I have just been advised by my lender that my Catton lawyer is not on the bank Solicitor panel. How can I be sure if this is correct?
The first thing you need to do is to call your Catton lawyer directly. It is reasonable to expect your lawyer to inform you what has happened. Where they are not on the panel they could put your in touch with solicitors on the approved list of lawyers for your lender.
Having sold my house in Catton last November yet the purchaser is texting daily to moan that their conveyancer is waiting to hear from mysolicitor. What are the post completion sale formalities following completion?
Post completion of your house sale your conveyancer should send the transfer deeds and all supplemental paperwork to the purchaser's lawyers. Where appropriate, your lawyer should also send confirmation that the mortgage has been redeemed to the purchasers conveyancers. There is unlikely to be post completion procedures unique to conveyancing in Catton.
Me and my brother have a 4 bedroom Georgian house in Catton. Conveyancing lawyer represented me and Barclays . I happened to do a free search for it on the Land Registry database and I saw two entries: one for freehold, the second leasehold under the matching property. If a house is not a freehold shouldn't I have been informed?
You should review 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 Catton and other areas of the country and poses no real issues for owners other than when they mortgage they have to account for both freehold and leasehold interests when dealing with buyers. You can also question the situation with your conveyancing solicitor who conducted the purchase.
Over the last few months I have been searching for a flat up to £305k and found one near me in Catton I like with open areas and railway links nearby, however it's only got 52 remaining years left on the lease. There is not much else in Catton for this price, so just wondered if I would be making a grave error buying a short lease?
If you need a home loan the remaining unexpired lease term will likely be an issue. Discount the price by the expected lease extension will cost if not already taken into account. If the current proprietor has owned the property for at least 2 years you may ask them to start the process of the extension and then assign it to you. You can add 90 years to the current lease term with a zero ground rent applied. You should consult your conveyancing solicitor about this matter.
What does commercial conveyancing in Catton cover?
Catton conveyancing for business premises incorporates a wide range of guidance, offered by regulated solicitors, relating to business premises. For example, this area of conveyancing can cover the sale or purchase of freehold business premises or, more commonly, the assignment of existing business tenancies or the drafting of new leasing arrangements. Commercial conveyancing solicitors can also offer advice on the sale of business assets, commercial mortgages and the termination of leases.
Due to complete next month on a basement flat in Catton. Conveyancing solicitors have said that they are sending me a report tomorrow. What should I be looking out for?
Your report on title for your leasehold conveyancing in Catton should include some of the following:
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Whether the landlord has obligations to ensure rights of quiet enjoyment over your property and do you know what it means in practice? Whether your lease has a provision for a reserve account for major works? You should be sent a copy of the lease The total extent of the premises. This will be the property itself but may incorporate a attic or storage are if appropriate. Repair and maintenance of the property
Leasehold Conveyancing in Catton - Sample of Queries before buying
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On the whole the outlay for major works tend not to be included within maintenance charges, although some managing agents in Catton ask tenants to contribute towards a sinking fund created for the specific intention of establishing a fund for larger works. It is important to be aware whether window replacement or some other significant cost is due shortly that will be shared between the tenants and will materially impact the level of the service costs or require a specific invoice. What is the service charge and ground rent on the flat?