In the event thatI was to purchase a straightforward propertyin Wennington for cash and dispense with a survey and no conveyancing searches how much would I expect to to save on my conveyancing in Wennington?
The only saving you would achieve is the disbursement for searches. Your conveyancing practitioner is required to do the vast majority of work - money laundering, liaising with the sellers solicitor, SDLT return, register the property etc. You might save a bit for them not needing to register a charge however it won't be meaningful.
Do I need to take out insurance to address the risk of chancel repairs when acquiring a residence in Wennington?
Unless a previous acquisition of the property took place after 12 October 2013 you may expect solicitors carrying out conveyancing in Wennington to remain recommending a chancel search and or chancel repair liability insurance.
2 months have elapsed following my purchase conveyancing in Wennington 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 am looking for a flat up to £235,500 and found one near me in Wennington I like with open areas and station in the vicinity, however it's only got 51 years unexpired on the lease. There is not much else in Wennington for this price, so just wondered if I would be making a grave error acquiring a short lease?
If you need a mortgage the shortness of the lease will be a potential deal breaker. Reduce the offer by the anticipated lease extension will cost if not already taken into account. If the existing proprietor has owned the property for a minimum of twenty four months you can ask them to commence the lease extension formalities and then assign it to you. An additional ninety years can be extended on to the existing lease and have £0 ground rent by law. You should consult your conveyancing solicitor concerning this matter.
My mum and dad are unable to locate their Wennington land registry title on the online search facility. They recall that back in the 70’s when they acquired the house there were complications regarding Wennington not being recognised in some systems.
Almost all properties in Wennington should appear. Have you tried a search to just the postcode. Ordinarily it will reveal all the premises inside that postcode. Where registered it will show up with a title number. If they bought back in the 70’s it's conceivable it may be unrecorded. The property could still be revealed but with the title number shown 'na'. In this scenario you will need to find the original title deeds which might be with your parent’s bank.