Can you explain why leasehold purchase conveyancing in Upton Park costs more?

Upton Park leasehold conveyancing transactions usually involve additional investigations than freeholds including investigating the Lease, liaising with the Landlord such as serving relevant notices on the Landlord or managing agent, obtaining up-to-date service charge and management information, obtaining Landlord’s consents and reviewing management accounts and formation documents.

I require expedited conveyancing in Upton Park as I have a deadline to complete inside 4 weeks. A home loan is not required. Is it possible to escape the need for conveyancing searches to save money and time?

As you are not obtaining a home loan you have the choice not to do searches although no conveyancer would recommend that you don't. With plenty of history conveyancing in Upton Park the following are examples of issues that can appear and therefore affect the marketability of the property: Enforcement Actions, Outstanding Fees, Overdue Grants, Unadopted Roads,...

3 months have gone by since my purchase conveyancing in Upton Park concluded. I have checked the Land Registry site 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 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 am buying my first flat in Upton Park benefiting from help to buy. The developers refused to budge the amount so I negotiated 6k of extras instead. The estate agent told me not inform my solicitor about the extras as it would jeopardize my loan with the bank. Do I keep my lawyer in the dark?.

All lenders require a Disclosure of Incentives Form from the developer of any new build, converted or renovated property, It is available online from the Lenders’ Handbook page on the CML website. CML form is completed and handed to the lender's surveyor when the inspection is done.

Lenders have different policies on incentives. Some accept none at all, cash or physical, while others will accept cash incentives up to 5%.

Hard to understand why the representative of a builder would be suggesting you withold information from a solicitor when all this will be clearly visible on forms the builder has to supply to its solicitor, the buyer's solicitor and the surveyor.

What is the reason for new build conveyancing in Upton Park being more expensive?

Conveyancing in Upton Park for newly converted or new build premises can sometimes involve adoption of highways & drains, building regulations approval, planning permission, new build warranties such NHBC as well as further investigations and contractual concerns.