What can a local search tell me about the property I am purchasing in Bishops Waltham?
Bishops Waltham conveyancing often commences with the ordering local authority searches directly from your local Authority or through a personal search organisations for instance Xpress Legal The local search plays an important part in most Bishops Waltham conveyancing purchase; as long as you wish to avoid any unpleasant surprises after you move into your new home. The search will reveal information on, amongst other things, details on planning applications relevant to the premises (whether granted or refused), building control history, any enforcement action, restrictions on permitted development, nearby road schemes, contaminated land and radon gas; in all a total of thirteen subject areas.
I completed on my house on 7 April and my personal details is not yet on the land registry website. Any reason for this? My conveyancing solicitor in Bishops Waltham advises it would be registered in a couple of weeks. Are transfers in Bishops Waltham uniquely lengthy to register?
There is nothing unique about conveyancing in Bishops Waltham registration formalities. As opposed to being determined by geographic area, timeframes can adjust according to who lodges the application, whether there are errors and whether the Land registry have to notify any third persons or bodies. At present in the region of 80% of such applications are completed in less than three weeks but occasionally there can be extensive delays. Registration takes place once the buyer has moved in to the premises therefore 'speed' is not usually an essential issue but where there is a degree of urgency associated with the registration then you or your lawyers can communicate with the Registry to express the reasoning for the application to be prioritised.
I have been sourcing a conveyancing solicitor in Bishops Waltham for my home move. Can I see a solicitor's complaints history with the profession’s regulator?
You can find documented Solicitor Regulator Association (SRA) determinations stemming from inquisitions from 2008 onwards. Visit Check a solicitor's record. To find details about the period before 1 January 2008, or to check a firm's history, ring 0870 606 2555, 08.00 - 18.00 any week day save for Tuesday when lines open at 9.30am. International callers, call +44 (0)121 329 6800. The regulator sometimes recorded call for training purposes.
What makes a Bishops Waltham lease unacceptable for security purposes?
Leasehold conveyancing in Bishops Waltham is not unique. Most leases are drafted differently and legal mistakes in the legal wording can sometimes mean that certain provisions are missing. For example, if your lease is missing any of the following, it could be defective:
Maintenance charge proportions which don’t add up to the correct percentage Repairing obligations to or maintain parts of the premises
A defective lease can cause problems when trying to sell a property as they can affect a potential buyer’s ability to obtain a mortgage. Santander, Bank of Scotland, and Clydesdale all have express requirements when it comes to what is expected in a lease. Where a lender has been advised by their lawyers that the lease is problematic they may refuse to grant the mortgage, obliging the purchaser to withdraw.
I am the registered owner of a 1st floor flat in Bishops Waltham, conveyancing having been completed June 2011. Can you let me have an estimated range of the fair premium for a lease extension? Similar flats in Bishops Waltham with over 90 years remaining are worth £222,000. The ground rent is £50 invoiced every year. The lease finishes on 21st October 2089
With just 70 years unexpired we estimate the price of your lease extension to range between £9,500 and £11,000 as well as professional fees.
The suggested premium range that we have given is a general guide to costs for extending a lease, but we cannot give you a more accurate figure in the absence of detailed investigations. Do not use this information in a Notice of Claim or as an informal offer. There are no doubt other issues that need to be considered and you obviously want to be as accurate as possible in your negotiations. Please do not move forward based on this information before seeking the advice of a professional.
We are soon to acquiring a home in Bishops Waltham. Can our property lawyer keep the amount we are are buying for private from sites such as Zoopla. Is this achievable and how?
HMLR by statute are required to reveal price paid information on the official title for domestic properties countrywide which includes properties in Bishops Waltham. The register of ownership is a public document, so the Land Registry would be breaking the law excluded specific properties such as the one in Bishops Waltham.
You can ask HM Land Registry to hide the amount paid entry yet the response would be a No.