Having sold my house in Whitwick last November yet the purchaser is telephoning daily to say her lawyer needs to hear from mine. What are the post completion sale legalities now that I have sold?
Post completion of your sale your solicitor is obliged to deliver the transfer deeds and all of the paperwork to the buyer’s lawyers. Depending on the transaction, your conveyancer must also evidence that the home loan has been discharged to the purchasers lawyers. There is unlikely to be post completion tasks unique to conveyancing in Whitwick.
is it true that all Whitwick solicitor practices on the Leeds Building Society conveyancing panel are regulated by the SRA?
As solicitors, in order to be on the Leeds Building Society conveyancing panel they would need to be overseen by the SRA. The majority of mortgage companies do allow licenced conveyancers on their panel and in that case the firms would be governed by the Council of Licensed Conveyancers.
How can we know in advance if a Whitwick conveyancing solicitor on the Nationwide panel is any good?
When it comes to conveyancing in Whitwick obtaining recommendations is a good starting point. 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 advise that you speak with the lawyer handling your transaction.
My husband and I have organised the release of further funds on our mortgage from HSBC as we intend to conduct alterations to our house in Whitwick. Are we obliged to choose a bricks and mortar Whitwick solicitor on the HSBC conveyancing panel to deal with the legals?
HSBC do not ordinarily require firms on their approved list of lawyers to deal with such a matter. If they do require any legal work then you would need to ensure that such a lawyer was on the HSBC panel.
We are close to exchanging contracts on the sale of our house in Whitwick and according to the buyers it appears that there is a possibility that the property was constructed on contaminated land. A local lawyer would know that there is no such problem. For the life of me I don't know why the buyers used a nationwide conveyancing firm as opposed to a conveyancing solicitor in Whitwick. We have lived in Whitwick for six years we know of no issue. Is it a good idea to get in touch with our local Authority to obtain clarification that the buyers are looking for.
It sounds as though you may have a conveyancing lawyer currently acting for you. Are they able to advise? You should check with your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out health insurance to cover that same ailment)
Are there restrictive covenants that are commonly identified as part of conveyancing in Whitwick?
Restrictive covenants can be picked up when reviewing land registry title as part of the process of conveyancing in Whitwick. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’
How does conveyancing in Whitwick differ for newly converted properties?
Most buyers of new build property in Whitwick come to us having been asked by the seller to sign contracts and commit to the purchase even before the residence is completed. This is because developers in Whitwick usually acquire the land, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct property lawyers as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are used to new build conveyancing in Whitwick or who has acted in the same development.
I have recently realised that I have 62 years left on my lease in Whitwick. I need to extend my lease but my landlord is can not be found. What should I do?
On the basis that you meet the appropriate requirements, under the Leasehold Reform, Housing and Urban Development Act 1993 you can submit an application to the County Court for an order to dispense with the service of the initial notice. This will mean that your lease can be lengthened by the magistrate. You will be obliged to prove that you have done all that could be expected to find the landlord. On the whole a specialist should be helpful to conduct investigations and to produce a report to be used as proof that the freeholder is indeed missing. It is advisable to get professional help from a conveyancer both on investigating the landlord’s disappearance and the vesting order request to the County Court overseeing Whitwick.
Leasehold Conveyancing in Whitwick - Sample of Questions you should ask Prior to Purchasing
-
Its a good idea to discover as much as possible regarding the company managing the building as they can either make your living at the property much easier or a lot more difficult. As the proprietor of a leasehold property you will be at the mercy of the managing agents from a financial perspective and when it comes to daily issues like the upkeep of the common parts. Don't be shy to ask other people what they think of them. On a final note, investigate as to the dates that the maintenance charges are due to the appropriate party and specifically what you get for your money. Be sure to discover if there is anything that is prohibited in the lease. By way of example some leases prohibit pets being allowed in certain buildings in Whitwick. If you love the apartmentin Whitwick but your cat is not allowed to live with you then you will be faced difficult determination. Who is in charge of the block?