Much to our surprise we have been advised by our estate agent that my Langstone property lawyer is not on the lender Solicitor panel. How can I be certain that this is indeed the case?
The sensible course of action for you to take is to call your Langstone lawyer directly. It is reasonable to expect your lawyer to notify you what has happened. If they are not on the panel they may recommend you to a Langstone conveyancing practice that is on the approved list of lawyers for your bank.
three months have gone by following my purchase conveyancing in Langstone concluded. I have checked the Land Registry website which shows that I paid £150,000 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.
I have been on the look out for a flat up to £245,000 and found one round the corner in Langstone I like with a park and railway links nearby, the downside is that it's only got 61 remaining years left on the lease. There is not much else in Langstone suitable, so just wondered if I would be making a grave error acquiring a short lease?
If you require a mortgage the shortness of the lease may be problematic. Discount the offer by the amount the lease extension will cost if it has not already been discounted. If the current owner has owned the premises for at least twenty four months you may request that they start the process of the extension and pass it to you. An additional ninety years can be extended on to the existing lease with a zero ground rent applied. You should speak to your conveyancing lawyer concerning this matter.
I need to retain a conveyancing solicitor for sale conveyancing in Langstone. I've chance upon a site which looks to be the perfect solution If there is a chance to get all formalities done via web that would be preferable. Do I need to be concerned? 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?
Why am I unable to complete my conveyancing in Langstone on Good Friday?
Because on completion the money needs to pass between the banks of the purchaser and seller's solicitor and currently this can only take place on a working day. So you can't complete on a saturday or sunday either.