We are buying a house and require a conveyancing solicitor in Potswood who is on the Aldermore solicitor panel. Can you recommend a local firm?
Our service is limited to being a directory service for firms who wish to be listed as being on the approved conveyancing panel for Aldermore . We don't recommend any particular firms conducting conveyancing in Potswood.
We just had an offer accepted to purchase with Earl Shilton BS. I called into 3 or 4 high street solicitors but cant to find a Potswood conveyancing firm on the Earl Shilton BS approved list. Could you help?
Feel free to take advantage of the search tool on this site. Pick the lender and type Potswood or your preferred area and you will be presented with a number of lawyer located in Potswood or near you.
It has been 4 months since my purchase conveyancing in Potswood took place. 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 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.
How does conveyancing in Potswood differ for new build properties?
Most buyers of new build or newly converted property in Potswood come to us having been asked by the housebuilder to exchange contracts and commit to the purchase even before the residence is constructed. This is because developers in Potswood typically acquire the land, 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 property lawyers 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 used to new build conveyancing in Potswood or who has acted in the same development.
There are only 68 years unexpired on my lease in Potswood. I now want to extend my lease but my landlord is absent. What should I do?
On the basis that you qualify, under the Leasehold Reform, Housing and Urban Development Act 1993 you can apply to the County Court for for permission to dispense with the service of the initial notice. This will enable the lease to be granted an extra 90 years by the magistrate. However, you will be required to prove that you have done all that could be expected to find the landlord. On the whole a specialist may be useful to carry out a search and to produce a report to be accepted by the court as evidence that the landlord is indeed missing. It is advisable to get professional help from a conveyancer both on investigating the landlord’s absence and the vesting order request to the County Court overseeing Potswood.
Potswood Conveyancing for Leasehold Flats - Examples of Queries before buying
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On the whole the outlay for major works tend not to be wrapped into the maintenance charges, although a few managing agents in Potswood require tenants to pay into a reserve fund and this is used to offset against larger repairs or maintenance. The prefered form of lease structure is a share of the freehold. In this situation the tenants benefit from control and notwithstanding that a managing agent is often retained where the building is larger than a house conversion, the managing agent is directed by the tenants. Are any of leasehold owners in arrears of their service charge liability?
Estate agents have just been given the go-ahead to market my garden flat in Potswood.Conveyancing is yet to be initiated however I have recently received a quarterly service charge demand – Do I pay up?
Your conveyancing lawyer is likely to suggest that you should pay the service charge as normal because all rents and maintenance charges should be allottedon completion, so you will be reimbursed by the purchaser for the period running from after the completion date to the next payment date. Most management companies 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. This will smooth the conveyancing process