Is there a reason to use a Pagham conveyancing practice when web based alternatives are more affordable?
To take your time to find get 2 or 3 like-for-like quotes for conveyancing costs in Pagham and you should seek a reasonable estimate but don’t be focused with searching for the lowest priced Pagham conveyancer. Locating the right conveyancer can be the difference between a seamless and a stressful move. It is important that you ensure that you have expert advice from a trusted conveyancer. Emails can't be as helpful as a telephone call and are no substitute for a face to face appointment. The firms that we work with will allocate you a qualified and trusted conveyancing solicitor that will handle your conveyancing from from the outset to completion, giving the sort of hand holding that you will never get with an internet conveyancer. Our lawyers will contact you regularly to update you as to headway and keep you informed. Should it ever be necessary to phone the office you will be sure who you need to speak to and we'll ensure you are in the know.
I purchased a freehold premises in Pagham yet charged rent, why is this and what is this?
It is rare for properties in Pagham and has limited impact for conveyancing in Pagham but some freehold properties in England (particularly common in North West England) pay an annual sum known as a Chief Rent or a Rentcharge to a third party who has no other legal interest in the land.
Rentcharge payments are usually between £2.00 and £5.00 per year. Rentcharges have existed for many centuries, but the Rent Charge Act 1977 barred the creation of new rentcharges from 1977 onwards.
Old rentcharges can now be redeemed by making a lump sum payment under the Act. Any rentcharges that are still in existence after 2037 will be extinguished.
three months have gone by following my purchase conveyancing in Pagham took place. I have checked the Land Registry website which shows that I paid £175,000 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.
How does conveyancing in Pagham differ for new build properties?
Most buyers of new build premises in Pagham contact us having been asked by the seller to sign contracts and commit to the purchase even before the house is finished. This is because house builders in Pagham usually buy the land, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct property lawyers as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are accustomed to new build conveyancing in Pagham or who has acted in the same development.
I decided to have a survey completed on a property in Pagham ahead of retaining solicitors. I have been advised that there is a flying freehold aspect to the house. The surveyor has said that some banks will not grant a mortgage on this type of house.
It varies from the lender to lender. Santander has different requirements for example to Birmingham Midshires. If you e-mail us we can look into this further via the appropriate lender. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Pagham. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Pagham to see if the conveyancing costs will increase in light of this.
My husband and I are first time buyers - agreed a price, but the agent advised that the seller will only go ahead if we instruct the agent's preferred solicitors as they are insisting on an ‘expedited deal’. Our preferred option is to instruct a local solicitor used to conveyancing in Pagham
We suspect that the owner is unaware of this request. Should the vendor require ‘a quick sale', alienating a motivated buyer is going to damage their objectives. Speak to the owners direct and make the point that (a)you are motivated purchasers (b)you are excited to move forward, with finances arranged © you are unencumbered (d) you intend to proceed fast (e)however you will continue to use your preferred Pagham conveyancing solicitors - not the ones that will provide the negotiator at the agency a kickback or hit his conveyancing targets set by corporate headquarters.