My wife and I are selling our home in Leconfield and the buyers lawyers are claiming that there is a risk of it being built land that was not decontaminated. Any high street Leconfield conveyancer would know this is not the case. For the life of me I don't know why the purchasers instructed a national conveyancing firm as opposed to a conveyancing solicitor in Leconfield. We have lived in Leconfield for 5 years we know of no issue. Is it a good idea to get in touch with our local Authority to obtain confirmation need.
It sounds as though you may have a conveyancing solicitor currently acting for you. Are they able to advise? You must check with your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out life insurance to cover that same illness)
It has been 2 months following my purchase conveyancing in Leconfield completed. I have checked the Land Registry website which shows that I paid £175,000 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 property 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 Leconfield differ for new build properties?
Most buyers of new build residence in Leconfield approach us having been asked by the builder to exchange contracts and commit to the purchase even before the residence is built. This is because developers in Leconfield usually buy 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 property lawyers 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 Leconfield or who has acted in the same development.
We're FTB’s - had an offer accepted, but the selling agent has warned us that the owners will only issue a contract if we appoint the agent's preferred solicitors as they need an ‘expedited deal’. Our preferred option is to instruct a family conveyancer used to conveyancing in Leconfield
We suspect that the owner is unaware of this demand. Should the vendor want ‘a quick sale', taking such a hostile approach to a serious buyer is going to damage their objectives. Avoid the agents and go straight to the owners and make the point that (a)you are keen to buy (b)you are excited to move forward, with mortgage lined up © you are chain free (d) you intend to proceed fast (e)but you intend to instruct your preferred Leconfield conveyancing solicitors - not the ones that will give their negotiator at the agency a referral fee or achieve conveyancing targets set by corporate headquarters.
I have just started marketing my basement flat in Leconfield. Conveyancing is yet to be initiated, but I have just received a quarterly service charge demand – should I leave it to the buyer to sort out?
The sensible thing to do is pay the maintenance contribution as normal because all ground rent and service payments should be allotted on completion, so you should recover the relevant percentage by the purchaser for the period running from after the completion date to the next payment date. Most management companies will not acknowledge the buyer unless the service charges have been paid and are up to date, so it is important for both buyer and seller for the seller to show that they are up to date. Having a clear account will assist your cause and will leave you no worse off financially.
Leconfield Conveyancing for Leasehold Flats - Examples of Questions you should consider before buying
How much is the yearly service fee and ground rent? How many of the leaseholders are in arrears for their maintenance charge payments? The majority of Leconfield leasehold properties will be liable to pay a service charge for the upkeep of the block set on behalf of the landlord. Should you buy the property you will have to meet this contribution, usually quarterly accross the year. This could differ from a couple of hundred pounds to thousands of pounds for blocks with lifts and large communal grounds. In all probability there will be a rentcharge for you to pay annual, ordinarily this is not a large sum, say around £50-£100 but you need to enquire it because occasionally it could be many hundreds of pounds.