I hired a New Beckenham based firm for our conveyancing in New Beckenham today. Upon checking the Terms and Conditions I notewe are on the hook for charges even if the dealdoes not happen. Would I be best advised to instruct an on-line firm promising no move no charge conveyancing in New Beckenham?
It is usually a trade off in that if "No Sale No Fee" is offered then the conveyancing charges will generally be uplifted to cover those conveyances that do not proceed. Do bear in mind that these deals tend not to cover expenses for example New Beckenham conveyancing search costs.
We're in New Beckenham, First time buyers purchasing with a mortgage (lender is Coventry BS , and our lawyer is on the Coventry BS conveyancing panel). How long should the conveyancing process take?
The fact that your lawyer is on the Coventry BS conveyancing panel is a help. It would almost certainly delay matters if they were not. However, no property lawyer should guarantee a timeframe for your conveyancing, due to third parties outside of your control such as delays caused by lenders,conveyancing search providers or by the other side’s solicitors. The time taken is often determined by the number of parties in a chain.
2 months have elapsed since my purchase conveyancing in New Beckenham took place. I have checked the Land Registry website which shows that I paid £200,000 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 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.
About to purchase a new build flat in New Beckenham. Conveyancing is daunting at the best of times but I have never purchased a new build flat before. What sort of enquires would be asked in new build conveyancing.
Set out below is a sample of a selection of leasehold new build questions that you can expect your new-build leasehold conveyancing in New Beckenham
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Please provide evidence that the form of Lease proposed has been approved by the Land Registry. If there are lifts in the building, please confirm that the owners of flats on the ground and basement floors will not be required to contribute towards the cost of maintenance and renewal. Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose? Where there is an Undertaking being granted there is the risk of forfeiture of the Headlease subject to relief if one or more of the Underlessees are willing to accept the original Head Lessee’s obligations as otherwise relief will be denied to the Underlessees. The only alternatives are the Head Lessor agreeing not to forfeit the Headlease or the Head Lessee guaranteeing to the Underlessees that it will not be in breach of the Headlease.
I am due to review costs for conveyancing in New Beckenham from various solicitor and decide on one. Should I ask them to hold tight until I I have my bid accepted on a house.
You should wait to ask your lawyer to commence work and apply for searches once the offer has been accepted on the property particularly as New Beckenham conveyancing searches are a couple of hundred pounds.