Completed the sale of my flat in Kinmel Bay last June but my buyer keeps calling every few hours complaining that her conveyancer is waiting to hear from mine. What are the post completion sale legalities now that I have sold?
Following your house sale your lawyer is committed to deliver the transfer documentation and all supplemental paperwork to the buyer’s conveyancer. Depending on the transaction, your solicitor must also send confirmation that the mortgage has been redeemed to the buyers solicitors. There is unlikely to be post completion requirements just for conveyancing in Kinmel Bay.
I have 7378 less than 75 years left on my lease and require a lease extension for my flat in Kinmel Bay. Conveyancing solicitors on the Tesco Bank panel can deal with such extensions right?
Most leasehold conveyancing experts should be able to deal with a lease extension. if you are getting a mortgage then your lender may insist that the lease be extended before competition. Tesco Bank have specific requirements as set out in the UK Finance Lenders’ Handbook in relation to minimum unexpired lease terms. As of 25/12/2024 the requirements read as follows :
I need some fast conveyancing in Kinmel Bay as I am under pressure to exchange contracts in less than one month. Luckily I do not require a mortgage. Is it possible to escape the need for conveyancing searches to save money and time?
As you are not getting a mortgage you are at free not to have searches carried out although no law firm would recommend that you don't. With plenty of history conveyancing in Kinmel Bay the following are examples of issues that can be revealed and adversely impact future saleability: Refused Planning Applications, Overdue Charges, Outstanding Grants, Road Schemes,...
I own a terraced Edwardian house in Kinmel Bay. Conveyancing practitioner represented me and Nottingham Building Society. I happened to do a free search for it on the Land Registry database and there are two entries: one for freehold, another for leasehold with the matching address. I'd like to know for sure, how can I find out??
You should assess the Freehold register you have again and check the Charges Register for 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 Kinmel Bay and other areas of the country and poses no real issues for owners other than when they buy they have to account for both freehold and leasehold interests when dealing with lenders. You can also enquire as to the situation with the conveyancing solicitor who carried out the work.
I am purchasing a new build house in Kinmel Bay with a loan from Halifax. The developers would not move on the amount so I negotiated £7000 of extras instead. The property agent advised me not to tell my solicitor about this deal as it will jeopardize my loan with Halifax. Is this normal?.
All lenders require a Disclosure of Incentives Form from the developer of any new build, converted or renovated property, It is available online from the Lenders’ Handbook page on the CML website. CML form is completed and handed to the lender's surveyor when the inspection is done.
Lenders have different policies on incentives. Some accept none at all, cash or physical, while others will accept cash incentives up to 5%.
Hard to understand why the representative of a builder would be suggesting you withold information from a solicitor when all this will be clearly visible on forms the builder has to supply to its solicitor, the buyer's solicitor and the surveyor.
Are all Kinmel Bay law firms on every lender conveyancing panel?
You can use our search tool or you can go into your high street lender branch in Kinmel Bay. Chances are that they will know some good conveyancing solicitors in Kinmel Bay