three months have elapsed following my purchase conveyancing in Whittlesey completed. I have checked the Land Registry site which shows that I paid £175,000 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 Whittlesey differ for newly converted properties?

Most buyers of new build residence in Whittlesey approach us having been asked by the developer to exchange contracts and commit to the purchase even before the premises is finished. This is because house builders in Whittlesey typically acquire the real estate, 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 Whittlesey or who has acted in the same development.

I am looking for a leasehold apartment up to £305k and found one near me in Whittlesey I like with open areas and railway links in the vicinity, however it only has 52 years on the lease. There is not much else in Whittlesey for this price, so just wondered if I would be making a mistake acquiring a lease with such few years left?

Should you require a home loan that many years will likely be an issue. Reduce the price by the expected lease extension will cost if not already taken into account. If the current owner has owned the property for a minimum of twenty four months you could request that they start the process of the extension and then assign it to you. An additional ninety years can be extended on to the current lease with a zero ground rent applied. You should consult your conveyancing solicitor regarding this matter.

In searching the world wide web for the phrase on line conveyancing in Whittlesey it shows results of many property lawyersin the area. With so much choice what is the best way to find the suitable conveyancing solicitor for purchase transaction?

The ideal method of choosing the right conveyancer is via trusted recommendation, so enquire of colleagues and those you trust who have acquired a property in Whittlesey or the local estate agent or mortgage broker. Charges for conveyancing in Whittlesey differ, so it's a good idea to request a minimum of four fee calculations from varying types of solicitors. Dont forget to clarify that the fees are fixed.

What are your top tips when it comes to choosing a Whittlesey conveyancing firm to carry out our lease extension conveyancing?

If you are instructing a conveyancer for your lease extension (regardless if they are a Whittlesey conveyancing firm) it is imperative that he or she should be familiar with the legislation and specialises in this area of conveyancing. We suggest that you make enquires with two or three firms including non Whittlesey conveyancing practices before you instructing a firm. If the firm is ALEP accredited then so much the better. The following questions could be helpful:

How familiar is the practice with lease extension legislation? If they are not ALEP accredited then what is the reason?

Whittlesey Conveyancing for Leasehold Flats - Examples of Questions you should consider before Purchasing

The best form of lease arrangement is a share of the freehold. In this scenario the lessees have control and even though a managing agent is frequently retained where it is larger than a house conversion, the managing agent is directed by the tenants. Make sure you find out if the the lease contains any unreasonable restrictions in the lease. For instance it is very common in Whittlesey leases that pets are not allowed in certain buildings in Whittlesey. If you like the propertyin Whittlesey but your cat is not allowed to live with you then you have a very difficult decision.