Having invested time looking at consumer advice sites for an online lawyer in Keyworth, many comment that I must instruct a CQS assured lawyer. Can you explain what CQS is?
The Law Society's Conveyancing Quality Scheme is the recognised kitemark for legal experts in home ownership transfers, trusted by some of the UK's leading banks. In 2011-12 the Conveyancing Quality Scheme was officially recognised by the Legal Ombudsman. CQS is not a scheme offered by the Council of Licensed Conveyancing. Keyworth is one of the numerous areas of the UK where there are Accredited solicitors.
It has been three months since my purchase conveyancing in Keyworth concluded. I have checked the Land Registry site which shows that I paid £200,000 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 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.
Just had an offer accepted on a new build flat in Keyworth. Conveyancing is a frightening process at the best of times but I have never purchased a new build flat before. What sort of enquires would be asked in new build legal work.
Set out below is a sample of a selection of leasehold new build enquiries that you should expect your new-build leasehold conveyancing in Keyworth
The Landlord must covenant to assume the management if the Management Company goes into liquidation or otherwise defaults in running the management scheme. Please supply a car parking plan. Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose? Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company? Will control of the Management Company (if any) be handed over to purchasers on completion of the last sale or earlier?
Hoping to buy a property located in Keyworth and I am already nervous. I couldn't find anything specific about Keyworth. Conveyancing will be needed in due course but do you know about the Keyworth area? or perhaps some other tips you can share?
Rather than looking online forget looking online you should go and have a look at Keyworth. In the meantime here are some basic statistics that we found
My cousin has recommend that I use his lawyers for conveyancing in Keyworth. Do I take his guidance?
No doubt the best way to find a conveyancing practitioner is to seek recommendations from friends or relatives who have used the conveyancer that you are are thinking of instructing.
What advice can you give us when it comes to finding a Keyworth conveyancing practice to carry out our lease extension conveyancing?
When appointing a solicitor for your lease extension (regardless if they are a Keyworth conveyancing firm) it is most important that they be familiar with the legislation and specialises in this area of conveyancing. We recommend that you speak with several firms including non Keyworth conveyancing practices prior to instructing a firm. If the firm is ALEP accredited then so much the better. The following questions could be useful:
How experienced is the firm with lease extension legislation? What volume of lease extensions has the firm completed in Keyworth in the last 12 months?
I acquired a 2 bed flat in Keyworth, conveyancing formalities finalised in 2000. Can you let me have an estimate of the premium that my landlord can legally expect in return for granting a renewal of my lease? Similar flats in Keyworth with over 90 years remaining are worth £265,000. The average or mid-range amount of ground rent is £50 levied per year. The lease finishes on 21st October 2099
You have 76 years remaining on your lease we estimate the premium for your lease extension to be between £8,600 and £9,800 plus costs.
The figure that we have given is a general guide to costs for extending a lease, but we cannot give you a more accurate figure in the absence of comprehensive due diligence. You should not use the figures in tribunal or court proceedings. There may be other issues that need to be taken into account and you obviously want to be as accurate as possible in your negotiations. Please do not take any other action based on this information before seeking the advice of a professional.