I am purchasing a house for cash in Green Street Green. I have been living for the previous 15 years in Green Street Green. Conveyancing searches are exorbitant. Given that I know the area and road intimately should I not bother getting the solicitor to do all the conveyancing searches?
In the absence of a home loan, then almost all of the Green Street Green conveyancing searches are non-obligatory. Your conveyancer will ’encourage you, no-doubt strongly, that you should have searches done, but he is duty bound to take that path of encouragement . Do bear in mind; if you are likely to dispose of the house at a future date, it will likely be be of importance to your prospective purchaser what the searches determine. There are plenty of instances where properties with apparent issues can still throw up adverse search results. A competent conveyancing solicitor in Green Street Green should be able to give you some helpful guidance here.
Do all mortgage companies provide you with an approved list of Green Street Green conveyancing solicitors? How do you know who is on the Virgin Money conveyancing panel?
Green Street Green conveyancing firms themselves provide us confirmation that they are on the Virgin Money conveyancing panel as opposed to being supplied with a list from Virgin Money directly.
3 months have elapsed since my purchase conveyancing in Green Street Green concluded. I have checked the Land Registry site which shows that I paid £200,000 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 asset 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 Green Street Green ahead of retaining lawyers. I have been informed that there is a flying freehold aspect to the property. My surveyor has said that some banks will refuse to grant a loan on such a premises.
It depends who your proposed lender is. Santander has different requirements for example to Halifax. If you call us we can investigate further with the relevant bank. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Green Street Green. Conveyancing may be slightly more expensive based on your lender's requirements.
I need to retain a conveyancing solicitor for leasehold conveyancing in Green Street Green. I happened to discover a web site which appears to be the perfect solution If it is possible to get all the legals completed via phone 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?
Helen (my wife) and I may need to sub-let our Green Street Green ground floor flat temporarily due to taking a sabbatical. We instructed a Green Street Green conveyancing practice in 2002 but they have closed and we did not think at the time get any advice as to whether the lease allows us to sublet. How do we find out?
The lease dictates relations between the landlord and you the leaseholder; in particular, it will say if subletting is not allowed, or permitted but only subject to certain conditions. The accepted inference is that if the lease contains no expres ban or restriction, subletting is permitted. The majority of leases in Green Street Green do not contain subletting altogether – such a provision would adversely affect the market value the property. Instead, there is usually simply a requirement that the owner notifies the freeholder, possibly sending a copy of the sublease.
I am the leaseholder of a a ground floor purpose built flat in Green Street Green. In the absence of agreement between myself and the landlord, can the Leasehold valuation Tribunal make a decision on the amount payable for the purchase of the freehold?
Most definitely. We can put you in touch with a Green Street Green conveyancing firm who can help.
An example of a Lease Extension matter before the tribunal for a Green Street Green flat is 1 Southlands Court Southlands Road in September 2013. The Leasehold Valuation Tribunal determined that the premium to be paid by the tenant on the grant of a new lease, in accordance with section 56 and Schedule 13 of the Leasehold Reform, Housing and Urban Development Act 1993 was £30,541 This case was in relation to 1 flat. The number of years remaining on the existing lease(s) was 50.57 years.