I am purchasing a property and need a conveyancing solicitor in The Borough who is on the HSBC Bank conveyancing. Can you recommend a local firm?
Our service is limited to being a directory service for firms who wish to listed as being on the approved conveyancing panel for HSBC Bank in certain locations such as The Borough. We dont recommend any particular firm.
four months have gone by following my purchase conveyancing in The Borough took place. I have checked the Land Registry website which shows that I paid £150,000 when infact I paid £180,000. 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 premises 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 The Borough differ for newly converted properties?
Most buyers of new build property in The Borough come to us having been asked by the developer to sign contracts and commit to the purchase even before the premises is completed. This is because house builders in The Borough tend to buy the site, 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 used to new build conveyancing in The Borough or who has acted in the same development.
I am looking for a leasehold apartment up to £305k and found one near me in The Borough I like with amenity areas and railway links nearby, the downside is that it only has 52 years on the lease. I can't really find anything else in The Borough for this price, so just wondered if I would be making a mistake purchasing a short lease?
Should you require a home loan the remaining unexpired lease term will likely be a potential deal breaker. Reduce the offer by the expected lease extension will cost if not already taken into account. If the current owner has owned the property for a minimum of twenty four months you may ask them to commence the lease extension formalities and then assign it to you. You can add 90 years to the existing lease with a zero ground rent applied. You should consult your conveyancing lawyer regarding this matter.
My business partner and I are looking to lease a unit on the high street. Can you recommend solicitors offering competitive fees for non-domestic conveyancing in The Borough for below 1500k?
We can recommend firms who have an in-depth of experience of commercial conveyancing in The Borough, including the disposal and purchase of businesses as well as simply property. If you are looking to acquire or dispose of a shop, pub, restaurant, office, retail premises or a complete business we will put you in touch with the right solicitor. As for the costs these will vary based on the structure and nuances of the deal. Please provide us with your contact information or telephone us so that we may provide you with a fixed commercial conveyancing quote.