Me and my partner are about to exchange on the purchase of a house in Manselton but as a consequence of wreckage from the recent storms I have managed to agree recompense from the owner of £2k by way of a deduction in the price. I had intended this to be dealt with as part of the conveyancing process however Nottingham are not allowing this. Should they have been involved?
Your solicitor being on the Nottingham approved list is required to inform Nottingham of any changes to the purchase price. If you were to refuse your solicitor to notify the reduction to Nottingham then they would have to discontinue acting for you. In addition, Nottingham and you would have to appoint a new conveyancing practitioner for your conveyancing in Manselton.
Are there restrictive covenants that are commonly identified as part of conveyancing in Manselton?
Restrictive covenants can be picked up when reviewing land registry title as part of the process of conveyancing in Manselton. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’
I have been on the look out for a ground for flat up to £195,000 and identified one round the corner in Manselton I like with amenity areas and station in the vicinity, however it only has 52 years unexpired on the lease. I can't really find anything else in Manselton for this price, so just wondered if I would be making a grave error acquiring a lease with such few years left?
If you require a mortgage the shortness of the lease will likely be problematic. Reduce the offer by the amount the lease extension will cost if it has not already been discounted. If the existing proprietor has owned the property for at least twenty four months you could ask them to start the process of the extension and then assign it to you. You can add 90 years to the current lease term with a zero ground rent applied. You should consult your conveyancing lawyer regarding this matter.
As co-executor for the will of my aunt I am disposing of a house in Monmouth but reside in Manselton. My conveyancer (approximately 200 kilometers from merequires that I execute a stat dec before completion. Can you recommend a conveyancing solicitor in Manselton to attest this legal document for me?
strictly speaking you should not need to have the documents witnessed by a conveyancing solicitor. Ordinarily or notary public or solicitor will suffice regardless of whether they are Manselton based
Builders have put forward a property lawyer and I've obtained an estimate from them. It's nearly two hundred pounds cheaper than my family Manselton lawyer. What's the catch?
Housebuilders frequently have panels of property lawyers who expedite matters and who know the builder's paperwork and conveyancer. Plenty of developers offer an inducement to select a preferred conveyancing practitioner for this reason, any increased charges can be avoided and a builder will not recommend a conveyancing factory and run the risk of having the transaction delayed when they need an exchange within a tight deadline. A counter-argument for not agreeing to use the recommended property lawyer is that they may be hesitant to 'push' your interests at the risk of upsetting the developer. If you worry that this may be the case you should keep with your high street Manselton conveyancer.