Completed the sale of my flat in St Nicholas last May but my buyer keeps Skype messaging daily complaining that his conveyancer is waiting to hear from myconveyancer. What should have happened now that I have sold?
After completion of your sale your solicitor is obliged to forward the transfer deeds and all of the paperwork to the purchaser's solicitors. If applicable, your conveyancer should also confirm that the mortgage has been redeemed to the buyers conveyancers. There are no post completion steps peculiar conveyancing in St Nicholas.
3 months have elapsed since my purchase conveyancing in St Nicholas took place. I have checked the Land Registry website which shows that I paid £150,000 when infact I paid £170,000. 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.
The estate agent has sent us the confirmation of our purchase of a new build apartment in St Nicholas. Conveyancing is a frightening process at the best of times but I have never purchased a new build flat before. What sort of enquires would be asked in new build conveyancing.
Here are examples of a few leasehold new build questions that you may expect your new-build leasehold conveyancing in St Nicholas
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The Landlord must covenant to assume the management if the Management Company goes into liquidation or otherwise defaults in running the management scheme. Please supply a car parking plan. The Vendor must covenant to keep unoccupied units in good repair until long leases are granted therefore. There must be mutual enforceability of lessee’s covenants. Please provide evidence that the form of Lease proposed has been approved by the Land Registry.
I need to instruct a conveyancing solicitor for purchase conveyancing in St Nicholas. I have stumble across a site which seems to have the perfect offering If there is a chance to get all formalities completed via email that would be preferable. Do I need to be wary? What are the potential pitfalls?
As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?
My wife and I purchased a leasehold house in St Nicholas. Conveyancing and Norwich and Peterborough Building Society mortgage went though with no issue. I have received a letter from someone claiming to own the reversionary interest in the property. It included a demand for arrears of ground rent dating back to 1994. The conveyancing solicitor in St Nicholas who previously acted has now retired. Any advice?
The first thing you should do is contact the Land Registry to be sure that this person is indeed the new freeholder. It is not necessary to instruct a St Nicholas conveyancing lawyer to do this as it can be done on-line for a few pound. You should note that in any event, even if this is the legitimate landlord, under the Limitation Act 1980 no more than 6 years of rent can be collected.
I am the registered owner of a garden flat in St Nicholas, conveyancing formalities finalised half a dozen years ago. How much will my lease extension cost? Corresponding properties in St Nicholas with a long lease are worth £190,000. The ground rent is £65 invoiced every year. The lease runs out on 21st October 2086
You have 61 years remaining on your lease we estimate the premium for your lease extension to be between £18,100 and £20,800 plus costs.
The figure that we have given is a general guide to costs for renewing a lease, but we are not able to advice on the actual costs in the absence of comprehensive investigations. Do not use this information in a Notice of Claim or as an informal offer. There are no doubt other concerns that need to be taken into account and you obviously want to be as accurate as possible in your negotiations. You should not move forward placing reliance on this information without first seeking the advice of a professional.
I am seeking to purchase a repression house in St Nicholas and the mortgagee in possession would like to complete within 28 days. Can a conveyancer complete in this timeframe? Would it be better to instruct a local St Nicholas firm or an online company that advertises to offer speedy conveyancing?
Attend your St Nicholas shopping parade. Go in to 3 companies and request to talk to a conveyancing solicitor for a quote. Discuss your requirements and seek a commitment on speed. Select the one that seems most genuine. You need to use a conveyancer on the panel of lawyers approved by your mortgage company.