Having sold my house in South Brent last April yet the purchaser is whats apping me to say her lawyer needs to hear from myconveyancer. What are the post completion sale legalities following completion?
After completion of your house sale your lawyer should forward the transfer deeds and all of the paperwork to the buyer’s solicitors. Where relevant, your lawyer should also evidence that the home loan has been discharged to the purchasers conveyancers. There are no post completion steps just for conveyancing in South Brent.
I need some fast conveyancing in South Brent as I am faced with an ultimatum to exchange contracts within 3 weeks. Fortunately I do not require a mortgage. Can I decline from having conveyancing searches to save fees and time?
If.Given you are are a mortgage free purchaser you have the choice not to have searches conducted although no law firm would suggest that you don't. Drawing on years of experience of conveyancing in South Brent the following are instances of what can be revealed and adversely affect the marketability of the property: Enforcement Actions, Overdue Charges, Outstanding Grants, Road Schemes,...
Yesterday I discovered that there is a flying freehold element on a property I have offered on last month in what was supposed to be a quick, chain free conveyancing. South Brent is the location of the property. What do you suggest?
Flying freeholds in South Brent are not the norm but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside South Brent you must be sure that your lawyer goes through the deeds diligently. Your lender may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in South Brent may ascertain 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 residence.
My husband and I are FTB’s - agreed a price, yet the estate agent has warned us that the owners will only go ahead if we use their chosen conveyancers as they want an ‘expedited deal’. My instinct tells me that we should use a family solicitor with experience of conveyancing in South Brent
We suspect that the seller is unaware of this demand. Should the vendor want ‘a quick sale', alienating a motivated purchaser is not the way to achieve this. Speak to the vendors direct and explain that (a)you are keen to buy (b)you are ready to go, with mortgage lined up © you have nothing to sell (d) you wish to move quickly (e)however you are going to use your own,trusted South Brent conveyancing lawyers - not the ones that will give the estate agent a kickback or achieve conveyancing thresholds set by corporate headquarters.
I am employed by a reputable estate agency in South Brent where we have experienced a number of leasehold sales put at risk due to short leases. I have received contradictory information from local South Brent conveyancing solicitors. Could you shed some light as to whether the seller of a flat can instigate the lease extension process for the purchaser on completion of the sale?
As long as the seller has owned the lease for at least 2 years it is possible, to serve a Section 42 notice to start the lease extension process and assign the benefit of the notice to the purchaser. The benefit of this is that the buyer need not have to wait 2 years to extend their lease. Both sets of lawyers will agree to form of assignment. The assignment has to be done prior to, or simultaneously with 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 am the registered owner of a studio flat in South Brent, conveyancing formalities finalised January 2007. Can you let me have an estimated range of the fair premium for a lease extension? Corresponding properties in South Brent with over 90 years remaining are worth £195,000. The average or mid-range amount of ground rent is £45 invoiced annually. The lease comes to an end on 21st October 2089
You have 63 years remaining on your lease we estimate the price of your lease extension to span between £16,200 and £18,600 as well as professional fees.
The figure that we have given is a general guide to costs for extending a lease, but we are not able to supply a more accurate figure without more comprehensive due diligence. Do not use the figures in tribunal or court proceedings. There may be other concerns that need to be considered and you obviously want to be as accurate as possible in your negotiations. Neither should you move forward based on this information before seeking the advice of a professional.
We have just become aware that one of the partners of the law firm handling the purchase conveyancing in South Brent is an aunty of the vendor. Is this acceptable?
On the basis that there is no conflict of interest this is allowable. If you are obtaining mortgage finance then the mortgage company may have a say as many mortgage companies have specific instructions concerning this. For example for Bradford & Bingley as of 20/9/2026, the requirements read as follows :