Having sold my house in Chelmsford last August but my buyer keeps calling me to say her solicitor is waiting to hear from mylawyer. What should my lawyer have done following completion?
After completion of your house sale your conveyancer is committed to forward the transfer deeds and all additional paperwork to the buyer’s solicitors. Where appropriate, your lawyer must also send confirmation that the legal charge in favour of the lender has been discharged to the purchasers lawyers. There are no post completion tasks peculiar conveyancing in Chelmsford.
Have just purchased a repossessed house at auction in Chelmsford. Conveyancing is necessary. What are my next steps?
Having to in every practical sense signed on the dotted line you must find a conveyancing solicitor as a matter of priority as you are faced with a pending a fixed date to complete the purchase. Every auction property should have an associated legal pack. This will likely include evidence of title and search results. Where you are dealing with leasehold premises the legal pack may provide a copy of the lease, management information and a sellers leasehold information form and other conveyancing paperwork specific to leasehold premises. You need to give this to the conveyancer instructed by you at the earliest opportunity. You also need to ensure that you have funds in order to complete on the date specified in the contract.
I have paid off my mortgage with UBS. I assume I don't need a Chelmsford property lawyer on the UBS panel to discharge the mortgage at the Land Registry. Please confirm.
If you have finished paying off your UBS mortgage, they may send you evidence showing that you have paid it off. Alternatively they may notify the Land Registry directly. The Land Registry need to see this evidence before they will remove the UBS mortgage from the register. UBS, and any evidence they send you, will determine the action you need to take. In cases where no conveyancer is acting for you and you have paid off your mortgage:
- but are not moving to another property
- where UBS has sent the Land Registry the discharge electronically, and
- UBS has instructed the Land Registry to do so
At last I have had an offer on a flat in Chelmsford agreed to, the vendors do nevertheless have a tied purchase. The vendors have offered on a flat, however it’s not been accepted yet, and are looking at other properties booked. I have instructed a high street conveyancing solicitor in Chelmsford. What do I do now? At what point do I apply for the mortgage with Leeds Building Society?
It is usual to have apprehensions where there is a chain as you are unlikely to want to incur expenses prematurely (home loan application is in the region of £1k, then survey, Chelmsford conveyancing search costs, etc). The first course of action is to check that your solicitor is on the Leeds Building Society approved list. As to the next stages this very much dictated by the specifics of your case, desire for this property and on the state of the market. In a buoyant market the majority of purchasers will apply for a home loan with Leeds Building Society and arrange for the valuation and only if it was satisfactory would they pay their property lawyer to move forward with searches.
I need some quick conveyancing in Chelmsford as I am faced with a deadline to exchange contracts in less than one month. A home loan is not required. Is it possible to avoid the conveyancing searches to save fees and time?
As you are are a mortgage free purchaser you are at liberty not to do searches although no law firm would recommend that you don't. Drawing on our experience of conveyancing in Chelmsford the following are instances of what can crop up and adversely affect market value: Enforcement Notices, Overdue Fees, Outstanding Grants, Unadopted Roads,...
The deeds to our house are lost. The solicitors who did the conveyancing in Chelmsford 10 years ago have long since closed. Will I be able to sell the house?
Assuming you have a registered title the information relating to your proprietorship will be retained by HMLR with a Title Number. It is easy to perform a search at the Land Registry, locate your house and obtain up to date copies of the property title for less than a fiver. If the property is Leasehold then the Land Registry will also normally retain a certified copy of the Registered Lease and again, a copy can be obtained for £20 inclusive of VAT.
I have been on the look out for a ground for flat up to £305k and found one round the corner in Chelmsford I like with open areas and transport links nearby, however it only has 51 remaining years left on the lease. There is not much else in Chelmsford in this price bracket, so just wondered if I would be making a mistake purchasing a short lease?
Should you need a mortgage the remaining unexpired lease term will be an issue. Reduce the price by the anticipated lease extension will cost if it has not already been discounted. If the current proprietor has owned the premises for a minimum of 2 years you may ask them to start the process of the extension and then assign it to you. You can add 90 years to the current lease term and have £0 ground rent by law. You should consult your conveyancing solicitor regarding this matter.