It has been four months following my purchase conveyancing in Mottingham completed. I have checked the Land Registry site which shows that I paid £175,000 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 premises 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.
Yesterday I discovered that there is a flying freehold element on a property I put an offer in last month in what was supposed to be a straight forward, no chain conveyancing. Mottingham is the location of the property. What do you suggest?
Flying freeholds in Mottingham are not the norm but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Mottingham you must be sure that your lawyer goes through the deeds diligently. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Mottingham may determine that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold premises.
I have been pointed in your direction by two or three local selling agents in Mottingham to get a quote from a solicitor using your seach tool. Is there a financial advantage for Estate Agents to recommend your services over and above another?
We refuse to offer any financial incentive for directing people in our direction. We thought it would be too underhand to pay a commission as members of the public would think, ‘How come the agent getting a kickback? Why aren’t I getting any benefit too?’ So we decided to step away from that.
My husband and I are FTB’s - agreed a price, but the property agent advised that the seller will only issue a contract if we use their preferred solicitors as they need an ‘expedited deal’. My instinct tells me that we should use a high street conveyancer used to conveyancing in Mottingham
It is unlikely the sellers are behind this. If they desire ‘a quick sale', turning down a genuine purchaser is not the way to achieve this. Contact the owners directly and make sure they comprehend that (a)you are keen to buy (b)you are excited to move forward, with mortgage lined up © you have nothing to sell (d) you intend to proceed fast (e)however you are going to appoint your own,trusted Mottingham conveyancing firm - not the ones that will give the estate agent a referral fee or achieve conveyancing figures set by HQ.
We expect to complete the disposal of our £275,000 garden flat in Mottingham on Wednesday in a week. The managing agents has quoted £324 for Certificate of Compliance, insurance certificate and 3 years service charge statements. Is the landlord entitled to charge exorbitant fees for a leasehold conveyance in Mottingham?
For most leasehold sales in Mottingham conveyancing will involve, queries regarding the management of a building inevitably needing to be answered directly by the freeholder or its agent, this includes :
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Completing pre-exchange questions
Where consent is required before sale in Mottingham
Copies of the building insurance and schedule
Deeds of covenant upon sale
Registering of the assignment of the change of lessee after a sale
I have tried to negotiate informally with with my landlord for a lease extension without getting anywhere. Can the Leasehold Valuation Tribunal adjudicate on such issues? Can you recommend a Mottingham conveyancing firm to assist?
if there is a missing landlord or if there is disagreement about what the lease extension should cost, under the Leasehold Reform, Housing and Urban Development Act 1993 it is possible to make an application to the First-tier Tribunal (Property Chamber) to judgment on the price.
An example of a Lease Extension matter before the tribunal for a Mottingham flat is 49 Woodstock Court Burnt Ash Hill in May 2012. the payment of £64,116 by the leaseholder was the premium which the Tribunal found due for the lease extension in this case. This case related to 1 flat. The unexpired residue of the current lease was 23.26 years.
There are numerous properties in Mottingham on unadopted lanes. My wife and I are acquiring such a property. What are the pros and cons of buying a house on a private road?
Mottingham conveyancing solicitors will be used to dealing propertieson unadopted roads. Your conveyancing practitioner will investigate title to find any rights or responsibilities. In many cases there is a residents association that owners make annual payments to maintain the road. Where one exists, the road will likely be maintained and appear nicer than publicly owned.