Just contacted my conveyancing solicitor in Green Street Green who acted for me two years ago and wanted a conveyancing quote based on an identical type of house move (a leasehold residence and a freehold property) of almost identical values with a mortgage from Accord Mortgages Ltd. It looks as though am now being quoted twice the amount. Am I right to be tempted to shop around for a cheaper internet firm of conveyancing solicitor?
The estimate does seem a tad steep. If you you were to look around you might reduce the fees marginally by say £125. That being said, providing that you were happy with the legal work the firm offered you maycome to regret opting for an a cheaper conveyancer. If is important to check the solicitor can also act for Accord Mortgages Ltd. You can employ our search tool to choose a Green Street Green conveyancing firm on the Accord Mortgages Ltd member panel, which can often include conveyancing solicitors in Green Street Green.
I am close to exchanging contracts on the sale of our house in Green Street Green and the buyers lawyers are claiming that there is a possibility that the property was constructed on contaminated land. A high street Green Street Green conveyancer would know this is not the case. It does beg the question why the buyers instructed a nationwide conveyancing outfit as opposed to a conveyancing solicitor in Green Street Green. We have lived in Green Street Green for 4 years we know of no issue. Should we get in touch with our local Authority to seek confirmation that the buyers are looking for.
It would appear that you have a conveyancing solicitor 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 sickness)
five months have gone by following my purchase conveyancing in Green Street Green took place. I have checked the Land Registry site which shows that I paid £175,000 when infact I paid £215,000. 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 premises 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 Green Street Green differ for new build properties?
Most buyers of new build residence in Green Street Green contact us having been asked by the housebuilder to sign contracts and commit to the purchase even before the residence is finished. This is because builders in Green Street Green usually acquire 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 conveyancing solicitors 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 Green Street Green or who has acted in the same development.
I am looking at a two apartments in Green Street Green which have approximately 50 years left on the lease term. Will this present a problem?
A lease is a legal document that entitles you to use the premises for a period of time. As a lease gets shorter the value of the lease decreases and results in it becoming more expensive to acquire a lease extension. For this reason it is generally wise to extend the lease term. It is often difficult to sell a property with a short lease as mortgage companies less inclined to grant a loan on such properties. Lease enfranchisement can be a difficult process. We recommend you get professional assistance from a solicitor and surveyor with experience in this field.
After years of negotiations we simply can't agree with our landlord on how much the lease extension should cost for our flat in Green Street Green. Does the Leasehold Valuation Tribunal have jurisdiction to calculate the appropriate figures?
if there is a missing freeholder or if there is dispute about the premium for a lease extension, under the relevant legislation it is possible to make an application to the First-tier Tribunal (Property Chamber) to assess the price.
An example of a Lease Extension matter before the tribunal for a Green Street Green residence is 1 Southlands Court Southlands Road in September 2013. The Leasehold Valuation Tribunal determined that the premium to be paid by the tenant on the grant of a new lease, in accordance with section 56 and Schedule 13 of the Leasehold Reform, Housing and Urban Development Act 1993 was £30,541 This case related to 1 flat. The unexpired residue of the current lease was 50.57 years.
I'm remortgaging a flat in Green Street Green. I can find my conveyancer's company on the CLC list, but I can't find my lawyer's name on the list. Should I be concerned?
Not all staff in the law firm must be listed by the regulator. As long there is a manager qualified to 'oversee' the transaction, the actual day-to-day activity can be undertaken by unqualified staff.