Finally the sale completed on my house in Forest Row last January but the buyer keeps calling every few hours to moan that his solicitor is waiting to hear from mine. What should have happened following completion?
Post completion of your house sale your lawyer is committed to forward the transfer deeds and all additional paperwork to the purchaser's conveyancer. Depending on the transaction, your conveyancer must also confirm that the legal charge in favour of the lender has been repaid to the buyers solicitors. There are no post completion tasks unique to conveyancing in Forest Row.
I have decided to exercise my right to buy my property in Forest Row off the council. I have a mortgage offer with Lloyds. Conveyancing is not something I have any knowledge of. Can I proceed without a solicitor easily? I think we can but we keep being told I should use one. Any advice?
It is not advisable to proceed with a house purchase without a solicitor. The council's solicitor are not acting for you. You need a solicitor for a number reasons. One of which is to verify what plans the Council have for repairs and refurbishment for the next five years. Many leaseholders have been stung for contributions of thousands of pounds. In any event, if you are getting a mortgage with Lloyds, you will need to appoint a solicitor on the Lloyds conveyancing panel.
The formalities of my remortgage has taken place for my property in Forest Row. Conveyancing was of an acceptable standard but I would like to complain about the lender. Who do I contact should I wish to lodge a complaint?
Most lenders have complaints procedures. Your first port of call should be one of the lender’s branches or the Customer Services Team at head office. Ordinarily complaints to a lender are sorted out very quickly. However if you are not satisfied that the matter is not resolved you can write to Financial Ombudsman Service with full details of your complaint.
After months of negotiation I have agreed a price on an apartment in Forest Row. My mortgage broker pressured me to appoint their solicitor. I paid an advanced payment of £225. A few days later, the property lawyer contacted me embarrassingly acknowledging that they were not on the TSB conveyancing panel. Am I right in thinking that I should be due a refund?
You should be able to recover this from the law firm if they were not on the TSB panel. They should have asked at the outset which lender you were obtaining a mortgage with. An important lesson to readers of this site is to check that the lawyers are on the appropriate lender panel.
Are there restrictive covenants that are commonly picked up during conveyancing in Forest Row?
Covenants that are restrictive in nature can be picked up when reviewing land registry title as part of the legal transfer of property in Forest Row. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’
What is different about your site and alternative online quote calculators for conveyancing in Forest Row?
At this site secure an accurate quote via a Solicitor or Licensed Conveyancer that appreciates the nuances for your conveyancing in Forest Row. As opposed to estate agents and many comparison sites we do not have commission deals with solicitors. Many agents and online brokers 'recommend' solicitors who pay the highest kickback, not the best value conveyancing in Forest Row
I need to instruct a conveyancing solicitor for some conveyancing in Forest Row. I've land on a site which looks to be the ideal solution If there is a chance to get all this stuff completed via phone that would be preferable. Should I be concerned? What are the potential pitfalls?
As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?
I am employed by a busy estate agent office in Forest Row where we see a number of flat sales put at risk as a result of leases having less than 80 years remaining. I have received conflicting advice from local Forest Row conveyancing firms. Could you shed some light as to whether the vendor of a flat can commence the lease extension process for the purchaser on completion of the sale?
As long as the seller has been the owner for at least 2 years it is possible, to serve a Section 42 notice to start the lease extension process and assign the benefit of the notice to the purchaser. The benefit of this is that the buyer need not have to sit tight for 2 years to extend their lease. Both sets of lawyers will agree to form of assignment. The assignment has to be done before, or at the same time as completion of the sale.
An alternative approach is to agree the lease extension with the freeholder either before or after the sale. If you are informally negotiating there are no rules and so you cannot insist on the landlord agreeing to grant an extension or transferring the benefit of an agreement to the purchaser.
Forest Row Leasehold Conveyancing - Examples of Queries Prior to buying
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Who is in charge of the building? It is important to be aware if a new roof is being installed or some other major work is pending to be shared between the leasehold owners and will materially impact the level of the service fees or require a specific payment. How many years are left on the lease?