Completed the sale of my flat in Astwood Bank last May yet the purchaser is texting every few hours to say his lawyer needs to hear from mysolicitor. What should my lawyer have done following completion?
After completion of your sale your lawyer is duty bound to deliver the transfer deeds and all additional paperwork to the buyer’s lawyers. Where relevant, your solicitor must also send confirmation that the mortgage has been discharged to the purchasers solicitors. There are no post completion formalities just for conveyancing in Astwood Bank.
Are there restrictive covenants that are commonly identified during conveyancing in Astwood Bank?
Restrictive covenants can be picked up when reviewing land registry title as part of the process of conveyancing in Astwood Bank. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’
Just had an offer accepted on a new build flat in Astwood Bank. Conveyancing is necessary evil 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 selection of leasehold new build enquiries that you may expect your new-build leasehold conveyancing in Astwood Bank
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Where there is an Undertaking being granted there is the risk of forfeiture of the Headlease subject to relief if one or more of the Underlessees are willing to accept the original Head Lessee’s obligations as otherwise relief will be denied to the Underlessees. The only alternatives are the Head Lessor agreeing not to forfeit the Headlease or the Head Lessee guaranteeing to the Underlessees that it will not be in breach of the Headlease. Please confirm the Lease plans are surveyor prepared. The Lease must contain a provision on behalf of the Vendor to pay the service charges in respect of unoccupied units in order to ensure that all services can be provided. There must be mutual enforceability of lessee’s covenants.
I decided to have a survey carried out on a house in Astwood Bank prior to appointing conveyancers. I have been informed that there is a flying freehold overhang to the property. The surveyor advised that some lenders may not grant a mortgage on such a house.
It varies from the lender to lender. Lloyds has different requirements from Birmingham Midshires. If you call us we can investigate further with the relevant mortgage company. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Astwood Bank. Conveyancing may be slightly more expensive based on your lender's requirements.
I'm refinancing my existing home to a buy to let mortgage with Barnsley Building Society and I will use the ballance of the raised equity towards another house. The area we are interested in is Astwood Bank. Will your solicitors be able to act for both sets of lenders and link together the two deals?
Make use of our search tool on this page to be sure that the conveyancers are on the relevant lender panels. On the basis that they are the conveyancer will be able to connect the two conveyancing matters but you should have a chat with you lawyer and make apparent your desired outcome and requirements.
My fiance is buying a ground floor flat in Astwood Bank. He has received a fee estimate by the solicitor recommended by the selling agents totaling £1385 . It was fifteen years ago I sold and bought a house and it cost was £600. Have fees really gone up that much?
What does the conveyancing estimate include? Is it just for the legal fees, or what you will be paying in total (for example Astwood Bank searches, land registry fees, etc)