Completed the sale of my flat in Marston Moretaine last December but the buyer keeps calling daily complaining that their solicitor is waiting to hear from myconveyancer. What are the post completion sale formalities following completion?
Post completion of your sale your lawyer should deliver the transfer documentation and all supplemental paperwork to the buyer’s conveyancer. If applicable, your solicitor should also evidence that the mortgage has been redeemed to the buyers lawyers. There is unlikely to be post completion requirements specific conveyancing in Marston Moretaine.
I am considering applying for a Skipton mortgage for purchase of a new build (under development) in Marston Moretaine with 65 per cent loan to value. Is it compulsory to choose a solicitor on the conveyancing panel for Skipton ?
There is nothing to stop you using your solicitor, but Skipton will insist on their interests being represented by a firm on their conveyancing panel. There is greater potential for delays and confusion with an additional lawyer added to the mix, and it will undoubtedly be more expensive too.
Can you point me to a directory of Bank of Ireland panel solicitors in Marston Moretaine on the Council of Mortgage Lender’s Website?
Unfortunately not yet. There is no such directory service on the Council of Mortgage Lenders or Building Society Association websites. A small selection of lending institutions make their panel listings viewable on the web. If you are looking for a Marston Moretaine conveyancing practitioner on the Bank of Ireland please use our tool.
How can we know in advance if a Marston Moretaine conveyancing solicitor on the Kent Reliance panel is any good?
When it comes to conveyancing in Marston Moretaine getting recommendations is a good start. Before you go ahead, check if they offer a no sale no fee offer. Also, you often get what you pay for - a firm which quotes more, will often provide a better service than one advertising the lowest fees. We would always advise that you speak with the lawyer conducting your transaction.
Two weeks ago we had a mortgage agreed in principle with Virgin Money. Marston Moretaine conveyancing lawyers were instructed. What is the average time that one could expect to receive a mortgage offer from Virgin Money?
Some lenders take longer than others. Have Virgin Money completed the valuation? Have you informed Virgin Money as to your lawyers' details and checked that your lawyers are on the Virgin Money conveyancing panel? It is not unusual for a mortgage offer to take a month to come through.
The deeds to my home can not be found. The solicitors who did the conveyancing in Marston Moretaine 4 years ago are no longer around. Will I be able to sell the house?
Gone are the days when you need to have the physical original deeds to prove you are the registered proprietor of land or property, as the Land Registry have everything they need in a digital format.
I am looking for a leasehold apartment up to £305k and identified one near me in Marston Moretaine I like with a park and railway links nearby, however it's only got 51 years unexpired on the lease. I can't really find anything else in Marston Moretaine for this price, so just wondered if I would be making a grave error acquiring a short lease?
Should you need a home loan the shortness of the lease will be a potential deal breaker. Reduce the offer by the anticipated lease extension will cost if it has not already been discounted. If the current owner has owned the premises for a minimum of twenty four months you may ask them to start the process of the extension and then assign it to you. An additional ninety years can be extended on to the existing lease and have £0 ground rent by law. You should speak to your conveyancing lawyer regarding this matter.
If all goes to plan we aim to complete the sale of our £275,000 apartment in Marston Moretaine next Monday. The freeholder has quoted £396 for Certificate of Compliance, building insurance schedule and previous years service charge statements. Is the landlord entitled to charge an administration fee for a leasehold conveyance in Marston Moretaine?
Marston Moretaine conveyancing on leasehold apartments nine out of ten times necessitates administration charges raised by landlords agents :
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Addressing conveyancing due diligence questions
Where consent is required before sale in Marston Moretaine
Copies of the building insurance and schedule
Deeds of covenant upon sale
Registering of the assignment of the change of lessee after a sale
I bought a 1 bedroom flat in Marston Moretaine, conveyancing was carried out half a dozen years ago. Can you shed any light on how much the price could be for a 90 year extension to my lease? Similar properties in Marston Moretaine with a long lease are worth £211,000. The ground rent is £45 invoiced annually. The lease ceases on 21st October 2093
With just 68 years unexpired we estimate the price of your lease extension to be between £9,500 and £11,000 as well as professional fees.
The suggested premium range above a general guide to costs for renewing a lease, but we cannot give you a more accurate figure in the absence of detailed due diligence. Do not use this information in tribunal or court proceedings. There are no doubt additional concerns that need to be taken into account and clearly you should be as accurate as possible in your negotiations. Neither should you move forward placing reliance on this information without first getting professional advice.