It has been five months following my purchase conveyancing in Kenton completed. I have checked the Land Registry website which shows that I paid £150,000 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 Kenton differ for newly converted properties?
Most buyers of new build residence in Kenton come to us having been asked by the developer to exchange contracts and commit to the purchase even before the property is built. This is because new home sellers in Kenton typically acquire the real estate, 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 conveyancing solicitors 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 used to new build conveyancing in Kenton or who has acted in the same development.
I opted to have a survey completed on a property in Kenton ahead of instructing solicitors. I have been advised that there is a flying freehold element to the property. My surveyor has said that some banks may refuse to grant a loan on such a premises.
It varies from the lender to lender. Lloyds has different instructions from Halifax. If you contact us we can check with the appropriate mortgage company. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Kenton. Conveyancing will be smoother if you use a solicitor in Kenton especially if they are accustomed to such properties in Kenton.
Are there any apps to help identify a Kenton law firm on the Accord Mortgages Ltd conveyancing panel? I drive a motor bike and am willing to travel upto 25miles to meet the conveyancer.
You can use the tool on this website. Please choose the mortgage company and your location and you will see a number of Kenton conveyancing lawyers located nearest you. We have detailed some Kenton conveyancing firms at the bottom of this page and you can ring them to see whether they are on the Accord Mortgages Ltd member panel
My partner is buying a leasehold flat in Kenton. He was given a quote by the property lawyer suggested by the estate agents and it came to £1156 . It was seven years ago I sold and purchased a house and the fee was £495. Have charges really gone up that much?
What does the conveyancing estimate include? Is it just for the legal fees, or what you will be paying in total (for example Kenton searches, land registry fees, etc)