Having sold my house in Radcliffe on Trent last October but my buyer keeps SMS messaging every few hours to say their conveyancer is waiting to hear from mine. What should my lawyer have done following completion?
Post completion of your house sale your conveyancer should forward the transfer documentation and all of the paperwork to the buyer’s solicitors. Depending on the transaction, your solicitor should also send confirmation that the legal charge in favour of the lender has been paid off to the purchasers conveyancers. There is unlikely to be post completion tasks unique to conveyancing in Radcliffe on Trent.
five months have elapsed following my purchase conveyancing in Radcliffe on Trent concluded. I have checked the Land Registry website which shows that I paid £200,000 when infact I paid £160,000. 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 residence 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.
Over the last few months I have been searching for a ground for flat up to £235,500 and found one close by in Radcliffe on Trent I like with a park and railway links in the vicinity, however it only has 61 years on the lease. There is not much else in Radcliffe on Trent in this price bracket, so just wondered if I would be making a grave error buying a short lease?
Should you require a mortgage that many years may be problematic. Reduce the offer by the anticipated lease extension will cost if not already taken into account. If the existing owner has owned the premises for a minimum of twenty four months you can ask them to start the process of the extension and pass it to you. You can add 90 years to the current lease and have £0 ground rent by law. You should speak to your conveyancing lawyer concerning this matter.
I am using a search engine for the term on line conveyancing in Radcliffe on Trent it brings up many property lawyerslocally. How do I determine which is the suitable property lawyer for the sale of my house?
The best way of choosing a suitable conveyancer is through a personal referral, so ask friends and relatives who have acquired a property in Radcliffe on Trent or a reputable estate agent or financial adviser. Charges for conveyancing in Radcliffe on Trent differ, so it's sensible to secure at least four quotes from different law firms. Dont forget to clarify that the fees are fixed.
Why do Radcliffe on Trent conveyancing costs differ for leasehold and freehold properties?
Leasehold conveyancing in Radcliffe on Trent will often involve additional due diligence including investigating the lease, corresponding with the landlord, obtaining up to date rent receipts, landlord’s consents, management company’s accounts etc.