I have an AIP. The lender mentioned the mortgage came with free conveyancing. Does this mean I have to appoint their panel conveyancer as I would much rather appoint a Crawley based conveyancing firm?
Do check but the chances are that give you one of their panel lawyers if you want the "fee-free" incentive. Speak to the lender and explore if they offer you a cash alternative. In the past a few lenders offered a £250 cashback as a further option in which case you could put that amount towards your preferred conveyancing solicitor near Crawley.
Various internet forums that I have come across warn that are the number one reason for stalling in Crawley conveyancing transactions. Is that correct?
The Council of Property Search Organisations (CoPSO) has noted the findings of a review by MoveWithUs that conveyancing searches do not figure within the most frequent causes of hindrances during the legal transfer of property. Local searches are not likely to be the root cause of holding up conveyancing in Crawley.
It has been five months since my purchase conveyancing in Crawley took place. I have checked the Land Registry website which shows that I paid £175,000 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 premises 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.
Given that I am about to spend 450k on a two bedroom apartment in Crawley I wish to talk to a solicitor concerning thetransaction ahead of appointing the firm. Can this be arranged?
Absolutely - we would be delighted to talk to you we do not take any clients on without you first talking to the lawyer who will be carrying out your property ownership legalities in Crawley.There is no ‘factory style conveyancing’ - every client is an important individual, not a case reference. The solicitors that we put you in touch with believe that the fees you are calculated and presented to you for residential conveyancing in Crawley should be the figure that you end up paying.
I’m about to sell my ground floor apartment in Crawley. Conveyancing has not commenced, but I have recently received a half-yearly maintenance charge invoice – Do I pay up?
The sensible thing to do is pay the service charge as normal because all ground rent and service charges will be allotted as part of the financial calculations for completion monies, so you will be reimbursed by the purchaser for the period running from after the completion date to the subsequent invoice date. Most managing agents will not acknowledge the buyer until the service charges have been paid and are up to date, so it is important for both buyer and seller for the seller to show that they are up to date. Having a clear account will assist your cause and will leave you no worse off financially.
Leasehold Conveyancing in Crawley - Examples of Questions you should consider Prior to buying
-
Can you inform me if there are any major works anticipated that will increase the maintenance charges? Who takes charge for maintaining and repairing the block? The prefered form of lease arrangement is a share of the freehold. In this arrangement the leaseholders benefit from being in charge if their destiny and even though a managing agent is usually retained where it is larger than a house conversion, the managing agent is directed by the tenants.
Should I stop the direct debit for my mortgage with Nottingham as soon as a completion date for my sale in Crawley has been agreed?
You would be well advised to continue paying any mortgage sums to Nottingham pending the mortgage being discharged on completion as part of your Crawley conveyancing.