It has been five months following my purchase conveyancing in Rustington concluded. I have checked the Land Registry website which shows that I paid £175,000 when infact I paid £160,000. 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.
Just had an offer accepted on a new build apartment in Rustington. Conveyancing is a frightening process 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.
Here are examples of a selection of leasehold new build enquiries that you may expect your new-build leasehold conveyancing in Rustington
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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. The Vendor must covenant to keep unsold units in good repair until long leases are granted therefore. There must be mutual enforceability of lessee’s covenants. Forfeiture - bankruptcy or liquidation must not apply under this provision. Please provide evidence that the form of Lease proposed has been approved by the Land Registry.
I have been on the look out for a leasehold apartment up to £195,000 and found one round the corner in Rustington I like with a park and railway links in the vicinity, however it's only got 61 years unexpired on the lease. There is not much else in Rustington for this price, so just wondered if I would be making a grave error purchasing a short lease?
Should you need a home loan the remaining unexpired lease term may be a potential deal breaker. Reduce the offer by the amount the lease extension will cost if not already taken into account. If the existing proprietor has owned the premises for at least 2 years you may ask them to start the process of the extension and then assign it to you. You can add 90 years to the current lease and have £0 ground rent by law. You should consult your conveyancing solicitor about this matter.
Are there any apps to help search for a Rustington solicitor on the Halifax conveyancing panel? I have a car and am willing to travel upto 20kilometers to meet the solicitor.
You can use the search on this page. Please pick a mortgage company and your location and you will see a number of Rustington conveyancing lawyers based on proximity. We have detailed some Rustington conveyancing firms towards the end of this page and you can call them to check whether they are on the Halifax panel
In scouring the world wide web for the words conveyancing in Rustington it reveals many conveyancersin the area. With so much choice what is the best way to find the suitable conveyancing solicitor for my move?
The preferential method of choosing the right conveyancer is via personal referral, so seek the counsel of friends and those you trust who have purchased a property in Rustington or a reputable estate agent or financial adviser. Charges for conveyancing in Rustington differ, so it's sensible to request at least three costs illustrations from varying types of solicitors. Dont forget to clarify that the costs are guaranteed not to increase.
We have instructed a Rustington conveyancing solicitor for our house purchase (FTB’s) and have picked up in the terms and conditions that they are not regulated by the FCA. Need I be concerned or is that usually the case with property lawyer?
We can't see why they should be. Most lawyer don't lend money. You should check that they are regulated by the Solicitors Regulation Authority, who set stringent rules in place on monies held in their bank.