3 months have elapsed since my purchase conveyancing in Welling completed. I have checked the Land Registry site which shows that I paid £200,000 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.
How does conveyancing in Welling differ for new build properties?
Most buyers of new build or newly converted property in Welling contact us having been asked by the housebuilder to exchange contracts and commit to the purchase even before the house is built. This is because house builders in Welling tend to purchase 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 accustomed to new build conveyancing in Welling or who has acted in the same development.
I am looking to sell my home. My past solicitors closed down. I am in need of a recommendation of a conveyancing firm. Im based in Welling if that makes a difference.
You should use our search tool to help you choose a solicitor for your conveyancing in Welling. We have connected thousands of home buyers and sellers with lender approved solicitors to ensure that the legalities of their house move goes smoothly.
My husband and I are first time buyers - had an offer accepted, yet the estate agent informed us that the vendor will only proceed if we appoint the agent's preferred conveyancers as they are insisting on an ‘expedited deal’. We would rather use a family solicitor used to conveyancing in Welling
It is highly unlikely the owners are driving this. Should the seller desire ‘a quick sale', alienating a motivated buyer is going to damage their objectives. Avoid the agents and go straight to the sellers and explain that (a)you are motivated purchasers (b)you are ready to go, with finances in place © you are chain free (d) you intend to proceed fast (e)but you intend to appoint your own,trusted Welling conveyancing lawyers - as opposed tothe ones that will give the estate agent a commission or achieve conveyancing thresholds set by senior management.
I wish to sublet my leasehold flat in Welling. Conveyancing solicitor who did the purchase is retired - so can't ask him. Do I need to ask my freeholder for permission?
The lease dictates the relationship between the landlord and you the flat owner; specifically, it will indicate if subletting is prohibited, or permitted but only subject to certain caveats. The accepted inference is that if the lease contains no expres ban or restriction, subletting is permitted. The majority of leases in Welling do not prevent strict prohibition on subletting – such a clause would adversely affect the market value the flat. Instead, there is usually simply a requirement that the owner notifies the freeholder, possibly supplying a copy of the sublease.
I have given up trying to purchase the freehold in Welling. Can this matter be resolved via the Leasehold Valuation Tribunal?
if there is a absentee freeholder or where there is disagreement about what the lease extension should cost, under the relevant legislation it is possible to make an application to the LVT to assess the price.
An example of a Lease Extension decision for a Welling premises is 103a Footscray Road in January 2014. The tribunal determines that the premium payable for the extended lease should be £34,500 according to the expert witness valuation calculation This case was in relation to 1 flat.
My lender have just issued us with a mortgage offer. We instructed a reputable conveyancer in Welling last week. A couple of hours ago, our broker phoned to advise us that the mortgage company said that we cannot use our solicitor as they aren't on their panel. As FTB's, we had no idea that the mortgage company had some control over our choice Is this legal?
You can actually choose any conveyencer you want to use including the said conveyancer in Welling but if they are not on the your lender's approved list you would have to pay an extra fee so the bank can retain their own solicitors as well to protect their interest. It may be conceivable that your preferred conveyancing firm to get included on to the lender list of approved firms. You can use web-based search facilities including lenderpanel.com to find a conveyancing solcitor in Welling on the mortgage company panel. You can go into your high street lender branch in Welling. They can recommend conveyancing solicitors in Welling on the panel for your lender.