five months have gone by following my purchase conveyancing in Holton le Clay took place. I have checked the Land Registry site which shows that I paid £175,000 when infact I paid £180,000. 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.
I've recently found out that there is a flying freehold element on a house I have offered on last month in what was supposed to be a simple, no chain conveyancing. Holton le Clay is where the house is located. What do you suggest?
Flying freeholds in Holton le Clay are unusual but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Holton le Clay you would need to get your solicitor to go through the deeds thoroughly. Your lender may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Holton le Clay may decide 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.
I am downsizing from my home. My previous lawyers closed down. It would be helpful to have a recommendation of a conveyancing firm. Im based in Holton le Clay if that makes a difference.
Do use our search tool to help you find a solicitor for your conveyancing in Holton le Clay. We have connected thousands of home buyers and sellers with lender approved solicitors to ensure that the legalities of their house move runs smoothly.
In my capacity as executor for the estate of my grandmother I am selling a house in Monmouth but reside in Holton le Clay. My solicitor (who is 235 miles awayneeds me to execute a statutory declaration prior to completion. Could you suggest a conveyancing lawyer in Holton le Clay to witness this legal document for me?
Technically speaking you are not likely to need to have the documents attested by a conveyancing solicitor. Normally or notary public or qualified solicitor will suffice regardless of whether they are located in Holton le Clay
Last November I purchased a leasehold flat in Holton le Clay. Am I liable to pay service charges for periods before my ownership?
In a situation where the service charge has already been demanded from the previous lessee and they have not paid you would not usually be personally liable for the arrears. Strange as it may seem, your landlord may still be able to take action to forfeit the lease. It is an essential part of leasehold conveyancing for your conveyancer to ensure to have an up to date clear service charge receipt before completion of your purchase. If you have a mortgage this is likely to be a requirement of your lender.
If you purchase part way through an accounting year you may be liable for charges not yet demanded even if they relate to a period prior to your purchase. In such circumstances your conveyancer would normally arrange for the seller to set aside some money to cover their part of the period (usually called a service charge retention).
I invested in buying a 1 bedroom flat in Holton le Clay, conveyancing formalities finalised June 2007. Can you shed any light on how much the price could be for a 90 year extension to my lease? Comparable flats in Holton le Clay with a long lease are worth £181,000. The average or mid-range amount of ground rent is £55 invoiced annually. The lease runs out on 21st October 2075
You have 51 years unexpired we estimate the premium for your lease extension to range between £30,400 and £35,200 as well as professional fees.
The suggested premium range that we have given is a general guide to costs for extending a lease, but we are not able to provide the actual costs without more detailed due diligence. You should not use this information in a Notice of Claim or as an informal offer. There are no doubt other issues that need to be taken into account and clearly you should be as accurate as possible in your negotiations. Please do not move forward based on this information without first seeking the advice of a professional.
Is there an average conveyancing fee for conveyancing in Holton le Clay?
The average cost last year for conveyancing in Holton le Clay was £1,500 not including SDLT and HM Land Registry fees.