We were about to instruct a conveyancing solicitor in Ponteland endorsed on your site but have come across alternative quotes via the web appear less pricey – how come?
One can find a variety of solicitors offering at first sight what seems to be very low prices. You should think long and hard about how important this transaction is to you that want to be penny wise pound foolish in relation to the standard of the conveyancing. Some embed extras deep into the terms and conditions. The conveyancers that we list for conveyancing in Ponteland will notbehave this way.
My wife and I are selling our property in Ponteland and according to the buyers it appears that there is a possibility that the property was constructed on contaminated land. Any local lawyer would know this is not the case. It does beg the question why the purchasers used an online conveyancing firm rather than a conveyancing solicitor in Ponteland. Having lived in Ponteland for six years we know that this is a non issue. Do we get in touch with our local Authority to get clarification that there is no issue.
It would appear that you have a conveyancing lawyer currently acting for you. What do they say? You need to 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)
2 months have gone by following my purchase conveyancing in Ponteland took place. I have checked the Land Registry website which shows that I paid £150,000 when infact I paid £215,000. 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 have been on the look out for a leasehold apartment up to £305k and identified one close by in Ponteland I like with a park and railway links in the vicinity, the downside is that it only has 52 remaining years left on the lease. There is not much else in Ponteland suitable, so just wondered if I would be making a mistake acquiring a short lease?
Should you need a home loan the remaining unexpired lease term may be problematic. Reduce the price by the amount the lease extension will cost if not already taken into account. If the existing owner has owned the property for at least twenty four months you may request that they commence the lease extension formalities and then assign it to you. You can add 90 years to the existing lease with a zero ground rent applied. You should consult your conveyancing lawyer concerning this matter.
I am using a search engine for the words on line conveyancing in Ponteland it shows results of numerous conveyancerslocally. How do I determine which is the right solicitor for my move?
The best method of finding the right conveyancer is through a personal testimonial, so seek the guidance of colleagues and relatives who have acquired a property in Ponteland or a local estate agent or mortgage broker. Fees for conveyancing in Ponteland vary, so it's sensible to obtain a minimum of three estimates from different conveyancers. Be sure to seek confirmation that the fees are fixed.
I've recently bought a leasehold property in Ponteland. Am I liable to pay service charges relating to a period prior to completion of my purchase?
Where the service charge has already been demanded from the previous lessee and they have not paid you would not usually be personally liable for the arrears. However, your landlord may still be able to take action to forfeit the lease. A critical element of leasehold conveyancing for your conveyancer to ensure to have an up to date clear service charge receipt before completion of your purchase. If you have a mortgage this is likely to be a requirement of your lender.
If you purchase part way through an accounting year you may be liable for charges not yet demanded even if they relate to a period prior to your purchase. In such circumstances your conveyancer would normally arrange for the seller to set aside some money to cover their part of the period (usually called a service charge retention).
I bought a studio flat in Ponteland, conveyancing was carried out half a dozen years ago. Can you work out an approximate cost of a lease extension? Similar flats in Ponteland with over 90 years remaining are worth £255,000. The average or mid-range amount of ground rent is £45 yearly. The lease ends on 21st October 2098
With 73 years left to run we estimate the price of your lease extension to range between £8,600 and £9,800 as well as costs.
The suggested premium range above a general guide to costs for renewing a lease, but we cannot give you a more accurate figure in the absence of comprehensive due diligence. Do not use the figures in tribunal or court proceedings. There may be additional issues that need to be taken into account and you obviously should be as accurate as possible in your negotiations. Neither should you move forward based on this information without first getting professional advice.