Having sold my house in Old Ford last May yet the purchaser is SMS messaging every few hours to moan that his conveyancer is waiting to hear from mine. What should my lawyer have done now that I have sold?
Following your disposal your solicitor should deliver the transfer documentation and all supplemental paperwork to the buyer’s lawyers. Depending on the transaction, your solicitor should also confirm that the mortgage has been redeemed to the purchasers solicitors. There is unlikely to be post completion tasks unique to conveyancing in Old Ford.
I moved into my house on 3 February and the transaction details are still not registered. Need I be worried? My conveyancing solicitor in Old Ford said it will be dealt with inside ten days. Are transfers in Old Ford particularly slow to register?
As far as conveyancing in Old Ford is concerned, registration is no faster or slower than the rest of England and Wales. Rather than based on location, timescales can differ according to the party submitting the application, whether there are errors and whether the Land registry have to notify any 3rd persons or bodies. As of today in the region of three quarters of submission are fully addressed in less than three weeks but some can be subject to extensive delays. Historically registration occurs after the purchaser is living at the property therefore 'speed' is not usually an essential issue yet where it is urgent that the the registration takes place urgently then you or your conveyancer must communicate with the Registry to express the reasoning for an expedited registration.
Yesterday I discovered that there is a flying freehold element on a property I have offered on two weeks back in what was supposed to be a simple, chain free conveyancing. Old Ford is where the house is located. Can you offer any opinion?
Flying freeholds in Old Ford are not the norm but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Old Ford you must be sure that your lawyer goes through the deeds thoroughly. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Old Ford may decide that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold property.
How do I use your search facility to select a conveyancing lawyer in Old Ford on the authorised to act for my bank?
Step one is to choose a mortgage company such as Accord Mortgages Ltd, Chelsea Building Society or Aldermore then choose your location for instance Old Ford. Conveyancing firms in Old Ford and further afield should be listed.
Am I best advised to choose a Old Ford conveyancing practitioner based in the vicinity that I am hoping to buy? An old friend can execute the conveyancing but her office is 400kilometers drive away.
The primary upside of using a high street Old Ford conveyancing firm is that you can drop in to execute paperwork, present your ID and apply pressure on them where appropriate. They will also have local knowledge which is a plus. That being said it's more important to get someone that will pull out all the stops for you. If if people you trust used your friend and they were happy that must trump using an unknown Old Ford conveyancing lawyer solely due to them being local.
Back In 2003, I bought a leasehold house in Old Ford. Conveyancing and Bank of Ireland mortgage organised. A letter has just been received from someone saying they have taken over the freehold. Attached was a demand for arrears of ground rent dating back to 1993. The conveyancing solicitor in Old Ford who previously acted has now retired. Do I pay?
First contact the Land Registry to be sure that this person is indeed the registered owner of the freehold reversion. You do not need to instruct a Old Ford conveyancing practitioner to do this as it can be done on-line for a few pound. You should note that in any event, even if this is the legitimate freeholder, under the Limitation Act 1980 the limitation period for recovery of ground rent is six years.
Having spent years of dialogue we simply can't agree with our landlord on how much the lease extension should cost for our flat in Old Ford. Does the Leasehold Valuation Tribunal have jurisdiction to calculate the appropriate figures?
if there is a absentee freeholder or if there is dispute about the premium for a lease extension, under the Leasehold Reform, Housing and Urban Development Act 1993 you can apply to the LVT to calculate the price.
An example of a Freehold Enfranchisement case for a Old Ford flat is 26 Rhondda Grove in June 2009. The net price payable by the leaseholders as determined by the Tribunal was £3,015.13. This comprised £11,300 premium for the reversion less £8,284.87 costs as ordered by the County Court.