Finally the sale completed on my house in Tintagel last September but my buyer keeps SMS messaging every few hours to moan that her solicitor needs to hear from mine. What should my lawyer have done following completion?
Post completion of your house sale your solicitor should send the transfer deeds and all of the paperwork to the buyer’s lawyers. Where relevant, your solicitor must also confirm that the legal charge in favour of the lender has been redeemed to the buyers solicitors. There are no post completion tasks peculiar conveyancing in Tintagel.
My husband and I wish to acquire a newly converted flat in Tintagel with a loan from Barclays Direct.We use our Tintagel conveyancing lawyer but Barclays Direct advised that her practice is not on their approved list of member firms. we are left little option but to use a Barclays Direct panel lawyer or retain our preferred solicitor and pay for a Barclays Direct panel lawyer to act for them. This seems very unfair; is there anything we can do?
No, not really. The mortgage offered to you contains terms and conditions, a common one being that lawyers needs to be on the Barclays Direct approved list. Until recently, most mortgage companies had large numbers of law firms on their panels: a borrower could find one for themselves, as long as it was on the lender's panel. The lender would then simply instruct the borrower's lawyers to act for the lender, too. You can use your lender's panel lawyers or you could borrow from another lender which does not restrict your choice. A further alternative is for your solicitors to apply to be on the conveyancing panel for Barclays Direct
Me and my brother purchased a semi-detached Edwardian property in Tintagel. Conveyancing solicitor represented me and National Westminster Bank. I happened to do a free search for it on the Land Registry database and there are two entries: one for freehold, the second leasehold with the exact same address. If a house is not a freehold shouldn't I have been informed?
You need to read the Freehold register you have again and check the Charges Register for mention of a lease. The best way to be sure that you are also the registered owner of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Tintagel and other areas of the country and poses no real issues for owners other than when they remortgage they have to account for both freehold and leasehold interests when dealing with mortgage companies. You can also check the position with your conveyancing lawyer who conducted the purchase.
The estate agent has sent us the confirmation of our purchase of a new build apartment in Tintagel. Conveyancing is necessary evil 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 legal work.
Set out below is a sample of a few leasehold new build enquiries that you may expect your new-build leasehold conveyancing in Tintagel
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Please supply a car parking plan. The Landlord must covenant to assume the management if the Management Company goes into liquidation or otherwise defaults in running the management scheme. Forfeiture - bankruptcy or liquidation must not apply under this provision. Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose? Investor purchasers must be able to freely grant unsecured tenancies at market rents without requiring any consents.
I'm converting the mortgage on my current property to a BTL mortgage with HSBC Bank and I will use the ballance of the raised equity as a deposit on further property. The location we are interested in is Tintagel. Will your lawyers be able to act for the two banks and link together the conveyances?
Make use of our comparison tool on this site to ensure that the conveyancers are approved by both mortgage companies. Assuming that they are the solicitor should be able to simultaneously deal with the two conveyancing matters but you should have a chat with you solicitor and make apparent your desired outcome and needs.
Can you offer any advice when it comes to appointing a Tintagel conveyancing firm to carry out our lease extension conveyancing?
When appointing a solicitor for lease extension works (regardless if they are a Tintagel conveyancing practice) it is most important that he or she should be familiar with the legislation and specialises in this area of conveyancing. We recommend that you speak with two or three firms including non Tintagel conveyancing practices before you instructing a firm. Where the conveyancing practice is ALEP accredited then that’s a bonus. The following questions could be of use:
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Can they put you in touch with clients in Tintagel who can give a testimonial?
Leasehold Conveyancing in Tintagel - Examples of Queries Prior to buying
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Its a good idea to discover as much as possible concerning the company managing the building as they will affect your use and enjoyment of the property. Being a leasehold owner you will be in the clutches of the managing agents both financially and when it comes to daily issues like the cleanliness of the common parts. Ask other people what they think of their management. On a final note, be sure you know the dates that you are obliged pay the maintenance charge to the managing agents and specifically how they are spending the funds. Is anyone aware of any major works anticipated that will likely increase the maintenance fees? How much is the service charge and ground rent on the property?