Finally the sale completed on my house in Hedon last August but our buyer keeps texting daily to moan that her lawyer is waiting to hear from mine. What should have happened now that I have sold?
Following your sale your conveyancer is duty bound to forward the transfer deeds and all of the paperwork to the buyer’s lawyers. If applicable, your solicitor should also confirm that the home loan has been paid off to the purchasers lawyers. There is unlikely to be post completion tasks just for conveyancing in Hedon.
I am looking for a flat up to £195,000 and found one near me in Hedon I like with amenity areas and transport links nearby, the downside is that it's only got 51 remaining years left on the lease. There is not much else in Hedon suitable, so just wondered if I would be making a grave error purchasing a lease with such few years left?
Should you require a home loan the shortness of the lease will likely be problematic. Reduce the offer by the anticipated lease extension will cost if it has not already been discounted. If the current owner has owned the property for a minimum of twenty four months you may request that they start the process of the extension and pass it to you. An additional ninety years can be extended on to the current lease term and have £0 ground rent by law. You should consult your conveyancing lawyer regarding this.
In what way does the Landlord & Tenant Act 1954 impact my commercial property in Hedon and how can you help?
The 1954 Act provides protection to business tenants, giving them the legal entitlement to make a request to court for a new lease and remain in occupation when the lease reaches an end. There are limited grounds where a landlord can refuse a lease renewal and the rules are complicated. Fees are different for commercial conveyancing. Hedon is one of our many areas of the UK in which our lawyers are located
I need to retain a conveyancing solicitor for sale conveyancing in Hedon. I happened to discover a site which looks to be the ideal answer If it is possible to get all the legals completed via email that would be ideal. Should I be wary? What are the potential pitfalls?
As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?
Our solicitor in Hedon is asking me for proof of ID documents asserting that this is part of his retainer as a conveyancer on the mortgage company Solicitor panel. Can this be correct?
Due to Money Laundering Regulations your conveyancing lawyer is duty bound to confirm positively your identification when entering into a business relationship with you. It is a criminal offence if your lawyer not do this. If you do not provide ID early in the transaction the solicitor must refuse to act for you. It’s unlikely a lawyer will turn you away if you come to the first meeting without relevant ID but you will have to produce it at some point so you might as well bring it with you to the initial meeting so the lawyer can tick the ID verification box and start sorting out the conveyancing straight away. If you are getting a mortgage, your lawyer also has to check ID documents to satisfy the lender. This is not specific to conveyancing in Hedon