Completed the sale of my flat in Cheshunt last December but my buyer keeps calling me complaining that their lawyer is waiting to hear from mysolicitor. What should my lawyer have done now that I have sold?
Post completion of your sale your solicitor is duty bound to deliver the transfer documentation and all supplemental paperwork to the buyer’s lawyers. Where relevant, your conveyancer should also send confirmation that the legal charge in favour of the lender has been redeemed to the buyers lawyers. There are no post completion requirements specific conveyancing in Cheshunt.
My wife and I are selling our house in Cheshunt and according to the buyers it appears that there is a risk of it being built land that was not decontaminated. A high street Cheshunt conveyancer would know this is not the case. For the life of me I don't know why the buyers are using an online conveyancing outfit as opposed to a conveyancing solicitor in Cheshunt. We have lived in Cheshunt for many years we know of no issue. Do we get in touch with our local Authority to seek confirmation need.
It would appear that you have a conveyancing lawyer currently acting for you. Are they able to advise? You should enquire of your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out life insurance to cover that same sickness)
I am buying a new build flat in Cheshunt. Conveyancing is necessary evil at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build conveyancing.
Set out below are examples of a few leasehold new build questions that you should expect your new-build leasehold conveyancing in Cheshunt
Forfeiture - bankruptcy or liquidation must not apply under this provision. If there are lifts in the building, please confirm that the owners of flats on the ground and basement floors will not be required to contribute towards the cost of maintenance and renewal. Please provide evidence that the form of Lease proposed has been approved by the Land Registry. There must be mutual enforceability of lessee’s covenants.
Over the last few months I have been searching for a ground for flat up to £245,000 and identified one close by in Cheshunt I like with a park and station nearby, the downside is that it's only got 61 years on the lease. I can't really find anything else in Cheshunt in this price bracket, so just wondered if I would be making a mistake buying a lease with such few years left?
If you require a home loan the shortness of the lease will be an issue. Reduce the price by the expected 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 can ask them to commence the lease extension formalities and then assign it to you. You can add 90 years to the existing lease and have £0 ground rent by law. You should speak to your conveyancing solicitor about this.
My mum and dad are encountering problems in finding their Cheshunt land registry title on the online search facility. They have a vague memory back in the 70’s when they acquired the bungalow there were complications with the post code not being recognised in some systems.
Nearly all properties in Cheshunt should show up. Have you limited your search with simply the postcode. Normally it should mention all the houses and flats inside the postcode. Where registered it will show up with a title number. If they bought back in the 70’s it's conceivable it may be unregistered. The property could still be revealed but with the title number identified as 'na'. In this scenario you will need to locate the original title deeds which may be with your parent’s bank.