What does a local search tell me concerning the house my wife and I purchasing in Datchet and Langley?
Datchet and Langley conveyancing often starts with the submitting local authority searches directly from your local Authority or via a personal search company for instance Xpress Legal The local search plays an important part in most Datchet and Langley conveyancing purchase; as long as you wish to avoid any unpleasant surprises after you move into your new home. The search will supply data on, amongst other things, details on planning applications relevant to the property (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 13 topic sections.
three months have gone by following my purchase conveyancing in Datchet and Langley completed. I have checked the Land Registry website which shows that I paid £150,000 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 property 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'm buying a new build house in Datchet and Langley with a mortgage from TSB. The sellers would not reduce the amount so I negotiated £7000 of fixtures and fittings instead. The estate agent told me not reveal to my solicitor about this side-deal as it may put at risk my loan with the lender. Do I keep my lawyer in the dark?.
All lenders require a Disclosure of Incentives Form from the builder of any new build, converted or renovated property, It is available online from the Lenders’ Handbook page on the CML website. CML form is completed and handed to the lender's surveyor when the inspection is done.
Lenders have different policies on incentives. Some accept none at all, cash or physical, while others will accept cash incentives up to 5%.
Hard to understand why the representative of a builder would be suggesting you withold information from a solicitor when all this will be clearly visible on forms the builder has to supply to its solicitor, the buyer's solicitor and the surveyor.
I decided to have a survey done on a property in Datchet and Langley in advance of retaining solicitors. I have been told that there is a flying freehold aspect to the property. Our surveyor advised that some lenders tend not issue a loan on this type of premises.
It depends who your proposed lender is. Bank of Scotland has different requirements from Halifax. Should you wish to call us we can look into this further via the relevant mortgage company. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Datchet and Langley. Conveyancing will be smoother if you use a solicitor in Datchet and Langley especially if they are familiar with such properties in Datchet and Langley.
Can you offer any advice when it comes to appointing a Datchet and Langley conveyancing firm to deal with our lease extension?
If you are instructing a conveyancer for your lease extension (regardless if they are a Datchet and Langley conveyancing practice) it is imperative that they be familiar with the legislation and specialises in this area of conveyancing. We recommend that you make enquires with two or three firms including non Datchet and Langley conveyancing practices before you instructing a firm. If the firm is ALEP accredited then that’s a bonus. The following questions might be useful:
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If the firm is not ALEP accredited then what is the reason? Can they put you in touch with clients in Datchet and Langley who can give a testimonial?
I inherited a ground-floor 1950’s flat in Datchet and Langley. Given that I can not reach agreement with the freeholder, can the Leasehold valuation Tribunal determine the amount due for a lease extension?
You certainly can. We are happy to put you in touch with a Datchet and Langley conveyancing firm who can help.
An example of a Freehold Enfranchisement matter before the tribunal for a Datchet and Langley premises is 164 Nestles Avenue in October 2013. The tribunal agreed with the proposed price of £20,158 for the freehold and determined that that sum is the amount to be paid into court This case related to 2 flats. The number of years remaining on the existing lease(s) was 69 years.