Completed the sale of my flat in Aylestone last September but my buyer keeps calling daily complaining that his conveyancer is waiting to hear from mylawyer. What are the post completion sale legalities now that I have sold?
Following your house sale your lawyer should deliver the transfer documentation and all of the paperwork to the purchaser's conveyancer. If applicable, your lawyer should also evidence that the home loan has been repaid to the purchasers conveyancers. There are no post completion tasks peculiar conveyancing in Aylestone.
Me and my brother have a 4 bedroom Edwardian house in Aylestone. Conveyancing solicitor acted for me and The Royal Bank of Scotland. I did a free Land Registry search last week and I saw a couple of entries: the first freehold, the second leasehold with the exact same 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 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 Aylestone and other areas of the country and poses no real issues for owners other than when they buy they have to account for both freehold and leasehold interests when dealing with buyers. You can also check the situation with the conveyancing lawyer who conducted the conveyancing.
I have been sourcing a conveyancing lawyer in Aylestone for my purchase. Is there any facility to check a solicitor's record with the legal regulator?
Members of the public can see published Solicitor Regulator Association (SRA) determinations arising from investigations from 2008 onwards. Visit Check a solicitor's record. For records Pre 2008, or to check a firm's history, ring 0870 606 2555, 08.00 - 18.00 Monday, Wednesday, Thursday, Friday and 09.30 - 18.00 Tuesday. International callers, call +44 (0)121 329 6800. The regulator may monitor telephone calls for training reasons.
Helen (my wife) and I may need to rent out our Aylestone garden flat for a while due to a career opportunity. We instructed a Aylestone conveyancing practice in 2004 but they have closed and we did not have the foresight to get any guidance as to whether the lease allows us to sublet. How do we find out?
A lease governs relations between the landlord and you the flat owner; specifically, it will indicate if subletting is prohibited, or permitted but only subject to certain caveats. The accepted inference is that if the lease contains no expres ban or restriction, subletting is permitted. Most leases in Aylestone do not prevent an absolute prevention of subletting – such a clause would undoubtedly devalue the flat. In most cases there is simply a requirement that the owner notifies the freeholder, possibly sending a duplicate of the tenancy agreement.
Aylestone Leasehold Conveyancing - A selection of Questions you should ask Prior to Purchasing
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What restrictions are contained in the Aylestone Lease? Does the lease have more than 85 years remaining? You should be aware if it is fewer than 80 years it will affect the salability of the flat. Check with your mortgage company that they are content with residual term of the lease. Leases with fewer than 80 years remaining means that you will probably have to extend the lease at some point and you need to have some idea of what this will be. Remember, in most cases you will need to own the premises for a couple of years in order to be legally able to extend the lease.
I’m about to sell my 2 bed apartment in Aylestone.Conveyancing solicitors are to be appointed soon but I have recently received a quarterly maintenance charge demand – Do I pay up?
The sensible thing to do is pay the maintenance contribution as usual because all ground rent and service charges should be apportionedon completion, so you should recover the relevant percentage by the purchaser for the period running from after the completion date to the subsequent invoice date. Most management companies will not acknowledge the buyer unless the service charges have been paid and are up to date so it is important for both buyer and seller for the seller to show that they are up to date. This will smooth the conveyancing process