We are about to exchange buying a house in Isle of Dogs but as a result of wreckage from some water damage at the property I have was able negotiate reparation from the current proprietors in the sum of £3k by way of a reduction in the price. I had intended this to be dealt with as part of a side agreement yet RBS are not allowing this. Should they have been notified?
The conveyancer being on a RBS approved list is required to inform RBS of any amendments to the sale price. If you were to refuse your solicitor to notify the reduction to RBS then they would have to discontinue acting for you. In addition, RBS and you would have to appoint a new solicitor for your conveyancing in Isle of Dogs.
I appreciate that there are debates on Chancel Insurance on online forums. Do I need this when acquiring a residence in Isle of Dogs? or Apparently there is a law dating back centuries that could mean that owners of property residing in a parish church boundary will be compelled to contribute towards maintenance to the chancel in proximity to the church. Is this suitable for conveyancing in Isle of Dogs?
Unless a previous purchase of the property completed after 12 October 2013 you could expect lawyers carrying out conveyancing in Isle of Dogs to remain recommending a chancel search and or chancel repair liability insurance.
It has been three months following my purchase conveyancing in Isle of Dogs completed. 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.
Just had an offer accepted on a new build apartment in Isle of Dogs. Conveyancing is daunting 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 legal work.
Here are examples of a selection of leasehold new build enquiries that you should expect your new-build leasehold conveyancing in Isle of Dogs
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Will control of the Management Company (if any) be handed over to purchasers on completion of the last sale or earlier? There must be mutual enforceability of lessee’s covenants. 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. Please confirm the Lease plans are surveyor prepared.
What does commercial conveyancing in Isle of Dogs cover?
Non domestic conveyancing in Isle of Dogs covers a broad array of guidance, given by qualified solicitors, relating to business property. By way of example, this area of conveyancing can cover the sale or purchase of freehold business premises or, more usually, the transfer of existing leases or the drafting of new leasing arrangements. Commercial conveyancing solicitors can also offer advice on the sale of business assets, commercial loans and the termination of tenancies.
Should I appoint a Isle of Dogs conveyancing practitioner based in the area that I am buying? We have a good friend who can carry out the conveyancing however her office is 300miles drive away.
The benefit of a high street Isle of Dogs conveyancing firm is that you can pop in to sign documents, present your identification documents and apply pressure on them where appropriate. They will also have local intelligence which is a benefit. That being said it's more important to get someone that will do a good and efficient job. If if people you trust used your friend and in the main were impressed that should outweigh using an unfamiliar Isle of Dogs conveyancing solicitor solely due to them being round the corner.