Completed the sale of my flat in Radcliffe on Trent last October yet the purchaser is Skype messaging me to say his lawyer needs to hear from mine. What are the post completion sale formalities following completion?
Post completion of your disposal your lawyer should forward the transfer documentation and all of the paperwork to the purchaser's solicitors. Depending on the transaction, your lawyer should also confirm that the mortgage has been redeemed to the buyers solicitors. There is unlikely to be post completion formalities unique to conveyancing in Radcliffe on Trent.
Our lender has recommended a law firm on their panel based in Radcliffe on Trent but I would rather choose a conveyancing lawyer in Radcliffe on Trent or nearer to where I live. Can you assist?
It is by no means the case that all Radcliffe on Trent conveyancing practitioners are approved and listed on all banks conveyancing panel. Use our find an approved solicitor tool to choose a Radcliffe on Trent conveyancing conveyancer on the on the lender panel.
Are there restrictive covenants that are commonly picked up as part of conveyancing in Radcliffe on Trent?
Covenants that are restrictive in nature can be picked up when reviewing land registry title as part of the process of conveyancing in Radcliffe on Trent. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’
My cousin has recommend that I use his lawyers for conveyancing in Radcliffe on Trent. Do I follow his guidance?
No doubt the ideal way to select a conveyancing lawyer is to get referrals from friends or family who have actually experience in using the solicitor that you are are thinking of instructing.
What makes a Radcliffe on Trent lease problematic?
There is nothing unique about leasehold conveyancing in Radcliffe on Trent. All leases are unique and drafting errors can sometimes mean that certain sections are missing. For example, if your lease is missing any of the following, it could be defective:
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Maintenance charge proportions which don’t add up to the correct percentage
A defective lease can cause problems when trying to sell a property as they can affect a potential buyer’s ability to obtain a mortgage. Birmingham Midshires, Chelsea Building Society, and Alliance & Leicester all have express requirements when it comes to what is expected in a lease. Where a lender has been advised by their lawyers that the lease does not cover certain provisions they may refuse to provide security, forcing the purchaser to withdraw.
Leasehold Conveyancing in Radcliffe on Trent - A selection of Questions you should consider Prior to Purchasing
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Are any of leasehold owners in dispute over their service charge liability? What is the service charge and ground rent on the flat? Does the lease have in excess of 80 years unexpired?
My conveyancers in Radcliffe on Trent have advised me that no longer have my conveyancing file. At the time of my purchase I took out a mortgage with the lender. Is it case that being on the bank conveyancing panel they need to have retained the file for a number of years?
Different lenders have different requirements but many of the Terms and Conditions of Conveyancing Panel Appointment require the file to be held for a period of 6 years. That being said we have not seen a copy of the bank Conveyancing Panel Terms. It might be worth you contacting the bank directly.