My wife and I are soon to exchange buying a property in Osidge but as a consequence of damage from the recent storms I have managed to agree compensation from the owner in the sum of £3k taking the form of a deduction in the price. This was going to be dealt with as part of the conveyancing process however RBS will not agree to this. Why were they approached?
The conveyancer being on the RBS conveyancing panel is obliged to inform RBS of any variations to the purchase price. If you were to refuse your property lawyer to notify the reduction to RBS then they would have to discontinue acting for you. In addition, RBS and you would have to appoint a new solicitor for your conveyancing in Osidge.
It is a dozen years since I purchased my home in Osidge. Conveyancing solicitors have now been retained on the sale but I can't locate my title documents. Is this a major issue?
You need not be too concerned. First there is a chance that the deeds will be with your mortgage company or they may still be with the conveyancers who handled the purchase. Secondly the chances are that the property will be registered at the land registry and you will be able to establish that you are the registered owner by your conveyancing solicitors procuring current official copies of the land registers. Nearly all conveyancing in Osidge involves registered property but in the rare situation where your home is unregistered it is more tricky but is not insurmountable.
Should commercial conveyancing searches disclose proposed roadworks that may impact a commercial site in Osidge?
Many commercial conveyancing solicitors in Osidge will order a SiteSolutions Highways report as it reduces the time that conveyancers invest in sourcing accurate data on highways that impact buildings and development assets in Osidge. The report provides definitive information on the adoption status of roads, footpaths and verges, as well as the implication of traffic schemes and the rights of way surrounding a commercial development sites in Osidge.
For each commercial conveyancing transaction in Osidge it is crucial to investigate the adoption status of roads surrounding a site. The absence of identifying developments where adoption procedures have not been addressed adequately can result in delays to Osidge commercial conveyancing transactions as well as present a risk to future intentions for the site. These searches are not carried out for residential conveyancing in Osidge.
five months have gone by following my purchase conveyancing in Osidge completed. I have checked the Land Registry website which shows that I paid £200,000 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.
My company is hoping to take an assignment of a lease of a shop on a shopping parade. Can you recommend lawyers offering competitive costs for non-domestic conveyancing in Osidge for less than 2k?
We are happy to recommend firms who have well rounded knowledge of commercial conveyancing in Osidge, including the sale and acquisition of businesses as well as simply property. If you are looking to purchase or dispose of a shop, pub, restaurant, office, retail premises or a whole business we will find you the right solicitor. As for the costs this will depend on the structure and heads of terms of the proposed transaction. Let us have your details or phone us so that we may supply you with comprehensive commercial conveyancing quote.