Can the conveyancing solicitors identified via your search tool execute conveyancing in Downend by way of an attended exchange?
There are a few conveyancing specialists who can conduct one day exchanges. Please call us to obtain a fee calculation and details as to availability.
It has been four months since my purchase conveyancing in Downend concluded. I have checked the Land Registry site which shows that I paid £150,000 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 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.
About to purchase a new build flat in Downend. Conveyancing is necessary evil at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build conveyancing.
Set out below are examples of a selection of leasehold new build questions that you should expect your new-build leasehold conveyancing in Downend
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Where service of notices and proceedings can be at the property demised please confirm that this can be amended to include simultaneous services at the Lessees’ solicitors’ offices where the Lessee from time to time is not resident in the UK - such solicitors may be varied by notice in writing to the Landlord from time to time but otherwise will be as previously specified. Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose? If there are lifts in the building, please confirm that the owners of flats on the ground and basement floors will not be required to contribute towards the cost of maintenance and renewal. The Lease must contain a provision on behalf of the Vendor to pay the service charges in respect of unoccupied units in order to ensure that all services can be provided.
I need to retain a conveyancing solicitor for some conveyancing in Downend. I happened to stumble upon a web site which seems to have the ideal offering If there is a chance to get all formalities done via email that would be ideal. Should I be concerned? What are the potential pitfalls?
As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?
Do you have any advice for leasehold conveyancing in Downend from the perspective of speeding up the sale process?
- Much of the frustration in leasehold conveyancing in Downend can be bypassed where you appoint lawyers as soon as you market your property and ask them to put together the leasehold documentation needed by the purchasers’ representatives. Many freeholders or Management Companies in Downend levy fees for supplying management packs for a leasehold home. You or your lawyers should discover the fee that they propose to charge. The management pack sought on or before finding a buyer, thus accelerating the process. The typical amount of time it takes to receive management information is three weeks. It is the most usual reason for delay in leasehold conveyancing in Downend. If you have carried out any alterations to the premises would they have required Landlord’s permission? Have you, for example installed wooden flooring? Most leases in Downend state that internal structural changes or laying down wooden flooring necessitate a licence from the Landlord acquiescing to such alterations. If you fail to have the paperwork to hand do not contact the landlord without checking with your solicitor in advance. If you are supposed to have a share in the Management Company, you should ensure that you are holding the original share certificate. Arranging a duplicate share certificate can be a lengthy formality and frustrates many a Downend conveyancing transaction. Where a new share certificate is required, do contact the company director and secretary or managing agents (where applicable) for this at the earliest opportunity.
Downend Leasehold Conveyancing - Sample of Questions you should ask Prior to buying
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Is anyone aware of any major works anticipated that will add a premium to the maintenance costs? Is the freehold reversion owned jointly by the leaseholders? Best to be warned if a new roof is being put on or some other major work is coming up to be shared amongst the leaseholders and will dramatically increase the the service charges or require a specific payment.
I pay a service charge for my appartment in Downend. As a result of personal circumstances I slipped into arrears with payments. The managing agents agreed a settlement schedule but there remains around £3000 remaining in arrears.
I now wish to dispose of the property and I am nervous that this could threaten to derail the sale if I have to pay off the amount due now. Do I have to settle before - is this achievable?
You should speak with the property lawyer handling your Downend conveyancing but one option may be to agree for the arrears to be transferred to the buyers. The final price they pay would be adjusted to reflect the amount of debt they take on. They could then discharge the fees post completion of the sale.