The owners have rather brash sellers who has recommended a exclusivity contract with a payment of 5k. Are such agreements sensible?
This form of contract is unusual in Chase Cross, conveyancers will often sway clients away from them as they detract from focusing on the primary objective, namely conveyancing and if you end up having your deposit forfeited then the solicitor at best left with an upset client and at worst a litigious one. Furthermore, there is no certainty that just because the owner has executed a lock out contract they will sell to you. They may be in contravention of the agreement if they receive a big enough incentive to do so because an aggrieved buyer with the benefit of a lockout agreement will still have to show losses as a consequence of the breach and these may not compare to the extra amount that the owner may obtain by breaching the contract, however morally reprehensible the behaviour is.
My colleague recommended that if I am buying in Chase Cross I should ask my conveyancer to execute a Neighbourhood, Planning and Local Amenity Search. Can you explain what the purpose of this search is?
This is a search is usually included in the estimate for your Chase Cross conveyancing searches. It is a large report of about 40 pages, listing and detailing significant information about Chase Cross around the property and the people living there. It incorporates an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the Chase Cross Housing Market, Council Tax Banding, the type of People living in the area, the dominant type of Housing, the Average House Prices, Crime statistics, Local Education with plans and statistics, Local Amenities and other useful data concerning Chase Cross.
It has been 4 months following my purchase conveyancing in Chase Cross took place. I have checked the Land Registry site which shows that I paid £200,000 when infact I paid £160,000. 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.
We are 18 days into a residential purchase having been recommend to solicitors by the selling agent to execute conveyancing in Chase Cross. I am am very dissatisfied with the level of service. Can you you assist me in finding new solicitors?
A solicitor would need to be really poor to suggest changing them. Has your loan offer been sent? In the event that it has you must make them aware of the new contact details and have the mortgage documents are issued to the new lawyers. Your solicitor ideally needs to be on the lenders panel to avoid supplemental costs and delays. So that should be your starting point. Our find a solicitor tool can assist you in finding a bank approved lawyer for your home move in Chase Cross
My wife and I purchased a leasehold flat in Chase Cross. Conveyancing and Skipton Building Society mortgage are in place. I have received a letter from someone saying they have taken over the reversionary interest in the property. Attached was a ground rent demand for rent dating back to 1993. The conveyancing solicitor in Chase Cross who acted for me is not around. Do I pay?
The first thing you should do is contact the Land Registry to make sure that the individual purporting to own the freehold is in fact the new freeholder. There is no need to instruct a Chase Cross conveyancing lawyer to do this as it can be done on-line for less than a fiver. You should note that in any event, even if this is the rightful landlord, under the Limitation Act 1980 the limitation period for recovery of ground rent is six years.
After months of correspondence we simply can't agree with our landlord on how much the lease extension should cost for our flat in Chase Cross. Can we issue an application to the Residential Property Tribunal Service?
Where there is a missing landlord or if there is dispute about what the lease extension should cost, under the relevant legislation you can apply to the Leasehold Valuation Tribunal to decide the price.
An example of a Lease Extension case for a Chase Cross property is 37 Lodge Court High Street in November 2013. the decision of the LVT was that the premium to be paid for the new lease was £25,559 This case related to 1 flat. The unexpired residue of the current lease was 57.5 years.
I note that you have a post code search directory listing firms on the mortgage company conveyancing panel. Do Chase Cross conveyancing companies pay you a referral fee if I instruct them for my own house purchase?
We are a listing service only for law firms wishing to communicate if they are on the lender conveyancing panel or other lender panels. We do not charge referral fees to the any conveyancer that you subsequently appoint for your conveyancing in Chase Cross.