My relative advised me that where I am buying in Thornton Heath I should carry out a Neighbourhood, Planning and Local Amenity Search. Can you explain what the purpose of this search is?
A search of this type is sometimes quoted for as part of the standard Thornton Heath conveyancing searches. It is a large report of more than thirty pages, listing and detailing significant information about Thornton Heath around the property and the people living there. It incorporates an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the Thornton Heath Housing Market, Council Tax Banding, the type of People living in the area, the dominant type of Housing, the Average House Prices, Crime statistics, Local Education with plans and statistics, Local Amenities and other useful data about Thornton Heath.
It has been five months following my purchase conveyancing in Thornton Heath concluded. I have checked the Land Registry site which shows that I paid £150,000 when infact I paid £180,000. 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.
The estate agent has sent us the confirmation of our purchase of a new build apartment in Thornton Heath. 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 legal work.
Set out below is a sample of a few leasehold new build enquiries that you can expect your new-build leasehold conveyancing in Thornton Heath
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Forfeiture - bankruptcy or liquidation must not apply under this provision. Where there is an Undertaking being granted there is the risk of forfeiture of the Headlease subject to relief if one or more of the Underlessees are willing to accept the original Head Lessee’s obligations as otherwise relief will be denied to the Underlessees. The only alternatives are the Head Lessor agreeing not to forfeit the Headlease or the Head Lessee guaranteeing to the Underlessees that it will not be in breach of the Headlease. The Landlord must covenant to assume the management if the Management Company goes into liquidation or otherwise defaults in running the management scheme. There must be mutual enforceability of lessee’s covenants. 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.
I opted to have a survey done on a property in Thornton Heath before retaining conveyancers. I have been informed that there is a flying freehold aspect to the property. Our surveyor has said that some lenders will not grant a loan on such a house.
It varies from the lender to lender. Lloyds has different instructions for example to Nationwide. Should you wish to telephone us we can check with the appropriate bank. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Thornton Heath. Conveyancing will be smoother if you use a solicitor in Thornton Heath especially if they are acquainted with such properties in Thornton Heath.
I am using a search engine for the words on line conveyancing in Thornton Heath it reveals numerous conveyancerslocally. With so much choice what is the best way to find the suitable solicitor for my move?
The best way of seeking a suitable conveyancer is via personal recommendation, so enquire of colleagues and family who have purchased a property in Thornton Heath or a reputable estate agent or mortgage broker. Charges for conveyancing in Thornton Heath vary, so it's advisable to obtain a minimum of four fee estimates from different property lawyers. Dont forget to clarify what costs in the quote includes.
Whilst your website is a good idea there are many lawyers listed near Thornton Heath being on the bank conveyancing panel. It would be a lot more helpful if you could recommend a specific firm on the conveyancing panel for our bank?
We are not in the business of recommending one firm above another as the right Thornton Heath conveyancing solicitor for you depends on where your priorities lie. For example you may require a local firm with Thornton Heath knowledge or you might be looking for the low cost conveyancing. We recommend that you speak to 3 or 4 lawyers listed before you make your choice..