Me and my fiancee are buying our first property. The conveyancing practitioner has contact usto enquire if we want to purchase additional conveyancing searches. Frankly we are clueless as to what's necessary for conveyancing in Leicestershire
The scope of Leicestershire conveyancing searches depends primarily on the property, the location, the possibility of any of these risks, your knowledge of the locality and risks, your general attitude to risk. What is important is that you properly appreciate what information the searches could give you. Then you can decide if you personally think you need that information. Should you be in doubt, ask the lawyer to offer guidance.
Finally the sale completed on my house in Leicestershire last June yet the purchaser is calling daily to say their conveyancer is waiting to hear from mine. What should my lawyer have done now that I have sold?
Post completion of your house sale your solicitor is committed to forward the transfer documentation and all of the paperwork to the purchaser's lawyers. Depending on the transaction, your solicitor should also confirm that the legal charge in favour of the lender has been redeemed to the buyers lawyers. There is unlikely to be post completion steps just for conveyancing in Leicestershire.
What does a local search tell me about the property we're buying in Leicestershire?
Leicestershire conveyancing often starts with the ordering local authority searches directly from your local Authority or through a personal search company for instance Searchflow The local search plays a central part in many a Leicestershire conveyancing purchase; as long as you don’t want any unpleasant once you have moved into your new home. The search should provide information on, amongst other things, details on planning applications applicable to the premises (whether granted or refused), building control history, any enforcement action, restrictions on permitted development, nearby road schemes, contaminated land and radon gas; in all a total of 13 subject areas.
four months have elapsed following my purchase conveyancing in Leicestershire completed. I have checked the Land Registry website which shows that I paid £150,000 when infact I paid £180,000. 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 opted to have a survey completed on a property in Leicestershire prior to instructing solicitors. I have been told that there is a flying freehold aspect to the property. My surveyor advised that some mortgage companies may refuse to grant a mortgage on a flying freehold property.
It varies from the lender to lender. HSBC has different requirements from Halifax. Should you wish to call us we can check via the appropriate mortgage company. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Leicestershire. Conveyancing may be slightly more expensive based on your lender's requirements.
I am one month into a leasehold purchase having been recommend to conveyancers by the high street agent to execute conveyancing in Leicestershire. I am not happy. Could you help me find new conveyancers?
They would have to be very poor in order to consider replacing them. Has your loan offer been generated? If so you will need to inform them of the new contact details and have the loan are re-issued. Your solicitor ideally needs to be on the mortgage company panel to avoid supplemental costs and delays. That should be your first question of the new lawyers. Our find a solicitor tool should assist you in finding a lender approved lawyer for your home move in Leicestershire