Recently contacted my conveyancing solicitor in Thames View who conducted the legals 18 months ago asking for a conveyancing quote based on an identical type of house move (a leasehold property and a freehold property) of almost identical values with a mortgage from Skipton Building Society. It looks as though am now being quoted double. Should I hunt for a cheaper online firm of conveyancing solicitor?
The quote is fractionally on the expensive side. If you are content to expend time comparing costs you might shave off some of the expense by perhaps a hundred pounds. On the other hand, assuming were content with the legal work the firm gave you mightlive to rue opting for an an untested solicitor. If is important to check the solicitor can also act for Skipton Building Society. You can utilise our search tool to choose a Thames View conveyancing firm on the Skipton Building Society approved list of lawyers, which can often include conveyancing solicitors in Thames View.
My partner and I are buying our first house. The property lawyer has calledto check if we want to take out additional conveyancing searches. Unfortunately we have no idea as to what's recommended for conveyancing in Thames View
The quantity and type of Thames View conveyancing searches depends primarily on the property, the location, the possibility of any of these risks, your familiarity of the locality and risks, your general appetite to risk. What is important is that you properly understand what information the searches could give you. You may then decide if you personally think you need that information. If unclear, ask the conveyancing practitioner to guide you.
My friend advised me that if I am purchasing in Thames View 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 sometimes included in the estimate for your Thames View conveyancing searches. It is a large report of about 40 pages, listing and setting out important information about Thames View around the property and the people living there. It includes 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 details, Thames View Education with plans and statistics, Local Amenities and other useful data regarding Thames View.
2 months have gone by following my purchase conveyancing in Thames View 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.
Yesterday I discovered that there is a flying freehold issue on a property I put an offer in a fortnight ago in what should have been a straight forward, chain free conveyancing. Thames View is the location of the property. Can you offer any opinion?
Flying freeholds in Thames View are rare but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Thames View you would need to get your solicitor to go through the deeds very carefully. Your mortgage company may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Thames View may decide 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 residence.
I am attracted to a two flats in Thames View both have approximately forty five years remaining on the leases. should I be concerned?
There are plenty of short leases in Thames View. The lease is a right to use the premises for a prescribed time frame. As the lease gets shorter the marketability of the lease deteriorates and it becomes more expensive to extend the lease. This is why it is generally wise to extend the lease term. It is often difficulties arise selling premises with a short lease as mortgage companies less inclined to grant a loan on properties of this type. Lease enfranchisement can be a difficult process. We advise that you get professional assistance from a solicitor and surveyor with experience in this arena.
Having spent years of dialogue we cannot agree with our landlord on how much the lease extension should cost for our flat in Thames View. Can we issue an application to the Residential Property Tribunal Service?
Where there is a missing freeholder or where there is dispute about what the lease extension should cost, under the relevant legislation it is possible to make an application to the LVT to arrive at the sum to be paid.
An example of a Lease Extension matter before the tribunal for a Thames View residence is 49 Aldborough Road South in July 2012. The Tribunal decided that the premium payable for the grant of the new lease was £13,925 This case was in relation to 1 flat. The unexpired term was 61.36 years.