Is there a reason to instruct a Downton conveyancing solicitors firm when national conveyancers are less expensive?

Its a good idea to scrutinise conveyancing costs in Downton and you should seek a reasonable quote but don’t expend your energy searching for the cheapest Downton conveyancer. Finding the right conveyancer can be the distinction between a seamless and a frustrating house move. It is important that you ensure that you have expert guidance from a specialist lawyer. Emails can't be as helpful as a phone call and can never replicate a one to one meeting. The firms that we work with will allocate you a qualified and trusted conveyancing solicitor who can handle your conveyancing from beginning to end, providing a level of continuity that you are unlikely to received from an internet conveyancer. Our lawyers will contact you regularly to update you on progress and keep you informed. Should it ever be necessary to contact the office you will know who you need to speak to and they will be sure you're not left wondering what's going on.

Why is leasehold purchase conveyancing in Downton is more expensive?

Downton leasehold properties involve far more paperwork than a freehold purchase, and therefore takes more time to examine and advise upon.Conveyancing will involve the lease having to be checked which is usually a lengthy document, queries raised to ensure that the covenants and conditions have been observed. If it is a flat there will be a management company in existence and the accounts of this will need to be checked and enquiries raised to ensure it is operating efficiently and that all monies due have been paid by the Seller to the company and if not ensuring that money is paid up to date or the appropriate undertakings obtained.

five months have gone by following my purchase conveyancing in Downton 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 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.

Am I best advised to choose a Downton conveyancing solicitor based in the vicinity that I am hoping to buy? We have a good friend who can handle the legal work however her office is approximately 350kilometers away.

The primary upside of using a high street Downton conveyancing firm is that you can drop in to execute paperwork, hand in your identification documents and apply pressure on them where appropriate. Having local Downton know how is a plus. However nothing is more important than finding someone that will pull out all the stops for you. If other friends have instructed your friend and in the main were happy that must outweigh using an unknown Downton conveyancing solicitor just because they are Downton based.

What are the frequently found problems that you come across in leases for Downton properties?

There is nothing unique about leasehold conveyancing in Downton. All leases are unique and drafting errors can result in certain provisions are missing. The following missing provisions could result in a defective lease:

Maintenance charge proportions which don’t add up to the correct percentage

You may encounter a problem when selling your property if you have a defective lease as they can affect a potential buyer’s ability to obtain a mortgage. Birmingham Midshires, Leeds Building Society, and Nottingham Building Society all have express requirements when it comes to what is expected in a lease. If a mortgage lender believes that the lease is defective they may refuse to grant the mortgage, obliging the purchaser to withdraw.

Leasehold Conveyancing in Downton - Examples of Questions you should ask before buying

Is anyone aware of any major works on the horizon that will likely increase the maintenance charges? What prohibitions exist in the Downton Lease? It is important to be aware whether redecorating or some other major work is due shortly to be shared amongst the tenants and will materially impact the level of the maintenance charges or necessitate a specific invoice.