It has been 2 months since my purchase conveyancing in Forest Hall took place. 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.

About to purchase a new build apartment in Forest Hall. Conveyancing is a frightening process at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build conveyancing.

Set out below is a sample of a few leasehold new build enquiries that you should expect your new-build leasehold conveyancing in Forest Hall

Forfeiture - bankruptcy or liquidation must not apply under this provision. Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company? 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. Please supply 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.

In surfing the internet for the phrase conveyancing in Forest Hall it shows results of many conveyancerslocally. With so much choice what is the best way to find the right conveyancer for the sale of my house?

The ideal way of choosing a suitable conveyancer is through a personal referral, so enquire of colleagues and those you trust who have bought a property in Forest Hall or a local estate agent or mortgage broker. Costs for conveyancing in Forest Hall differ, so it's advisable to secure at least four fee estimates from varying types of law firms. Make sure that you clarify what costs in the quote includes.

We expect to complete the disposal of our £375,000 flat in Forest Hall next Wednesday. The freeholder has quoted £336 for Landlord’s certificate, insurance certificate and previous years statements of service charge. Is the landlord entitled to charge an administration fee for a leasehold conveyance in Forest Hall?

Forest Hall conveyancing on leasehold maisonettes typically results in administration charges levied by freeholders :

Addressing conveyancing due diligence enquiries Where consent is required before sale in Forest Hall Supplying insurance information Deeds of covenant upon sale Registering of the assignment of the change of lessee after a sale

Your lawyer will have no control over the level of the charges for this information but the average costs for the information for Forest Hall leasehold property is £350. For Forest Hall conveyancing transactions it is customary for the seller to pay for these costs. The landlord or their agents are under no legal obligation to answer such questions most will be willing to do so - albeit often at exorbitant prices where the fees bear little relation to the work involved. Unfortunately there is no law that requires fixed charges for administrative tasks. Neither is there any legal time frame by which they are obliged to supply the information.

Forest Hall Leasehold Conveyancing - A selection of Questions you should consider before buying

Are there any major works in the planning that could increase the service charges? It is important to be aware if a new roof is being installed or some other significant cost is pending to be shared between the tenants and may well materially increase the the service charges or require a specific payment. For many Forest Hall leaseholds the cost for major works tend not to be incorporated into the maintenance charges, albeit that some managing agents in Forest Hall obliged tenants to contribute towards a reserve fund and this is used to offset against larger works.

The property lawyers handling our conveyancing in Forest Hall has forwarded papers to review that state the land is unregistered with epitome documents. Is it not the case that all properties in Forest Hall should be registered?

Almost 100% of property in Forest Hall is registered. An 'epitome' is basically a dossier of photocopies of documents affecting an unregistered title. Many Forest Hall conveyancing lawyers will be familiar with this type of conveyancing but where uncertainty reigns the usual recommendation these days seems to be for the seller to register it first and subsequently deal with the transfer to the buyer - this will predictably result in a significant delay.