I need some quick conveyancing in Fetcham as I am faced with an ultimatum to complete in less than one month. A home loan is not required. Can I escape the need for conveyancing searches to save fees and time?
As you are are a cash purchaser you are at free not to have searches carried out although no solicitor would suggest that you don't. Drawing on our experience of conveyancing in Fetcham the following are examples of issues that can crop up and therefore affect future mortgageability: Refused Planning Applications, Overdue Fees, Outstanding Grants, Railway Schemes,...
It has been 3 months following my purchase conveyancing in Fetcham concluded. I have checked the Land Registry website 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.
I have been on the look out for a ground for flat up to £195,000 and identified one near me in Fetcham I like with open areas and station nearby, however it only has 51 years on the lease. There is not much else in Fetcham for this price, so just wondered if I would be making a grave error buying a short lease?
If you require a home loan the shortness of the lease may be an issue. Discount the offer by the expected lease extension will cost if not already taken into account. If the existing proprietor has owned the premises for a minimum of 2 years you could ask them to start the process of the extension and then assign it to you. You can add 90 years to the existing lease term and have £0 ground rent by law. You should speak to your conveyancing lawyer regarding this.
Is it simple use the search tool to find a conveyancing practitioner in Fetcham on the authorised to act for my mortgage?
Step one is to pick a mortgage company such as National Westminster Bank, Norwich and Peterborough Building Society or TSB then choose your preferred area e.g. Fetcham. Conveyancing practices in Fetcham and nationally will then be identified.
My uncle has recommend that I use his conveyancers in Fetcham. Should I use them?
There are no two ways about it the best way to select a conveyancing solicitor is to get guidance from friends or relatives who have experience in using the firm you're considering.
What happens where there is an issue with the searches carried out as part of my conveyancing in Fetcham?
On the whole, most issues arising from Fetcham conveyancing search results can be addressed before completion or title insurance may be put on cover. You need to remember that although you intend on acquiring the property and may be content to live with the search results, your lender may not, and ultimately have the final decision.