Having sold my house in Lound last August yet the purchaser is whats apping every few hours to moan that his solicitor is waiting to hear from mine. What are the post completion sale legalities now that I have sold?
After completion of your house sale your lawyer should forward the transfer deeds and all supplemental paperwork to the buyer’s solicitors. Where relevant, your lawyer should also send confirmation that the legal charge in favour of the lender has been discharged to the purchasers conveyancers. There are no post completion requirements unique to conveyancing in Lound.
Do the Building Society Association intend to launch a searchable register to list law firms on the Earl Shilton BS conveyancing panel for example in Lound?
We are not aware of any intention on the part of the BSA to develop such a search facility.
My colleague advised me that where I am purchasing in Lound I should carry out a Neighbourhood, Planning and Local Amenity Search. What does it cover?
This is a search is sometimes included in the estimate for your Lound conveyancing searches. It is not a small document of more than thirty pages, listing and detailing significant information about Lound around the property and the people living there. It incorporates an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the Lound Housing Market, Council Tax Banding, the demographics of People living in the area, the dominant type of Housing, the Average Property Price, Crime statistics, Lound Education with maps and statistics, Local Amenities and other useful information concerning Lound.
3 months have gone by since my purchase conveyancing in Lound concluded. I have checked the Land Registry site which shows that I paid £200,000 when infact I paid £215,000. 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 asset 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.
I'm converting the mortgage on my primary house to a buy to let loan with Aldermore and I will use the ballance of the raised equity towards a second house. The area we are talking about is Lound. Will your conveyancers be able to act for both sets of banks and tie in the transactions?
Do use our search tool on this site to ensure that the conveyancers are approved by both lenders. Having checked that they are the lawyer should be able to connect the two transactions but you should have a chat with you lawyer and make apparent your desired outcome and requirements.
My wife and I may need to sub-let our Lound ground floor flat for a while due to a new job. We used a Lound conveyancing practice in 2001 but they have closed and we did not have the foresight to get any advice as to whether the lease allows us to sublet. How do we find out?
Even though your previous Lound conveyancing solicitor is not around you can review your lease to check if it allows you to sublet the apartment. The accepted inference is that if the lease is silent, subletting is permitted. There may be a precondition that you need to seek permission via your landlord or other appropriate person before subletting. The net result is you not allowed to sublet in the absence of first obtaining permission. The consent must not not be unreasonably refused ore delayed. If your lease prohibits you from letting out the property you should ask your landlord if they are willing to waive this restriction.
Leasehold Conveyancing in Lound - A selection of Queries Prior to Purchasing
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What restrictions exist in the Lound Lease? You will want to discover as much as you can concerning the managing agents as they will impact your use and enjoyment of the property. Being a leasehold owner you are frequently in the clutches of the managing agents from a financial perspective and when it comes to every day matters such as the cleanliness of the communal areas. Enquire of prospective neighbours if they are happy with their management. Finally, be sure you understand the dates that the maintenance charges are due to the managing agents and specifically how they are spending that money. It would be a good idea to investigate if there are any onerous prohibitions in the lease. For instance plenty of leases prohibit pets being allowed in in a block in Lound. If you like the apartmentin Lound however your dog can’t live with you then you have a very difficult determination.