Completed the sale of my flat in Caterham last January yet the purchaser is texting me to moan that his conveyancer is waiting to hear from myconveyancer. What are the post completion sale legalities now that I have sold?
Following your sale your conveyancer is duty bound to deliver the transfer documentation and all supplemental paperwork to the buyer’s solicitors. Where appropriate, your conveyancer should also send confirmation that the legal charge in favour of the lender has been paid off to the buyers lawyers. There are no post completion requirements peculiar conveyancing in Caterham.
We are planning to purchase with Melton Mowbray Building Society. We have called around locally but am unable to find a Caterham conveyancing firm on the Melton Mowbray Building Society approved list. Please you assist?
Feel free to make the most of the search tool on this page. Pick the mortgage company and type Caterham or your location and you will discover numerous conveyancers offices in Caterham or near you.
I am buying a new build flat in Caterham. 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.
Here is a sample of a few leasehold new build enquiries that you may expect your new-build leasehold conveyancing in Caterham
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Investor purchasers must be able to freely grant unsecured tenancies at market rents without requiring any consents. Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose? The Landlord must covenant to assume the management if the Management Company goes into liquidation or otherwise defaults in running the management scheme. Please provide evidence that the form of Lease proposed has been approved by the Land Registry.
Should I be wary about third parties that I am dealing with are suggesting a web based conveyancing firm rather than a local Caterham conveyancing firm?
As is the case with lots of professional services, often referrals from family and friends can be worth their weight in gold. Nevertheless there are numerous players in a conveyancing deal; estate agents, mortgage brokers and mortgage companies may recommend conveyancers to retain. Sometimes the solicitors might be known to one of the organisations as being good in their field, but sometimes there exists a financial incentive behind the endorsement. You have the right to select your own conveyancer. Don't forget that most lenders have an approved list of conveyancers you have to use for the lender aspect of your conveyancing.
My husband and I may need to rent out our Caterham ground floor flat temporarily due to taking a sabbatical. We instructed a Caterham conveyancing firm in 2001 but they have closed and we did not think at the time seek any guidance as to whether the lease prohibits the subletting of the flat. How do we find out?
Even though your last Caterham conveyancing lawyer is not around you can check your lease to see if you are permitted to let out the apartment. The rule is that if the lease is non-specific, subletting is allowed. Quite often there is a prerequisite that you must obtain permission via your landlord or other appropriate person before subletting. This means you not allowed to sublet in the absence of first obtaining consent. The consent should not be unreasonably turned down. If the lease prohibits you from letting out the property you should ask your landlord if they are willing to waive this restriction.
After years of correspondence we simply can't agree with our landlord on how much the lease extension should cost for our flat in Caterham. Does the Leasehold Valuation Tribunal have jurisdiction to calculate the appropriate figures?
Most certainly. We can put you in touch with a Caterham conveyancing firm who can help.
An example of a Freehold Enfranchisement case for a Caterham property is 223 Brighton Road in September 2013. The premium payable for the acquisition freehold of the properties should be £10,934 (Ten thousand,nine hundred and thirty four pounds) This case related to 3 flats. The unexpired lease term was 75 years.
We are in the middle of purchasing a property in Caterham. Conveyancing solicitor has told us the property is "Leasehold". Does this impact the marketability of the house?
Caterham conveyancing does not ordinarily involve leasehold houses. The key factor here is the length of lease and the ground rent. If it's 999 years with a peppercorn rent, it's almost the same as freehold, so it’s unlikely to impact the marketability too much.
At the other extreme, if it's, say, Sixty years it will have a adverse effect on the saleability, and probably wouldn't be mortgageable. The length of lease and ground rent will be stated in the lease to be supplied to your lawyer.