Can you explain why leasehold purchase conveyancing in Eel Pie Island costs more?

Eel Pie Island leasehold properties involve far more paperwork than a freehold purchase, and therefore takes more time to examine and advise upon.Conveyancing will involve the lease having to be checked which is usually a lengthy document, queries raised to ensure that the covenants and conditions have been observed. If it is a flat there will be a management company in existence and the accounts of this will need to be checked and enquiries raised to ensure it is operating efficiently and that all monies due have been paid by the Seller to the company and if not ensuring that money is paid up to date or the appropriate undertakings obtained.

I am buying a house and the solicitor has mentioned Chancel Repair to which the property could be obligated to contribute to given it’s proximity to the area of such a church. He has mentioned insurance. Is this strictly warranted for conveyancing in Eel Pie Island

Unless a previous acquisition of the premises took place after 12 October 2013 you may assume that lawyers conducting conveyancing in Eel Pie Island to remain encouraging a chancel search and or insurance against a claim.

four months have elapsed following my purchase conveyancing in Eel Pie Island completed. I have checked the Land Registry website which shows that I paid £200,000 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 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.

Just had an offer accepted on a new build apartment in Eel Pie Island. Conveyancing is a frightening process at the best of times but I have never purchased a new build flat before. What sort of enquires would be asked in new build legal work.

Here are examples of a selection of leasehold new build questions that you may expect your new-build leasehold conveyancing in Eel Pie Island

Forfeiture - bankruptcy or liquidation must not apply under this provision. Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose? There must be mutual enforceability of lessee’s covenants. Investor purchasers must be able to freely grant unsecured tenancies at market rents without requiring any consents. Please confirm the Lease plans are surveyor prepared.

Should I go with a Eel Pie Island conveyancing practitioner based in the area that I am purchasing? I have an old university friend who can carry out the conveyancing however his firm is located approximately 350miles drive away.

The benefit of a high street Eel Pie Island conveyancing practice is that you can pop in to sign paperwork, present your ID and pester them if necessary. They will also have local knowledge which is a benefit. That being said it's more important to get someone that will do a good and efficient job. If other friends have used your friend and the majority were content that must outweigh using an unfamiliar Eel Pie Island conveyancing solicitor solely due to them being round the corner.