What can a local search reveal regarding the house we're purchasing in Hornchurch?
Hornchurch conveyancing often starts with the applying for local authority searches directly from your local Authority or via a personal search company for instance Searchflow The local search is essential in every Hornchurch conveyancing purchase; that is if you wish to avoid any nasty once you have moved into your property. The search should provide information on, amongst other things, details on planning applications applicable to the premises (whether granted or refused), building control history, any enforcement action, restrictions on permitted development, nearby road schemes, contaminated land and radon gas; in all a total of 13 topic headings.
It has been 2 months since my purchase conveyancing in Hornchurch 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 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.
I am looking for a leasehold apartment up to £305k and identified one near me in Hornchurch I like with open areas and railway links nearby, the downside is that it's only got 61 years unexpired on the lease. I can't really find anything else in Hornchurch in this price bracket, so just wondered if I would be making a mistake acquiring a short lease?
Should you need a mortgage that many years may be problematic. Discount the price by the anticipated lease extension will cost if it has not already been discounted. If the current owner has owned the premises for at least 2 years you may request that they commence the lease extension formalities and pass it to you. An additional ninety years can be extended on to the existing lease with a zero ground rent applied. You should speak to your conveyancing lawyer about this.
We are one month into a residential purchase having been directed to conveyancers by the local agent to perform conveyancing in Hornchurch. I am am extremely frustrated with the quality of service. Can you help me find new conveyancers?
They would have to be very poor in order to consider replacing them. Has your loan offer been generated? If so you will need to advise them of the new lawyer and get the loan are issued to the new lawyers. Your solicitor ideally needs to be on the banks panel to avoid supplemental fees and complications. That should be your starting point. Our search tool can help you find a lender approved solicitor for your home move in Hornchurch
Estate agents have just been given the go-ahead to market my garden flat in Hornchurch. Conveyancing lawyers have not yet been instructed, however I have just received a half-yearly maintenance charge demand – should I leave it to the buyer to sort out?
Your conveyancing lawyer is likely to suggest that you should discharge the invoice as normal given that all ground rent and service charges should be apportioned as part of the financial calculations for completion monies, so you will be reimbursed by the buyer for the period running from after the completion date to the next payment date. Most managing agents will not acknowledge the buyer until the service charges have been paid and are up to date, so it is important for both buyer and seller for the seller to show that they are up to date. Having a clear account will assist your cause and will leave you no worse off financially.
Having spent years of negotiations we simply can't agree with our landlord on how much the lease extension should cost for our flat in Hornchurch. Does the Leasehold Valuation Tribunal have jurisdiction to calculate the appropriate figures?
Most certainly. We are happy to put you in touch with a Hornchurch conveyancing firm who can help.
An example of a Lease Extension decision for a Hornchurch flat 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 affected 1 flat. The number of years remaining on the existing lease(s) was 57.5 years.
I am purchasing a garden apartment in Hornchurch. Conveyancing solicitor has been awaiting, from the seller, building insurance documents. This morning I was advised that the vendor needs to forward the insurance paperwork for the flat above also. Why would my lawyer want to check the insurance for the other flat? Is it really required? We have been in hold for the previous 3 weeks…
It is not unheard of in leasehold conveyancing in Hornchurch to discover Conveyancing in Hornchurch in a minority of cases reveals that the lease requires the leasehold owners to insure their individual flats as opposed to the landlord insuring the complete block - which is clearly better. Do contact your conveyancer but it would seem that your solicitor is seeking to verify that the whole building is insured. Insuring your flat is no help when it comes to rebuilding after a fire if the 1st floor cannot be reinstated as a result of lack of insurance.