five months have elapsed following my purchase conveyancing in Sychdyn took place. I have checked the Land Registry site which shows that I paid £175,000 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 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 decided to have a survey completed on a property in Sychdyn ahead of instructing conveyancers. I have been informed that there is a flying freehold aspect to the house. My surveyor has said that some mortgage companies tend not issue a mortgage on a flying freehold premises.
It depends who your proposed lender is. Bank of Scotland has different requirements for example to Birmingham Midshires. If you contact us we can look into this further with the relevant lender. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Sychdyn. Conveyancing will be smoother if you use a solicitor in Sychdyn especially if they are acquainted with such properties in Sychdyn.
In what way does the Landlord & Tenant Act 1954 affect my business offices in Sychdyn and how can your lawyers assist?
The particular law that you refer to provides a safeguard to commercial tenants, giving them the dueness to make a request to court for a continuation of occupancy when the lease comes to an end. There are limited grounds where a landlord can refrain from granting a lease renewal and the rules are complex. Fees are different for commercial conveyancing. Sychdyn is one of our numerous areas of the UK in which the firms we work with are located
Is it best to choose a Sychdyn conveyancing practitioner in close proximity to the house I am purchasing? An old friend can handle the conveyancing but her office is over three hundred kilometers drive away.
The primary upside of using a local Sychdyn conveyancing practice is that you can drop in to execute paperwork, deliver your identification documents and pester them where appropriate. Having local Sychdyn know how is a bonus. However it's more important to get someone that will pull out all the stops for you. If other friends have instructed your friend and the majority were content that should trump using an unfamiliar Sychdyn conveyancing lawyer just because they are local.
When it comes to my conveyancing in Sychdyn should I be paying VAT on the following: (1) Land reg fee on purchase (2) Pre - completion search fee (3) SDLT E submission on purchase (4) Bank TT fee
(1) Land reg fee on purchase - No (2) Pre - completion search fees -No, (such conveyancing searches are HMLR ones and means £4 and possibly £2 bankruptcy per name on your mortgage) (3) SDLT E submission on your purchase - There is no VAT on Stamp Duty. However if the firm is charging a stamp duty e-submission fee as part of their services - some Sychdyn conveyancers do - that will incur VAT(4) Bank transfer fee - Yes it is for the conveyancer's time in submitting the funds this way.