Having sold my house in Brixham last August yet the purchaser is Skype messaging daily to say her lawyer needs to hear from mine. What should have happened now that I have sold?
Post completion of your disposal your solicitor is committed to send the transfer deeds and all of the paperwork to the purchaser's solicitors. If applicable, your solicitor must also evidence that the mortgage has been discharged to the buyers lawyers. There is unlikely to be post completion procedures peculiar conveyancing in Brixham.
I am buying a new build flat in Brixham. Conveyancing solicitors are said to be ‘a necessary evil’ but can I do it myself?
Leaving aside the complexities and merits of DIY conveyancing in Brixham you will have to appoint a solicitor on your bank's conveyancing panel to look after their interests. Most people therefore find it easier to let the solicitor act for them and the lender. Furthermore there is minimal cost savings to be made in you doing conveyancing for yourself and another lawyer conducting the conveyancing for the lender. Please feel free to use the search tool to find a lawyer on your lender panel in Brixham.
My husband and I are novice buyers - had an offer accepted, but the agent advised that the vendor will only move forward if we use the agent's recommended lawyers as they are insisting on a ‘quick sale’. We would rather use a family solicitor used to conveyancing in Brixham
We suspect that the owner is not behind this request. Should the seller desire ‘a quick sale', alienating a motivated purchaser is likely to cause more damage than good. Speak to the owners direct and make the point that (a)you are keen to buy (b)you are excited to move forward, with finances arranged © you are chain free (d) you intend to proceed fast (e)but you will continue to instruct your own,trusted Brixham conveyancing solicitors - as opposed tothose that will provide the negotiator at the agency a introducer fee or hit his conveyancing targets demanded by corporate headquarters.
I work for a reputable estate agent office in Brixham where we see a few flat sales derailed due to short leases. I have been given contradictory information from local Brixham conveyancing solicitors. Can you clarify whether the seller of a flat can start the lease extension formalities for the purchaser on completion of the sale?
Provided that the seller has been the owner for at least 2 years it is possible, to serve a Section 42 notice to kick-start the lease extension process and assign the benefit of the notice to the purchaser. The benefit of this is that the buyer need not have to wait 2 years to extend their lease. Both sets of lawyers will agree to form of assignment. The assignment has to be done prior to, or simultaneously with completion of the disposal of the property.
Alternatively, it may be possible to extend the lease informally by agreement with the landlord either before or after the sale. If you are informally negotiating there are no rules and so you cannot insist on the landlord agreeing to grant an extension or transferring the benefit of an agreement to the buyer.
Brixham Conveyancing for Leasehold Flats - Examples of Queries Prior to buying
What is the annual service fee and ground rent? Is there a share of the freehold? You should want to find out as much as possible regarding the company managing the building as they can either make life much simpler or problematic. Being a leasehold owner you are often in the clutches of the managing agents from a financial perspective and when it comes to practical matters such as the tidiness of the communal areas. Enquire of other tenants what they think of them. Finally, be sure you know the dates that the service fees are due to the managing agents and precisely what you get for your money.
We have an offer in principle from Virgin Money who have advised that they will loan up to £350k. When do we need to appoint a practitioner for conveyancing? Brixham is where we plan to move to.
It would be wise to instruct a property lawyer now so that the conveyancer can open the file so they can conduct the ID checks etc. As and when you wish them to commence work they will seek a payment on account normally approximately £200. That should generally be after you have the loan offer from your lender and valuation report, however should you want to expedite matters you can get going quicker albeit risking some expense.