What is the first thing I need to know regarding purchase conveyancing in Pattingham?
You may not hear this from too many lawyers but conveyancing in Pattingham or throughout Staffordshire is an adversarial experience. Put another way, when it comes to conveyancing there exists plenty of opportunity for confrontation between you and other parties involved in the legal transfer of property. For instance, the vendor, estate agent and sometimes your lender. Choosing a law firm for your conveyancing in Pattingham should not be taken lightly as your conveyancer is your adviser, and is the ONLY person in the process whose responsibility is to look after your best interests and to protect you.
We are witnessing a worrying creep in the "blame" culture- someone must be at fault for the process taking so long. You your first instinct should be to trust your lawyer ahead of all other parties when it comes to the legal assignment of property.
My wife and I are selling our home in Pattingham and the buyers lawyers are claiming that there is a risk of it being built on contaminated land. Any high street Pattingham conveyancer would know this is not the case. For the life of me I don't know why the buyers are using an internet conveyancing outfit rather than a conveyancing solicitor in Pattingham. We have lived in Pattingham for 4 years we know of no issue. Do we get in touch with our local Authority to obtain clarification that the buyers are looking for.
It sounds as though you may have a conveyancing firm already. What do they say? You must check with your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out life insurance to cover that same ailment)
It has been three months since my purchase conveyancing in Pattingham took place. I have checked the Land Registry site which shows that I paid £150,000 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 property 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 Pattingham in advance of appointing lawyers. I have been told that there is a flying freehold overhang to the house. My surveyor has said that some lenders may not issue a loan on this type of house.
It depends who your proposed lender is. HSBC has different requirements for example to Halifax. If you contact us we can check with the appropriate bank. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Pattingham. Conveyancing may be slightly more expensive based on your lender's requirements.
Expecting to exchange soon on a leasehold property in Pattingham. Conveyancing lawyers have said that they report fully on Monday. What should I be looking out for?
Your report on title for your leasehold conveyancing in Pattingham should include some of the following:
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You should have a good understanding of the building insurance obligations You need to be informed what constitutes a Nuisance as far as the lease is concerned Specifying your legal entitlements in respect of the communal areas in the building.For example, does the lease include a right of way over a path or hallways? Whether the landlord has obligations to ensure rights of quiet enjoyment over your premises and do you know what it means in practice?
I bought a split level flat in Pattingham, conveyancing was carried out 10 years ago. Can you work out an approximate cost of a lease extension? Equivalent properties in Pattingham with over 90 years remaining are worth £191,000. The average or mid-range amount of ground rent is £55 invoiced annually. The lease ceases on 21st October 2078
You have 53 years unexpired the likely cost is going to span between £27,600 and £31,800 as well as plus your own and the landlord's "reasonable" professional fees.
The suggested premium range above a general guide to costs for extending a lease, but we are not able to advice on the actual costs without more comprehensive investigations. You should not use the figures in a Notice of Claim or as an informal offer. There are no doubt other concerns that need to be considered and clearly you want to be as accurate as possible in your negotiations. Neither should you move forward based on this information without first getting professional advice.
Is planning consent needed to change a house into two flats in Pattingham? This has been carried out to a property opposite to a relative in Pattingham and was ignorant of it happening until the works were finished.
Planning Permission yes. Building Reg Approval yes.