Completed the sale of my flat in Killingworth last May but my buyer keeps telephoning every few hours to say her solicitor is waiting to hear from mine. What should my lawyer have done following completion?
After completion of your disposal your conveyancer is duty bound to forward the transfer deeds and all supplemental paperwork to the purchaser's solicitors. If applicable, your lawyer must also send confirmation that the legal charge in favour of the lender has been discharged to the purchasers lawyers. There are no post completion tasks specific conveyancing in Killingworth.
2 months have elapsed since my purchase conveyancing in Killingworth took place. I have checked the Land Registry website which shows that I paid £150,000 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.
Taking into account that I will soon part with hundreds of thousands of pounds on a terraced house in Killingworth I would like to have a conversation with the solicitor concerning thetransaction in advance of instructing the firm. Can this be arranged?
Absolutely - it is our preference to talk to you we do not take any clients on without you speaking to the lawyer who will be doing your conveyancing in Killingworth.There is no ‘factory style conveyancing’ - each client is an important individual, not a matter reference. The law firms that we put you in touch with believe that the fees you are quoted for residential conveyancing in Killingworth should be the amount on the final invoice that you end up paying.
My husband and I are first time buyers - had an offer accepted, but the agent advised that the owners will only proceed if we appoint their preferred lawyers as they want a ‘quick sale’. Our preferred option is to instruct a family conveyancer who is accustomed to conveyancing in Killingworth
We suspect that the owner is unaware of this request. If they require ‘a quick sale', turning down a motivated buyer is is going to put the whole deal at risk. Speak to the vendors direct and make the point that (a)you are genuine purchasers (b)you are excited to move forward, with finances in place © you have nothing to sell (d) you intend to proceed fast (e)but you are going to use your own,trusted Killingworth conveyancing firm - rather thanthe ones that will earn the estate agent a kickback or achieve conveyancing figures pre-set by senior management.
I only have 68 years unexpired on my lease in Killingworth. I now wish to get lease extension but my freeholder is can not be found. What are my options?
On the basis that you meet the appropriate requirements, under the Leasehold Reform, Housing and Urban Development Act 1993 you can submit an application to the County Court for an order to dispense with the service of the initial notice. This will mean that your lease can be extended by the Court. However, you will be required to demonstrate that you have done all that could be expected to locate the lessor. On the whole an enquiry agent may be helpful to conduct investigations and to produce an expert document which can be used as proof that the freeholder is indeed missing. It is wise to seek advice from a solicitor both on investigating the landlord’s disappearance and the application to the County Court overseeing Killingworth.
Leasehold Conveyancing in Killingworth - Sample of Queries before buying
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The answer will be important as a) areas may cause problems for the block as the common areas may start to deteriorate where repairs remain unpaid b) if the tenants have an issue with the running of the building you will want to have complete disclosure Best to be warned whether changing the roof or some other significant cost is pending that will be shared between the tenants and will dramatically impact the level of the maintenance fees or require a one time invoice. Does this lease have more than 85 years left?
My partner and I are acquiring a 2 bedroom flat in Killingworth. At the time of instructing our lawyer, we were told they were on all major UK mortgage company panels. Our mortgage broker called today to advise that they don't seem to be on the Nottingham approved list. Should that be true, what should we do? Should we simply find a different property lawyer that is on their approved list or should we pay for separate representation, with Nottingham appointing their own preferred conveyancing practitioner.
When purchasing a property with mortgage finance it is conventional for the buyer’s solicitors to also act for the mortgage company. In order to act for a bank or building society a solicitor has to be on that lender's conveyancing panel. An application has to be made by the property lawyer to the lender to become a member of the lender's panel and there are increasingly strict conditions which the conveyancer has to meet. Some mortgage companies now insist their panel firms to be part of the Law Society’s Conveyancing Quality Scheme. Your lawyer should call Nottingham and see if they can apply for membership of their conveyancing panel, but if that is not viable they will instruct their own solicitors to act. You are not legally obliged to appoint a law firm on Nottingham's conveyancing panel and you may continue to use your own Killingworth solicitors, in which case your legal fees may increase, and it will likely delay the transaction as you have another set of people involved.