Completed the sale of my flat in Helston last August yet the purchaser is whats apping daily to say his lawyer is waiting to hear from mysolicitor. What should have happened now that I have sold?
After completion of your sale your conveyancer should deliver the transfer documentation and all of the paperwork to the buyer’s conveyancer. Depending on the transaction, your solicitor must also evidence that the legal charge in favour of the lender has been repaid to the buyers conveyancers. There are no post completion formalities peculiar conveyancing in Helston.
We're in Helston, First time buyers buying with a mortgage (lender is Aldermore , and our solicitor is on the Aldermore conveyancing panel). How long should the conveyancing process take?
The fact that your lawyer is on the Aldermore conveyancing panel is a help. It would almost certainly delay matters if they were not. However, no conveyancer should guarantee a timeframe for your conveyancing, due to third parties outside of your control such as delays caused by lenders,conveyancing search providers or by the other side’s solicitors. The time taken is often determined by the number of parties in a chain.
Should commercial conveyancing searches reveal proposed roadworks that may affect a commercial land in Helston?
Its becoming the norm that commercial conveyancing solicitors in Helston will perform a SiteSolutions Highways report as it dramatically cuts the time that conveyancers spend in researching accurate data on highways that impact buildings and development assets in Helston. The search result sets out definitive data on the adoption status of roads, footpaths and verges, as well as the implication of traffic schemes and the rights of way surrounding a commercial development sites in Helston.
For every commercial conveyancing transaction in Helston it is crucial to investigate the adoption status of roads surrounding a site. Failure to identify developments where adoption procedures have not been dealt with adequately could result in delays to Helston commercial conveyancing deals as well as pose a risk to future intentions for the site. These searches are not ordered for residential conveyancing in Helston.
Due to the guidance of my in-laws I had a survey completed on a house in Helston ahead of appointing lawyers. I have been told that there is a flying freehold element to the house. The surveyor has said that some lenders tend not issue a loan on such a property.
It depends who your proposed lender is. HSBC has different requirements from Halifax. If you e-mail us we can check with the relevant bank. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Helston. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Helston to see if the conveyancing costs will increase in light of this.
I have recently realised that I have 68 years unexpired on my flat in Helston. I am keen to extend my lease but my landlord is can not be found. What are my options?
On the basis that you qualify, under the Leasehold Reform, Housing and Urban Development Act 1993 you can submit an application to the County Court for for permission to dispense with the service of the initial notice. This will mean that your lease can be granted an extra 90 years by the magistrate. You will be obliged to demonstrate that you have made all reasonable attempts to track down the landlord. For most situations an enquiry agent would be helpful to conduct investigations and prepare a report which can be used as proof that the freeholder can not be located. It is wise to seek advice from a conveyancer both on devolving into the landlord’s disappearance and the application to the County Court overseeing Helston.
Leasehold Conveyancing in Helston - A selection of Questions you should ask Prior to buying
Make sure you enquire if there is anything that is prohibited in the lease. For instance some leases prohibit pets being permitted in certain buildings in Helston. If you love the apartmentin Helston yet your dog can’t move with you then you will be presented with a hard compromise. Who are the managing agents? You should want to find out as much as you can regarding the company managing the block as they can either make your living at the property much simpler or problematic. Being a leasehold owner you are frequently in the clutches of the managing agents both financially and when it comes to daily matters like the cleanliness of the common parts. Ask prospective neighbours what they think of them. In conclusion, investigate as to the dates that you are obliged pay the maintenance charge to the appropriate party and specifically what it includes.