I am need of leasehold conveyancing for an apartment in a relatively new development (seven years built) in Shipston on Stour. The vast majority the flats have already been sold. Do I need carry out the neighbourhood searches for my conveyancing in Shipston on Stour?
You would be putting yourself at risk in not carrying out Shipston on Stour conveyancing searches. Without searches you have no clarity over flooding, environmental etc which may mean you walk away due to potential problems down the line. If you are buying without a mortgage there is no legal requirement to have them, but we would strongly advise in the strongest possible terms that you have them. If timings and price are primary concerns you should discuss with your conveyancer about the options such as lack of search insurance available to you
four months have elapsed following my purchase conveyancing in Shipston on Stour completed. I have checked the Land Registry website which shows that I paid £175,000 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 premises 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.
How does conveyancing in Shipston on Stour differ for new build properties?
Most buyers of new build premises in Shipston on Stour contact us having been asked by the seller to exchange contracts and commit to the purchase even before the residence is completed. This is because builders in Shipston on Stour usually purchase the site, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct conveyancing solicitors as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are used to new build conveyancing in Shipston on Stour or who has acted in the same development.
In what way does the Landlord & Tenant Act 1954 impact my business property in Shipston on Stour and how can you help?
The 1954 Act affords security of tenure to commercial tenants, giving them the right to make a request to court for a continuation of occupancy when the lease comes to an end. There are certain specified grounds that a landlord can refrain from granting a lease renewal and the rules are complex. We are happy to direct you to commercial conveyancing practices who use the act to your advantage and handle your commercial conveyancing in Shipston on Stour
My father-in-law has suggested that I instruct his conveyancing solicitors in Shipston on Stour. Should I use them?
No doubt it’s preferable to choose a conveyancing practitioner is to get recommendations from friends or relatives who have actually used the solicitor that you are are thinking of instructing.