Completed the sale of my flat in Griffithstown last December yet the purchaser is whats apping me to say her lawyer is waiting to hear from mine. What are the post completion sale legalities now that I have sold?
Following your house sale your conveyancer is duty bound to forward the transfer deeds and all of the paperwork to the buyer’s lawyers. Depending on the transaction, your conveyancer must also confirm that the mortgage has been paid off to the purchasers conveyancers. There is unlikely to be post completion tasks just for conveyancing in Griffithstown.
Should commercial conveyancing searches reveal impending roadworks that could impact a commercial property in Griffithstown?
Its becoming the norm that commercial conveyancing solicitors in Griffithstown will carry out a SiteSolutions Highways report as it reduces the time that conveyancers expend in investigating accurate data on highways that impact buildings and development assets in Griffithstown. 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 Griffithstown.
For every commercial conveyancing transaction in Griffithstown it is crucial to investigate the adoption status of roads surrounding a site. The absence of identifying developments where adoption procedures have not been dealt with adequately could result in delays to Griffithstown commercial conveyancing transactions as well as pose a risk to future plans for the site. These searches are not ordered for residential conveyancing in Griffithstown.
It has been four months following my purchase conveyancing in Griffithstown concluded. I have checked the Land Registry site which shows that I paid £175,000 when infact I paid £180,000. Why the discrepancy?
The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the residence from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.
How does conveyancing in Griffithstown differ for new build properties?
Most buyers of new build or newly converted property in Griffithstown come to us having been asked by the housebuilder to sign contracts and commit to the purchase even before the premises is constructed. This is because developers in Griffithstown typically acquire the site, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct conveyancers as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are accustomed to new build conveyancing in Griffithstown or who has acted in the same development.
As co-executor for the will of my father I am disposing of a property in Cardiff but reside in Griffithstown. My conveyancer (approximately 235 miles from mehas requested that I sign a stat dec prior to completion. Could you suggest a conveyancing practitioner in Griffithstown to witness this legal document for me?
strictly speaking you should not be required to have the documents witnessed by a conveyancing solicitor. Ordinarily any notary public or qualified solicitor will be fine regardless of whether they are Griffithstown based
I own a leasehold flat in Griffithstown. Conveyancing and TSB mortgage are in place. A letter has just been received from someone saying they have taken over the reversionary interest in the property. Attached was a ground rent demand for rent dating back to 1995. The conveyancing solicitor in Griffithstown who previously acted has long since retired. What should I do?
First make enquiries of HMLR to make sure that the individual claiming to own the freehold is in fact the registered owner of the freehold reversion. There is no need to instruct a Griffithstown conveyancing firm to do this as it can be done on-line for £3. You should note that regardless, even if this is the rightful landlord, under the Limitation Act 1980 the limitation period for recovery of ground rent is six years.
Griffithstown Leasehold Conveyancing - Examples of Queries Prior to Purchasing
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Is anyone aware of any major works in the near future that will likely add a premium to the maintenance costs? Please note if it is less than eighty years it will have adverse implications on the salability of the flat. It is worth checking with your lender that they are content with residual term of the lease. A short lease means that you will almost definitely need a lease extension at some point and you need to have some idea of what this would cost. For most Griffithstownlease extensions you will be required to have been the owner of the residence for two years before you are entitled to exercise a lease extension. It is important to be aware if redecorating or some other significant cost is pending that will be shared amongst the leasehold owners and will materially increase the the maintenance costs or necessitate a one off payment.