We just had an offer accepted to buy with Melton Mowbray Building Society. We have called around locally but am struggling to find a Gotham conveyancing firm on the Melton Mowbray Building Society panel. Please you assist?
You should make use of the find a conveyancing panel solicitor tool on this web page. Pick the building society and type Gotham or your preferred area and you will see a number of lawyer based in Gotham or near you.
It has been three months since my purchase conveyancing in Gotham completed. 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 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.
How does conveyancing in Gotham differ for newly converted properties?
Most buyers of new build or newly converted property in Gotham contact us having been asked by the developer to sign contracts and commit to the purchase even before the house is constructed. This is because house builders in Gotham typically acquire 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 property lawyers 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 accustomed to new build conveyancing in Gotham or who has acted in the same development.
In my capacity as executor for the will of my father I am selling a residence in Newport but live in Gotham. My lawyer (who is 250 miles awayneeds me to execute a statutory declaration ahead of the transaction finalising. Could you suggest a conveyancing lawyer in Gotham who can attest this legal document for me?
strictly speaking you are unlikely to need to have the documents witnessed by a conveyancing solicitor. Normally or notary public or qualified solicitor will do regardless of whether they are Gotham based
I've recently bought a leasehold flat in Gotham. Am I liable to pay service charges for periods before completion of my purchase?
Where the service charge has already been demanded from the previous lessee and they have not paid you would not usually be personally liable for the arrears. However, your landlord may still be able to take action to forfeit the lease. A critical element of leasehold conveyancing for your conveyancer to ensure to have an up to date clear service charge receipt before completion of your purchase. If you have a mortgage this is likely to be a requirement of your lender.
If you purchase part way through an accounting year you may be liable for charges not yet demanded even if they relate to a period prior to your purchase. In such circumstances your conveyancer would normally arrange for the seller to set aside some money to cover their part of the period (usually called a service charge retention).
I acquired a ground floor flat in Gotham, conveyancing having been completed half a dozen years ago. Can you let me have an estimate of the premium that my landlord can legally expect in return for granting a renewal of my lease? Equivalent properties in Gotham with a long lease are worth £227,000. The average or mid-range amount of ground rent is £50 yearly. The lease finishes on 21st October 2096
You have 71 years unexpired we estimate the premium for your lease extension to span between £9,500 and £11,000 plus costs.
The figure that we have given is a general guide to costs for renewing a lease, but we are not able to advice on a more accurate figure without more detailed due diligence. You should not use this information in a Notice of Claim or as an informal offer. There may be additional concerns that need to be taken into account and you obviously want to be as accurate as possible in your negotiations. Neither should you move forward based on this information without first getting professional advice.