Having sold my house in Colliers Wood last January but our buyer keeps telephoning me complaining that their solicitor needs to hear from mine. What should have happened following completion?
Post completion of your disposal your conveyancer is committed to deliver the transfer deeds and all of the paperwork to the buyer’s lawyers. If applicable, your conveyancer should also confirm that the mortgage has been paid off to the buyers lawyers. There is unlikely to be post completion steps specific conveyancing in Colliers Wood.
My grandfather passed away last year and as sole heir and executor I was left the property in Colliers Wood. The house had a relatively small loan remaining of approximately £5k. I want to transfer the title deeds into my name whilst I re-mortgage to Barclays, pay off the mortgage. Is this possible?
If you plan to re-mortgage then Barclays will insist on your using a conveyancer on the Barclays conveyancing panel. Here is link to the Land Registry online guidance around what to do when a property owner dies. This will help you to understand the registration process behind changing the details re the registered title. in your case it would appear that you are effectively purchasing the property from the estate. Your Barclays conveyancing panel solicitor pays the new mortgage money into the estate, the estate pays off the old mortgage, the charge is released and you become the owner and the Barclays mortgage is registered as a charge at the Land Registry.
Am I best advised to choose a Colliers Wood conveyancing practitioner who is local to the property I am hoping to buy? I have an old university friend who can carry out the legal work but her office is approximately 350miles away.
The benefit of a local Colliers Wood conveyancing practice is that you can pop in to execute paperwork, present your identification documents and apply pressure on them where appropriate. Having local Colliers Wood know how is a plus. However it's more important to get someone that will pull out all the stops for you. If other friends have used your friend and on the whole were happy that must outweigh using an unknown Colliers Wood conveyancing lawyer just because they are local.
Due to complete next month on a leasehold property in Colliers Wood. Conveyancing lawyers have said that they report fully next week. Are there areas in the report that I should be focusing on?
Your report on title for your leasehold conveyancing in Colliers Wood should include some of the following:
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You need to be told what is to be regarded as a Nuisance in the lease How long the lease is. You should be advised as what happens when the lease expires, and aware of the importance of not letting the lease term falling below eighty years Are pets allowed in the flat? Defining your rights in relation to common areas in the block.By way of example, does the lease include a right of way over an accessway or hallways? Additions to the premises
I have tried to negotiate informally with with my landlord for a lease extension without getting anywhere. Can the Leasehold Valuation Tribunal adjudicate on such matters? Can you recommend a Colliers Wood conveyancing firm to assist?
Where there is a absentee freeholder or where there is dispute about the premium for a lease extension, under the Leasehold Reform, Housing and Urban Development Act 1993 it is possible to make an application to the Leasehold Valuation Tribunal to determine the amount due.
An example of a Lease Extension matter before the tribunal for a Colliers Wood flat is 14 Nutwell Street in January 2014. The premium payable for the acquisition of a new lease of the subject premises was in the sum of £30,523 This case related to 1 flat. The number of years remaining on the existing lease(s) was 62.94 years.
Been reading online that Colliers Wood solicitors are more costly than licensed conveyancers in Colliers Wood to use when purchasing a house. So is it better if I use a conveyancer or a solicitor if I am purchasing a house in Colliers Wood.
When it comes to conveyancing in Colliers Wood the costs are unlikely to vary dramatically depending on whether the legal expert is a licenced conveyancer or solicitor.