I have given 8 weeks notice to my existing landlord and have to leave my let out property in Horsham by the end of next month. Conveyancing on my purchase is progressing. Is it possible to complete in three weeks as I wish to avoid having to find short term accommodation?
The normal practice is not to serve notice for your letting unless your lawyer suggests that you should. Assuming that you have not previously done so, update to your solicitor and ask them to they apply pressure on the other lawyers, try to get a realistic time scale from them that all parties will work to achieve
three months have elapsed since my purchase conveyancing in Horsham concluded. I have checked the Land Registry site which shows that I paid £150,000 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 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.
The estate agent has sent us the confirmation of our purchase of a new build flat in Horsham. Conveyancing is daunting at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build legal work.
Set out below are examples of a few leasehold new build enquiries that you should expect your new-build leasehold conveyancing in Horsham
-
Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose? Please provide evidence that the form of Lease proposed has been approved by the Land Registry. Please confirm the Lease plans are surveyor 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. The Vendor must covenant to keep unsold units in good repair until long leases are granted therefore.
I am looking for a flat up to £305k and identified one close by in Horsham I like with amenity areas and railway links in the vicinity, the downside is that it's only got 49 years unexpired on the lease. There is not much else in Horsham in this price bracket, so just wondered if I would be making a mistake acquiring a lease with such few years left?
Should you require a mortgage the remaining unexpired lease term will likely be an issue. Reduce the price by the amount the lease extension will cost if not already taken into account. If the existing owner has owned the property for at least 2 years you may ask them to start the process of the extension and then assign it to you. An additional ninety years can be extended on to the existing lease term with a zero ground rent applied. You should consult your conveyancing lawyer about this matter.
I am selling my property. My previous conveyancers has retired. I would be grateful for any recommendation of a conveyancing firm. I happen to live in Horsham if that makes things easier.
Do use our search tool to help you find a solicitor for your conveyancing in Horsham. We have connected thousands of home buyers and sellers with lender approved solicitors to ensure that the legalities of their house move runs smoothly.
Should I choose a Horsham conveyancing solicitor who is local to the property I am purchasing? We have a good friend who can execute the legal work but his firm is located 200kilometers drive away.
The benefit of a local Horsham conveyancing practice is that you can attend the office to sign documents, present your identification documents and apply pressure on them where appropriate. They will also have local intelligence which is a plus. That being said nothing is more important than finding someone that will do a good and efficient job. If other friends have used your friend and on the whole were content that should outweigh using an unknown Horsham conveyancing solicitor just because they are round the corner.