What does a local search tell me about the house my wife and I buying in Topsham?

Topsham conveyancing often commences with the submitting local authority searches directly from your local Authority or through a personal search company for example Searchflow The local search plays a central part in most Topsham conveyancing purchase; as long as you don’t want any unpleasant once you have moved into your property. The search will reveal data on, amongst other things, details on planning applications applicable to the property (whether granted or refused), building control history, any enforcement action, restrictions on permitted development, nearby road schemes, contaminated land and radon gas; in all a total of 13 topic headings.

three months have elapsed since my purchase conveyancing in Topsham concluded. I have checked the Land Registry site 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 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.

Over the last few months I have been searching for a leasehold apartment up to £195,000 and found one near me in Topsham I like with amenity areas and transport links in the vicinity, however it only has 52 years unexpired on the lease. I can't really find anything else in Topsham suitable, so just wondered if I would be making a grave error buying a short lease?

Should you require a mortgage the remaining unexpired lease term will be an issue. Discount the price by the expected lease extension will cost if not already taken into account. If the current owner has owned the premises for at least 2 years you could request that they start the process of the extension and then assign it to you. You can add 90 years to the current lease term with a zero ground rent applied. You should speak to your conveyancing lawyer regarding this.

Taking into account that I will soon part with hundreds of thousands of pounds on 3 bedroom house in Topsham I would like to have a conversation with the conveyancer concerning thetransaction in advance of appointing the firm. Is this something that you can arrange?

Absolutely - it is our preference to talk to you we do not take any clients on without you speaking to the solicitor who will be conducting your property ownership legalities in Topsham.There is no ‘factory style conveyancing’ - every client is unique person, not a case number. The practices that we put you in touch with believe that the fees you are quoted for your conveyancing in Topsham should be the amount on the final invoice that you are charged.

If all goes to plan we aim to complete the disposal of our £475,000 flat in Topsham in 8 days. The management company has quoted £396 for Landlord’s certificate, building insurance schedule and previous years service charge statements. Is the landlord entitled to charge such fees for a leasehold conveyance in Topsham?

For the majority of leasehold sales in Topsham conveyancing will involve, queries regarding the management of a building inevitably needing to be answered directly by the freeholder or its agent, this includes :

Addressing conveyancing due diligence questions Where consent is required before sale in Topsham Supplying insurance information Deeds of covenant upon sale Registering of the assignment of the change of lessee after a sale

Your solicitor will have no control over the level of the charges for this information but the average costs for the information for Topsham leasehold premises is £350. For Topsham conveyancing transactions it is customary for the seller to pay for these costs. The landlord or their agents are under no legal obligation to answer such questions most will be willing to do so - albeit often at exorbitant prices where the fees bear little relation to the work involved. Unfortunately there is no law that requires fixed charges for administrative tasks. Neither is there any legal time frame by which they are required to provide the information.

Topsham Conveyancing for Leasehold Flats - Sample of Queries Prior to buying

Who is in charge of the block? It is important to be aware if fixing the lift or some other significant cost is due in the near future that will be shared amongst the leasehold owners and will materially increase the the maintenance charges or result in a one time invoice. How many of the leaseholders are in arrears for their maintenance charge payments?