Do lawyers request an advanced payment when it comes to conveyancing in Chertsey?

Where you are retaining lawyers for conveyancing in Chertsey your solicitor will ask you to provide them with monies to cover the the cost of the conveyancing searches. Normally this is needed to cover the fees of the Local Authority Search. If any deposit is payable against the sale price then this will be required shortly in advance of contracts are exchanged. The closing balance that is due will be payable shortly before completion.

It has been 3 months since my purchase conveyancing in Chertsey took place. I have checked the Land Registry site which shows that I paid £200,000 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 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 am looking for a flat up to £195,000 and found one near me in Chertsey I like with a park and station in the vicinity, however it only has 49 years unexpired on the lease. There is not much else in Chertsey suitable, so just wondered if I would be making a mistake acquiring a lease with such few years left?

If you need a home loan the shortness of the lease may be problematic. Discount the offer by the anticipated lease extension will cost if it has not already been discounted. If the existing owner has owned the premises for a minimum of 2 years you can ask them to commence the lease extension formalities and pass it to you. An additional ninety years can be extended on to the current lease term with a zero ground rent applied. You should speak to your conveyancing solicitor regarding this.

I am 14 days into a leasehold purchase having been directed to a firm by the selling agent to do our conveyancing in Chertsey. I am am starting to be disappointed with the level of service. Could you help me find new conveyancers?

A lawyer would need to be very poor to suggest diss instructing them. Has the mortgage been sent? If so you must inform them of the new solicitor and get the mortgage documents are issued to the new lawyers. The conveyancer should be on the banks approved list to avoid added charges and complications. That should be your first question of the new lawyers. The find a solicitor tool should assist you in finding a bank approved lawyer for your conveyancing in Chertsey

Estate agents have just been given the go-ahead to market my garden flat in Chertsey. Conveyancing lawyers have not yet been instructed, but I have just had a yearly maintenance charge demand – what should I do?

Your conveyancing lawyer is likely to suggest that you should discharge the maintenance contribution as you normally would as all rents and maintenance invoices should be allotted as part of the financial calculations for completion monies, so you should recover the relevant percentage by the buyer for the period running from after the completion date to the next payment date. Most management companies 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. Having a clear account will assist your cause and will leave you no worse off financially.

After months of negotiations we are unable to agree with our landlord on how much the lease extension should cost for our flat in Chertsey. Can we issue an application to the Residential Property Tribunal Service?

in cases where there is a absentee landlord or if there is disagreement about what the lease extension should cost, under the Leasehold Reform, Housing and Urban Development Act 1993 you can apply to the Leasehold Valuation Tribunal to calculate the price payable.

An example of a Lease Extension matter before the tribunal for a Chertsey flat is 147 Redford Close in June 2012. The Tribunal determined the lease extension premium to be at £4,200 This case related to 1 flat. The remaining number of years on the lease was 82.93 years.