Completed the sale of my flat in Cannock last April but the buyer keeps SMS messaging daily to say their lawyer needs to hear from mysolicitor. What are the post completion sale formalities following completion?
Following your house sale your conveyancer is obliged to send the transfer deeds and all supplemental paperwork to the purchaser's solicitors. Where relevant, your lawyer should also confirm that the mortgage has been discharged to the buyers lawyers. There are no post completion steps peculiar conveyancing in Cannock.
My wife and I purchased a terraced Victorian house in Cannock. Conveyancing solicitor acted for me and HSBC Bank. I did a free Land Registry search last week and there are a couple of entries: one for freehold, the second leasehold with the exact same property. I'd like to know for sure, how can I find out??
You need to assess the Freehold register you have again and check the Charges Register as there may be 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 Cannock and other areas of the country and poses no real issues for owners other than when they buy they have to account for both freehold and leasehold interests when dealing with purchasers. You can also enquire as to the situation with your conveyancing lawyer who conducted the work.
What tools are available to identify a Cannock solicitor on the National Westminster Bank conveyancing panel? I drive a motor bike and am happy to travel upto 10kilometers to meet the solicitor.
You can use the tool on this page. Please pick a mortgage company and your location and you will see a number of Cannock conveyancing lawyers locally. We have detailed some Cannock conveyancing firms towards the end of this page and you can telephone them to see whether they are on the National Westminster Bank approved list
I am using a search engine for the words on line conveyancing in Cannock it shows results of numerous solicitorslocally. How do I determine which is the suitable conveyancing solicitor for the sale of my house?
The preferential method of seeking a suitable conveyancer is via personal testimonial, so enquire of colleagues and those you trust who have acquired a property in Cannock or the respected estate agent or financial adviser. Costs for conveyancing in Cannock vary, so it's sensible to secure a minimum of four fee estimates from varying types of conveyancers. Be sure to secure confirmation that the costs are guaranteed not to rise.
Back In 2009, I bought a leasehold house in Cannock. Conveyancing and Norwich and Peterborough Building Society mortgage went though with no issue. A letter has just been received from someone claiming to own the reversionary interest in the property. It included a ground rent demand for rent dating back to 1992. The conveyancing solicitor in Cannock who previously acted has long since retired. Do I pay?
The first thing you should do is make enquiries of the Land Registry to make sure that this person is indeed the registered owner of the freehold reversion. There is no need to instruct a Cannock conveyancing solicitor to do this as it can be done on-line for less than a fiver. Rest assured that in any event, even if this is the legitimate landlord, under the Limitation Act 1980 the limitation period for recovery of ground rent is six years.
Cannock Conveyancing for Leasehold Flats - Examples of Questions you should consider before buying
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How is the lease structured? How long is the Lease? This question is useful as a) areas can result in problems in the block as the common areas may start to deteriorate if repairs are not paid for b) if the leaseholders have a dispute with the running of the building you will want to have all the details
My wife and I are acquiring a studio flat in Cannock. At the point of instructing our property lawyer, they assured us that they were on all mainstream bank panels. The mortgage broker emailed yesterday to say that they don't seem to be on the Yorkshire BS approved list. If it turns out to be true, what should we do? Do we simply pick a new solicitor that is on their approved list or do we cover the costs for separate representation, with Yorkshire BS appointing their own preferred conveyancer.
When acquiring a property with the benefit of a mortgage it is standard for the buyer’s solicitors to also represent the mortgage company. In order to act for a bank or building society a solicitor has to be on that lender's list of approved lawyers. An application has to be made by the property lawyer to the lender to become a member of the lender's panel and there are increasingly strict criteria which the conveyancer has to satisfy. Some mortgage companies now require their panel firms to be part of the Law Society’s Conveyancing Accreditation Scheme. Your property lawyer should contact Yorkshire BS to find out if they can apply for membership of their conveyancing panel, but if that is not viable they will instruct their own solicitors to act. You don't have to instruct a firm on Yorkshire BS's conveyancing panel and you may continue to use your own Cannock solicitors, in which case it will likely add costs, and it may delay matters as you have another set of people involved.