2 months have gone by since my purchase conveyancing in Sittingbourne concluded. I have checked the Land Registry website which shows that I paid £150,000 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 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 Sittingbourne differ for newly converted properties?
Most buyers of new build property in Sittingbourne come to us having been asked by the seller to exchange contracts and commit to the purchase even before the residence is completed. This is because new home sellers in Sittingbourne typically buy 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 Sittingbourne or who has acted in the same development.
Is it simple use your search facility to get a fee calculation from a conveyancing solicitor in Sittingbourne on the authorised to act for my mortgage?
1st choose a bank such as National Westminster Bank, Norwich and Peterborough Building Society or Godiva Mortgages Ltd then type in your preferred area for example Sittingbourne. Conveyancing firms in Sittingbourne and across England and Wales will then be listed.
I only have Seventy years left on my lease in Sittingbourne. I now wish to get lease extension but my landlord is absent. What are my options?
On the basis that you qualify, under the Leasehold Reform, Housing and Urban Development Act 1993 you can submit an application to the County Court for an order to dispense with the service of the initial notice. This will mean that your lease can be extended by the Court. However, you will be required to demonstrate that you have done all that could be expected to locate the lessor. For most situations a specialist should be helpful to try and locate and prepare an expert document to be accepted by the court as proof that the freeholder can not be located. It is advisable to get professional help from a conveyancer both on devolving into the landlord’s absence and the application to the County Court covering Sittingbourne.
Sittingbourne Conveyancing for Leasehold Flats - A selection of Queries before Purchasing
Plenty Sittingbourne leasehold flats will be liable to pay a service charge for the upkeep of the block levied on behalf of the freeholder. If you purchase the flat you will have to meet this liability, normally quarterly during the year. This may be anything from two or three hundred pounds to thousands of pounds for large purpose-built blocks. In all likelihood there will be a rentcharge for you to pay annual, ordinarily this is not a exorbitant sum, say around £25-£75 but you should to enquire it because on occasion it can be many hundreds of pounds. Best to be warned if window replacement or some other significant cost is pending that will be shared amongst the tenants and may well dramatically increase the the maintenance fees or necessitate a specific payment.
We have been informed by many family members that it can take six to eight weeks for Sittingbourne conveyancing to complete.This was a month ago. The property information was only received from the vendors lawyer last week so does the clock start running now?
You need to be pragmatic about timing. Conveyancing in Sittingbourne usually takes about two months. This time period is not because property lawyer are slow and purposely delay matters. The amount of money involved in buying any property is so high, the buyer’s lawyer needing to carry out a whole range of queries, searches and other checks to protect the buyer and their lender (if there is to be a mortgage) from expensive, avoidable problems. Conveyancing in Sittingbourne involves getting information from a range of third parties, including other conveyancer, local councils, private companies, lenders. Some of these are efficient. Others are not. Finally, no matter how quickly your conveyancer do their part, if the people you are purchasing from or are selling to aren't ready, nothing can move forward until they are up to speed.