Willappointing a Gerrards Cross conveyancing lawyer make the legal transfer of property easier?
Existing third party relationships is an important consideration when appointing conveyancing lawyers. Gerrards Cross conveyancers benefit from long term relationships with financial advisers and Gerrards Cross, local authorities, surveyors and other conveyancing firms meaning the whole process is going to be much smoother for you. Possessing a sound insight into the local area is an advantage.
3 months have elapsed since my purchase conveyancing in Gerrards Cross 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.
Due to the input of my in-laws I had a survey completed on a property in Gerrards Cross in advance of instructing lawyers. I have been advised that there is a flying freehold overhang to the house. My surveyor has said that some lenders may refuse to give a mortgage on this type of house.
It depends who your proposed lender is. Santander has different requirements for example to Halifax. If you e-mail us we can look into this further with the appropriate bank. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Gerrards Cross. Conveyancing will be smoother if you use a solicitor in Gerrards Cross especially if they are familiar with such properties in Gerrards Cross.
I was advised by a few property agents in Gerrards Cross to get a quote from a conveyancer using your seach tool. Is there a financial incentive for Estate Agents to market your site over and above another?
We refuse to make any referral fee for pointing buyers and sellers our way. We thought it would be too underhand to pay a commission as members of the public would think, ‘Why is the agent getting a kickback? Why am I not getting any benefit too?’ We would prefer to grow our business on genuine recommendations.
I am 18 days into a leasehold purchase having been referred to solicitors by the local agent to do our conveyancing in Gerrards Cross. We are not happy. Can you you assist me in finding new lawyers?
A solicitor would need to be really bad in order to consider diss instructing them. Has the loan offer been issued? In the event that it has you will need to inform them of the new contact details and have the mortgage documents are re-sent. Your solicitor ideally should be on the banks panel to avoid escalating expenses and frustration. That should be your first question of the new conveyancers. Our search tool should assist you in finding a lender approved conveyancer for your home move in Gerrards Cross
We own a leasehold flat in Gerrards Cross. Conveyancing was completed in 2010. I have been told that I should not let the the remaining lease term to get too short. What is the reasoning?
Gerrards Cross domestic long term leases are for a set term - normally 99 years when they started. However a significant appartments in Gerrards Cross were constructed or converted 20 or more years ago and so these leases now have less than 80 years left to run. That may seem like plenty of time however Banks, Building Societies and other mortgage institutions tend to need leases to have a minimum of seventy five years unexpired to be mortgageable. Accordingly when you come to sell the property you will need to extend the term of your lease if you are nearing seventy five years. To enhance the saleability of your property you should be considering whether or not to extend your lease long before you come to sell it. There are also strong financial reasons to taking action before the lease hits 80 years as when the lease falls below eighty years the premium you have to pay to extend starts to increase.