Completed the sale of my flat in Longhope last June yet the purchaser is texting every few hours to say his conveyancer needs to hear from mysolicitor. What should have happened following completion?
Post completion of your disposal your conveyancer should send the transfer deeds and all supplemental paperwork to the purchaser's lawyers. Where appropriate, your lawyer should also send confirmation that the legal charge in favour of the lender has been redeemed to the buyers solicitors. There is unlikely to be post completion procedures unique to conveyancing in Longhope.
Our bank has suggested a law firm on their panel based in Longhope but I would rather use a conveyancing lawyer in Longhope round the corner to me. Can you help?
Not all Longhope conveyancing solicitors are approved and listed on all lender’s conveyancing panel. Use our find an approved solicitor tool to identify a Longhope conveyancing firm on the on the lender panel.
We are downsizing from our house in Longhope and according to the buyers it appears that there is a risk of it being built land that was not decontaminated. A local conveyancer would know this is not the case. For the life of me I don't know why the purchasers used a web based conveyancing practice as opposed to a conveyancing solicitor in Longhope. Having lived in Longhope for six years we know of no issue. Do we get in touch with our local Authority to get confirmation that the buyers are looking for.
It would appear that you have a conveyancing firm already. Are they able to advise? You should enquire of your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out life insurance to cover that same ailment)
I have justfound out that Arc property Solicitors have been shut down. They carried out my conveyancing in Longhope for a purchase of a leasehold flat 9 months ago. How can I establish that the property is registered correctly in the name of the former proprietor?
The quickest way to see if the property is registered to you, you can carry out a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Longhope conveyancing specialists.
What does commercial conveyancing in Longhope cover?
Longhope conveyancing for business premises covers a wide array of services, provided by regulated solicitors, relating to business premises. For instance, this type of conveyancing can cover the sale or purchase of freehold business premises or, more commonly, the assignment of existing business tenancies or the drafting of new leasing arrangements. Commercial conveyancing solicitors can also offer advice on the sale of business assets, commercial mortgages and the termination of tenancies.
I am tempted by the attractive purchase price for a two flats in Longhope which have about 50 years remaining on the leases. Should I regard a short lease as a deal breaker?
A lease is a legal document that entitles you to use the property for a period of time. As a lease shortens the marketability of the lease deteriorates and it becomes more costly to acquire a lease extension. For this reason it is advisable to extend the lease term. More often than not it is difficulties arise selling premises with a short lease because mortgage lenders may be reluctant to lend money on properties of this type. Lease extension can be a protracted process. We advise that you seek professional help from a conveyancer and surveyor with experience in this field.
Leasehold Conveyancing in Longhope - Sample of Queries before Purchasing
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The prefered form of lease arrangement is where the freehold reversion is in the ownership of the leaseholders. In this situation the lessees enjoy being in charge if their destiny and although a managing agent is often retained if the building is larger than a house conversion, the managing agent is directed by the tenants. Is there a share of the freehold? In the main the cost for major works are not included within service charges, albeit that a few managing agents in Longhope obliged tenants to pay into a sinking fund and this is used to offset against larger repairs or maintenance.