It has been five months since my purchase conveyancing in Elephant and Castle took place. I have checked the Land Registry website which shows that I paid £150,000 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 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.
How does conveyancing in Elephant and Castle differ for newly converted properties?
Most buyers of new build or newly converted property in Elephant and Castle contact us having been asked by the builder to sign contracts and commit to the purchase even before the premises is built. This is because developers in Elephant and Castle tend to acquire the real estate, 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 conveyancing solicitors 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 accustomed to new build conveyancing in Elephant and Castle or who has acted in the same development.
I am looking to sell my home. My former solicitors has retired. I am in need of a recommendation of a conveyancing firm. I happen to live in Elephant and Castle if that makes a difference.
Please use our search tool to help you find a solicitor for your conveyancing in Elephant and Castle. We have connected thousands of home buyers and sellers with regulated solicitors to ensure that the legalities of their house move runs smoothly.
In my capacity as executor for the will of my father I am disposing of a residence in Monmouth but reside in Elephant and Castle. My conveyancer (who is 260 kilometers from meneeds me to sign a statutory declaration before completion. Can you recommend a conveyancing solicitor in Elephant and Castle to witness and place their company stamp on the document?
Technically speaking you should not be required to have the documents attested by a conveyancing solicitor. Normally or notary public or qualified solicitor will suffice regardless of whether they are Elephant and Castle based
I've found a house that seems to tick a lot of boxes, at a great figure which is making it all the more appealing. I have just found out that it's a leasehold as opposed to freehold. I am assuming that there are particular concerns buying a leasehold house in Elephant and Castle. Conveyancing advisers have not yet been appointed. Will my lawyers set out the implications of buying a leasehold house in Elephant and Castle ?
Most houses in Elephant and Castle are freehold rather than leasehold. In this scenario it’s worth having a local solicitor who is familiar with the area who can help the conveyancing process. it is apparent that you are buying in Elephant and Castle so you should seriously consider looking for a Elephant and Castle conveyancing solicitor and be sure that they have experience in transacting on leasehold houses. As a matter of priority you will need to check the unexpired lease term. Being a leaseholder you will not be entirely free to do whatever you want with the house. The lease will likely included provisions such as obtaining the landlord’spermission to carry out changes to the property. You may also be required to pay a contribution towards the upkeep of the estate where the property is located on an estate. Your lawyer should report to you on the legal implications.
Following months of dialogue we are unable to agree with our landlord on how much the lease extension should cost for our flat in Elephant and Castle. Does the Leasehold Valuation Tribunal have jurisdiction to calculate the appropriate figures?
Most definitely. We are happy to put you in touch with a Elephant and Castle conveyancing firm who can help.
An example of a Lease Extension case for a Elephant and Castle premises is Ground Floor Flat 39 Bronsart Road in May 2010. Following a vesting order by West London County Court the Leasehold Valuation Tribunal concluded that the price to be paid for the extended lease of the premises was Thirteen Thousand Two hundred pounds (£13,200) in accordance with the valuation. The extended lease was granted for a term of 90 years from the expiry date of the Lease and at a peppercorn ground rent from the date of the vesting order. This case was in relation to 1 flat. The unexpired term as at the valuation date was 74.77 years.