Having sold my house in Caerwys last July yet the purchaser is e-mailing me complaining that their lawyer needs to hear from mysolicitor. What should my lawyer have done following completion?
Following your sale your solicitor is committed to forward the transfer deeds and all supplemental paperwork to the purchaser's lawyers. If applicable, your lawyer should also confirm that the mortgage has been discharged to the purchasers solicitors. There are no post completion steps specific conveyancing in Caerwys.
We are close to exchanging contracts on the sale of our home in Caerwys and according to the buyers it appears that there is a possibility that the property was built on contaminated land. Any high street Caerwys conveyancer would know that there is no such problem. It does beg the question why the buyers are using a national conveyancing outfit as opposed to a conveyancing solicitor in Caerwys. Having lived in Caerwys for 4 years we know of no issue. Is it a good idea to get in touch with our local Authority to obtain confirmation need.
It would appear that you have a conveyancing firm already. What do they say? You must check with your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out health insurance to cover that same illness)
3 months have gone by following my purchase conveyancing in Caerwys took place. I have checked the Land Registry site 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 asset 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 Caerwys differ for new build properties?
Most buyers of new build property in Caerwys approach us having been asked by the housebuilder to exchange contracts and commit to the purchase even before the residence is completed. This is because new home sellers in Caerwys typically buy the land, 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 Caerwys or who has acted in the same development.
I am looking for a ground for flat up to £245,000 and identified one round the corner in Caerwys I like with a park and railway links nearby, the downside is that it's only got 51 years on the lease. There is not much else in Caerwys suitable, so just wondered if I would be making a mistake purchasing a lease with such few years left?
Should you require a mortgage the shortness of the lease will be a potential deal breaker. Reduce the price by the amount the lease extension will cost if it has not already been discounted. If the existing owner has owned the property for a minimum of 2 years you could ask them to commence the lease extension formalities and pass it to you. An additional ninety years can be extended on to the existing lease term with a zero ground rent applied. You should consult your conveyancing solicitor regarding this.