Would the conveyancing solicitors listed on your site execute conveyancing in Prescot by way of an attended exchange?
We do have a number of conveyancing specialists carrying out 24hr exchanges. You should call us to receive a conveyancing quote and details as to dates.
I purchased my flat on 11 November and my personal details is yet to be on the land registry website. Any reason for this? My conveyancing solicitor in Prescot advises it should be dealt with in less than a month. Are transfers in Prescot uniquely lengthy to register?
As far as conveyancing in Prescot registration is no faster or slower than anywhere else in England and Wales. As opposed to being determined by geographic area, timescales can adjust subject to the party submitting the application, whether there are errors and if the Land registry communicate with any interested persons or bodies. At present approximately three quarters of such applications are completed within 12 days but some can be subject to extensive hold-ups. Registration occurs once the buyer is living at the premises so post completion formalities is not typically top priority but if it is urgent that the the registration takes place urgently then you or your solicitor should speak with the land registry and explain the circumstances.
I am buying a new build house in Prescot benefiting from help to buy. The builders refused to reduce the price so I negotiated five thousand pounds worth of fixtures and fittings instead. The estate agent told me not inform my solicitor about the side-deal as it will put at risk my mortgage with the lender. Should I keep quiet?.
All lenders require a Disclosure of Incentives Form from the developer of any new build, converted or renovated property, It is available online from the Lenders’ Handbook page on the CML website. CML form is completed and handed to the lender's surveyor when the inspection is done.
Lenders have different policies on incentives. Some accept none at all, cash or physical, while others will accept cash incentives up to 5%.
Hard to understand why the representative of a builder would be suggesting you withold information from a solicitor when all this will be clearly visible on forms the builder has to supply to its solicitor, the buyer's solicitor and the surveyor.
Yesterday I discovered that there is a flying freehold issue on a house I have offered on a fortnight ago in what was supposed to be a straight forward, chain free conveyancing. Prescot is the location of the property. Is there any guidance you can impart?
Flying freeholds in Prescot are unusual but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Prescot you would need to get your solicitor to go through the deeds thoroughly. Your mortgage company may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Prescot may decide that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold premises.
Given that I will soon spend over three hundred thousand on a garden flat in Prescot I wish to talk to a conveyancer about myhouse move before giving the go ahead to the firm. Can this be arranged?
We could not agree more - we would be delighted to talk to you we do not take any clients on without you speaking to the conveyancer due to be carrying out your conveyancing in Prescot.There is no ‘factory style conveyancing’ - each client is an important person, not a case number. The law firms that we put you in touch with believe that the fees you are provided with for your conveyancing in Prescot should be the amount on the final invoice that you are charged.
Estate agents have just been given the go-ahead to market my garden apartment in Prescot. Conveyancing lawyers have not yet been instructed, however I have just had a quarterly service charge demand – Do I pay up?
The sensible thing to do is pay the invoice as usual because all rents and maintenance invoices should be allotted on completion, so you will be reimbursed by the purchaser for the period running from after the completion date to the subsequent invoice date. Most managing agents will not acknowledge the buyer unless 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.
I bought a garden flat in Prescot, conveyancing was carried out 9 years ago. How much will my lease extension cost? Comparable flats in Prescot with an extended lease are worth £202,000. The average or mid-range amount of ground rent is £60 yearly. The lease expires on 21st October 2083
With just 57 years unexpired we estimate the premium for your lease extension to span between £28,500 and £33,000 as well as plus your own and the landlord's "reasonable" professional fees.
The figure above a general guide to costs for renewing a lease, but we cannot give you a more accurate figure without more comprehensive due diligence. Do not use this information in a Notice of Claim or as an informal offer. There are no doubt other issues that need to be taken into account and you obviously should be as accurate as possible in your negotiations. Neither should you move forward placing reliance on this information without first getting professional advice.