We note that you have a post code search directory identifying solicitors on the Nottingham conveyancing panel. Do companies pay you a commission if I appoint them for our conveyancing in Warwickshire?
We are a listing service only for law firms wishing to communicate if they are on the Nottingham conveyancing panel or other lender panels. We do not charge referral fees to any conveyancer that you subsequently appoint for your conveyancing in Warwickshire.
We are downsizing from our house in Warwickshire and the buyers lawyers are claiming that there is a possibility that the property was constructed on contaminated land. A high street Warwickshire lawyer would know this is not the case. For the life of me I don't know why the buyers used a factory type conveyancing firm as opposed to a conveyancing solicitor in Warwickshire. We have lived in Warwickshire for six years we know of no issue. Is it a good idea to get in touch with our local Authority to obtain clarification that the buyers are looking for.
It sounds as though you may have a conveyancing firm currently acting for you. What do they say? You must check with your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out health insurance to cover that same ailment)
3 months have gone by following my purchase conveyancing in Warwickshire took place. I have checked the Land Registry site which shows that I paid £150,000 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 Warwickshire differ for newly converted properties?
Most buyers of new build or newly converted property in Warwickshire come to us having been asked by the seller to sign contracts and commit to the purchase even before the property is constructed. This is because builders in Warwickshire tend to buy the real estate, 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 conveyancers 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 Warwickshire or who has acted in the same development.
I've recently found out that there is a flying freehold element on a property I put an offer in last month in what should have been a simple, chain free conveyancing. Warwickshire is where the house is located. What do you suggest?
Flying freeholds in Warwickshire are rare but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Warwickshire you must be sure that your lawyer goes through the deeds thoroughly. Your mortgage company may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Warwickshire 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 residence.
I've recently bought a leasehold house in Warwickshire. Am I liable to pay service charges relating to a period prior to my ownership?
Where the service charge has already been demanded from the previous lessee and they have not paid you would not usually be personally liable for the arrears. Strange as it may seem, your landlord may still be able to take action to forfeit the lease. A critical element of leasehold conveyancing for your conveyancer to ensure to have an up to date clear service charge receipt before completion of your purchase. If you have a mortgage this is likely to be a requirement of your lender.
If you purchase part way through an accounting year you may be liable for charges not yet demanded even if they relate to a period prior to your purchase. In such circumstances your conveyancer would normally arrange for the seller to set aside some money to cover their part of the period (usually called a service charge retention).
Leasehold Conveyancing in Warwickshire - Examples of Questions you should consider Prior to buying
-
Please note if it is fewer than eighty years it will have adverse implications on the value of the apartment. It is worth checking with your bank that they are happy with residual term of the lease. Leases with less than 80 years remaining means that you will almost definitely have to extend the lease sooner rather than later and you need to have some idea of what this will be. For most Warwickshirelease extensions you will be required to have been the owner of the residence for 24 months in order to be legally able to extend the lease. Are there any major works in the planning that will likely increase the maintenance fees? Be sure to investigate if the the lease contains any unreasonable restrictions in the lease. By way of example some leases prohibit pets being allowed in in a block in Warwickshire. If you love the propertyin Warwickshire however your cat can’t live with you then you will be presented with a hard decision.