I am about to complete buying a property in Kingston Vale but as a result of wreckage from the recent storms I have was able negotiate recompense from the owner in the sum of £2k in the form of a reduction in the price. This was going to be addressed as part of a side agreement yet Principality are not allowing this. Why were they involved?
Any conveyancing practitioner that is on a Principality conveyancing panel is required to disclose to Principality of any variations to the sale price. If you were to refuse your conveyancing practitioner to disclose the reduction to Principality then they would have to discontinue acting for you. In addition, Principality and you would have to appoint a new solicitor for your conveyancing in Kingston Vale.
Why is leasehold purchase conveyancing in Kingston Vale costs more?
In short, leasehold conveyancing in Kingston Vale and elsewhere usually warrants additional due diligence compared to freehold conveyancing. This includes lease investigation, corresponding with the landlord about serving applicable notices, procuring up-to-date service charge and management information, procuring the freeholder’s consents and reviewing management accounts. The obligations on both the landlord and the tenant in the lease need to be studied by the buyer’s conveyancing team and read from beginning to end – no matter how many different owners have owned the lease since it was first entered into.
We are expecting a mortgage offer soon. The lender mentioned the mortgage came with free conveyancing. Does this mean I have to use their panel conveyancer as I would prefer to appoint a specialised conveyancing solicitor in Kingston Vale?
You should check but the chances are that give you one of their panel solicitors should you want the "fee-free" offer. Call the lender and see if they offer you a monetary alternative. Some lenders have previously offered a £250 cashback as an alternative in which case you could put that amount towards the cost for your conveyancing solicitor in Kingston Vale.
We are purchasing a house and the lawyer has raised the issue of Chancel Repair to which the house may be liable because it falls into the area of such a church. She has mentioned insurance. Is this really required for conveyancing in Kingston Vale
Unless a prior acquisition of the premises completed after 12 October 2013 you could take it that conveyancing practitioners handling conveyancing in Kingston Vale to remain recommending a chancel search and or chancel repair liability insurance.
It has been three months following my purchase conveyancing in Kingston Vale completed. I have checked the Land Registry website 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 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 a fortnight into a leasehold purchase having been referred to a firm by the high street agent to carry out the conveyancing in Kingston Vale. I am not happy. Can you help me find new conveyancers?
A solicitor would have to be very poor in order to consider diss instructing them. Has your mortgage offer been generated? In the event that it has you must make them aware of the new contact details and ensure the offer are issued to the new lawyers. The conveyancer should be on the mortgage company panel to avoid added costs and frustration. That should be your first question of the new lawyers. Our find a solicitor tool will help you find a lender approved solicitor for your home move in Kingston Vale