Having been suggested to visit your company we were about to use a conveyancing solicitor in Elm Park endorsed by you but stumbled across alternative estimates on the internet seem less expensive – why is this?
There are hundreds of conveyancing organisations offering at first sight what seems to be very low prices. We suggest that you think twice as to how important this transaction is to you that you are willing to take 'cheap' risks in relation to the quality of the conveyancing. Many of them accentuate a bargain fee to grab your attention but hide additional charges in the small print..
My nephew is purchasing a house that has just been built in Elm Park with a home loan from Lloyds. His conveyancer has said that there is a delay in receiving the ‘Disclosure of Incentive Form’. Who needs to receive the form?
The form is intended to provide information to the main parties involved in the transaction. Therefore, it will be provided to your son’s lawyer who should be on the Lloyds conveyancing panel as a standard part of the process, and to the valuer when requested. The developer will be required to start the process by downloading the form and completing it. The form will therefore need to be available for the valuer at the time of his or her site visit. The form should be sent to the Lloyds conveyancing panel solicitor as early as possible, in order to avoid any last minute delays, and no later than at exchange of contracts.
It has been 3 months following my purchase conveyancing in Elm Park took place. I have checked the Land Registry site 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 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.
I opted to have a survey done on a house in Elm Park ahead of instructing conveyancers. I have been told that there is a flying freehold aspect to the property. The surveyor advised that some mortgage companies will not issue a mortgage on a flying freehold home.
It varies from the lender to lender. HSBC has different requirements from Halifax. If you e-mail us we can investigate further via the relevant bank. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Elm Park. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Elm Park to see if the conveyancing will be more expensive.
Is it possible to change conveyancer as I have to select a firm on the The Royal Bank of Scotland conveyancing list. I instructed a high street conveyancing solicitor in Elm Park round the corner but the firm is not accepted by The Royal Bank of Scotland
It would be our pleasure to help you select a conveyancing solicitor in Elm Park on the The Royal Bank of Scotland panel. Please note that the property lawyers that we work with do not pay us a referral fee if you instruct them and are registered with the Solicitors Regulation Authority who oversee all conveyancing solicitors in Elm Park. In utilising search facility on this page, you can compare costs for conveyancing solicitors in Elm Park and beyond.
Having had my offer accepted I require leasehold conveyancing in Elm Park. Before I get started I would like to find out the unexpired term of the lease.
Assuming the lease is registered - and almost all are in Elm Park - 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.
Following years of negotiations we cannot agree with our landlord on how much the lease extension should cost for our flat in Elm Park. Can we issue an application to the Residential Property Tribunal Service?
Where there is a missing freeholder or where there is disagreement about what the lease extension should cost, under the Leasehold Reform, Housing and Urban Development Act 1993 it is possible to make an application to the First-tier Tribunal (Property Chamber) to calculate the premium.
An example of a Lease Extension decision for a Elm Park flat is 37 Lodge Court High Street in November 2013. the decision of the LVT was that the premium to be paid for the new lease was £25,559 This case related to 1 flat. The unexpired term as at the valuation date was 57.5 years.