Why is leasehold purchase conveyancing in Fenny Stratford is more expensive?
In short, leasehold conveyancing in Fenny Stratford and elsewhere usually involve more work compared to freehold conveyancing. This includes reviewing the lease, corresponding with the landlord concerning the service of appropriate notices, procuring up-to-date service charge and management information, procuring the landlord’s consents and reviewing management accounts. The obligations on both the landlord and the tenant in the lease need to be studied by the buyer’s conveyancing team and read from beginning to end – regardless of the fact the lease has passed through many different property solicitors hands since it was first granted.
I am helping my step-mother sell her property in Fenny Stratford. Will the solicitor arrange an energy assessment or do I organise this?
After the demise of HIPs, EPC’s became a required part of selling a house. An energy assessment needs to be to hand in advance of the property being advertised. It is not a task that solicitors ordinarily arrange. If you are instructing a Fenny Stratford conveyancing lawyer they might help arrange energy performance certificates due to their relationships with long established Fenny Stratford accredited person
Can I be sure that the Fenny Stratford conveyancing solicitor on the Nottingham panel is any good?
When it comes to conveyancing in Fenny Stratford getting recommendations is a good starting point. Before you go ahead, check if they offer a no sale no fee offer. Also, you often get what you pay for - a firm which quotes more, will often provide a better service than one advertising the lowest fees. We would always advise that you speak with the lawyer handling your transaction.
My husband and I are in the process of looking at apartments in Fenny Stratford and I am now considering a potential offer. Should I already have a lawyer in place at this stage? I am planning to take a mortgage with Virgin Money.
It would be sensible to commence your search sooner rather than later. Once you decide who you want to use and once your offer is accepted you can instruct them to work for you and pass their details on to the estate agent. As you are obtaining a mortgage with Virgin Money, ask your prospective lawyers if they are on the Virgin Money conveyancing panel otherwise they can't do the mortgage legal work.
It has been 4 months following my purchase conveyancing in Fenny Stratford 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 residence 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 decided to have a survey done on a property in Fenny Stratford prior to appointing solicitors. I have been advised that there is a flying freehold aspect to the property. My surveyor advised that some mortgage companies may refuse to grant a loan on such a house.
It varies from the lender to lender. HSBC has different instructions from Birmingham Midshires. Should you wish to telephone us we can check via the appropriate bank. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Fenny Stratford. Conveyancing will be smoother if you use a solicitor in Fenny Stratford especially if they are accustomed to such properties in Fenny Stratford.
My father-in-law has suggested that I appoint his conveyancing solicitors in Fenny Stratford. Should I use them?
There are no two ways about it the ideal way to find a conveyancing solicitor is to get guidance from friends or relatives who have actually experience in using the conveyancer you're considering.