My friend advised me that if I am buying in Shotley Bridge I should ask my conveyancer to perform a Neighbourhood, Planning and Local Amenity Search. Can you explain what the purpose of this search is?
A search of this type is usually quoted for as part of the standard Shotley Bridge conveyancing searches. It is a large report of more than thirty pages, listing and setting out important information about Shotley Bridge around the property and the people living there. It incorporates an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the local Housing Market, Council Tax Banding, the demographics of People living in the area, the dominant type of Housing, the Average Property Price, Crime statistics, Shotley Bridge Education with maps and statistics, Local Amenities and other useful data about Shotley Bridge.
It has been three months since my purchase conveyancing in Shotley Bridge concluded. I have checked the Land Registry site which shows that I paid £200,000 when infact I paid £170,000. 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.
How does conveyancing in Shotley Bridge differ for newly converted properties?
Most buyers of new build property in Shotley Bridge approach us having been asked by the seller to sign contracts and commit to the purchase even before the property is constructed. This is because new home sellers in Shotley Bridge usually buy 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 Shotley Bridge or who has acted in the same development.
I need to find a conveyancing solicitor for some conveyancing in Shotley Bridge. I have stumble across a web site which appears to be the perfect solution If there is a chance to get all the legals done via phone that would be preferable. Should I be concerned? What are the potential pitfalls?
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?
I am hoping to put an offer on a small detached house that appears to tick a lot of boxes, at a great price which is making it more attractive. I have subsequently found out that it's a leasehold rather than freehold. I am assuming that there are issues buying a leasehold house in Shotley Bridge. Conveyancing advisers have not yet been appointed. Will they explain the issues?
Most houses in Shotley Bridge are freehold rather than leasehold. This is one of the situations where having a local conveyancer used to dealing with such properties who can assist with the conveyancing process. it is apparent that you are buying in Shotley Bridge in which case you should be looking for a Shotley Bridge conveyancing solicitor and be sure that they are used to dealing with leasehold houses. First you will need to check the unexpired lease term. Being a leaseholder you will not be at liberty to do whatever you want to the property. The lease comes with conditions for example obtaining the landlord’sconsent to conduct alterations. It may be necessary to pay a service charge towards the maintenance of the communal areas where the house is part of an estate. Your solicitor should advise you fully on all the issues.
Shotley Bridge Conveyancing for Leasehold Flats - Examples of Questions you should consider before Purchasing
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Best to be warned whether changing the roof or some other major work is due shortly to be shared by the leasehold owners and will dramatically impact the level of the service costs or result in a specific invoice. How long is the Lease? Does the lease have onerous restrictions?
I see that you have a post code search directory identifying solicitors on the mortgage company conveyancing panel. Do Shotley Bridge conveyancing companies pay you a referral fee if I retain them for my own conveyancing?
We are a listing service only for law firms wishing to communicate if they are on the bank conveyancing panel or other lender panels. We do not charge referral fees to the any conveyancer that you subsequently appoint for your conveyancing in Shotley Bridge.