When can the exchange of contracts occur in residential conveyancing in Crymych and am I required to be at the lawyers office?
Where you are local to our conveyancing solicitors in Crymych you are welcome to come in to sign documents. However, the law practices we work with provide a national conveyancing service and provide just as diligent and professional a job for you when communicating with you electronically. The signing of the property agreement is not when everything is set in stone. Signing on the dotted line is just a prerequisite for the firm to address the formalities at the appropriate time, which will usually be very shortly after signing. The procedure is is usually a five minute process, although where a lengthy "chain" is involved, since the process requires the relevant party's solicitor (not necessarily a conveyancing solicitor in Crymych)to be in the office available at the end of the phone to exchange contracts.
I purchased a semi-detached Georgian property in Crymych. Conveyancing solicitor represented me and Birmingham Midshires. I did a free Land Registry search last week and there are a couple of entries: the first freehold, the second leasehold under the matching property. If a house is not a freehold shouldn't I have been informed?
You need to assess the Freehold register you have again and check the Charges Register as there may be mention of a lease. The best way to be sure that you are also the registered proprietor of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Crymych and other locations in the country and poses no real issues for owners other than when they remortgage they have to account for both freehold and leasehold interests when dealing with purchasers. You can also enquire as to the situation with your conveyancing solicitor who completed the work.
I am buying a new build flat in Crymych. Conveyancing is a frightening process at the best of times but I have never purchased a new build flat before. What sort of enquires would be asked in new build conveyancing.
Set out below is a sample of a few leasehold new build enquiries that you can expect your new-build leasehold conveyancing in Crymych
The Landlord must covenant to assume the management if the Management Company goes into liquidation or otherwise defaults in running the management scheme. Please confirm the Lease plans are surveyor prepared. 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. Investor purchasers must be able to freely grant unsecured tenancies at market rents without requiring any consents. Where service of notices and proceedings can be at the property demised please confirm that this can be amended to include simultaneous services at the Lessees’ solicitors’ offices where the Lessee from time to time is not resident in the UK - such solicitors may be varied by notice in writing to the Landlord from time to time but otherwise will be as previously specified.
I'm remortgaging my primary house to a BTL mortgage with Aldermore and intend to use the remaining equity as a down payment on further house. The location we are talking about is Crymych. Will your solicitors be able to act for both sets of banks and link together the two deals?
Make use of our comparison tool on this page to be sure that the conveyancers are approved by both mortgage companies. Having checked that they are the lawyer will be able to simultaneously deal with the two deals but you should have a chat with you conveyancer and specify your expectations and requirements.
We are in the throes of selling our flat in Crymych. Conveyancing is fine but we have been asked to pay an extortionate amount by the freeholder. To date we have paid £237 for a leasehold management information and then a further £117.20 for responses to questions raised by the purchaser's solicitor.
Neither you or your lawyer will have any sway over the extent of the bill for this information but the typical costs for the information for Crymych leasehold property is £360. For Crymych conveyancing sales it is usual for the owner to pay for these costs. The freeholder or their agents are not duty bound to address these questions most will be content to do so - albeit often at exorbitant prices where the fees bear little relation to the work involved. Regretfully there is no statute that requires fixed fees for administrative tasks. There is no set time limit by which they are required to provide the information.