Having sold my house in Appleton last December but my buyer keeps whats apping every few hours complaining that his lawyer needs to hear from mine. What should my lawyer have done now that I have sold?
After completion of your house sale your lawyer is duty bound to deliver the transfer documentation and all supplemental paperwork to the buyer’s solicitors. If applicable, your lawyer must also confirm that the mortgage has been repaid to the buyers conveyancers. There is unlikely to be post completion formalities peculiar conveyancing in Appleton.
My solicitor has informed me that restrictive coveneant insurance is required on my purchase. What is the typical level of cover needed for conveyancing in Appleton?
The right level of restrictive coveneant indemnity insurance should be dictated by who who your lender is. It would differ for example between HSBC Bank and Barnsley Building Society. Conveyancing solicitors as opposed to members of the public take out such policies.
When it comes to lenders such as Bank of Ireland, do Appleton conveyancing practitioners incur a fee to be on the list of approved solicitors?
We are unaware of any mortgage company fees to be on their list of approved firms, although some do levy an administration fee to deal with the processing of the conveyancing panel application.
Last month we had a mortgage agreed in principle with TSB. Appleton conveyancing practitioners were selected. How long does it take for TSB to forward the offer to the solicitor?
Some lenders take longer than others. Have TSB completed the survey? Have you advised TSB as to your lawyers' details and checked that your lawyers are on the TSB conveyancing panel? Sometimes it can take as long as six weeks for a mortgage offer to be issued.
Over the last few months I have been searching for a ground for flat up to £235,500 and identified one near me in Appleton I like with open areas and railway links nearby, the downside is that it's only got 52 years on the lease. I can't really find anything else in Appleton in this price bracket, so just wondered if I would be making a grave error acquiring a short lease?
If you need a home loan the shortness of the lease will likely be an issue. Reduce the price by the amount the lease extension will cost if not already taken into account. If the current owner has owned the property for a minimum of 2 years you could request that they start the process of the extension and pass it to you. An additional ninety years can be extended on to the existing lease term and have £0 ground rent by law. You should consult your conveyancing solicitor regarding this.
In what way can the Landlord & Tenant Act 1954 impact my business property in Appleton and how can you help?
The 1954 Act gives security of tenure to commercial lessees, giving them the right to apply to court for a new tenancy and continue in occupation at the end of an expired lease. There are certain specified grounds that a landlord can refuse a lease renewal and the rules are complex. We are happy to direct you to commercial conveyancing practices who use the act for protection and assist with commercial conveyancing in Appleton
How much experience do your Appleton conveyancing solicitors have with Help To Buy, Shared Equity and similar schemes?
Appleton conveyancing lawyers help thousands of people move home every year and assisted lots of clients through the Help To Buy scheme. The chances are that whatever makes your case unique Appleton conveyancers have worked on recent similar matters.