Having sold my house in Southborough last November yet the purchaser is texting me to say his lawyer needs to hear from mine. What should have happened now that I have sold?
Following your sale your conveyancer should deliver the transfer documentation and all of the paperwork to the buyer’s conveyancer. Where relevant, your lawyer must also confirm that the home loan has been repaid to the purchasers solicitors. There are no post completion steps unique to conveyancing in Southborough.
I am helping my mother sell her flat in Southborough. Does the conveyancer arrange the EPC or should I organise this?
After the abolition of Home Packs, energy performance certificates remained a compulsory component of moving property. An energy assessment must be to hand before the property is placed on the market. This is not as aspect of the sale process that conveyancers ordinarily organise. Where you are using a Southborough conveyancing lawyer they might help arrange energy assessments given their relationships with long established Southborough accredited person
When it comes to mortgage companies such as TSB, do Southborough solicitors face a fee to be on the list of approved solicitors?
We are unaware of any bank fees to be on their list of approved firms, although some do levy an administration charge to deal with the processing of the conveyancing panel application.
Does a directory service exist listing Co-operative panel solicitors in Southborough on the Building Society Association’s Website?
Unfortunately not yet. There is no such tool on the Council of Mortgage Lenders or Building Society Association websites. A small selection of lenders make their panel listings available online. If you are in need of a Southborough conveyancer on the Co-operative please make the most of our facility.
I got the keys to my flat on 7 September and my personal details are still not on the land registry website. Should I be concerned? My conveyancing solicitor in Southborough expressed confidence that it would be recorded in a couple of weeks. Are titles in Southborough uniquely lengthy to register?
As far as conveyancing in Southborough registration is no faster or slower than the rest of the country. Rather than based on location, timescales can adjust subject to the party submitting the application, whether there are errors and if the Land registry must send notices to any third persons or bodies. As of today in the region of three quarters of submission are fully addressed within two weeks but some can be subject to longer hold-ups. Historically registration is effected after the new owner is living at the premises therefore 'speed' is not usually top priority but where there is a degree of urgency associated with the registration then you or your conveyancer must speak with the land registry and explain the circumstances.
I have been on the look out for a flat up to £195,000 and identified one close by in Southborough I like with a park and station in the vicinity, however it's only got 51 years unexpired on the lease. There is not much else in Southborough suitable, so just wondered if I would be making a grave error buying a lease with such few years left?
If you require a mortgage that many years may be an issue. Reduce the price by the anticipated lease extension will cost if it has not already been discounted. If the current owner has owned the premises for at least twenty four months you can ask them to commence the lease extension formalities and then assign it to you. You can add 90 years to the current lease term and have £0 ground rent by law. You should speak to your conveyancing lawyer regarding this.
I have just appointed agents to market my 2 bed apartment in Southborough. Conveyancing lawyers have not yet been instructed, but I have just received a yearly service charge demand – should I leave it to the buyer to sort out?
It best that you discharge the maintenance contribution as you normally would as all ground rent and maintenance invoices will be allotted on completion, so you will be reimbursed by the purchaser for the period running from after the completion date to the subsequent invoice date. Most managing agents will not acknowledge the buyer unless the service charges have been paid and are up to date, so it is important for both buyer and seller for the seller to show that they are up to date. This will smooth the conveyancing process.
I have attempted and failed to negotiate with my landlord to extend my lease without getting anywhere. Can the Leasehold Valuation Tribunal decide on such matters? Can you recommend a Southborough conveyancing firm to help?
in cases where there is a missing landlord or where there is dispute about what the lease extension should cost, under the Leasehold Reform, Housing and Urban Development Act 1993 it is possible to make an application to the First-tier Tribunal (Property Chamber) to arrive at the price payable.
An example of a Lease Extension decision for a Southborough flat is 1 Southlands Court Southlands Road in September 2013. The Leasehold Valuation Tribunal determined that the premium to be paid by the tenant on the grant of a new lease, in accordance with section 56 and Schedule 13 of the Leasehold Reform, Housing and Urban Development Act 1993 was £30,541 This case was in relation to 1 flat. The remaining number of years on the lease was 50.57 years.
I am planning to acquire a flat and need a conveyancing solicitor in Southborough who is on the lender approved panel. Could you point me in the right direction as regards a firm?
Our service is limited to being a directory service for firms who wish to listed as being on the approved conveyancing panel for the mortgage company who carry out conveyancing in Southborough. We dont recommend any particular solicitor.