Just been in touch with my conveyancing lawyer in Clifton Village who acted for me 18 months ago requesting a conveyancing costs illustration based on an identical type of home move (a leasehold premises and a freehold property) of similar values with a mortgage from Santander. It looks as though am now being charged double. Stick with what I know or should I try and find a cheaper internet conveyancer?
The estimate does seem a tad steep. If you shop around you could shave off some of the expense by say a hundred pounds. That being said, if you were happy with the legal work the firm offered you maylive to rue opting for an an untested lawyer. If is important to check that the conveyancer can act for Santander. Do make use of our search tool to get a quote a Clifton Village conveyancing firm on the Santander conveyancing panel, which can often include conveyancing solicitors in Clifton Village.
I need some fast conveyancing in Clifton Village as I have an ultimatum to complete within one month. Thankfully I do not need a mortgage. Can I decline from having conveyancing searches to save money and time?
As you are not obtaining a home loan you are at liberty not to do searches although no solicitor would advise that you don't. With plenty of history conveyancing in Clifton Village the following are instances of issues that can show up and therefore affect the marketability of the property: Refused Planning Applications, Overdue Fees, Overdue Grants, Railway Schemes,...
It has been 4 months since my purchase conveyancing in Clifton Village concluded. I have checked the Land Registry website which shows that I paid £150,000 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 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.
I am looking for a leasehold apartment up to £195,000 and found one close by in Clifton Village I like with a park and station in the vicinity, the downside is that it's only got 61 years on the lease. I can't really find anything else in Clifton Village suitable, so just wondered if I would be making a mistake purchasing a lease with such few years left?
If you require a mortgage the remaining unexpired lease term will likely be a potential deal breaker. Reduce the offer by the expected lease extension will cost if not already taken into account. If the existing proprietor has owned the property for a minimum of twenty four months you can ask them to commence the lease extension formalities and pass it to you. You can add 90 years to the current lease and have £0 ground rent by law. You should speak to your conveyancing lawyer regarding this.
I am in need of some leasehold conveyancing in Clifton Village. Before I get started I would like to find out the number of years remaining on the lease.
If the lease is registered - and 99.9% are in Clifton Village - 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.
Clifton Village Conveyancing for Leasehold Flats - A selection of Questions you should consider before buying
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Be sure to enquire if the the lease contains any onerous restrictions in the lease. By way of example plenty of leases prohibit pets being allowed in in a block in Clifton Village. If you like the propertyin Clifton Village yet your dog can’t live with you then you will be presented with a difficult choice. The answer will be helpful as a) areas could cause problems in the block as the communal areas may begin to deteriorate if services are not paid for b) if the tenants have a dispute with the managing agents you will wish to have all the details For most Clifton Village leaseholds the cost for major works are not included within service charges, although a few managing agents in Clifton Village require tenants to pay into a sinking fund created for the specific intention of building a fund for major works.
I am due to review costs for conveyancing in Clifton Village from three solicitor and decide on one. Am I right to ask them to hold tight until I have found somewhere to purchase.
We suggest that you only ask your solicitor to open a file and apply for searches once the offer has been accepted on the property particularly as Clifton Village conveyancing searches are not cheap.