Having sold my house in Stockwell last December but our buyer keeps texting every few hours to moan that her solicitor is waiting to hear from mine. What are the post completion sale formalities following completion?
Following your house sale your lawyer should send the transfer deeds and all supplemental paperwork to the buyer’s conveyancer. If applicable, your solicitor must also send confirmation that the mortgage has been discharged to the buyers lawyers. There are no post completion procedures peculiar conveyancing in Stockwell.
My Conveyancer in Stockwell is not on the Clydesdale Conveyancing Panel. Is it possible for me to retain my family solicitor notwithstanding that they are not on the Clydesdale panel?
The limited options available to you here include:
- Complete the purchase with your existing Stockwell solicitors but Clydesdale will need to use a lawyer on their list of acceptable firms. This will result in additional total legal charges and result in frustration.
- Choose an alternative solicitor to act in the conveyancing, remembering to check they are Clydesdale approved.
- Persuade your Clydesdale based solicitor to seek to join the Clydesdale panel
We are aiming to move house in December. Will my conveyancing solicitor liaise with the removal company on the completion day. On a separate note, can you put forward a removal company in Stockwell. Conveyancing solicitor was found prior to coming across this page.
On the afternoon of completion you will need to pick up the house keys from the estate agent but this can only happen after the previous owners lawyers advise the agent that they acknowledge receipt of the completion payment and the keys can be passed over. You can advise the removal men that they can start moving you in. As a matter of policy we do not recommend a specific removal company but can assist you in finding a residential property solicitor in Stockwell or a lawyer that specialises in conveyancing in Stockwell.
I'm the sole recipient of my late mum's estate and I have everything in my name alone, including the house in Stockwell. Conveyancing formalities meant that the Land Registry date was in September. I now wish to sell up. I do know about the Mortgage Lenders six month 'rule', meaning my proprietorship will be regarded the same way as though I had purchased the house in September. Will no one buy the property for half a year?
The Council of Mortgage Lenders’ handbook requires conveyancers to: "report to us immediately if the owner or registered proprietor has been registered for less than six months." Technically you could be affected by that. How sensible a view banks take of it, depend on the mortgage company as this requirement principally exists to pick up on subsales or the quick reselling of property.
Can I be sure that the Stockwell conveyancing solicitor on the Co-operative panel is any good?
When it comes to conveyancing in Stockwell obtaining recommendations is a sensible start. Before you go ahead, check if they offer a no sale no fee offer. Also, you often get what you pay for - a firm which quotes more, will often provide a better service than one advertising the lowest fees. We would always recommend that you speak with the lawyer handling your conveyancing.
I decided to have a survey carried out on a property in Stockwell prior to appointing lawyers. I have been advised that there is a flying freehold aspect to the house. Our surveyor has said that some mortgage companies will refuse to grant a loan on this type of house.
It varies from the lender to lender. Santander has different instructions for example to Nationwide. Should you wish to call us we can check with the relevant mortgage company. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Stockwell. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Stockwell to see if the conveyancing costs will increase in light of this.
I am looking at a couple of maisonettes in Stockwell which have about fifty years unexpired on the lease term. Will this present a problem?
There are plenty of short leases in Stockwell. The lease is a right to use the premises for a period of time. As the lease shortens the marketability of the lease reduces and it becomes more costly to acquire a lease extension. This is why it is generally wise to increase the term of the lease. More often than not it is difficulties arise selling premises with a short lease as mortgage companies may be unwilling to lend money on such properties. Lease enfranchisement can be a protracted process. We recommend you get professional assistance from a conveyancer and surveyor with experience in this area.
I have tried to negotiate informally with with my landlord for a lease extension without success. Can I make an application to the Leasehold Valuation Tribunal? Can you recommend a Stockwell conveyancing firm to represent me?
Most certainly. We are happy to put you in touch with a Stockwell conveyancing firm who can help.
An example of a Freehold Enfranchisement case for a Stockwell property is 3 Tintern Street in February 2010. The tribunal had jurisdiction to make a decision on the price of the freehold of the subject premises and concluded that the premium should be £24,630.00 This case was in relation to 2 flats. The unexpired lease term was 73.69 years.
My mother and father are having difficulties in finding their Stockwell land registry title on the site. They recall that fifty years ago when they bought the house there were complications regarding the post code not being identified on some systems.
Almost all premises in Stockwell should show up. Have you limited your search to simply the postcode. Normally it will reveal all the premises inside that postcode. Where registered it will show up with a title number. If they bought fifty years ago it's conceivable it may be not yet registered. The address could still be revealed but with the title number identified as 'na'. In this scenario you will need to locate the original title papers which could be with your parent’s mortgage company.