Do the conveyancing lawyers that you recommend carry out attended exchange conveyancing in Mayfield?
We do have a number of conveyancing experts who can conduct 24hr exchanges. You should e-mail us to obtain a costs illustration and details as to dates.
4 months have gone by since my purchase conveyancing in Mayfield concluded. I have checked the Land Registry site which shows that I paid £175,000 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.
How does conveyancing in Mayfield differ for new build properties?
Most buyers of new build residence in Mayfield come to us having been asked by the developer to sign contracts and commit to the purchase even before the residence is constructed. This is because developers in Mayfield typically 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 conveyancers 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 used to new build conveyancing in Mayfield or who has acted in the same development.
I have been on the look out for a ground for flat up to £195,000 and found one close by in Mayfield I like with a park and station nearby, however it's only got 49 years on the lease. I can't really find anything else in Mayfield suitable, so just wondered if I would be making a mistake purchasing a short lease?
If you require a home loan the remaining unexpired lease term may be problematic. Discount the price by the expected lease extension will cost if it has not already been discounted. If the existing proprietor has owned the premises for a minimum of twenty four months you may ask them to commence the lease extension formalities and then assign it to you. You can add 90 years to the current lease and have £0 ground rent by law. You should consult your conveyancing lawyer regarding this.
I am looking for a conveyancing practitioner in Mayfield for my sale. Can I see a firm’s record with the legal regulator?
One can read documented Solicitor Regulator Association (SRA) decisions arising from inquisitions from 2008 onwards. Visit Check a solicitor's record. To find records Pre 2008, or to check a solicitors history, call 0870 606 2555, 08.00 - 18.00 any week day save for Tuesday when lines open at 9.30am. For callers outside the UK, dial +44 (0)121 329 6800. The SRA could recorded telephone calls for training purposes.