Completed the sale of my flat in Cubitt Town last August yet the purchaser is whats apping me to moan that their solicitor is waiting to hear from mysolicitor. What are the post completion sale formalities following completion?
Post completion of your house sale your conveyancer is committed to send the transfer documentation and all supplemental paperwork to the purchaser's solicitors. Where appropriate, your conveyancer must also evidence that the mortgage has been discharged to the buyers lawyers. There are no post completion steps specific conveyancing in Cubitt Town.
We are selling our apartment in Cubitt Town. Will my property lawyer need to be on the Lloyds conveyancing panel in order to deal with redeeming my mortgage?
Ordinarily, even if your lawyer is not on the Lloyds conveyancing panel they can still act for you on your sale. It might be that the lender will not release the original deeds (if applicable and increasingly irrelevant) until after the mortgage is paid off. You should speak to your lawyer directly before you start the process though to ensure that there is no problem as lenders are changing their requirements fairly frequently currently.
I require quick conveyancing in Cubitt Town as I am under pressure to sign on the dotted line in less than 3 weeks. A mortgage is not required. Is it possible to avoid the conveyancing searches to save money and time?
If.Given you are not taking a mortgage you have the choice not to do searches although no law firm would recommend that you don't. With plenty of history conveyancing in Cubitt Town the following are instances of issues that can appear and adversely impact market value: Refused Planning Applications, Overdue Fees, Outstanding Grants, Railway Schemes,...
My wife and I have a 4 bedroom Edwardian property in Cubitt Town. Conveyancing lawyer acted for me and Skipton Building Society. I happened to do a free search for it on the Land Registry database and there are two entries: the first freehold, the second leasehold with the exact same address. If a house is not a freehold shouldn't I have been informed?
You need to read 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 Cubitt Town and other locations in 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 mortgage companies. You can also check the situation with your conveyancing lawyer who conducted the conveyancing.
Over the last few months I have been searching for a ground for flat up to £305k and found one round the corner in Cubitt Town I like with amenity areas and station in the vicinity, the downside is that it's only got 52 years on the lease. I can't really find anything else in Cubitt Town in this price bracket, so just wondered if I would be making a mistake purchasing a short lease?
Should you need a mortgage the shortness of the lease will be problematic. Reduce the price by the expected lease extension will cost if it has not already been discounted. If the existing owner has owned the property for a minimum of twenty four months you may ask them to commence the lease extension formalities and pass it to you. You can add 90 years to the existing lease and have £0 ground rent by law. You should consult your conveyancing solicitor regarding this.
My father has suggested that I appoint his conveyancing solicitors in Cubitt Town. Should I find my own solicitor?
Much as we are happy to recommend a Cubitt Town conveyancing lawyer it’s preferable to choose a conveyancing solicitor is to get recommendations from friends or family who have actually previously instructed the conveyancer that you are contemplating using.