We are close to exchanging contracts on the sale of our home in Weston super Mare and the buyers lawyers are claiming that there is a risk of it being built on contaminated land. A local conveyancer would know this is not the case. For the life of me I don't know why the buyers instructed a web based conveyancing practice as opposed to a conveyancing solicitor in Weston super Mare. We have lived in Weston super Mare for 4 years we know that this is a non issue. Should we contact our local Authority to seek clarification that the buyers are looking for.
It sounds as though you may have a conveyancing firm currently acting for you. What do they say? You need to check with your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out life insurance to cover that same ailment)
2 months have gone by since my purchase conveyancing in Weston super Mare concluded. I have checked the Land Registry site which shows that I paid £150,000 when infact I paid £180,000. 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.
How does conveyancing in Weston super Mare differ for new build properties?
Most buyers of new build premises in Weston super Mare approach us having been asked by the developer to sign contracts and commit to the purchase even before the house is ready to move into. This is because builders in Weston super Mare typically buy the land, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct conveyancers as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are used to new build conveyancing in Weston super Mare or who has acted in the same development.
Completion is due on our sale of a £325,000 apartment in Weston super Mare in 10 days. The freeholder has quoted £420 for Landlord’s certificate, insurance certificate and 3 years service charge statements. Is it legal for a freeholder to charge such fees for a flat conveyance in Weston super Mare?
Weston super Mare conveyancing on leasehold flats normally necessitates the purchaser’s lawyer sending questions for the landlord to answer. Although the landlord is not legally bound to answer such questions most will be content to assist. They may charge a reasonable administration fee for answering enquiries or supplying documentation. There is no upper cap for such fees. The average fee for the paperwork that you are referring to is over three hundred pounds, in some cases it is in excess of £800. The administration charge levied by the landlord must be sent together with a summary of entitlements and obligations in relation to administration fees, otherwise the invoice is technically not due. Reality however dictates that one has no option but to pay whatever is requested of you should you wish to complete the sale of your home.
I bought a ground floor flat in Weston super Mare, conveyancing was carried out 9 years ago. How much will my lease extension cost? Similar properties in Weston super Mare with a long lease are worth £180,000. The average or mid-range amount of ground rent is £65 yearly. The lease runs out on 21st October 2084
With 59 years remaining on your lease we estimate the price of your lease extension to range between £20,900 and £24,200 as well as professional fees.
The figure that we have given is a general guide to costs for extending a lease, but we are not able to supply the actual costs in the absence of detailed investigations. Do not use the figures in a Notice of Claim or as an informal offer. There are no doubt other concerns that need to be taken into account and you obviously should be as accurate as possible in your negotiations. Neither should you move forward placing reliance on this information before seeking the advice of a professional.
My plan is to acquire a ground floor apartment in Weston super Mare. Conveyancing lawyer has been awaiting, from the vendor, building insurance paperwork. I was told today I was informed that the owner must forward the insurance schedule for the flat above also. Why does my conveyancer want to see the insurance for the other flat? Is it strictly necessary? We have been waiting for the last fortnight…
It is not impossible in leasehold conveyancing in Weston super Mare to find Conveyancing in Weston super Mare in a minority of cases reveals that the lease provides for the tenant's to insure their individual flats as opposed to the freeholder insuring the complete premises - which is clearly preferable. Do double check with your conveyancing practitioner but it would appear that your conveyancer is seeking to verify that the whole building is insured. Insuring a ground floor residence is no help when it comes to rebuilding after a fire if the 1st floor cannot be rebuilt as a result of lack of insurance.