I am under pressure from the mortgagee in possession of a property in High Peak to exchange within four weeks. What can be done to expedite the conveyancing process?

In the event that you are under pressure for your conveyancing we would recommend that your conveyancer is familiar with the area as they will benefit local relationships and insight. It is even conceivable that they would have handled previoushouses in the same road. You would be best advised to use a High Peak conveyancing firm. In addition, double check that the lawyer is on the on the approved list for your mortgage company. It is believed that nearly one in five of High Peak conveyancing transactions are delayed or derailed after discovering a purchaser’s solicitor was not on their banks member panel. This can often result in the transaction being delayed by an average of 21 days. It is understood that this issue affects approximately 100,000 home moves every year. Most High Peak conveyancing practices can not represent certain banks so do check as early as possible.

3 months have gone by since my purchase conveyancing in High Peak concluded. I have checked the Land Registry site which shows that I paid £200,000 when infact I paid £215,000. 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 residence 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.

The estate agent has sent us the confirmation of our purchase of a new build flat in High Peak. Conveyancing is daunting 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.

Here are examples of a few leasehold new build questions that you should expect your new-build leasehold conveyancing in High Peak

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. The Landlord must covenant to assume the management if the Management Company goes into liquidation or otherwise defaults in running the management scheme. Will control of the Management Company (if any) be handed over to purchasers on completion of the last sale or earlier? Investor purchasers must be able to freely grant unsecured tenancies at market rents without requiring any consents.

I have been recommended by a few selling agents in High Peak to choose a solicitor using your seach tool. What’s the financial incentive for Estate Agents to offer your lawyers rather than a competitor’s?

We don’t make any commission for directing people our way. We found it would be just too difficult a fee because members of the public would think, ‘How come the agent getting a kickback? Why am I not getting any benefit too?’ We would prefer to grow our business on genuine recommendations.

I am in need of some leasehold conveyancing in High Peak. Before I get started I require certainty as to the number of years remaining on the lease.

If the lease is recorded at the land registry - and almost all are in High Peak - then the leasehold title will always include the basic details of the lease, namely the date; the term; and the original parties. From a conveyancing perspective such details then enable any prospective buyer and lender to confirm that any lease they are looking at is the one relevant to that title. For any other purpose, such as confirming how long the term was granted for and calculating what is left, then the register should be sufficient on it's own.

Leasehold Conveyancing in High Peak - Examples of Queries Prior to buying

Who are the managing agents? This information is helpful as a) areas can cause problems for the block as the common areas may begin to deteriorate if repairs remain unpaid b) if the leasehold owners have a dispute with the managing agents you will want to know about it