Finally the sale completed on my house in Bromley last May but our buyer keeps texting me to moan that his solicitor is waiting to hear from mylawyer. What are the post completion sale legalities now that I have sold?
Post completion of your sale your lawyer is committed to send the transfer deeds and all of the paperwork to the purchaser's solicitors. If applicable, your lawyer must also send confirmation that the home loan has been paid off to the buyers solicitors. There is unlikely to be post completion requirements just for conveyancing in Bromley.
Is there a search tool that I can use to discover of the solicitor handling my conveyancing in Bromley is on the bank’sapproved panel? I am looking to avoid the situation of having one lawyer for me and one for Yorkshire Building Society thus paying £175.00 in supplemental legal charges.
Feel free to make use of the search tool on this site. Pick the lender and type ‘Bromley’ or your location and you will discover numerous conveyancers based in Bromley or by proximity to you.
Me and my brother purchased a 4 bedroom Georgian house in Bromley. Conveyancing solicitor represented me and Barclays Direct. I happened to do a free search for it on the Land Registry database and there are a couple of entries: the first freehold, the second leasehold under the exact same address. If a house is not a freehold shouldn't I have been informed?
You should assess the Freehold register you have again and check the Charges Register for mention of a lease. The best way to be sure that you are also the registered owner of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Bromley and other locations in the country and poses no real issues for owners other than when they sell they have to account for both freehold and leasehold interests when dealing with purchasers. You can also question the situation with the conveyancing solicitor who completed the work.
I am buying my first flat in Bromley with a mortgage from Yorkshire Building Society. The builders would not budge the price so I negotiated £7000 of additionals instead. The estate agent told me not disclose to my lawyer about the side-deal as it could impact my loan with the lender. Is this normal?.
All lenders require a Disclosure of Incentives Form from the builder 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.
Is it best to go with a Bromley conveyancing practitioner in close proximity to the house I am buying? I have an old university friend who can deal with the legal formalities but his firm is located approximately 350kilometers drive away.
The benefit of a local Bromley conveyancing firm is that you can drop in to sign paperwork, hand in your ID and apply pressure on them if necessary. They will also have local intelligence which is a benefit. However nothing is more important than finding someone that will do a good and efficient job. If if people you trust instructed your friend and on the whole were happy that should surpass using an unfamiliar Bromley conveyancing solicitor just because they are based in the area.
I own a leasehold flat in Bromley. Conveyancing and Accord Mortgages Ltd mortgage are in place. I have received a letter from someone saying they have taken over the freehold. Attached was a ground rent demand for rent dating back to 1998. The conveyancing solicitor in Bromley who previously acted has long since retired. What should I do?
First contact HMLR to be sure that this person is in fact the registered owner of the freehold reversion. It is not necessary to incur the fees of a Bromley conveyancing firm to do this as you can do this on the Land Registry website for less than a fiver. Rest assured that in any event, even if this is the legitimate landlord, under the Limitation Act 1980 no more than 6 years of rent can be collected.
I have tried to negotiate informally with with my landlord for a lease extension without success. Can the Leasehold Valuation Tribunal adjudicate on such matters? Can you recommend a Bromley conveyancing firm to act on my behalf?
You certainly can. We are happy to put you in touch with a Bromley conveyancing firm who can help.
An example of a Lease Extension decision for a Bromley property is 70 Andace Park Gardens 133-149 Widmore Road in November 2013. Tribunal determined that the premium payable for the lease extension was £10,052 This case was in relation to 1 flat. The remaining number of years on the lease was 72 years.