Completed the sale of my flat in Long Ashton last March but the buyer keeps SMS messaging every few hours complaining that their lawyer needs to hear from mine. What should my lawyer have done now that I have sold?
Post completion of your disposal your solicitor should forward the transfer documentation and all supplemental paperwork to the buyer’s lawyers. Where relevant, your conveyancer must also send confirmation that the home loan has been repaid to the buyers solicitors. There are no post completion requirements unique to conveyancing in Long Ashton.
I own a semi-detached Georgian house in Long Ashton. Conveyancing solicitor represented me and Halifax. I happened to do a free search for it on the Land Registry database and I saw a couple of entries: one for freehold, the second leasehold under the exact same address. I thought I was buying a freehold how can I check?
You need to assess the Freehold register you have again and check the Charges Register as there may be mention of a lease. The best way to be sure that you are also the registered proprietor of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Long Ashton and other locations in the country and poses no real issues for owners other than when they sell they have to account for both freehold and leasehold interests when dealing with mortgage companies. You can also check the position with your conveyancing practitioner who conducted the purchase.
I am buying a new build apartment in Long Ashton. Conveyancing is necessary evil at the best of times but I have never purchased a new build flat before. What sort of enquires would be asked in new build legal work.
Set out below is a sample of a selection of leasehold new build enquiries that you should expect your new-build leasehold conveyancing in Long Ashton
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Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose? If there are lifts in the building, please confirm that the owners of flats on the ground and basement floors will not be required to contribute towards the cost of maintenance and renewal. Will control of the Management Company (if any) be handed over to purchasers on completion of the last sale or earlier? Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company? Investor purchasers must be able to freely grant unsecured tenancies at market rents without requiring any consents.
I am downsizing from my house. My past conveyancers have shut. I am in need of a recommendation of a conveyancing firm. I happen to live in Long Ashton if that affects matters.
You should use our search tool to help you find a solicitor for your conveyancing in Long Ashton. We have connected thousands of home buyers and sellers with regulated solicitors to ensure that the legalities of their house move goes smoothly.
I am looking at a couple of maisonettes in Long Ashton both have about forty five years remaining on the leases. should I be concerned?
There are no two ways about it. A leasehold apartment in Long Ashton is a wasting asset as a result of the reducing lease term. The closer the lease gets to its expiry date, the more it adversely affects the salability of the premises. The majority of purchasers and lenders, leases with under eighty years become less and less attractive. On a more positive note, leaseholders can extend their leases by serving a Section 42 Notice. One stipulation is that they must have owned the property for two years (unlike a Section 13 notice for purchasing the freehold, when leaseholders can participate from day one of ownership). When successful, they will have the right to an extension of 90 years to the current term and ground rent is effectively reduced to zero. Before moving forward with a purchase of a residence with a short lease term remaining you should talk to a solicitor specialising in lease extensions and leasehold enfranchisement. We are are happy to put you in touch with Long Ashton conveyancing experts who will explain the options available to you during an initial telephone conversation free of charge. More often than not it is possible to negotiate informally with the freeholder to extend the lease. You may find he or she is happy to negotiate informally and willing to consider your offer straight off, without having to involve anyone else. This will save you time and money and it could help you reach a lower price on the lease. You need to ensure that the agreed terms represent good long-term value compared with the standard benefits of the Section 42 Notice and that onerous clauses are not inserted into any redrafting of the lease.
Long Ashton Leasehold Conveyancing - Examples of Questions you should ask before Purchasing
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What is the length of the lease? This information is helpful as a) areas could result in problems for the building as the communal areas may start to deteriorate if services are not paid for b) if the tenants have an issue with the running of the building you will want to have all the details
What can I do to find out who is the owner of a house in Long Ashton?
As long as the property is recorded at HMLR, and you have sufficient specifics of the address of the property, you will be able to view details from the the Land Registry of the recorded owner for a fee.