We are a couple about to exchange contracts for a ground floor flat in Halesowen. We have hit a problem. The mortgage offer with Halifax expires on 24/11/2021 but the vendors are putting forward a completion date of 26/11/2021. Is it possible to prolong the mortgage expiry date?
The best person to deal with your concern is your lawyer who is in a position to assess if they better off negotiating with the lender, vendor’s representatives, property agents or conceivably all three based on what has gone on in your transaction as of today.
I require fast conveyancing in Halesowen as I am faced with a deadline to sign on the dotted line within one month. Fortunately I do not require a mortgage. Can I avoid the conveyancing searches to save fees and time?
If.Given you are are a mortgage free purchaser you are at free not to do searches although no solicitor would recommend that you don't. Drawing on our experience of conveyancing in Halesowen the following are examples of issues that can show up and therefore affect market value: Refused Planning Applications, Overdue Charges, Outstanding Grants, Road Schemes,...
three months have gone by since my purchase conveyancing in Halesowen completed. I have checked the Land Registry site which shows that I paid £150,000 when infact I paid £180,000. 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 am a sole trader hoping to lease a unit on a shopping parade. Can you recommend lawyers offering no-sale-no charges for commercial conveyancing in Halesowen for below £2000?
We can recommend firms who have an in-depth of experience of commercial conveyancing in Halesowen, including the sale and purchase of businesses as well as simply premises. Whether you are intending to purchase or sell a shop, pub, restaurant, office, retail premises or a whole business we will find you the right lawyer. As for the charges these will vary based on the structure and terms of the deal. Please provide us with your details or phone so as to enable us to furnish you with a detailed commercial conveyancing calculation.
Due to exchange soon on a garden flat in Halesowen. Conveyancing solicitors assured me that they will have a report out to me on Monday. Are there areas in the report that I should be focusing on?
Your report on title for your leasehold conveyancing in Halesowen should include some of the following:
Information concerning the obligations as set out in the lease to to contribute towards maintenance costs - with regard to both the building, and the wider rights a lessee has if lease has a provision for a reserve fund? You should know whether the lease allows you to add or improve anything in the property- you should know whether any restrictions relates to all alterations or limited to structural alteration, and whether licences for alterations is required Rent payments - what is due and when you need to pay, and also know whether this is subject to change You should have a good understanding of the building insurance obligations
Halesowen Leasehold Conveyancing - Sample of Queries Prior to Purchasing
Best to be warned whether a new roof is being installed or some other major work is coming up that will be shared amongst the leasehold owners and could well materially impact the level of the maintenance charges or necessitate a one off payment. What prohibitions exist in the Halesowen Lease? Plenty Halesowen leasehold apartments will have a service charge for maintenance of the block levied by the freeholder. Should you acquire the property you will have to pay this amount, normally in instalments accross the year. This can vary from a couple of hundred pounds to thousands of pounds for large purpose-built buildings. In all probability there will be a rentcharge for you to pay annual, this is usually not a significant figure, say about £50-£100 but you need to enquire it because sometimes it can be many hundreds of pounds.