online brokers 'recommend' the firm paying the highest commission, as opposed to the best value conveyancing in Bromsgrove