Finally the sale completed on my house in Heathfield last December but our buyer keeps texting me to say her conveyancer needs to hear from mine. What are the post completion sale formalities now that I have sold?
Following your disposal your lawyer should forward the transfer deeds and all supplemental paperwork to the purchaser's solicitors. If applicable, your lawyer must also evidence that the legal charge in favour of the lender has been redeemed to the buyers conveyancers. There are no post completion requirements unique to conveyancing in Heathfield.
Despite weeks of looking the Title Certificate and documents to our home can not be found. The lawyers who handled the conveyancing in Heathfield 10 years ago have long since closed. What do I do?
As long as you have a registered title the details of your ownership will be retained by HMLR with a Title Number. It is possible to perform a search at the Land Registry, identify your house and get current copies of the Registered Entries for a small fee. Where the title is Leasehold then the Land Registry will also normally retain a certified copy of the Registered Lease and again, a copy can be retrieved for a small fee.
I am purchasing a new build house in Heathfield benefiting from help to buy. The developers refused to move on the price so I negotiated £7000 of additionals instead. The property agent suggested that I not reveal to my conveyancer about the side-deal as it could put at risk my mortgage with the lender. Is this normal?.
All lenders require a Disclosure of Incentives Form from the developer of any new build, converted or renovated property, It is available online from the Lenders’ Handbook page on the CML website. CML form is completed and handed to the lender's surveyor when the inspection is done.
Lenders have different policies on incentives. Some accept none at all, cash or physical, while others will accept cash incentives up to 5%.
Hard to understand why the representative of a builder would be suggesting you withold information from a solicitor when all this will be clearly visible on forms the builder has to supply to its solicitor, the buyer's solicitor and the surveyor.
What are your top tips when it comes to choosing a Heathfield conveyancing practice to carry out our lease extension conveyancing?
If you are instructing a property lawyer for your lease extension (regardless if they are a Heathfield conveyancing firm) it is essential that they be familiar with the legislation and specialises in this area of work. We recommend that you make enquires with two or three firms including non Heathfield conveyancing practices prior to instructing a firm. If the firm is ALEP accredited then that’s a bonus. The following questions could be useful:
What volume of lease extensions have they conducted in Heathfield in the last 12 months? How experienced is the firm with lease extension legislation?
Leasehold Conveyancing in Heathfield - A selection of Questions you should consider before Purchasing
Is the freehold reversion owned collectively by the leaseholders? The prefered form of lease structure is if the freehold title is in the ownership of the leaseholders. In this scenario the leaseholders benefit from control and although a managing agent is usually retained if it is bigger than a house conversion, the managing agent is directed by the tenants.
Me and my partner are first time buyers just having agreed a price on a property in Heathfield, and are now looking to get solicitors instructed. We have utilised the different rating tools and the fee estimates are from all over the England and Wales. Is it advisable to have a Heathfield lawyer local to your prospective house? I am willing to do everything electronically, but I am thinking at some point we will need to attend the conveyancer's office to sign documents?
On the whole there is no requirement to attend the office of your conveyancing practitioner, they can send any relevant papers to you, which you can sign and send back. Many home movers nevertheless opt to use a locally based solicitor, but it's by no means a prerequisite for conveyancing in Heathfield.