I am buying a property and the conveyancer has raised the issue of Chancel Repair for which the property could be liable given it’s proximity to the area of such a church. He has recommended insurance. Is this really warranted for conveyancing in Malden Rushett
Unless a previous purchase of the property completed post 12 October 2013 you can assume that lawyers conducting conveyancing in Malden Rushett to continue to suggest a chancel search and or insurance against a claim.
It has been 2 months following my purchase conveyancing in Malden Rushett concluded. I have checked the Land Registry website which shows that I paid £175,000 when infact I paid £160,000. 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.
How does conveyancing in Malden Rushett differ for newly converted properties?
Most buyers of new build residence in Malden Rushett come to us having been asked by the housebuilder to exchange contracts and commit to the purchase even before the property is constructed. This is because developers in Malden Rushett typically purchase the site, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct conveyancers as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are accustomed to new build conveyancing in Malden Rushett or who has acted in the same development.
Over the last few months I have been searching for a flat up to £305k and found one near me in Malden Rushett I like with a park and transport links nearby, however it only has 61 years unexpired on the lease. There is not much else in Malden Rushett for this price, so just wondered if I would be making a mistake buying a lease with such few years left?
If you require a home loan that many years will likely be a potential deal breaker. Discount the price by the amount the lease extension will cost if not already taken into account. If the existing proprietor has owned the property for at least twenty four months you can request that they commence the lease extension formalities and pass it to you. An additional ninety years can be extended on to the current lease with a zero ground rent applied. You should speak to your conveyancing solicitor regarding this.
I am 3 weeks into a residential purchase having been recommend to conveyancers by the local agent to carry out the conveyancing in Malden Rushett. I am not happy. Can you you assist me in finding new conveyancers?
A conveyancer would need to be very bad in order to consider changing them. Has your loan offer been sent? In the event that it has you need to make them aware of the new contact details and get the offer are re-sent. Your new solicitor ideally needs to be on the banks approved list to avoid supplemental fees and delays. So that should be your first question of the new lawyers. Our search tool can help you find a bank approved conveyancer for your conveyancing in Malden Rushett
My husband and I hope to buy our first home in Malden Rushett. Conveyancing solicitor already appointed. The mortgage adviser suggested that a survey is not necessary as the property was only constructed in 2002.
You would be best advised to take a Home Buyer's Report. Given the residence is over ten years old the property will be without a warranty, so you don't want to take a risk. Where a property of this age shows no signs of problems a Home Buyer's report may be sufficient. They will highlight any obvious issues and suggest additional investigation where relevant. Where there are any indications of problems obtain a full Building Survey from the beginning.