It is 10 years ago since I purchased my home in Rogerstone. Conveyancing solicitors have now been retained on the sale but I can't find the title documents. Is this a major issue?
Don’t worry too much. Firstly the deeds may be retained by your lender or they could be in the possession of the lawyers who acted in the purchase. Secondly in all probability the land will be recorded at the land registry and you will be able to establish that you own the property by your conveyancing solicitors acquiring up to date copy of the land registers. Almost all conveyancing in Rogerstone involves registered property but in the rare situation where your property is not registered it adds to the complexity but is not insurmountable.
I am planning to move house in August. Does my conveyancing solicitor communicate with the removal company on the completion day. As an aside, can you suggest a removal company in Rogerstone. Conveyancing solicitor was organised prior to coming across your page.
On the day of completion you can pick up the keys from your selling agent however this can only be done after the sellers solicitors inform the agent that they acknowledge receipt of the completion payment and the keys can be released. After that you will need to advise the removal company that they can start moving you in. We are not in a position to recommend a specific removal company but can help you choose a residential property solicitor in Rogerstone or a lawyer that specialises in conveyancing in Rogerstone.
How can we know in advance if a Rogerstone conveyancing solicitor on the Virgin Money panel is any good?
When it comes to conveyancing in Rogerstone getting recommendations is a good starting point. Before you go ahead, check if they offer a no sale no fee offer. Also, you often get what you pay for - a firm which quotes more, will often provide a better service than one which is cheap as chips. We would always recommend that you speak with the lawyer handling your transaction.
I am currently in the process of buying my council flat in Rogerstone. I have a mortgage agreed with TSB. Conveyancing is not something I have any knowledge of. Can I proceed without a solicitor easily? I think we can but we keep being told I should have one. Any advice?
It is not advisable to proceed with a house purchase without a solicitor. The council's solicitor are not acting for you. You need a solicitor for a number reasons. One of which is to verify what plans the Council have for repairs and refurbishment for the next five years. Many leaseholders have been stung for contributions of thousands of pounds. In any event, if you are getting a mortgage with TSB, you will need to appoint a solicitor on the TSB conveyancing panel.
It has been 3 months since my purchase conveyancing in Rogerstone took place. I have checked the Land Registry website which shows that I paid £200,000 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 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.
I am buying a new build flat in Rogerstone. Conveyancing is daunting at the best of times but I have never purchased a new build flat before. What sort of enquires would be asked in new build conveyancing.
Set out below are examples of a few leasehold new build questions that you should expect your new-build leasehold conveyancing in Rogerstone
-
The Lease must contain a provision on behalf of the Vendor to pay the service charges in respect of unoccupied units in order to ensure that all services can be provided. If there are lifts in the building, please confirm that the owners of flats on the ground and basement floors will not be required to contribute towards the cost of maintenance and renewal. The Vendor must covenant to keep unoccupied units in good repair until long leases are granted therefore. Where service of notices and proceedings can be at the property demised please confirm that this can be amended to include simultaneous services at the Lessees’ solicitors’ offices where the Lessee from time to time is not resident in the UK - such solicitors may be varied by notice in writing to the Landlord from time to time but otherwise will be as previously specified. Please confirm the Lease plans are architect prepared.
I've recently bought a leasehold property in Rogerstone. 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 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. It is an essential part 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).
Rogerstone Leasehold Conveyancing - Sample of Questions you should consider Prior to Purchasing
-
Is the freehold reversion owned collectively by the tenants? What is the annual maintenance fee and ground rent? The answer will be important as a) areas can result in problems in the building as the common areas may begin to deteriorate where services remain unpaid b) if the leaseholders have a dispute with the running of the building you will wish to know about it
My brother is buying a leasehold flat in Rogerstone. He was given a quote by the property lawyer connected to the selling agents and it came to £1385 . It was 7 years ago since I sold and purchased a home and it cost was £495. Have costs really gone up that much?
What does the conveyancing estimate include? Is it just for the legal fees, or what you will be paying in total (for instance Rogerstone searches, land registry fees, etc)