I am need of leasehold conveyancing for a flat in a fairly new development (6 years built) in Brockley. The vast majority the flats have already been occupied. Is it really necessary to order conveyancing searches for my conveyancing in Brockley?
Conveyancing Searches are a central link in the Brockley conveyancing process. There are numerous companies who offer Brockley conveyancing searches, as well direct from local authority. These are generally termed personal search providers and they produce, not surprisingly, personal searches. However, all Local Authority Search conveyancing products have one thing in common - they must secure their data from the local authoritative source.
three months have gone by since my purchase conveyancing in Brockley completed. I have checked the Land Registry website which shows that I paid £175,000 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 Brockley differ for new build properties?
Most buyers of new build residence in Brockley contact us having been asked by the builder to sign contracts and commit to the purchase even before the premises is ready to move into. This is because house builders in Brockley usually buy the real estate, 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 conveyancers 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 Brockley or who has acted in the same development.