Having sold my house in Osterley Park last June yet the purchaser is texting daily to say their solicitor is waiting to hear from mylawyer. What should have happened following completion?
Following your sale your solicitor should deliver the transfer deeds and all supplemental paperwork to the purchaser's solicitors. Where relevant, your lawyer should also confirm that the home loan has been discharged to the purchasers solicitors. There is unlikely to be post completion requirements unique to conveyancing in Osterley Park.
We're in Osterley Park, First timers buying with a mortgage (lender is Clydesdale , and our solicitor is on the Clydesdale conveyancing panel). How long should the conveyancing process take?
The fact that your lawyer is on the Clydesdale conveyancing panel is a help. It would almost certainly delay matters if they were not. However, no property lawyer should guarantee a timeframe for your conveyancing, due to third parties outside of your control such as delays caused by lenders,conveyancing search providers or by the other side’s solicitors. The time taken is often determined by the number of parties in a chain.
2 months have elapsed following my purchase conveyancing in Osterley Park concluded. I have checked the Land Registry website which shows that I paid £175,000 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 property 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.
Due to the input of my in-laws I had a survey completed on a house in Osterley Park prior to retaining lawyers. I have been informed that there is a flying freehold aspect to the house. Our surveyor has said that some banks may not grant a loan on this type of premises.
It depends who your proposed lender is. Bank of Scotland has different requirements for example to Nationwide. If you contact us we can investigate further with the relevant lender. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Osterley Park. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Osterley Park to see if the conveyancing will be more expensive.
In what way does the Landlord & Tenant Act 1954 impact my business property in Osterley Park and how can your lawyers assist?
The 1954 Act provides security of tenure to business lessees, giving them the dueness to apply to court for a continuation of occupancy at the end of an expired lease. There are limited grounds that a landlord can refrain from granting a lease renewal and the rules are complex. We are happy to direct you to commercial conveyancing firms who use the act to your advantage and handle your commercial conveyancing in Osterley Park
I am due to assess quotes for conveyancing in Osterley Park from three solicitor and decide on one. Do I instruct them to hold tight until I have found somewhere to acquire.
We suggest that you wait to request your conveyancer to open a file and order searches after the sales confirmation has been sent by the selling agent especially as Osterley Park conveyancing searches are not cheap.