Would the conveyancing lawyers via your comparison service carry out conveyancing in Chichester by way of an attended exchange?
There are a few conveyancing experts carrying out attended exchanges. You should e-mail us to receive a fee calculation and details as to availability.
Should our solicitor be asking questions concerning flooding as part of the conveyancing in Chichester.
The risk of flooding is if increasing concern for conveyancers dealing with homes in Chichester. There are those who acquire a house in Chichester, fully aware that at some time, it may suffer from flooding. However, aside from the physical damage, if a house is at risk of flooding, it may be difficult to get a mortgage, adequate building insurance, or sell the property. There are steps that can be taken during the course of a property purchase to forewarn the buyer.
Solicitors are not qualified to give advice on flood risk, however there are a various searches that can be initiated by the purchaser or by their conveyancers which can give them a better appreciation of the risks in Chichester. The conventional set of information given to a purchaser’s conveyancer (where the solicitors are adopting what is known as the Conveyancing Protocol) incorporates a usual inquiry of the seller to discover if the property has suffered from flooding. If flooding has previously occurred and is not revealed by the vendor, then a buyer may bring a claim for damages resulting from an misleading response. The buyer’s lawyers should also order an environmental search. This will disclose if there is a recorded flood risk. If so, more detailed investigations should be conducted.
four months have elapsed following my purchase conveyancing in Chichester concluded. I have checked the Land Registry website which shows that I paid £200,000 when infact I paid £215,000. 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.
Over the last few months I have been searching for a flat up to £195,000 and identified one round the corner in Chichester I like with amenity areas and transport links nearby, however it's only got 52 remaining years left on the lease. I can't really find anything else in Chichester in this price bracket, so just wondered if I would be making a grave error acquiring a short lease?
If you require a mortgage the remaining unexpired lease term will likely be problematic. Discount the offer by the anticipated lease extension will cost if it has not already been discounted. If the existing owner has owned the property for at least 2 years you can request that they start the process of the extension and pass it to you. An additional ninety years can be extended on to the existing lease term and have £0 ground rent by law. You should consult your conveyancing lawyer concerning this.
We are 17 days into a freehold purchase having been directed to conveyancers by the selling agent to do our conveyancing in Chichester. We are not happy. Can you you assist me in finding new conveyancers?
A conveyancer would have to be very poor in order to consider changing them. Has the mortgage been generated? If so you will need to advise them of the new contact details and ensure the offer are issued to the new lawyers. Your new solicitor ideally needs to be on the banks panel to avoid added charges and frustration. So that should be your first question of the new conveyancers. The find a solicitor tool should assist you in finding a bank approved lawyer for your home move in Chichester
I am on look out for some leasehold conveyancing in Chichester. Before I set the wheels in motion I want to be sure as to the remaining lease term.
Assuming the lease is registered - and most are in Chichester - then the leasehold title will always include the short particulars of the lease, namely the date; the term; and the original parties. From a conveyancing perspective such details then enable any prospective buyer and lender to confirm that any lease they are looking at is the one relevant to that title. For any other purpose, such as confirming how long the term was granted for and calculating what is left, then the register should be sufficient on it's own.
I inherited a 2 bed flat in Chichester, conveyancing having been completed May 1995. Can you let me have an estimate of the premium that my landlord can legally expect in return for granting a renewal of my lease? Comparable flats in Chichester with over 90 years remaining are worth £265,000. The ground rent is £50 per annum. The lease ends on 21st October 2101
With only 76 years left to run the likely cost is going to range between £8,600 and £9,800 plus legals.
The suggested premium range above a general guide to costs for renewing a lease, but we are not able to advice on a more accurate figure without more detailed investigations. You should not use the figures in a Notice of Claim or as an informal offer. There may be additional concerns that need to be taken into account and clearly you should be as accurate as possible in your negotiations. Please do not take any other action based on this information before getting professional advice.