I require conveyancing for a flat in a fairly new development (6 years old) in Widnes. 95% of the properties have already been disposed of. Is it really necessary to order neighbourhood searches as part of conveyancing in Widnes?
If you getting a loan, your lender will need some (many) of the searches so you'll have no choice. If not, then Widnes conveyancing searches are optional. Your lawyer, will 'advise', perhaps strongly, that you should have the searches done, but he or she is duty bound in this regard. One thing to bear in mind; if you are likely to sell the house one day, it may be of interest to your future buyer what the searches contain. Sometimes houses with no practical issues can still throw up adverse search results. But if you demand that your lawyer to proceed without searches then your lawyer will have to follow your instructions or ask you to appoint a different lawyer for your conveyancing in Widnes.
I have been recommended a conveyancing solicitor in Widnes. I I would like to check whether they are on the Leeds Building Society conveyancing panel. Can you assist?
The first thing to do is contact the solicitor and enquire whether they are on the lender panel. Otherwise you should call Leeds Building Society who may be able to help.
It has been 4 months following my purchase conveyancing in Widnes concluded. I have checked the Land Registry website which shows that I paid £200,000 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.
The estate agent has sent us the confirmation of our purchase of a new build flat in Widnes. Conveyancing is a frightening process 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 conveyancing.
Here is a sample of a few leasehold new build enquiries that you should expect your new-build leasehold conveyancing in Widnes
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Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company? Please confirm the Lease plans are architect prepared. 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. Will control of the Management Company (if any) be handed over to purchasers on completion of the last sale or earlier? Investor purchasers must be able to freely grant unsecured tenancies at market rents without requiring any consents.
I need to instruct a conveyancing practitioner in Widnes for my house move. Is there any facility to review a solicitor's complaints history with the profession’s regulator?
Members of the public may read presented Solicitor Regulator Association (SRA) decisions arising from inquisitions commenced on or after Jan 2008. Go to Check a solicitor's record. For information about the period before 1 January 2008, or to check a firm's history, phone 0870 606 2555, 08.00 - 18.00 Monday, Wednesday, Thursday, Friday and 09.30 - 18.00 Tuesday. For non-uk callers, call +44 (0)121 329 6800. The regulator sometimes recorded telephone calls for training reasons.
I am attracted to a two maisonettes in Widnes both have in the region of 50 years left on the leases. should I be concerned?
A lease is a legal document that entitles you to use the premises for a period of time. As the lease gets shorter the marketability of the lease decreases and it becomes more expensive to acquire a lease extension. For this reason it is often a good idea to increase the term of the lease. It is often difficult to sell a property with a short lease because mortgage companies less inclined to grant a loan on properties of this type. Lease extension can be a protracted process. We recommend you seek professional assistance from a solicitor and surveyor with experience in this area.
I purchased a 1 bedroom flat in Widnes, conveyancing was carried out August 2007. Can you give me give me an indication of the likely cost of a lease extension? Equivalent flats in Widnes with over 90 years remaining are worth £180,000. The average or mid-range amount of ground rent is £65 per annum. The lease finishes on 21st October 2082
With 58 years remaining on your lease we estimate the premium for your lease extension to range between £22,800 and £26,400 plus legals.
The suggested premium range above a general guide to costs for renewing a lease, but we are not able to advice on a more accurate figure in the absence of comprehensive due diligence. Do not use the figures in tribunal or court proceedings. There are no doubt other issues that need to be taken into account and you obviously want to be as accurate as possible in your negotiations. You should not take any other action based on this information before getting professional advice.