Souldusing a Kingswood conveyancing firm make my purchase more efficient?

In the main conveyancing practitioners in your location will enjoy strong relationships with your local authority, which could help with your Kingswood conveyancing searches that your lawyer will require. It can only be a plus if they have existing connections with the Local Land Registry Office your area Kingswood, other lawyers in the area and Kingswood selling agents.

I am assisting my aunt sell her flat in Kingswood. Will the solicitor order the energy performance certificate or should I organise this?

Following the abolition of HIPs, EPC’s was left as a compulsory component of selling a property. An EPC must be to hand in advance of the property being advertised. This is not something that conveyancers ordinarily organise. Where you are using a Kingswood conveyancing lawyer they might help arrange energy assessments due to their relationships with reputable Kingswood energy assessors

I can not fathom if my lender obliges me to make sure the lease term for the flat is extended prior to the completion date. I have called into my local Kingswood bank branch on numerous occasions and was informed it wasn't a problem and they will lend. My Kingswood conveyancing solicitor - who is on the mortgage company conveyancing panel- called and was told they refuse to lend based on their specific requirements. Who do I believe?

Your conveyancing practitioner has to follow the CML Handbook section two conditions for your bank. Unless your lawyer obtains specific confirmation in writing that the mortgage company will go ahead, your lawyer has no choice but to refrain from exchanging contract and committing you to the purchase. We would suggest that you ask the mortgage company to contact your lawyer in writing confirming that they will accept the number of years left on the lease.

Kent Reliance have agreed my home loan in principle, my bid on a flat in Kingswood has been agreed to, what are the next steps?

Your estate agent will wish to know who your solicitors are (ensure that the solicitors are on the bank’s panel). Contact Kent Reliance or your financial adviser and complete any relevant documentation. Kent Reliance will instruct a valuer who will get in contact with the estate agent or seller to arrange a time for the valuation to take place. Once carried out (assuming no problems) it takes approximately ten days to get a mortgage offer. Kent Reliance will send the offer to you and your lawyers. The transaction will then take it’s course according the nature and complexity of the conveyancing in Kingswood.

Should commercial conveyancing searches reveal proposed roadworks that may impact a commercial estate in Kingswood?

Its becoming the norm that commercial conveyancing solicitors in Kingswood will conduct a SiteSolutions Highways report as it dramatically cuts the time that conveyancers spend in looking into accurate data on highways that impact buildings and development assets in Kingswood. The search result sets out definitive information on the adoption status of roads, footpaths and verges, as well as the implication of traffic schemes and the rights of way surrounding a commercial development sites in Kingswood.

For each commercial conveyancing transaction in Kingswood it is crucial to investigate the adoption status of roads surrounding a site. Failure to identify developments where adoption procedures have not been addressed adequately can cause delays to Kingswood commercial conveyancing deals as well as present a risk to future intentions for the site. These searches are not conducted for residential conveyancing in Kingswood.

4 months have elapsed since my purchase conveyancing in Kingswood completed. I have checked the Land Registry site which shows that I paid £200,000 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 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.

I have been on the look out for a flat up to £245,000 and found one near me in Kingswood I like with amenity areas and transport links nearby, however it only has 51 years unexpired on the lease. I can't really find anything else in Kingswood in this price bracket, so just wondered if I would be making a mistake buying a short lease?

Should you require a home loan that many years will likely be a potential deal breaker. Reduce the offer by the amount the lease extension will cost if it has not already been discounted. If the existing proprietor has owned the premises for at least 2 years you could request that they start the process of the extension and pass it to you. An additional ninety years can be extended on to the current lease term with a zero ground rent applied. You should speak to your conveyancing lawyer concerning this.