Completed the sale of my flat in Bellingham last April yet the purchaser is whats apping me complaining that their lawyer is waiting to hear from mine. What are the post completion sale formalities following completion?
After completion of your sale your lawyer is obliged to send the transfer deeds and all of the paperwork to the purchaser's lawyers. Depending on the transaction, your conveyancer should also send confirmation that the legal charge in favour of the lender has been discharged to the purchasers conveyancers. There is unlikely to be post completion formalities just for conveyancing in Bellingham.
I had intended to instruct a property lawyer in Bellingham for our home move. Our financial adviser has since notified us that our bank Alliance & Leicester won't deal with them. Surely this is unduly restrictive?
Lenders tend to restrict either the type or the volume of conveyancing solicitors on their member panel. Typical examples of such restriction(s) being that a firm must have two or more partners. As well as restricting the type of firm, a few banks have decided to limit the number of firms they allow to act for them. Be aware that Alliance & Leicester have no responsibility for the quality of advice provided by any member of Alliance & Leicester Conveyancer Panel. Mortgage fraud was a key driver in the reduction of conveyancing panels since 2008 even though there are mixed views about the extent of solicitor engagement in some of that fraud. Statistics from the Land Registry reveal that plenty of law firms, including some in or near Bellingham only perform a couple conveyances per annum.
Are there restrictive covenants that are commonly picked up during conveyancing in Bellingham?
Covenants that are restrictive in nature can be picked up when reviewing land registry title as part of the legal transfer of property in Bellingham. 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…’
Yesterday I discovered that there is a flying freehold issue on a house I have offered on a fortnight ago in what was supposed to be a quick, no chain conveyancing. Bellingham is where the house is located. Is there any advice you can give?
Flying freeholds in Bellingham are not the norm but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Bellingham you must be sure that your lawyer goes through the deeds thoroughly. Your mortgage company may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Bellingham may determine that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold premises.
I need to appoint a conveyancing solicitor for some conveyancing in Bellingham. I have chance upon a web site which looks to be the ideal answer If it is possible to get all the legals done via phone that would be ideal. Do I need to be wary? What should out be looking out for?
As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?
I am hoping to complete next month on a studio apartment in Bellingham. Conveyancing solicitors have said that they report fully tomorrow. What should I be looking out for?
The report on title for your leasehold conveyancing in Bellingham should include some of the following:
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Setting out your legal entitlements in respect of common areas in the building.E.G., does the lease grant a right of way over a path or staircase? Whether the lease restricts you from subletting the property, or working from home Where does the liability rest to repair and maintain the main walls and foundations. It is essential that you know who is responsible the repair and maintenance of all parts of the block and communal areas You should receive a copy of the lease The length of the lease term. You should receive guidance as what happens when the lease ends, and informed of the importance of the 80 year mark
We have reached the end of our tether in trying to purchase the freehold in Bellingham. Can the Leasehold Valuation Tribunal adjudicate on premiums?
Absolutely. We are happy to put you in touch with a Bellingham conveyancing firm who can help.
An example of a Freehold Enfranchisement case for a Bellingham residence is 75 Woolstone Road in February 2012. the decision of the Tribunal was that the appropriate amount to be paid to purchase the freehold was the sum of £17,711 . This case related to 2 flats. The number of years remaining on the existing lease(s) was 68.28 and 158.