It is is a decade since I bought my house in Magor. Conveyancing lawyers have recently been instructed on the sale but I can't find my deeds. Is this a major issue?
You need not be too concerned. First there is a possibility that the deeds will be kept by the mortgage company or they may be in the possession of the conveyancers who acted in your purchase. Secondly in most cases the land will be recorded at the land registry and you will be able to prove you own the property by your conveyancing lawyers obtaining current official copies of the land registers. The vast majority of conveyancing in Magor relates to registered property but in the unlikely event that your property is unregistered it is more problematic but is resolvable.
A friend advised me that where I am buying in Magor I should carry out a Neighbourhood, Planning and Local Amenity Search. Can you explain what the purpose of this search is?
A search of this type is sometimes quoted for as part of the standard Magor conveyancing searches. It is not a small document of about 40 pages, listing and detailing important information about Magor around the property and the people living there. It includes an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the Magor Housing Market, Council Tax Banding, the demographics of People living in the area, the dominant type of Housing, the Average House Prices, Crime statistics, Local Education with maps and statistics, Local Amenities and other useful information concerning Magor.
It has been 2 months following my purchase conveyancing in Magor took place. I have checked the Land Registry site 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 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.
Just had an offer accepted on a new build flat in Magor. Conveyancing is necessary evil at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build conveyancing.
Set out below is a sample of a few leasehold new build enquiries that you can expect your new-build leasehold conveyancing in Magor
Please confirm the Lease plans are surveyor prepared. Investor purchasers must be able to freely grant unsecured tenancies at market rents without requiring any consents. Please provide evidence that the form of Lease proposed has been approved by the Land Registry. Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose? Where service of notices and proceedings can be at the property demised please confirm that this can be amended to include simultaneous services at the Lessees’ solicitors’ offices where the Lessee from time to time is not resident in the UK - such solicitors may be varied by notice in writing to the Landlord from time to time but otherwise will be as previously specified.
My business partner and I are wishing to take over a lease of an office on the high street. Can you recommend conveyancers offering competitive charges for commercial conveyancing in Magor for under 1500k?
We can recommend firms who have an in-depth of experience of commercial conveyancing in Magor, including the disposal and acquisition of businesses as well as simply premises. If you are looking to acquire or dispose of a shop, pub, restaurant, office, retail premises or a complete business we will find you the right lawyer. Regarding the fees this will depend on the structure and terms of the deal. Please provide us with your details or telephone us so that we can supply you with a fixed commercial conveyancing quote.