Finally the sale completed on my house in Perton last April but our buyer keeps calling daily complaining that his solicitor is waiting to hear from myconveyancer. What should have happened now that I have sold?
Following your sale your lawyer should deliver the transfer documentation and all additional paperwork to the buyer’s conveyancer. Depending on the transaction, your conveyancer should also confirm that the legal charge in favour of the lender has been paid off to the buyers solicitors. There are no post completion requirements unique to conveyancing in Perton.
It has been four months since my purchase conveyancing in Perton took place. I have checked the Land Registry website which shows that I paid £200,000 when infact I paid £180,000. 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 am buying my first flat in Perton with a loan from Aldermore. The builders refused to move on the amount so I negotiated 6k of additionals instead. The sale representative told me not disclose to my conveyancer about this extras as it may adversely affect my loan with the lender. Should I keep quiet?.
All lenders require a Disclosure of Incentives Form from the developer of any new build, converted or renovated property, It is available online from the Lenders’ Handbook page on the CML website. CML form is completed and handed to the lender's surveyor when the inspection is done.
Lenders have different policies on incentives. Some accept none at all, cash or physical, while others will accept cash incentives up to 5%.
Hard to understand why the representative of a builder would be suggesting you withold information from a solicitor when all this will be clearly visible on forms the builder has to supply to its solicitor, the buyer's solicitor and the surveyor.
We're first time buyers - had an offer accepted, but the property agent advised that the seller will only issue a contract if we instruct their preferred lawyers as they need a ‘quick sale’. Our preferred option is to instruct a local conveyancer used to conveyancing in Perton
We suspect that the seller is not behind this ultimatum. Should the seller desire ‘a quick sale', taking such a hostile approach to a motivated purchaser is counter productive. Avoid the agents and go straight to the sellers and explain that (a)you are keen to buy (b)you are ready to go, with finances arranged © you do not need to sell (d) you intend to proceed fast (e)but you will continue to instruct your preferred Perton conveyancing firm - not the ones that will provide their negotiator at the agency a commission or achieve conveyancing thresholds pre-set by HQ.
I have recently realised that I have Sixty One years remaining on my lease in Perton. I now wish to get lease extension but my freeholder is can not be found. What are my options?
On the basis that you qualify, under the Leasehold Reform, Housing and Urban Development Act 1993 you can apply to the County Court for for permission to dispense with the service of the initial notice. This will enable the lease to be lengthened by the Court. However, you will be required to demonstrate that you or your lawyers have used your best endeavours to track down the lessor. On the whole an enquiry agent may be helpful to conduct investigations and to produce a report which can be used as evidence that the landlord is indeed missing. It is wise to seek advice from a conveyancer in relation to investigating the landlord’s disappearance and the vesting order request to the County Court overseeing Perton.
Leasehold Conveyancing in Perton - A selection of Questions you should consider Prior to Purchasing
For most Perton leaseholds the cost for major works are not included within service charges, although there some managing agents in Perton ask leaseholders to contribute towards a reserve fund and this is used to offset against major works. Best to be warned if a new roof is being put on or some other major work is due shortly that will be shared between the tenants and could well dramatically impact the level of the maintenance costs or require a one time payment. Are there any major works on the horizon that could add a premium to the service charges?