I am planning on selling our property in Wednesbury and according to the buyers it appears that there is a possibility that the property was built land that was not decontaminated. Any high street Wednesbury lawyer would know that there is no such problem. It does beg the question why the buyers used a nationwide conveyancing firm as opposed to a conveyancing solicitor in Wednesbury. We have lived in Wednesbury for many years we know of no issue. Should we contact our local Authority to seek clarification need.
It sounds as though you may have a conveyancing lawyer currently acting for you. Are they able to advise? 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 life insurance to cover that same illness)
five months have elapsed following my purchase conveyancing in Wednesbury completed. 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 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.
The estate agent has sent us the confirmation of our purchase of a new build apartment in Wednesbury. Conveyancing is daunting at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build conveyancing.
Here is a sample of a selection of leasehold new build questions that you may expect your new-build leasehold conveyancing in Wednesbury
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The Vendor must covenant to keep unsold units in good repair until long leases are granted therefore. Forfeiture - bankruptcy or liquidation must not apply under this provision. 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. Where service of notices and proceedings can be at the property demised please confirm that this can be amended to include simultaneous services at the Lessees’ solicitors’ offices where the Lessee from time to time is not resident in the UK - such solicitors may be varied by notice in writing to the Landlord from time to time but otherwise will be as previously specified.
My husband and I are first time buyers - had an offer accepted, but the property agent advised that the seller will only issue a contract if we appoint their recommended solicitors as they need a ‘quick sale’. Our preferred option is to instruct a local solicitor accustomed to conveyancing in Wednesbury
It is improbable the owners are driving this. If they desire ‘a quick sale', taking such a hostile approach to a motivated purchaser is likely to cause more damage than good. Contact the vendors directly and make sure they comprehend that (a)you are serious purchasers (b)you are excited to move forward, with mortgage lined up © you have nothing to sell (d) you intend to proceed fast (e)but you will continue to appoint your own,trusted Wednesbury conveyancing solicitors - not the ones that will provide the negotiator at the agency a referral fee or hit his conveyancing figures demanded by corporate headquarters.
If all goes to plan we aim to complete our sale of a £475,000 garden flat in Wednesbury on Thursday in a week. The freeholder has quoted £300 for Certificate of Compliance, building insurance schedule and previous years service charge statements. Is it legal for a freeholder to charge such fees for a leasehold conveyance in Wednesbury?
Wednesbury conveyancing on leasehold maisonettes typically results in administration charges raised by management companies :
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Completing pre-exchange enquiries
Where consent is required before sale in Wednesbury
Supplying insurance information
Deeds of covenant upon sale
Registering of the assignment of the change of lessee after a sale
I invested in buying a split level flat in Wednesbury, conveyancing was carried out in 2008. Can you shed any light on how much the price could be for a 90 year extension to my lease? Equivalent flats in Wednesbury with an extended lease are worth £180,000. The ground rent is £65 invoiced every year. The lease finishes on 21st October 2083
You have 58 years remaining on your lease we estimate the premium for your lease extension to span between £21,900 and £25,200 plus costs.
The figure that we have given is a general guide to costs for renewing a lease, but we are not able to advice on the actual costs in the absence of comprehensive due diligence. You should not use the figures in a Notice of Claim or as an informal offer. There are no doubt other issues that need to be considered and clearly you want to be as accurate as possible in your negotiations. Neither should you take any other action placing reliance on this information without first seeking the advice of a professional.
Two months into a sale of a flat in Wednesbury. Conveyancing is fine but we are being charged an extortionate amount from the freeholder. So far we have forked out £225 for a leasehold management information and then a further £134.40 for additional questions supplied by the buyers solicitor.
Your lawyer will not have any say over the level of the bill for this information however the average fee for the information for Wednesbury leasehold property is £380. When it comes to Wednesbury conveyancing sales it is conventional for the seller to pay for these costs. The freeholder or their agents are under no statutory obligation to address such questions most will agree to do so - albeit often at exorbitant prices disproportionate to the work involved. Regretfully there is no legislation that mandates capped fees for administrative tasks. Neither is there any statutory time frame by which they are required to provide the information.