When can the exchange of contracts occur in domestic conveyancing in Purfleet and do I need to attend the conveyancers branch?
Where you are in close proximity to one of the conveyancing solicitors in Purfleet you are invited in to sign documents. That being said, the firms we recommend supply a countrywide conveyancing service and provide just as detailed and professional a job for you when dealing with you digitally. The signing of the purchase agreement is not when everything is set in stone. A signed contract simply enables the solicitor to exchange contracts when the time is right, which will usually be very shortly after signing. The exchange process is nowadays normally dealt with by telephone and can be very rapid, although where a long "chain" is in play, since the process requires the relevant party's solicitor (not necessarily a conveyancing solicitor in Purfleet)to be in the office available at the end of the phone to exchange contracts.
I am buying a property and require a conveyancing solicitor in Purfleet who is on the The Mortgage Works conveyancing. Can you recommend a local conveyancing firm?
Our service is limited to being a directory service for firms who wish to listed as being on the approved conveyancing panel for The Mortgage Works in certain locations such as Purfleet. We dont recommend any particular firm.
It has been 4 months following my purchase conveyancing in Purfleet concluded. I have checked the Land Registry site which shows that I paid £200,000 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 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.
How does conveyancing in Purfleet differ for newly converted properties?
Most buyers of new build residence in Purfleet approach us having been asked by the seller to exchange contracts and commit to the purchase even before the property is completed. This is because developers in Purfleet usually purchase the site, 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 conveyancing solicitors 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 used to new build conveyancing in Purfleet or who has acted in the same development.
I decided to have a survey carried out on a property in Purfleet before retaining lawyers. I have been advised that there is a flying freehold overhang to the house. The surveyor advised that some banks may not give a loan on such a property.
It varies from the lender to lender. Santander has different requirements from Nationwide. Should you wish to call us we can check with the relevant mortgage company. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Purfleet. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Purfleet to see if the conveyancing will be more expensive.
Last June I purchased a leasehold flat in Purfleet. Am I liable to pay service charges for periods before my ownership?
In a situation where the service charge has already been demanded from the previous owner and they have not paid you would not usually be personally liable for the arrears. Strange as it may seem, your landlord may still be able to take action to forfeit the lease. A critical element of leasehold conveyancing for your conveyancer to be sure 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 have given up trying to purchase the freehold in Purfleet. Can this matter be resolved via the Leasehold Valuation Tribunal?
Most certainly. We can put you in touch with a Purfleet conveyancing firm who can help.
An example of a Lease Extension matter before the tribunal for a Purfleet residence is Various @ Colombus Square in January 2012. the Tribunal calculated the premiums to be paid for new leases for each of the flats in Mariners Walk to be £3822 and the premium to be paid for the new lease of 2 Knights Court to be £4439. This case was in relation to 13 flats. The unexpired lease term was 76 years.