Having sold my house in Horfield last May yet the purchaser is e-mailing every few hours to moan that his solicitor needs to hear from mine. What should my lawyer have done now that I have sold?
After completion of your sale your lawyer should deliver the transfer documentation and all of the paperwork to the purchaser's conveyancer. If applicable, your solicitor should also confirm that the home loan has been redeemed to the buyers solicitors. There is unlikely to be post completion steps just for conveyancing in Horfield.
The estate agent has sent us the confirmation of our purchase of a new build apartment in Horfield. Conveyancing is a frightening process at the best of times but I have never purchased a new build flat before. What sort of enquires would be asked in new build legal work.
Set out below is a sample of a few leasehold new build enquiries that you can expect your new-build leasehold conveyancing in Horfield
There must be mutual enforceability of lessee’s covenants. The Lease must contain a provision on behalf of the Vendor to pay the service charges in respect of unoccupied units in order to ensure that all services can be provided. Please supply evidence that the form of Lease proposed has been approved by the Land Registry. Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company? If there are lifts in the building, please confirm that the owners of flats on the ground and basement floors will not be required to contribute towards the cost of maintenance and renewal.
I decided to have a survey done on a house in Horfield prior to appointing solicitors. I have been informed that there is a flying freehold overhang to the property. Our surveyor has said that some lenders tend not grant a loan on a flying freehold house.
It varies from the lender to lender. Santander has different requirements from Birmingham Midshires. If you contact us we can check via the appropriate lender. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Horfield. Conveyancing will be smoother if you use a solicitor in Horfield especially if they regularly deal with such properties in Horfield.
We are 18 days into a freehold purchase having been directed to solicitors by the local agent to carry out the conveyancing in Horfield. I am am very disappointed with the level of service. Could you help me find new solicitors?
They would have to be really bad in order to consider changing them. Has your mortgage been generated? If so you will need to make them aware of the replacement lawyer and have the offer are re-issued. Your conveyancer needs to be on the lenders panel to avoid supplemental charges and frustration. So that should be your starting point. Our search tool should assist you in finding a bank approved lawyer for your home move in Horfield
We expect to complete our sale of a £125,000 maisonette in Horfield in 10 days. The freeholder has quoted £324 for Landlord’s certificate, insurance certificate and previous years statements of service charge. Is the landlord entitled to charge exorbitant fees for a leasehold conveyance in Horfield?
For the majority of leasehold sales in Horfield conveyancing will involve, questions about the management of a building inevitably needing to be answered directly by the freeholder or its agent, this includes :
Addressing conveyancing due diligence enquiries
Where consent is required before sale in Horfield
Copies of the building insurance and schedule
Deeds of covenant upon sale
Registering of the assignment of the change of lessee after a sale
I invested in buying a basement flat in Horfield, conveyancing was carried out February 2011. Can you let me have an estimated range of the fair premium for a lease extension? Corresponding properties in Horfield with over 90 years remaining are worth £176,000. The ground rent is £50 invoiced annually. The lease comes to an end on 21st October 2101
With just 80 years remaining on your lease we estimate the premium for your lease extension to span between £7,600 and £8,800 plus costs.
The suggested premium range that we have given is a general guide to costs for renewing a lease, but we cannot give you a more accurate figure in the absence of comprehensive investigations. Do not use this information in a Notice of Claim or as an informal offer. There are no doubt other concerns that need to be considered and clearly you should be as accurate as possible in your negotiations. You should not take any other action placing reliance on this information before seeking the advice of a professional.