I am in the market for a reasonably priced property lawyer. Do I opt for an online conveyancer or a high street Tickhill conveyancing solicitor?
Existing third party relationships is an important consideration when appointing conveyancing solicitors. Tickhill law firms benefit from connections with mortgage brokers and Tickhill, local authorities, valuers and other conveyancing firms meaning you will move in shortest possible time. Having vast knowledge of the local area is also a plus .
It has been three months following my purchase conveyancing in Tickhill concluded. I have checked the Land Registry site which shows that I paid £150,000 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.
Over the last few months I have been searching for a leasehold apartment up to £305k and identified one round the corner in Tickhill I like with open areas and railway links in the vicinity, however it's only got 51 remaining years left on the lease. I can't really find anything else in Tickhill suitable, so just wondered if I would be making a grave error buying a short lease?
If you need a mortgage the remaining unexpired lease term may be an issue. Reduce the price by the expected lease extension will cost if not already taken into account. If the current owner has owned the property for a minimum of twenty four months you can request that they start the process of the extension and then assign it to you. You can add 90 years to the existing lease term and have £0 ground rent by law. You should speak to your conveyancing solicitor concerning this matter.
I was pointed in your direction by a number of property agents in Tickhill to locate a conveyancer using your seach tool. What’s the financial upside for Estate Agents to recommend your services over a competitor’s?
We don’t make any commission for directing people our way. We found it would be just too difficult to pay a commission as members of the public would think, ‘How come the agent getting a kickback? Why aren’t I getting any benefit too?’ So we decided to step away from that.
In searching the internet for the phrase cheap conveyancing in Tickhill it reveals many property lawyersin the vicinity. With so much choice what is the best way to find the suitable property lawyer for purchase transaction?
The preferential way of choosing a suitable conveyancer is via personal referral, so ask colleagues and those you trust who have purchased a property in Tickhill or a reputable estate agent or mortgage broker. Fees for conveyancing in Tickhill vary, so it's advisable to secure a minimum of four fee calculations from different conveyancers. Dont forget to clarify what costs in the quote includes.
Back In 2005, I bought a leasehold house in Tickhill. Conveyancing and Birmingham Midshires mortgage went though with no issue. I have received a letter from someone saying they have taken over the reversionary interest in the property. It included a ground rent demand for rent dating back to 1996. The conveyancing practitioner in Tickhill who previously acted has long since retired. What should I do?
The first thing you should do is contact the Land Registry to make sure that this person is indeed the registered owner of the freehold reversion. It is not necessary to instruct a Tickhill conveyancing lawyer to do this as it can be done on-line for £3. Rest assured that regardless, even if this is the legitimate landlord, under the Limitation Act 1980 the limitation period for recovery of ground rent is six years.
Tickhill Conveyancing for Leasehold Flats - A selection of Queries before buying
-
Is there a share of the freehold? Can you tell me if there are any major works in the planning that will likely add a premium to the service charges? How many of the leaseholders are in arrears for their maintenance charge payments?