Have just purchased a repossessed house at auction in Dalton in Furness. Conveyancing is required. What are my next steps?
Now that you have legally bound yourself to purchase you now have to find a conveyancing solicitor as a matter of priority as you now have a fast approaching deadline in which to complete the transaction. All auction property should have a bespoke legal set of papers. This will likely include the copy title deeds, local authority and drainage searches. In the case of leasehold property the conveyancing pack should include a copy of the lease, management information and a sellers leasehold information form and associated conveyancing documentation specific to a leasehold property. You must give this to the conveyancer working for you as soon as possible. Do make sure that that you have the requisite funding in order to complete on the on the contractual date .
My wife and I are in the process of looking at flats in Dalton in Furness and I am now considering a potential offer. Is it too early to have a solicitor in place? I will be getting a home loan with Nationwide.
You should start requesting conveyancing estimates from solicitors ASAP. Once you decide who you want to use and once your offer is accepted you can instruct them to work for you and forward their contact information on to the selling agent. As you are getting a mortgage with Nationwide, ask your prospective lawyers if they are on the Nationwide conveyancing panel otherwise they can't do the mortgage legal work.
I am currently in the process of buying my council flat in Dalton in Furness. I have a mortgage agreed with Clydesdale. Conveyancing is not something I have any knowledge of. Can I proceed without a solicitor easily? I think we can but we keep being told I should have one. Any advice?
It is not advisable to proceed with a house purchase without a solicitor. The council's solicitor are not acting for you. You need a solicitor for a number reasons. One of which is to verify what plans the Council have for repairs and refurbishment for the next five years. Many leaseholders have been stung for contributions of thousands of pounds. In any event, if you are getting a mortgage with Clydesdale, you will need to appoint a solicitor on the Clydesdale conveyancing panel.
2 months have elapsed following my purchase conveyancing in Dalton in Furness took place. I have checked the Land Registry site which shows that I paid £150,000 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.
I have been on the look out for a ground for flat up to £305k and found one near me in Dalton in Furness I like with open areas and station nearby, the downside is that it's only got 51 remaining years left on the lease. There is not much else in Dalton in Furness for this price, so just wondered if I would be making a grave error purchasing a lease with such few years left?
If you require a mortgage the shortness of the lease will be a potential deal breaker. Reduce the offer by the expected lease extension will cost if not already taken into account. If the existing owner has owned the premises for at least 2 years you could ask them to start the process of the extension and pass it to you. You can add 90 years to the current lease with a zero ground rent applied. You should consult your conveyancing lawyer about this matter.
My company is looking to take over a lease of a shop on a shopping parade. Can you recommend conveyancers offering competitive charges for non-domestic conveyancing in Dalton in Furness for under £1,200?
We are happy to recommend firms who have well rounded knowledge of commercial conveyancing in Dalton in Furness, including the disposal and purchase of businesses as well as simply premises. If you are intending to purchase or lease a shop, pub, restaurant, office, retail unit or a complete business we will put you in touch with the right firm. Regarding the costs these will vary based on the structure and heads of terms of the deal. Please provide us with your contact information or phone us so that we can supply you with a fixed commercial conveyancing calculation.
I need to instruct a conveyancing solicitor for leasehold conveyancing in Dalton in Furness. I happened to chance upon a web site which looks to be the perfect solution If there is a chance to get all formalities done via email that would be preferable. Should I be wary? What are the potential pitfalls?
As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?