We are selling our home in Grenoside and the buyers lawyers are claiming that there is a risk of it being built land that was not decontaminated. A high street Grenoside lawyer would know this is not the case. For the life of me I don't know why the purchasers used a web based conveyancing practice as opposed to a conveyancing solicitor in Grenoside. We have lived in Grenoside for many years we know of no issue. Do we get in touch with our local Authority to get confirmation that the buyers are looking for.
It sounds as though you may have a conveyancing firm currently acting for you. What do they say? You need to 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 illness)
How does conveyancing in Grenoside differ for newly converted properties?
Most buyers of new build property in Grenoside contact us having been asked by the seller to exchange contracts and commit to the purchase even before the premises is ready to move into. This is because new home sellers in Grenoside usually buy the real estate, 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 conveyancers 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 used to new build conveyancing in Grenoside or who has acted in the same development.
I decided to have a survey completed on a property in Grenoside ahead of retaining conveyancers. I have been told that there is a flying freehold overhang to the house. Our surveyor advised that some mortgage companies tend not issue a loan on such a house.
It varies from the lender to lender. Santander has different instructions from Halifax. If you contact us we can check with the appropriate bank. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Grenoside. Conveyancing may be slightly more expensive based on your lender's requirements.
As co-executor for the estate of my father I am selling a property in Neath but I am based in Grenoside. My conveyancer (approximately 250 miles awayhas requested that I execute a statutory declaration prior to the transaction finalising. Can you recommend a conveyancing lawyer in Grenoside to witness this legal document for me?
Technically speaking you should not be required to have the documents witnessed by a conveyancing solicitor. Ordinarily or notary public or solicitor will suffice regardless of whether they are located in Grenoside
What makes a Grenoside lease problematic?
Leasehold conveyancing in Grenoside is not unique. All leases are drafted differently and drafting errors can result in certain provisions are wrong. For example, if your lease is missing any of the following, it could be defective:
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Service charge per centages that don't add up correctly leaving a shortfall A provision for the recovery of money spent for the benefit of another party.
A defective lease will likely cause issues when trying to sell a property primarily because it impacts on the ability to obtain a mortgage on the property. Birmingham Midshires, The Royal Bank of Scotland, and Nottingham Building Society all have very detailed requirements when it comes to what is expected in a lease. Where a lender has been advised by their lawyers that the lease does not cover certain provisions they may refuse to provide security, obliging the buyer to pull out.
Leasehold Conveyancing in Grenoside - Examples of Questions you should ask Prior to Purchasing
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This question is useful as a) areas could cause problems for the block as the common areas may start to deteriorate where services remain unpaid b) if the leasehold owners have an issue with the running of the building you will want to have complete disclosure Is anyone aware of any major works in the planning that will likely add a premium to the service charges? Most Grenoside leasehold flats will be liable to pay a service charge for maintenance of the block set on behalf of the landlord. Should you purchase the flat you will have to meet this liability, usually periodically throughout the year. This can vary from a couple of hundred pounds to thousands of pounds for large purpose-built buildings. In all probability there will be a rentcharge to be met annual, normally this is not a significant figure, say about £50-£100 but you should to check it because occasionally it can be many hundreds of pounds.