My colleague suggested that if I am buying in Epsom and Ewell I should carry out a Neighbourhood, Planning and Local Amenity Search. What does it cover?
This is a search is occasionally included in the estimate for your Epsom and Ewell conveyancing searches. It is not a small document of more than thirty pages, listing and setting out important information about Epsom and Ewell around the property and the people living there. It includes an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the local Housing Market, Council Tax Banding, the demographics of People living in the area, the dominant type of Housing, the Average Property Price, Crime details, Local Education with maps and statistics, Local Amenities and other useful data concerning Epsom and Ewell.
4 months have gone by since my purchase conveyancing in Epsom and Ewell concluded. I have checked the Land Registry website which shows that I paid £200,000 when infact I paid £160,000. 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 asset 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.
About to purchase a new build apartment in Epsom and Ewell. Conveyancing is a frightening process 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.
Set out below are examples of a few leasehold new build questions that you should expect your new-build leasehold conveyancing in Epsom and Ewell
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Where service of notices and proceedings can be at the property demised please confirm that this can be amended to include simultaneous services at the Lessees’ solicitors’ offices where the Lessee from time to time is not resident in the UK - such solicitors may be varied by notice in writing to the Landlord from time to time but otherwise will be as previously specified. Please supply a car parking plan. Will control of the Management Company (if any) be handed over to purchasers on completion of the last sale or earlier? Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company? Please confirm the Lease plans are architect prepared.
Due to the advice of my in-laws I had a survey completed on a property in Epsom and Ewell in advance of retaining lawyers. I have been informed that there is a flying freehold element to the house. My surveyor advised that some banks may not grant a mortgage on such a home.
It depends who your proposed lender is. Santander has different instructions for example to Birmingham Midshires. If you call us we can look into this further via the relevant bank. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Epsom and Ewell. Conveyancing will be smoother if you use a solicitor in Epsom and Ewell especially if they are accustomed to such properties in Epsom and Ewell.
Am I right to be wary that brokers that I am dealing with are recommending a nationwide conveyancing firm as opposed to a local Epsom and Ewell conveyancing practice?
As with many professional services, often input from family and friends can be extremely useful or valuable. Yet there are many parties with a keen interest in a conveyancing deal; estate agents, mortgage brokers and mortgage companies may suggest lawyers to use. On occasion these lawyers might be known to one of the organisations as being good in their field, but occasionally there is an underlying financial incentive behind the recommendation. You are free to choose your own conveyancer. Don't forget that most banks have an approved list of law firms you are obliged to use for the mortgage aspect of your home move.