Should conveyancers ask for money on account for conveyancing in Patcham?
If you are buying a property in Patcham your solicitor will ask you place them with funds to cover the the cost of the conveyancing searches. Ordinarily this is requested to cover the fees of the Local Authority Search. If any deposit is as part of the total price then this should be needed immediately before contracts are exchanged. The final balance that is due will be payable a few days prior to the day of completion.
I purchased a semi-detached Georgian property in Patcham. Conveyancing lawyer represented me and Barnsley Building Society. I happened to do a free search for it on the Land Registry database and I saw two entries: one for freehold, the second leasehold under the exact same address. Is it worth asking Barnsley Building Society to clarify?
You need to assess the Freehold register you have again and check the Charges Register as there may be mention of a lease. The best way to be sure that you are also the registered proprietor of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Patcham and other locations in the country and poses no real issues for owners other than when they sell they have to account for both freehold and leasehold interests when dealing with mortgage companies. You can also question the position with the conveyancing practitioner who conducted the conveyancing.
Over the last few months I have been searching for a leasehold apartment up to £245,000 and found one close by in Patcham I like with amenity areas and station nearby, the downside is that it only has 52 remaining years left on the lease. I can't really find anything else in Patcham for this price, 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 that many years may be problematic. Discount the price by the anticipated lease extension will cost if it has not already been discounted. If the current proprietor has owned the premises for at least 2 years you could ask them to start the process of the extension and then assign it to you. You can add 90 years to the current lease term with a zero ground rent applied. You should speak to your conveyancing lawyer regarding this.
Hoping to buy a property located in Patcham and I am already nervous. I couldn't find anything specific about Patcham. Conveyancing will be needed in due course but do you know about the Patcham area? or perhaps some other tips you can share?
Rather than looking online forget looking online you should go and have a look at Patcham. In the meantime here are some basic statistics that we found
My brother has suggested that I appoint his lawyers for conveyancing in Patcham. Do I take his guidance?
No doubt the best way to find a conveyancing solicitor is to get guidance from friends or family who have used the firm you're considering.