Do the conveyancing solicitors that are recommend execute auction conveyancing in Long Itchington?
We know of a few niche practitioners we can put you in touch with those conducting auction conveyancing. Long Itchington is one of hundreds of areas of in which our lawyers cover.
Can you clarify what the consequences are if my solicitor is expelled from the Principality Conveyancing panel ahead of completing my conveyancing in Long Itchington?
The first thing to point out is that, this is a very rare occurrence. In most cases even where a law firm is removed off of a panel the lender would allow the completion to go ahead as the lender would appreciate the difficulties that they would place you in if you have to instruct a new solicitor days before completion. In a worst case scenario where the lender insists that you instruct a new firm then it is possible for a very good lawyer to expedite the conveyancing albeit that you may pay a significant premium for this. The analogous situation is where a buyer instructs a lawyer, exchanges contracts and the law firm is shut down by a regulator such as the SRA. Again, in this situation you can find lawyers who can troubleshoot their way to bring the conveyancing to a satisfactory conclusion - albeit at a cost.
4 months have gone by since my purchase conveyancing in Long Itchington concluded. I have checked the Land Registry site which shows that I paid £200,000 when infact I paid £170,000. 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 premises 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 just appointed agents to market my ground floor flat in Long Itchington. Conveyancing has not commenced, however I have recently had a quarterly service charge demand – should I leave it to the buyer to sort out?
Your conveyancing lawyer is likely to suggest that you should discharge the maintenance contribution as normal as all ground rent and service invoices should be apportioned as part of the financial calculations for completion monies, so you will be reimbursed by the purchaser for the period running from after the completion date to the next payment date. Most management companies will not acknowledge the buyer until the service charges have been paid and are up to date, so it is important for both buyer and seller for the seller to show that they are up to date. This will smooth the conveyancing process.
Long Itchington Leasehold Conveyancing - A selection of Queries before buying
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Can you tell me if there are any major works anticipated that could increase the maintenance costs? What prohibitions are there in the Long Itchington Lease? Are any of leasehold owners in dispute over their service charge liability?
I dont have enough spare funds to pay a 10% deposit on my apartment purchase in Long Itchington , but I am keen exchange. Do I have options?
One option is to try and accept a smaller deposit. Many vendors will agree to a lesser deposit or even no deposit for a first time buyer or 100% mortgage. Be aware though that if you fail to complete you will still need to hand over a minimum of 10% of the purchase price regardless of how much deposit was agreed.
You can also agree a simultaneous exchange and completion as no deposit is required for this however neither party will be tied in until completion actually takes place and it can be risky if sellers change their mind at the last second