Me and my partner are due to exchange on the purchase of a house in Northam but as a consequence of wreckage from the recent storms I have was able negotiate recompense from the vendor of three thousand pounds taking the form of a deduction in the price. I had intended this to be dealt with as part of amending the contract however Coventry BS are not allowing this. Should they have been informed?
Any property lawyer being on a Coventry BS conveyancing panel is obliged to advise Coventry BS of any amendments to the purchase price. If you prohibit your lawyer to disclose the reduction to Coventry BS then they would have to discontinue acting for you. In addition, Coventry BS and you would have to appoint a new property lawyer for your conveyancing in Northam.
The deeds to our house can not be found. The conveyancers who handled the conveyancing in Northam 5 years ago have long since closed. What are my next steps?
You no longer need to hold title official documentation to establish that you are the registered proprietor of land or property, given that the Land Registry have everything they need in a digital format.
How does conveyancing in Northam differ for new build properties?
Most buyers of new build premises in Northam contact us having been asked by the housebuilder to sign contracts and commit to the purchase even before the residence is finished. This is because new home sellers in Northam typically buy the site, 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 used to new build conveyancing in Northam or who has acted in the same development.
What does commercial conveyancing in Northam cover?
Northam conveyancing for business premises incorporates a wide range of services, supplied by regulated solicitors, relating to business premises. By way of example, this type of conveyancing can cover the sale or purchase of freehold business premises or, more usually, the transfer of existing business tenancies 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 tenancies.
I’m about to sell my ground floor apartment in Northam.Conveyancing lawyers have not yet been instructed but I have recently had a yearly service charge invoice – should I leave it to the buyer to sort out?
Your conveyancing lawyer is likely to suggest that you should clear the service charge as you normally would given that all ground rent and maintenance charges should be allottedon completion, so you should recover the relevant percentage by the buyer 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. This will smooth the conveyancing process