It has been 3 months following my purchase conveyancing in Rayners Lane concluded. I have checked the Land Registry site which shows that I paid £150,000 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.
I've recently found out that there is a flying freehold issue on a house I put an offer in last month in what was supposed to be a straight forward, no chain conveyancing. Rayners Lane is the location of the property. Can you shed any light on this issue?
Flying freeholds in Rayners Lane are not the norm but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Rayners Lane you would need to get your solicitor to go through the deeds very carefully. Your lender may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Rayners Lane may determine that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold residence.
I am selling my house. My previous lawyers closed down. I would be grateful for any recommendation of a conveyancing firm. I happen to live in Rayners Lane if that affects matters.
Please use our search tool to help you choose a solicitor for your conveyancing in Rayners Lane. We have connected thousands of home buyers and sellers with lender approved solicitors to ensure that the legalities of their house move runs smoothly.
Am I best advised to use a Rayners Lane conveyancing lawyer based in the location that I am purchasing? An old friend can carry out the legal work but they are based 400miles away.
The benefit of a high street Rayners Lane conveyancing firm is that you can drop in to execute paperwork, present your identification documents and pester them where appropriate. Having local Rayners Lane know how is a benefit. However it's more important to get someone that will do a good and efficient job. If if people you trust instructed your friend and the majority were content that must outweigh using an unfamiliar Rayners Lane conveyancing solicitor just because they are Rayners Lane based.
Our conveyancing in Rayners Lane is completing next Friday, but the owners I am buying from has asked to vacate on the Saturday afternoon. Can I agree to this?
Where you require a loan then your property lawyer will insist that the premises arevacant on Friday - the lending institution will require it.