Are the West Smithfield conveyancing solicitors identified as being on the Virgin Money conveyancing panel, together with their details provided by Virgin Money?
West Smithfield conveyancing firms themselves provide us confirmation that they are on the Virgin Money conveyancing panel as opposed to being supplied with a list from Virgin Money directly.
I require fast conveyancing in West Smithfield as I have a deadline to sign on the dotted line in less than 3 weeks. Thankfully I do not need a mortgage. Can I escape the need for conveyancing searches to save fees and time?
If.Given you are are a cash buyer you are at liberty not to have searches conducted although no conveyancer would recommend that you don't. Drawing on our experience of conveyancing in West Smithfield the following are examples of what can be revealed and adversely impact future saleability: Enforcement Notices, Outstanding Fees, Outstanding Grants, Unadopted Roads,...
four months have elapsed since my purchase conveyancing in West Smithfield took place. I have checked the Land Registry site which shows that I paid £175,000 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 asset 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 element on a property I put an offer in two weeks back in what should have been a quick, no chain conveyancing. West Smithfield is where the house is located. Can you offer any advice?
Flying freeholds in West Smithfield are unusual but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside West Smithfield you would need to get your solicitor to go through the deeds very carefully. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in West Smithfield may ascertain 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 property.
What makes your site different to alternative online quote calculators when it comes to conveyancing in West Smithfield?
At this site obtain an accurate quote from a Solicitor or Licensed Conveyancer that appreciates the nuances for your conveyancing in West Smithfield. Unlike many estate agents and brokerage sites we do not charge firms a fee if you appoint them for your property ownership legalities in West Smithfield
I am a negotiator for a reputable estate agency in West Smithfield where we see a few leasehold sales jeopardised due to leases having less than 80 years remaining. I have been given inconsistent advice from local West Smithfield conveyancing solicitors. Please can you clarify whether the owner of a flat can initiate the lease extension process for the purchaser on completion of the sale?
As long as the seller has been the owner for at least 2 years it is possible, to serve a Section 42 notice to commence the lease extension process and assign the benefit of the notice to the purchaser. The benefit of this is that the proposed purchaser need not have to wait 2 years for a lease extension. Both sets of lawyers will agree to form of assignment. The assignment has to be done prior to, or simultaneously with completion of the disposal of the property.
Alternatively, it may be possible to extend the lease informally by agreement with the landlord either before or after the sale. If you are informally negotiating there are no rules and so you cannot insist on the landlord agreeing to grant an extension or transferring the benefit of an agreement to the buyer.
Following months of dialogue we simply can't agree with our landlord on how much the lease extension should cost for our flat in West Smithfield. Can we issue an application to the Residential Property Tribunal Service?
in cases where there is a absentee landlord or if there is dispute about the premium for a lease extension, under the Leasehold Reform, Housing and Urban Development Act 1993 you can apply to the LVT to determine the premium.
An example of a Lease Extension matter before the tribunal for a West Smithfield flat is Flat 89 Trinity Court Grays Inn Road in February 2013. the Tribunal found that the premium to be paid by the tenant on the grant of a new lease, in accordance with section 56 and Schedule 13 to the Leasehold Reform, Housing and Urban Development Act 1993 should be £36,229. This case related to 1 flat. The unexpired lease term was 66.8 years.