Finally the sale completed on my house in Abertillery last February but the buyer keeps calling me to moan that her lawyer needs to hear from mine. What are the post completion sale legalities following completion?
After completion of your sale your lawyer is duty bound to deliver the transfer documentation and all additional paperwork to the buyer’s conveyancer. If applicable, your solicitor must also send confirmation that the legal charge in favour of the lender has been discharged to the buyers lawyers. There are no post completion procedures specific conveyancing in Abertillery.
How do I check that the solicitor carrying out my conveyancing in Abertillery is on the bank’sapproved panel? I am looking to avoid the situation of having one lawyer for me and one for The Mortgage Works thus paying £187.00 plus VAT in another set of conveyancing costs.
Please do make the most of the search tool on this site. Pick the lender and type ‘Abertillery’ or your location and you will see numerous conveyancers located in Abertillery or near you.
My wife and I own a 4 bedroom Georgian property in Abertillery. Conveyancing lawyer represented me and Britannia. I happened to do a free search for it on the Land Registry database and there are two entries: the first freehold, another for leasehold with the matching address. I'd like to know for sure, how can I find out??
You need to assess the Freehold register you have again and check the Charges Register as there may be 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 Abertillery and other locations in 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 buyers. You can also check the position with the conveyancing lawyer who conducted the purchase.
Looking forward to complete next month on a basement flat in Abertillery. Conveyancing solicitors have said that they report fully next week. What should I be looking out for?
Your report on title for your leasehold conveyancing in Abertillery should include some of the following:
Details of the parties to the lease, for instance these could be the lessee, head lessor, freeholder Responsibility to repair and maintain the main walls and foundations. It is essential for you to know which party is duty bound to repair and maintenance of every part of the building You should be sent a copy of the lease Your solicitors should enable you to have an understanding of the insurance provisions What remedies are open the freeholder should you are in breach of your lease terms?
I acquired a 1st floor flat in Abertillery, conveyancing formalities finalised 9 years ago. Can you give me give me an indication of the likely cost of a lease extension? Equivalent flats in Abertillery with an extended lease are worth £201,000. The ground rent is £45 invoiced every year. The lease runs out on 21st October 2083
You have 65 years left to run we estimate the premium for your lease extension to be between £13,300 and £15,400 plus professional fees.
The suggested premium range that we have given is a general guide to costs for renewing a lease, but we are not able to supply a more accurate figure without more comprehensive due diligence. Do not use this information in tribunal or court proceedings. There are no doubt other concerns that need to be considered and clearly you should be as accurate as possible in your negotiations. You should not take any other action based on this information before seeking the advice of a professional.
My folks cant seem to find their Abertillery land registry title on the website. They recall that back in the 70’s when they acquired the bungalow there were complications concerning Abertillery not being recognised in some systems.
Almost all premises in Abertillery should appear. Have you limited your search with simply the postcode. Normally it will mention all the premises within that postcode. Where recorded it will be there with a title number. If they bought fifty years ago it's conceivable it may be not yet registered. The address might still be revealed but with the title number shown 'na'. In this scenario you will need to locate the original title deeds which might be with your parent’s mortgage company.