I am hoping to receive a offer of a home loan from Lloyds. I hope to enlist the help of a Licensed Conveyancer in Budleigh Salterton. Does the Lloyds Solicitor panel allow for Licensed Conveyancers?
The Lloyds conveyancing panel is, like many other lenders, represented by the CML or Building Society Association, open to Licensed Conveyancers regulated by the Council of Licensed Conveyancers.
Having sold my house in Budleigh Salterton last July but my buyer keeps texting me to say her conveyancer needs to hear from mysolicitor. What should my lawyer have done following completion?
Following your disposal your conveyancer should forward the transfer documentation and all supplemental paperwork to the purchaser's lawyers. Where appropriate, your lawyer must also send confirmation that the home loan has been paid off to the buyers conveyancers. There is unlikely to be post completion formalities unique to conveyancing in Budleigh Salterton.
Will commercial conveyancing searches disclose proposed roadworks that could impact a commercial land in Budleigh Salterton?
Many commercial conveyancing solicitors in Budleigh Salterton will perform a SiteSolutions Highways report as it reduces the time that conveyancers invest in looking into accurate data on highways that impact buildings and development assets in Budleigh Salterton. The report provides definitive information on the adoption status of roads, footpaths and verges, as well as the implication of traffic schemes and the rights of way surrounding a commercial development sites in Budleigh Salterton.
For every commercial conveyancing transaction in Budleigh Salterton it is crucial to investigate the adoption status of roads surrounding a site. The absence of identifying developments where adoption procedures have not been addressed adequately could result in delays to Budleigh Salterton commercial conveyancing deals as well as pose a risk to future plans for the site. These searches are not carried out for residential conveyancing in Budleigh Salterton.
five months have elapsed following my purchase conveyancing in Budleigh Salterton completed. I have checked the Land Registry website which shows that I paid £175,000 when infact I paid £170,000. 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 leasehold apartment up to £245,000 and found one near me in Budleigh Salterton I like with amenity areas and railway links nearby, however it only has 49 remaining years left on the lease. There is not much else in Budleigh Salterton suitable, so just wondered if I would be making a grave error purchasing a short lease?
If you require a mortgage the shortness of the lease may be a potential deal breaker. Discount the price by the amount the lease extension will cost if it has not already been discounted. If the existing proprietor has owned the property for at least 2 years you could request that they commence the lease extension formalities and pass it to you. An additional ninety years can be extended on to the current lease term and have £0 ground rent by law. You should consult your conveyancing solicitor concerning this.