Completed the sale of my flat in Houghton Le Spring last October yet the purchaser is calling every few hours complaining that their solicitor is waiting to hear from mylawyer. What should my lawyer have done now that I have sold?
Following your house sale your solicitor is obliged to send the transfer documentation and all additional paperwork to the buyer’s lawyers. Where relevant, your conveyancer should also confirm that the mortgage has been repaid to the buyers lawyers. There is unlikely to be post completion tasks specific conveyancing in Houghton Le Spring.
We had instructed solicitors located in Houghton Le Spring on the Clydesdale solicitor panel. They have just invoiced me a separate sum for dealing with the Clydesdale mortgage. Is this a supplemental conveyancing fee specified by Clydesdale?
Provided it is contained in their Terms and Conditions or estimate then yes your conveyancer can charge a fee for this. The charge is not dictated by Clydesdale but by your Houghton Le Spring conveyancer. Plenty of firms on the Clydesdale panel will quote ’dealing with mortgage’ fee but some firms incorporate it on their overall fee.
We have agreed to purchase a house in Houghton Le Spring. One unusual aspect is that the roof has a solar panel. HSBC have issued a mortgage offer so presumably this is not a concern to them. Why is my solicitor raising questions about the panel?
As your lender is HSBC your lawyer must comply with the conveyancing instructions outlined in Part 2 of UK Finance Lenders’ Handbook for HSBC. The CML Handbook sets out minimum specifications for solar panel roof-space leases, and conveyancers are required to report to HSBC where a lease fails to satisfy these requirements. The conditions relate to the installation of panels on properties in England and Wales and is not isolated to Houghton Le Spring.
I have today made my last payment due on my mortgage with Kent Reliance. I assume I don't need a Houghton Le Spring conveyancer on the Kent Reliance panel to discharge the mortgage at the Land Registry. Am I right?
If you have finished paying off your Kent Reliance mortgage, they may send you evidence showing that you have paid it off. Alternatively they may notify the Land Registry directly. The Land Registry need to see this evidence before they will remove the Kent Reliance mortgage from the register. Kent Reliance, and any evidence they send you, will determine the action you need to take. In cases where no conveyancer is acting for you and you have paid off your mortgage:
- but are not moving to another property
- where Kent Reliance has sent the Land Registry the discharge electronically, and
- Kent Reliance has instructed the Land Registry to do so
I've recently found out that there is a flying freehold element on a house I have offered on two weeks back in what was supposed to be a quick, no chain conveyancing. Houghton Le Spring is where the house is located. Is there any guidance you can give?
Flying freeholds in Houghton Le Spring are rare but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Houghton Le Spring you must be sure that your lawyer goes through the deeds diligently. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Houghton Le Spring may determine that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold premises.
Hoping to buy a property located in Houghton Le Spring and I am already nervous. I couldn't find anything specific about Houghton Le Spring. Conveyancing will be needed in due course but do you know about the Houghton Le Spring area? or perhaps some other tips you can share?
Rather than looking online forget looking online you should go and have a look at Houghton Le Spring. In the meantime here are some basic statistics that we found
I would like to sublet my leasehold apartment in Houghton Le Spring. Conveyancing solicitor who did the purchase is retired - so can't ask her. Do I need to ask my freeholder for their consent?
Notwithstanding that your previous Houghton Le Spring conveyancing lawyer is no longer around you can review your lease to see if it allows you to sublet the premises. The accepted inference is that if the lease is silent, subletting is allowed. Quite often there is a prerequisite that you need to obtain permission from your landlord or some other party in advance of subletting. The net result is that you cannot sublet without prior permission. Such consent is not allowed to be unreasonably refused ore delayed. If your lease does not allow you to sublet you should ask your landlord if they are willing to waive this restriction.
I am the registered owner of a 1st floor flat in Houghton Le Spring, conveyancing formalities finalised April 2004. Can you please calculate a probable premium for a statutory lease extension? Comparable flats in Houghton Le Spring with over 90 years remaining are worth £190,000. The ground rent is £45 levied per year. The lease finishes on 21st October 2081
You have 62 years left to run we estimate the price of your lease extension to range between £17,100 and £19,800 plus professional fees.
The suggested premium range above a general guide to costs for extending a lease, but we cannot give you a more accurate figure without more detailed investigations. Do not use the figures in tribunal or court proceedings. There may be additional concerns that need to be taken into account and clearly you want to be as accurate as possible in your negotiations. You should not take any other action based on this information before getting professional advice.