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Recently asked questions about conveyancing in North Cave

It has been 4 months since my purchase conveyancing in North Cave completed. I have checked the Land Registry website which shows that I paid £200,000 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.

I have been on the look out for a ground for flat up to £245,000 and identified one near me in North Cave I like with amenity areas and railway links in the vicinity, the downside is that it's only got 49 remaining years left on the lease. I can't really find anything else in North Cave suitable, so just wondered if I would be making a grave error purchasing a lease with such few years left?

Should you require a home loan the remaining unexpired lease term will be a potential deal breaker. Discount the offer by the expected lease extension will cost if it has not already been discounted. If the current owner has owned the premises for a minimum of twenty four months 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 existing lease term and have £0 ground rent by law. You should consult your conveyancing lawyer concerning this.

What does commercial conveyancing in North Cave cover?

Non domestic conveyancing in North Cave covers a wide range of services, provided by qualified solicitors, relating to business property. By way of example, this area of conveyancing can cover the sale or purchase of freehold business premises or, more commonly, the assignment of existing leases or the drafting of new leasing arrangements. Commercial conveyancing solicitors can also offer advice on the sale of business assets, commercial loans and the termination of leases.

Should I choose a North Cave conveyancing solicitor based in the area that I am hoping to buy? An old friend can carry out the legal formalities but her office is 300miles drive away.

The primary upside of using a local North Cave conveyancing firm is that you can visit the firm to sign documents, hand in your identification documents and pester them if necessary. They will also have local intelligence which is a plus. That being said it's more important to get someone that will pull out all the stops for you. If you know people who used your friend and in the main were content that must outweigh using an unknown North Cave conveyancing lawyer just because they are North Cave based.

My in 2005. He has been married, widowed and is now married again. He will be selling the apartment this May. I believe he will just be asked to supply copies of his marriage certificates to the solicitor but he is anxious it will frustrate the home move. Should he instruct a property lawyer to update the Land Registry details for the house?

It is not absolutely necessary to update the title for the property providing you have the evidence needed to demonstrate how the name change occurred.

The buyer’s property lawyer should review the land registry entries and ask for evidence to establish the name change for example marriage documentation.

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