Finally the sale completed on my house in Grasmere last May but my buyer keeps SMS messaging me complaining that their conveyancer needs to hear from mine. What should have happened following completion?
After completion of your sale your conveyancer is committed to send the transfer deeds and all supplemental paperwork to the buyer’s lawyers. If applicable, your solicitor should also confirm that the home loan has been redeemed to the purchasers solicitors. There are no post completion tasks just for conveyancing in Grasmere.
How can we know in advance if a Grasmere conveyancing solicitor on the Skipton panel is any good?
When it comes to conveyancing in Grasmere getting recommendations is a sensible start. Before you go ahead, check if they offer a no sale no fee offer. Also, you often get what you pay for - a firm which quotes more, will often provide a better service than one which is cheap as chips. We would always suggest that you speak with the lawyer handling your conveyancing.
We are getting the release of further monies on our home loan from Nationwide as we want to carry out alterations to our property in Grasmere. Do we need to select a nearby Grasmere solicitor on the Nationwide conveyancing panel to deal with the paperwork?
Nationwide don't usually appoint a member of their conveyancing panel to handle the formalities. If they do require any legal work then you would need to ensure that such a lawyer was on the Nationwide list.
I have paid off my mortgage with Bank of Ireland. I assume I don't need a Grasmere conveyancing practitioner on the Bank of Ireland panel to discharge the mortgage at the Land Registry. Am I right?
If you have finished paying off your Bank of Ireland mortgage, they may send you evidence showing that you have paid it off. Alternatively they may notify the Land Registry directly. The Land Registry need to see this evidence before they will remove the Bank of Ireland mortgage from the register. Bank of Ireland, and any evidence they send you, will determine the action you need to take. In cases where no conveyancer is acting for you and you have paid off your mortgage:
- but are not moving to another property
- where Bank of Ireland has sent the Land Registry the discharge electronically, and
- Bank of Ireland has instructed the Land Registry to do so
Will commercial conveyancing searches reveal planned roadworks that may impact a commercial property in Grasmere?
Many commercial conveyancing solicitors in Grasmere will order a SiteSolutions Highways report as it reduces the time that conveyancers invest in researching accurate data on highways that impact buildings and development assets in Grasmere. The search result sets out definitive data on the adoption status of roads, footpaths and verges, as well as the implication of traffic schemes and the rights of way surrounding a commercial development sites in Grasmere.
For each commercial conveyancing transaction in Grasmere it is crucial to investigate the adoption status of roads surrounding a site. Failure to identify developments where adoption procedures have not been addressed adequately may result in delays to Grasmere commercial conveyancing deals as well as pose a risk to future plans for the site. These searches are not carried out for residential conveyancing in Grasmere.
I have a renovated Edwardian house in Grasmere. Conveyancing solicitor acted for me and Norwich and Peterborough Building Society. I happened to do a free search for it on the Land Registry database and there are a couple of entries: one for freehold, another for leasehold with the matching 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 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 Grasmere 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 mortgage companies. You can also check the position with your conveyancing lawyer who conducted the purchase.
I am looking to sell my home. My past solicitors closed down. I am in need of a recommendation of a conveyancing firm. Im based in Grasmere if that affects matters.
Please use our search tool to help you choose a solicitor for your conveyancing in Grasmere. We have connected thousands of home buyers and sellers with regulated solicitors to ensure that the legalities of their house move goes with a minimum of fuss.
I am looking at a couple of apartments in Grasmere which have approximately forty five years left on the lease term. Will this present a problem?
There are plenty of short leases in Grasmere. The lease is a right to use the property for a prescribed time frame. As a lease shortens the saleability of the lease reduces and it becomes more expensive to acquire a lease extension. For this reason it is generally wise to extend the lease term. More often than not it is difficult to sell a property with a short lease because mortgage lenders may be reluctant to lend money on such properties. Lease extension can be a protracted process. We recommend you get professional help from a solicitor and surveyor with experience in this field.
I bought a garden flat in Grasmere, conveyancing having been completed July 2004. Can you let me have an estimated range of the fair premium for a lease extension? Comparable flats in Grasmere with a long lease are worth £260,000. The average or mid-range amount of ground rent is £45 invoiced annually. The lease runs out on 21st October 2100
You have 74 years remaining on your lease the likely cost is going to span between £8,600 and £9,800 plus costs.
The suggested premium range above a general guide to costs for renewing a lease, but we cannot give you a more accurate figure without more comprehensive due diligence. You should not use this information in a Notice of Claim or as an informal offer. There may be other issues that need to be considered and you obviously want to be as accurate as possible in your negotiations. Neither should you move forward placing reliance on this information before getting professional advice.