Having sold my house in Hurst Green last September yet the purchaser is e-mailing every few hours to moan that his solicitor needs to hear from mine. What are the post completion sale formalities following completion?
After completion of your house sale your solicitor is duty bound to forward the transfer documentation and all supplemental paperwork to the purchaser's conveyancer. If applicable, your solicitor should also confirm that the mortgage has been redeemed to the buyers lawyers. There are no post completion tasks just for conveyancing in Hurst Green.
How does conveyancing in Hurst Green differ for newly converted properties?
Most buyers of new build or newly converted property in Hurst Green contact us having been asked by the developer to exchange contracts and commit to the purchase even before the residence is completed. This is because developers in Hurst Green tend to acquire the land, 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 property lawyers 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 used to new build conveyancing in Hurst Green or who has acted in the same development.
Over the last few months I have been searching for a flat up to £245,000 and found one near me in Hurst Green I like with amenity areas and station in the vicinity, however it's only got 61 years unexpired on the lease. I can't really find anything else in Hurst Green suitable, so just wondered if I would be making a grave error purchasing a short lease?
If you need a mortgage that many years will likely be an issue. Reduce the offer by the amount the lease extension will cost if it has not already been discounted. If the existing owner has owned the property for at least 2 years you can request that they commence the lease extension formalities and pass it to you. An additional ninety years can be extended on to the existing lease with a zero ground rent applied. You should speak to your conveyancing solicitor about this.
Given that I will soon spend £400,000 on a two bedroom apartment in Hurst Green I would like to have a conversation with the solicitor concerning theconveyancing ahead of appointing the firm. Can this be arranged?
This is something that we recommend - we would be happy to talk to you we do not take any clients on without you liaising with the conveyancer who will be conducting your conveyancing in Hurst Green.There is no ‘factory style conveyancing’ - every client is unique individual, not a file reference. The law firms that we put you in touch with believe that the fees you are quoted for residential conveyancing in Hurst Green should be the amount on the final invoice that you end up paying.
I am thinking of appointing a conveyancing solicitor in Hurst Green for my remortgage. Is it possible to review a firm’s complaints history with the legal regulator?
One may read published Solicitor Regulator Association (SRA) decisions arising from investigations started on or after 1 January 2008. Go to Check a solicitor's record. For information about the period before 1 January 2008, or to check a firm's record, ring 0870 606 2555, 08.00 - 18.00 any week day save for Tuesday when lines open at 9.30am. International callers, dial +44 (0)121 329 6800. The regulator sometimes recorded call for training requirements.
I am on look out for some leasehold conveyancing in Hurst Green. Before I set the wheels in motion I want to be sure as to the unexpired term of the lease.
If the lease is recorded at the land registry - and most are in Hurst Green - then the leasehold title will always include the short particulars of the lease, namely the date; the term; and the original parties. From a conveyancing perspective such details then enable any prospective buyer and lender to confirm that any lease they are looking at is the one relevant to that title. For any other purpose, such as confirming how long the term was granted for and calculating what is left, then the register should be sufficient on it's own.
Hurst Green Conveyancing for Leasehold Flats - Examples of Queries before Purchasing
-
How much is the ground rent and service charge? Does the lease contain onerous restrictions? It is important to be aware if a new roof is being put on or some other major work is due in the foreseeable future to be shared by the tenants and may well dramatically impact the level of the service charges or necessitate a specific invoice.