At what point will exchange of contracts occur in sale conveyancing in Colnbrook and am I required to attend the solicitors branch?

Where you are near to our conveyancing solicitors in Colnbrook you are invited in to sign documents. That being said, the lender approved solicitors we work with offer countrywide coverage for conveyancing and give as equally comprehensive and professional a job for you when communicating with you digitally. The executing of the contract is not the important part. A signed contract is necessary for the firm to address the formalities when the time is right, which will usually be very shortly after signing. The exchange process is nowadays normally dealt with by telephone and can be very rapid, although where a long "chain" is in the mix, since the process requires the relevant party's solicitor (not necessarily a conveyancing solicitor in Colnbrook)to be in the office available at the end of the phone to exchange contracts.

I am looking to buy a house and require a conveyancing solicitor in Colnbrook who is on the Alliance & Leicester approved. Can you recommend a local conveyancing firm?

Our service is limited to being a directory service for firms who wish to listed as being on the approved conveyancing panel for Alliance & Leicester in certain locations such as Colnbrook. We dont recommend any particular firm.

2 months have elapsed since my purchase conveyancing in Colnbrook completed. I have checked the Land Registry site which shows that I paid £175,000 when infact I paid £160,000. 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 18 days into a freehold purchase having been referred to conveyancers by the estate agent to execute conveyancing in Colnbrook. We are not happy. Could you you assist me in finding new solicitors?

A lawyer would need to be really bad in order to consider diss instructing them. Has the loan offer been generated? If so you will need to advise them of the new lawyer and get the mortgage documents are issued to the new lawyers. Your conveyancer needs to be on the lenders panel to avoid escalating costs and frustration. So that should be your first question of the new conveyancers. Our find a solicitor tool will assist you in finding a lender approved lawyer for your home move in Colnbrook

Last August I purchased a leasehold property in Colnbrook. Do I have any liability for service charges for periods before completion of my purchase?

In a situation where the service charge has already been demanded from the previous owner and they have not paid you would not usually be personally liable for the arrears. However, your landlord may still be able to take action to forfeit the lease. A critical element of leasehold conveyancing for your conveyancer to be sure to have an up to date clear service charge receipt before completion of your purchase. If you have a mortgage this is likely to be a requirement of your lender.

If you purchase part way through an accounting year you may be liable for charges not yet demanded even if they relate to a period prior to your purchase. In such circumstances your conveyancer would normally arrange for the seller to set aside some money to cover their part of the period (usually called a service charge retention).

I am the registered owner of a garden flat in Colnbrook, conveyancing was carried out half a dozen years ago. Can you shed any light on how much the price could be for a 90 year extension to my lease? Similar flats in Colnbrook with a long lease are worth £211,000. The average or mid-range amount of ground rent is £45 charged once a year. The lease runs out on 21st October 2094

You have 68 years left to run we estimate the premium for your lease extension to span between £9,500 and £11,000 plus plus your own and the landlord's "reasonable" professional fees.

The figure above a general guide to costs for renewing a lease, but we cannot give you a more accurate figure in the absence of detailed investigations. You should not use this information in tribunal or court proceedings. There may be additional concerns that need to be considered and clearly you should be as accurate as possible in your negotiations. Neither should you move forward placing reliance on this information without first getting professional advice.