I am intent on selling our house in Copmanthorpe and according to the buyers it appears that there is a possibility that the property was built land that was not decontaminated. A local lawyer would know this is not the case. It does beg the question why the buyers used a national conveyancing practice rather than a conveyancing solicitor in Copmanthorpe. Having lived in Copmanthorpe for many years we know of no issue. Do we contact our local Authority to get clarification that there is no issue.
It would appear that you have a conveyancing lawyer currently acting for you. What do they say? 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 health insurance to cover that same illness)
2 months have elapsed since my purchase conveyancing in Copmanthorpe took place. I have checked the Land Registry site which shows that I paid £200,000 when infact I paid £160,000. 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 purchasing a new build house in Copmanthorpe benefiting from help to buy. The builders would not reduce the price so I negotiated five thousand pounds worth of extras instead. The house builders rep suggested that I not inform my conveyancer about the side-deal as it will put at risk my mortgage with the lender. Should I keep quiet?.
All lenders require a Disclosure of Incentives Form from the builder of any new build, converted or renovated property, It is available online from the Lenders’ Handbook page on the CML website. CML form is completed and handed to the lender's surveyor when the inspection is done.
Lenders have different policies on incentives. Some accept none at all, cash or physical, while others will accept cash incentives up to 5%.
Hard to understand why the representative of a builder would be suggesting you withold information from a solicitor when all this will be clearly visible on forms the builder has to supply to its solicitor, the buyer's solicitor and the surveyor.
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At this site secure an accurate costs illustration from a Solicitor or Licensed Conveyancer that has a full understanding of the issues for your conveyancing in Copmanthorpe. Unlike many estate agents and brokerage sites we do not operate commission deals with solicitors. A large number of agents and online brokers 'recommend' the firm that pays the highest kickback, not the best value conveyancing in Copmanthorpe
Having had my offer accepted I require leasehold conveyancing in Copmanthorpe. Before I set the wheels in motion I would like to find out the unexpired term of the lease.
Assuming the lease is registered - and almost all are in Copmanthorpe - then the leasehold title will always include the basic details 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.
Copmanthorpe Conveyancing for Leasehold Flats - A selection of Queries Prior to buying
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What is the length of the lease? You should be aware if it is no more than eighty years it will affect the value of the apartment. It is worth checking with your mortgage company that they are willing to lend given the lease term. Leases with less than 80 years remaining means that you will probably have to extend the lease sooner rather than later and it is worth discovering how much this would cost. Remember, in most cases you will be required to have owned the premises for two years in order to be eligible to exercise a lease extension.
My fiance is purchasing a basement flat in Copmanthorpe. He has received an estimate by the lawyer connected to the selling agents totaling £1250 . It was 7 years ago since I sold and purchased a house and the bill was £495. Have costs really gone up that much?
What does the conveyancing estimate include? Is it just for the legal fees, or what you will be paying in total (for instance Copmanthorpe searches, land registry fees, etc)