Having sold my house in Ravenscourt Park last September but my buyer keeps calling every few hours to say their solicitor needs to hear from myconveyancer. What are the post completion sale formalities now that I have sold?
Following your disposal your lawyer is committed to send the transfer documentation and all supplemental paperwork to the buyer’s lawyers. Depending on the transaction, your lawyer should also send confirmation that the home loan has been paid off to the purchasers conveyancers. There are no post completion formalities peculiar conveyancing in Ravenscourt Park.
I am planning to move home in October. Does my conveyancing solicitor communicate with the removal company on the completion day. Incidentally, can you recommend a removal company in Ravenscourt Park. Conveyancing lawyer was chosen before I stumbled across your page.
On the afternoon of completion you will need to pick up the keys from the estate agent however this should only occur once the previous owners solicitors inform the agent that they have the completion monies and the keys can be passed over. After that you can advise the removal men that you are ready to move in. As a matter of policy we do not recommend a particular removal organisation but can assist you in finding a conveyancing in Ravenscourt Park or a solicitor with expertise in conveyancing in Ravenscourt Park.
I have today made my last payment due on my mortgage with Lloyds. I assume I don't need a Ravenscourt Park property lawyer on the Lloyds panel to discharge the mortgage at the Land Registry. Am I right?
If you have finished paying off your Lloyds mortgage, they may send you evidence showing that you have paid it off. Alternatively they may notify the Land Registry directly. The Land Registry need to see this evidence before they will remove the Lloyds mortgage from the register. Lloyds, and any evidence they send you, will determine the action you need to take. In cases where no conveyancer is acting for you and you have paid off your mortgage:
- but are not moving to another property
- where Lloyds has sent the Land Registry the discharge electronically, and
- Lloyds has instructed the Land Registry to do so
Kent Reliance have agreed my home loan in principle, my bid on a flat in Ravenscourt Park has been accepted, now what?
The estate agent will wish to know who your solicitors are (be sure the conveyancing practitioners are on the bank’s approved list). Call up Kent Reliance or your financial adviser and complete any appropriate forms. Kent Reliance will instruct a valuer who will get in touch with the estate agent or owners to book a slot for the valuation to happen. Once carried out (assuming no problems) it takes on average ten days to get a mortgage offer. Kent Reliance will send the offer to you and your solicitors. The transaction will then take it’s course according the nature and complexity of the conveyancing in Ravenscourt Park.
Various internet forums that I have visited warn that are the primary reason for delay in Ravenscourt Park conveyancing transactions. Is there any truth in this?
The Council of Property Search Organisations (CoPSO) released findings of a review by MoveWithUs that conveyancing searches do not feature amongst the most frequent causes of hindrances during the legal transfer of property. Searches are not likely to be the root cause of delay in conveyancing in Ravenscourt Park.
I am looking to sell my property. My previous conveyancers have shut. I would be grateful for any recommendation of a conveyancing firm. I happen to live in Ravenscourt Park if that affects matters.
Do use our search tool to help you choose a solicitor for your conveyancing in Ravenscourt Park. We have connected thousands of home buyers and sellers with regulated solicitors to ensure that the legalities of their house move runs smoothly.
Should I choose a Ravenscourt Park conveyancing solicitor based in the area that I am purchasing? An old friend can handle the legal work however his firm is located over three hundred miles away.
The benefit of a local Ravenscourt Park conveyancing practice is that you can pop in to execute documents, hand in your ID and pester them if necessary. Having local Ravenscourt Park know how is a bonus. That being said nothing is more important than finding someone that will pull out all the stops for you. If if people you trust instructed your friend and they were happy that must trump using an unknown Ravenscourt Park conveyancing solicitor just because they are Ravenscourt Park based.
I am a negotiator for a long established estate agent office in Ravenscourt Park where we see a few flat sales jeopardised as a result of leases having less than 80 years remaining. I have been given contradictory information from local Ravenscourt Park conveyancing solicitors. Can you clarify whether the vendor of a flat can commence the lease extension formalities for the purchaser on completion of the sale?
Provided that the seller has been the owner for at least 2 years it is possible, to serve a Section 42 notice to commence the lease extension process and assign the benefit of the notice to the purchaser. This means that the buyer can avoid having to sit tight for 2 years to extend their lease. Both sets of lawyers will agree to form of assignment. The assignment needs to be completed prior to, or at the same time as completion of the sale.
An alternative approach is to agree the lease extension with the freeholder either before or after the sale. If you are informally negotiating there are no rules and so you cannot insist on the landlord agreeing to grant an extension or transferring the benefit of an agreement to the buyer.
I own a a ground floor purpose built flat in Ravenscourt Park. In the absence of agreement between myself and the landlord, can the Leasehold valuation Tribunal determine the amount due for the purchase of the freehold?
in cases where there is a missing freeholder or where there is disagreement about the premium for a lease extension, under the Leasehold Reform, Housing and Urban Development Act 1993 it is possible to make an application to the LVT to arrive at the amount due.
An example of a Freehold Enfranchisement case for a Ravenscourt Park residence is 19 Crisp Road in June 2009. Following a vesting order (Under section 26 of the Leasehold Reform,Housing and Urban Development Act 1993) The tribunal determined that the premium payable for the acquisition of the freehold was £33,756,apportioned as to£12,285 for the lower at and £21,471for the upper fat. This case was in relation to 2 flats. The unexpired residue of the current lease was 68.32 years.