At what point will exchange of contracts happen for purchase conveyancing in Selsdon and am I required to be at the conveyancers office?
Where you are local to our conveyancing solicitors in Selsdon you are invited in to sign documents. That being said, the law practices we work with supply countrywide coverage for conveyancing and provide as equally comprehensive and professional a job for you when dealing with you electronically. The executing of the sale agreement is not when everything is set in stone. A signed contract is just a prerequisite for the firm to officially exchange at the suitable time, which will usually be very shortly after signing. The exchange process is is usually a five minute process, although where an extended "chain" is in the mix, since the process requires the relevant party's solicitor (not necessarily a conveyancing solicitor in Selsdon)to be in the office at the appropriate time.
2 months have elapsed since my purchase conveyancing in Selsdon concluded. I have checked the Land Registry website which shows that I paid £175,000 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 asset 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've recently found out that there is a flying freehold element on a property I have offered on two weeks back in what was supposed to be a simple, no chain conveyancing. Selsdon is where the house is located. Is there any advice you can impart?
Flying freeholds in Selsdon are rare but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Selsdon you would need to get your solicitor to go through the deeds very carefully. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Selsdon may determine that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold property.
I need to find a conveyancing solicitor for remortgage conveyancing in Selsdon. I happened to land on a site which looks to be the perfect answer If it is possible to get all the legals completed via phone that would be preferable. Should I be wary? What should out be looking out for?
As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?
Our conveyancer has advised that he intends to complete and exchange simultaneously on our sale of a £350,000 apartment in Selsdon next week. The freeholder has quoted £396 for Landlord’s certificate, insurance certificate and previous years service charge statements. Is it legal for a freeholder to charge exorbitant fees for a flat conveyance in Selsdon?
Selsdon conveyancing on leasehold maisonettes normally involves the purchaser’s lawyer submitting questions for the landlord to address. Although the landlord is not legally bound to answer such questions most will be willing to do so. They may charge a reasonable charge for answering enquiries or supplying documentation. There is no upper cap for such fees. The average fee for the paperwork that you are referring to is over three hundred pounds, in some transactions it is in excess of £800. The management information fee demanded by the landlord must be accompanied by a summary of entitlements and obligations in relation to administration fees, otherwise the invoice is not strictly payable. In reality one has no option but to pay whatever is demanded if you want to sell the property.
I am the registered owner of a basement flat in Selsdon. Given that I can not reach agreement with the landlord, can the Leasehold valuation Tribunal make a decision on the amount payable for a lease extension?
Where there is a absentee landlord or if there is disagreement about the premium for a lease extension, under the relevant legislation you can apply to the First-tier Tribunal (Property Chamber) to make a decision on the price.
An example of a Freehold Enfranchisement case for a Selsdon premises is The Woodlands 95 Purley Park Road in April 2009. The Tribunals own valuation produced the figure of £37,912. This case related to 6 flats. The remaining number of years on the lease was 78.32 years.
The estate agent has recommended their conveyancing practitioner for our conveyancing in Selsdon - won’t it be better to just instruct them?
It is not always the case and you are entitled to instruct whichever solicitor of your choosing for your Selsdon conveyancing. A conveyancer recommended by an estate agent may not necessarily be the right solicitor, they may suggest their preferred conveyancing firm who are based remotely. In this instance you may not have contact with your lawyer and due to the lack of continuity in the transaction, it may be difficult to obtain progress reports.