Would the conveyancing solicitors that you recommend execute conveyancing in Sturminster Newton by way of an attended exchange?
We do have a number of conveyancing specialists who can conduct personalised exchanges. Please call us to get a costs illustration and details as to dates.
We are selling our home in Sturminster Newton. Does my conveyancer have to be on the Kent Reliance conveyancing panel in order to deal with repayment of my mortgage?
Ordinarily, even if your lawyer is not on the Kent Reliance conveyancing panel they can still act for you on your sale. It might be that the lender will not release the original deeds (if applicable and increasingly irrelevant) until after the mortgage is paid off. You should speak to your lawyer directly before you start the process though to ensure that there is no problem as lenders are changing their requirements fairly frequently in recent years.
4 months have elapsed since my purchase conveyancing in Sturminster Newton concluded. I have checked the Land Registry website which shows that I paid £150,000 when infact I paid £170,000. 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 Sturminster Newton. Conveyancing is necessary evil 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 conveyancing.
Here are examples of a selection of leasehold new build enquiries that you should expect your new-build leasehold conveyancing in Sturminster Newton
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There must be mutual enforceability of lessee’s covenants. Please provide evidence that the form of Lease proposed has been approved by the Land Registry. Will control of the Management Company (if any) be handed over to purchasers on completion of the last sale or earlier? The Lease must contain a provision on behalf of the Vendor to pay the service charges in respect of unoccupied units in order to ensure that all services can be provided. Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company?
Am I right to be suspicious that estate agents that I am dealing with are suggesting a factory type conveyancing firm rather than a local Sturminster Newton conveyancing practice?
As is the case with many professional services, often referrals from connections can be extremely useful or valuable. Yet there are many parties with a keen interest in a conveyancing transaction; estate agents, financial adviser and lenders may suggest solicitors to appoint. On occasion these lawyers might be known to one of the organisations as experts in their field, but sometimes there behind the scenes financial incentive behind the endorsement. You have the right to appoint your own lawyer. Don't forget that the majority of banks specify a panel list of solicitors you must use for the mortgage related work in your house move.
I am short of a 10% deposit on my apartment purchase in Sturminster Newton , but I am anxious proceed. Do I have options?
One option is to try and accept a smaller deposit. Most vendors will agree to a lower deposit or even no deposit for a first time buyer or 100% mortgage. Be aware though that if you fail to complete you will still need to hand over a minimum of 10% of the purchase price regardless of how much deposit was agreed.
You can also agree a simultaneous exchange and completion as no deposit is required for this however neither party will be tied in until completion actually takes place and it can be risky if sellers change their mind at the last minute