Finally the sale completed on my house in Gerrards Cross last April but the buyer keeps whats apping me to moan that their lawyer needs to hear from mine. What are the post completion sale legalities now that I have sold?
Following your house sale your solicitor is obliged to forward the transfer documentation and all of the paperwork to the buyer’s solicitors. Where appropriate, your lawyer should also confirm that the mortgage has been repaid to the purchasers solicitors. There are no post completion procedures specific conveyancing in Gerrards Cross.
Are there restrictive covenants that are commonly identified during conveyancing in Gerrards Cross?
Covenants that are restrictive in nature can be picked up when reviewing land registry title as part of the legal transfer of property in Gerrards Cross. 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…’
The estate agent has sent us the confirmation of our purchase of a new build flat in Gerrards Cross. Conveyancing is a frightening process at the best of times but I have never purchased a new build flat before. What sort of enquires would be asked in new build legal work.
Here are examples of a few leasehold new build questions that you may expect your new-build leasehold conveyancing in Gerrards Cross
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Forfeiture - bankruptcy or liquidation must not apply under this provision. The Lease must contain a provision on behalf of the Vendor to pay the service charges in respect of unoccupied units in order to ensure that all services can be provided. Please supply a car parking plan. 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.
I have been on the look out for a ground for flat up to £245,000 and found one round the corner in Gerrards Cross I like with amenity areas and station nearby, however it's only got 52 years unexpired on the lease. I can't really find anything else in Gerrards Cross for this price, so just wondered if I would be making a grave error purchasing a lease with such few years left?
Should you require a mortgage the shortness of the lease may be problematic. Discount the price by the anticipated lease extension will cost if it has not already been discounted. If the current owner has owned the premises for a minimum of 2 years you could ask them to start the process of the extension and pass it to you. An additional ninety years can be extended on to the existing lease and have £0 ground rent by law. You should consult your conveyancing lawyer about this matter.
As co-executor for the will of my uncle I am selling a property in Monmouth but I am based in Gerrards Cross. My conveyancer (approximately 250 miles awayrequires that I sign a stat dec ahead of completion. Can you recommend a conveyancing solicitor in Gerrards Cross to attest and place their company stamp on the document?
Technically speaking you should not need to have the documents witnessed by a conveyancing solicitor. Ordinarily or notary public or qualified solicitor will do regardless of whether they are Gerrards Cross based
I’m about to sell my ground floor flat in Gerrards Cross. Conveyancing is yet to be initiated, however I have recently had a quarterly maintenance charge demand – Do I pay up?
It best that you clear the service charge as you normally would as all rents and service charges will be apportioned on completion, so you will be reimbursed by the purchaser for the period running from after the completion date to the next payment date. Most managing agents will not acknowledge the buyer unless the service charges have been paid and are up to date, so it is important for both buyer and seller for the seller to show that they are up to date. Having a clear account will assist your cause and will leave you no worse off financially.
I have tried to negotiate informally with with my landlord to extend my lease without getting anywhere. Can a leaseholder apply to the Leasehold Valuation Tribunal? Can you recommend a Gerrards Cross conveyancing firm to act on my behalf?
if there is a absentee landlord or where there is disagreement about what the lease extension should cost, under the relevant statutes you can apply to the LVT to decide the price payable.
An example of a Lease Extension case for a Gerrards Cross premises is Flats 8, 11 and 15 Craigmore Court 46 Murray Road in December 2013. The tribunal held that the price payable by the Applicant tenant of Flat 8 to acquire an extended lease shall be £26,438 plus £1 to the intermediate lessee . The tribunal held that the price payable by the Applicant tenants of Flat 11 to acquire an extended lease shall be £26,791 plus £1 to the intermediate lessee. The tribunal held that the price payable by the Applicant tenant of Flat 15 to acquire an extended lease shall be £26,638 plus £1 to the intermediate lessee . This case related to 3 flats. The unexpired term was 71 years.