Various online forums that I have frequented warn that are the main reason for delay in Beacontree Heath house deals. Is that correct?
The Council of Property Search Organisations (CoPSO) published conclusions of research by MoveWithUs that conveyancing searches do not feature within the top 10 causes of delays in the conveyancing process. Local searches are not likely to feature in any holding up conveyancing in Beacontree Heath.
3 months have elapsed following my purchase conveyancing in Beacontree Heath completed. I have checked the Land Registry website which shows that I paid £175,000 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 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 Beacontree Heath differ for new build properties?
Most buyers of new build or newly converted property in Beacontree Heath come to us having been asked by the housebuilder to sign contracts and commit to the purchase even before the residence is constructed. This is because new home sellers in Beacontree Heath tend to 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 conveyancers 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 Beacontree Heath or who has acted in the same development.
We are 14 days into a freehold purchase having been recommend to a firm by the high street agent to do our conveyancing in Beacontree Heath. I am am very disappointed with the quality of service. Could you you assist me in finding new solicitors?
They would need to be really bad to suggest replacing them. Has the mortgage offer been sent? In the event that it has you must make them aware of the new contact details and ensure the mortgage documents are re-issued. Your new conveyancer needs to be on the banks approved list to avoid supplemental fees and frustration. So that should be your starting point. The search tool will help you find a lender approved lawyer for your home move in Beacontree Heath
There are only 68 years left on my lease in Beacontree Heath. I need to get lease extension but my landlord is absent. What are my options?
On the basis that you meet the appropriate requirements, under the Leasehold Reform, Housing and Urban Development Act 1993 you can submit an application to the County Court for for permission to dispense with the service of the initial notice. This will enable the lease to be extended by the Court. You will be obliged to demonstrate that you have done all that could be expected to find the freeholder. For most situations a specialist would be helpful to carry out a search and to produce a report to be accepted by the court as evidence that the landlord is indeed missing. It is wise to seek advice from a property lawyer both on devolving into the landlord’s disappearance and the application to the County Court covering Beacontree Heath.
Having spent years of dialogue we are unable to agree with our landlord on how much the lease extension should cost for our flat in Beacontree Heath. Can we issue an application to the Residential Property Tribunal Service?
You certainly can. We can put you in touch with a Beacontree Heath conveyancing firm who can help.
An example of a Lease Extension matter before the tribunal for a Beacontree Heath residence is 49 Aldborough Road South in July 2012. The Tribunal decided that the premium payable for the grant of the new lease was £13,925 This case related to 1 flat. The unexpired residue of the current lease was 61.36 years.