Various web forums that I have come across warn that are the main cause of delay in Shepherd's Bush house deals. Is there any truth in this?
The Council of Property Search Organisations (CoPSO) released determinations of a review by MoveWithUs that conveyancing searches do not figure within the top 10 causes of hindrances in the conveyancing process. Searches are not likely to be the root cause of delay in conveyancing in Shepherd's Bush.
It has been five months following my purchase conveyancing in Shepherd's Bush completed. I have checked the Land Registry site which shows that I paid £175,000 when infact I paid £170,000. 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 asset 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 looking for a ground for flat up to £305k and found one close by in Shepherd's Bush I like with a park and station nearby, however it only has 51 years on the lease. I can't really find anything else in Shepherd's Bush for this price, so just wondered if I would be making a mistake buying a lease with such few years left?
Should you need a home loan that many years may be an issue. Discount the offer by the amount the lease extension will cost if it has not already been discounted. If the current owner has owned the premises for at least 2 years you may ask them to start the process of the extension and then assign it to you. You can add 90 years to the existing lease term with a zero ground rent applied. You should consult your conveyancing solicitor about this matter.
I am thinking of appointing a conveyancing practitioner in Shepherd's Bush for my home move. Can I see a solicitor's record with the profession’s regulator?
Members of the public can see published Solicitor Regulator Association (SRA) determinations arising from inquisitions from 2008 onwards. Go to Check a solicitor's record. For records about the period before 1 January 2008, or to check a solicitors record, phone 0870 606 2555, 08.00 - 18.00 any week day save for Tuesday when lines open at 9.30am. International callers, call +44 (0)121 329 6800. The regulator sometimes recorded call for training reasons.
Builders have suggested I use a conveyancer and I've sought an estimate from them. It's nearly £400 less expensive than my own Shepherd's Bush property lawyer. What's the catch?
Housebuilders often have lists of solicitors who expedite matters and who know the seller’s paperwork and property lawyer. Plenty of developers offer an incentive to choose a preferred property lawyer for this reason, any increased charges can be avoided and a builder won't suggest a conveyancing factory and run the risk of having the conveyancing delayed when they need an exchange within a tight deadline. The argument for not opting for the recommended lawyer is that they may be unwilling to 'push' your interests at the risk of alienating the housebuilder. Where you have concerns that this may be the situation you should keep with your high street Shepherd's Bush conveyancing practitioner.