I know that there are debates on Chancel Insurance on online forums. Do I need chancel insurance when acquiring a residence in Bishopsworth? or I am told that there is a law dating back centuries that could mean that house owners residing in a parish church boundary may be liable to pay for maintenance to the chancel in proximity to the church. Is this suitable for conveyancing in Bishopsworth?
Unless a previous purchase of the property completed after 12 October 2013 you may assume that solicitors handling conveyancing in Bishopsworth to continue to advocate a chancel search and or chancel repair liability policy.
four months have elapsed since my purchase conveyancing in Bishopsworth concluded. I have checked the Land Registry site which shows that I paid £175,000 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 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.
I decided to have a survey completed on a property in Bishopsworth in advance of retaining conveyancers. I have been told that there is a flying freehold overhang to the property. My surveyor advised that some mortgage companies may refuse to issue a loan on this type of house.
It varies from the lender to lender. Santander has different instructions for example to Nationwide. If you contact us we can check with the relevant lender. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Bishopsworth. Conveyancing will be smoother if you use a solicitor in Bishopsworth especially if they regularly deal with such properties in Bishopsworth.
I need to instruct a conveyancing solicitor for my conveyancing in Bishopsworth. I have stumble across a site which appears to be the ideal solution If it is possible to get all the legals done via email that would be preferable. Should I be wary? What should out be looking out for?
As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?
I have just started marketing my 2 bed apartment in Bishopsworth. Conveyancing has not commenced, but I have just received a yearly service charge invoice – Do I pay up?
Your conveyancing lawyer is likely to suggest that you should discharge the maintenance contribution as usual because all ground rent and maintenance charges should be apportioned on completion, so you will be reimbursed by the buyer for the period running from after the completion date to the subsequent invoice date. Most managing agents will not acknowledge the buyer unless the service charges have been paid and are up to date, so it is important for both buyer and seller for the seller to show that they are up to date. This will smooth the conveyancing process.
I acquired a studio flat in Bishopsworth, conveyancing formalities finalised 9 years ago. Can you please calculate a probable premium for a statutory lease extension? Comparable properties in Bishopsworth with a long lease are worth £202,000. The ground rent is £60 per annum. The lease terminates on 21st October 2075
With just 56 years left to run the likely cost is going to be between £29,500 and £34,000 plus costs.
The suggested premium range above a general guide to costs for renewing a lease, but we cannot give you a more accurate figure in the absence of comprehensive due diligence. You should not use the figures in a Notice of Claim or as an informal offer. There are no doubt other concerns that need to be taken into account and you obviously should be as accurate as possible in your negotiations. Neither should you take any other action based on this information without first getting professional advice.