It has come to my attention via my IFA that my Shoreham By Sea property lawyer is not on the lender Solicitor panel. How can I check?
You need to call your Shoreham By Sea conveyancer. You lawyer should notify you what has happened. Where they are not on the panel they could put your in touch with solicitors on the conveyancing panel for your mortgage company.
What does a local search reveal about the house we're buying in Shoreham By Sea?
Shoreham By Sea conveyancing often commences with the submitting local authority searches directly from your local Authority or via a personal search organisations such as Xpress Legal The local search is essential in every Shoreham By Sea conveyancing purchase; as long as you don’t want any nasty surprises after you move into your property. The search should supply data on, amongst other things, details on planning applications relevant to the premises (whether granted or refused), building control history, any enforcement action, restrictions on permitted development, nearby road schemes, contaminated land and radon gas; in all a total of 13 subject sections.
It has been four months since my purchase conveyancing in Shoreham By Sea 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 asset 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.
About to purchase a new build flat in Shoreham By Sea. Conveyancing is daunting 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 few leasehold new build questions that you should expect your new-build leasehold conveyancing in Shoreham By Sea
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The Landlord must covenant to assume the management if the Management Company goes into liquidation or otherwise defaults in running the management scheme. Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company? Where there is an Undertaking being granted there is the risk of forfeiture of the Headlease subject to relief if one or more of the Underlessees are willing to accept the original Head Lessee’s obligations as otherwise relief will be denied to the Underlessees. The only alternatives are the Head Lessor agreeing not to forfeit the Headlease or the Head Lessee guaranteeing to the Underlessees that it will not be in breach of the Headlease. Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose? Will control of the Management Company (if any) be handed over to purchasers on completion of the last sale or earlier?
How can the Landlord & Tenant Act 1954 affect my commercial premises in Shoreham By Sea and how can your lawyers assist?
The particular law that you refer to affords security of tenure to business leaseholders, giving them the right to apply to court for a continuation of occupancy at the end of an expired lease. There are limited grounds that a landlord can refuse a lease renewal and the rules are complex. We are happy to direct you to commercial conveyancing practices who use the act to your advantage and help with commercial conveyancing in Shoreham By Sea
At what stage do I cover the costs of the Stamp Duty Land Tax payable for my Shoreham By Sea flat purchase?
The majority of solicitors will complete a stamp duty return for you during your Shoreham By Sea conveyancing transaction for signature. On completion your lawyer will submit the STL application to the Inland Revenue and - assuming they have the money - settle any land tax liability on your behalf.