I have recentlydiscovered that Stirling Law have been shut down. They conducted my conveyancing in Grangetown for a purchase of a leasehold flat 12 months ago. How can I be sure that my home is registered correctly in the name of the former proprietor?
The easiest way to check if the property is registered to you, you can carry out a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Grangetown conveyancing specialists.
How does conveyancing in Grangetown differ for newly converted properties?
Most buyers of new build or newly converted property in Grangetown approach us having been asked by the developer to sign contracts and commit to the purchase even before the residence is completed. This is because builders in Grangetown typically acquire the land, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct property lawyers as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are accustomed to new build conveyancing in Grangetown or who has acted in the same development.
I am looking to sell my house. My former solicitors closed down. It would be helpful to have a recommendation of a conveyancing firm. Im based in Grangetown if that makes things easier.
Do use our search tool to help you choose a solicitor for your conveyancing in Grangetown. We have connected thousands of home buyers and sellers with lender approved solicitors to ensure that the legalities of their house move goes with a minimum of fuss.
I work for a busy estate agency in Grangetown where we have experienced a few leasehold sales jeopardised as a result of leases having less than 80 years remaining. I have been given conflicting advice from local Grangetown conveyancing firms. Could you clarify whether the vendor of a flat can start the lease extension process 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. This means that the buyer need not have to sit tight for 2 years for a lease extension. Both sets of lawyers will agree to form of assignment. The assignment needs to be completed before, or at the same time as completion of the sale.
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 purchaser.
Grangetown Conveyancing for Leasehold Flats - A selection of Questions you should ask before buying
What is the the remaining lease term? Does the lease contain onerous restrictions? What is the yearly maintenance fee and ground rent?
How do I find a Grangetown conveyancing solicitor on the mortgage company conveyancing panel? I have a car and am prepared to travel up to twentymiles to meet the solicitor.
Feel free to make use of the find a conveyancing panel search on this page. Please choose the lender and your location, in this case Grangetown and you will see a number of lawyer located nearest Grangetown. Alternatively you can type in the name of your proposed law firm and see if they are listed as being on the bank solicitor panel.