Completed the sale of my flat in Knebworth last April yet the purchaser is SMS messaging daily to moan that his lawyer is waiting to hear from mine. What are the post completion sale legalities following completion?
Following your sale your conveyancer should deliver the transfer documentation and all additional paperwork to the buyer’s solicitors. If applicable, your conveyancer should also evidence that the home loan has been discharged to the buyers solicitors. There is unlikely to be post completion steps just for conveyancing in Knebworth.
Will my solicitor be raising enquiries regarding flooding as part of the conveyancing in Knebworth.
The risk of flooding is if increasing concern for lawyers specialising in conveyancing in Knebworth. Plenty of people will buy a property in Knebworth, fully aware that at some time, it may be flooded. However, leaving to one side the physical damage, where a house is at risk of flooding, it may be difficult to obtain a mortgage, suitable building insurance, or sell the premises. Steps can be carried out during the course of a house purchase to forewarn the buyer.
Solicitors are not best placed to give advice on flood risk, but there are a various searches that can be carried out by the purchaser or on a buyer’s behalf which can give them a better appreciation of the risks in Knebworth. The conventional set of property information forms given to a purchaser’s conveyancer (where the Conveyancing Protocol is adopted) incorporates a standard question of the seller to discover if the property has suffered from flooding. In the event that flooding has previously occurred and is not revealed by the vendor, then a purchaser may commence a claim for damages as a result of such an inaccurate reply. The purchaser’s conveyancers will also carry out an environmental search. This will higlight if there is any known flood risk. If so, further investigations should be made.
The deeds to my property are lost. The solicitors who dealt with the conveyancing in Knebworth 10 years ago no longer exist. Will I be able to sell the house?
Assuming the title is registered the information relating to your ownership will be evidenced by HMLR with a Title Number. It is easy to carry out a search at the Land Registry, identify your house and secure up to date copies of the Registered Entries for less than a fiver. If the property is Leasehold then the Land Registry will also normally retain a certified duplicate of the Registered Lease and again, a copy can be retrieved for a small fee.
I am selling my house. My former solicitors have shut. I would be grateful for any recommendation of a conveyancing firm. I happen to live in Knebworth if that makes a difference.
Please use our search tool to help you find a solicitor for your conveyancing in Knebworth. 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 need to find a conveyancing solicitor for sale conveyancing in Knebworth. I happened to stumble upon a web site which looks to be the perfect answer If there is a chance to get all this stuff completed via email that would be preferable. Should I be concerned? What are the potential pitfalls?
As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?
What are the common defects that you come across in leases for Knebworth properties?
There is nothing unique about leasehold conveyancing in Knebworth. All leases are unique and drafting errors can sometimes mean that certain clauses are wrong. The following missing provisions could result in a defective lease:
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Insurance obligations A provision to repair to or maintain elements of the property
You could encounter difficulties when selling your property if you have a defective lease as they can affect a potential buyer’s ability to obtain a mortgage. Birmingham Midshires, Barnsley Building Society, and Platform Home Loans Ltd all have express requirements when it comes to what is expected in a lease. Where a lender has been advised by their lawyers that the lease is problematic they may refuse to provide security, forcing the buyer to pull out.
I bought a 2 bed flat in Knebworth, conveyancing having been completed in 2011. Can you please calculate a probable premium for a statutory lease extension? Equivalent flats in Knebworth with over 90 years remaining are worth £191,000. The ground rent is £55 yearly. The lease expires on 21st October 2078
With just 53 years remaining on your lease the likely cost is going to range between £27,600 and £31,800 as well as professional fees.
The figure that we have given is a general guide to costs for renewing a lease, but we are not able to provide a more accurate figure in the absence of comprehensive investigations. Do not use the figures in a Notice of Claim or as an informal offer. There are no doubt other concerns that need to be taken into account and clearly you should be as accurate as possible in your negotiations. You should not move forward placing reliance on this information before seeking the advice of a professional.