Completed the sale of my flat in Alvaston last September but our buyer keeps SMS messaging every few hours to say their solicitor is waiting to hear from mine. What should my lawyer have done now that I have sold?
Following your disposal your lawyer should send the transfer documentation and all additional paperwork to the purchaser's conveyancer. If applicable, your solicitor must also confirm that the home loan has been repaid to the buyers lawyers. There are no post completion formalities specific conveyancing in Alvaston.
My uncle passed away last year and as sole heir and executor I was left the property in Alvaston. The house had a small mortgage left on it of around £5k. I want to have the title changed into my name whilst I re-mortgage to TSB, pay off the mortgage. Is this allowed?
If you plan to refinance then TSB will insist on your using a conveyancer on the TSB conveyancing panel. Here is link to the Land Registry online guidance around what to do when a property owner dies. This will help you to understand the registration process behind changing the details re the registered title. in your case it would appear that you are effectively purchasing the property from the estate. Your TSB conveyancing panel solicitor pays the new mortgage money into the estate, the estate pays off the old mortgage, the charge is released and you become the owner and the TSB mortgage is registered as a charge at the Land Registry.
I used Arc property Solicitors a few years ago for my conveyancing in Alvaston. Now, I need the files but the law firm has closed. What do I do?
You should contact the Solicitors Regulatory Authority (SRA) to help locate your conveyancing files. They can be contacted on please contact on 0870 606 2555. Alternatively, you should use their online form to make an enquiry. You will need to provide the SRA with as much information as possible to assist their search, including the name and address in Alvaston of the conveyancing firm of solicitors you previously retained, the name of conveyancing solicitor with whom you had dealings, and the date on which you last had dealings with the firm.
Due to sign contracts shortly on a garden flat in Alvaston. Conveyancing lawyers have said that they are sending me a report within the next couple of days. Are there areas in the report that I should be focusing on?
The report on title for your leasehold conveyancing in Alvaston should include some of the following:
What you can do if another tenant in the building breaches a clause of their lease? Information concerning the obligations in the lease to pay service charges - in respect of the block, and the more general rights a tenant has You should be advised what is to be regarded as a Nuisance as far as the lease is concerned if lease caters for for a sinking fund? Details of the parties to the lease, for instance these could be the tennant, superior lessor, landlord
I purchased a basement flat in Alvaston, conveyancing having been completed half a dozen years ago. Can you let me have an estimated range of the fair premium for a lease extension? Similar properties in Alvaston with over 90 years remaining are worth £201,000. The ground rent is £45 invoiced every year. The lease comes to an end on 21st October 2083
With 65 years remaining on your lease the likely cost is going to span between £13,300 and £15,400 plus legals.
The figure above a general guide to costs for renewing a lease, but we cannot give you the actual costs without more detailed due diligence. You should not use the figures in a Notice of Claim or as an informal offer. There are no doubt additional concerns that need to be considered and clearly you want to be as accurate as possible in your negotiations. Neither should you take any other action placing reliance on this information without first seeking the advice of a professional.
Being a leasehold owner I am liable for a service charge for my flat in Alvaston. As a result of poor financial planning I fell into arrears with remittance. The managing agents agreed a clearance schedule but there is still three thousand pounds currently due.
I now wish to dispose of the property and I am concerned this will hold me back if I have to settle the arrears first. I'd like to sell up and then repay the debt from the proceeds - is this viable?
You should check with the conveyancing practitioner dealing with your Alvaston conveyancing but it may be possible to arrange for the debt to be attributed to the purchasers. The contractual price payable would be reduced to reflect the amount of debt they assume. They could then discharge the outstanding monies following completion of the purchase.