Finally the sale completed on my house in Langland last June but our buyer keeps Skype messaging every few hours to say her conveyancer needs to hear from mine. What should have happened now that I have sold?
Following your disposal your conveyancer is obliged to forward the transfer deeds and all additional paperwork to the purchaser's solicitors. Where appropriate, your solicitor must also send confirmation that the legal charge in favour of the lender has been redeemed to the purchasers solicitors. There are no post completion formalities specific conveyancing in Langland.
I know that there are debates on Chancel Insurance on online forums. Do I need chancel insurance when buying a residence in Langland? or Apparently there is a law dating back centuries that could mean that homeowners residing in a parish church boundary may be liable to contribute towards repairs towards the chancel within the church. Is this suitable for conveyancing in Langland?
Unless a previous purchase of the property took place after 12 October 2013 you can assume that solicitors handling conveyancing in Langland to continue to recommend a chancel search and or chancel repair liability insurance.
My wife and I purchased a semi-detached Edwardian property in Langland. Conveyancing lawyer represented me and Platform Home Loans Ltd. I did a free Land Registry search last week and I saw a couple of entries: the first freehold, the second leasehold under the matching address. Is it worth asking Platform Home Loans Ltd to clarify?
You should read the Freehold register you have again and check the Charges Register as there may be mention of a lease. The best way to be sure that you are also the registered proprietor of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Langland and other areas of the country and poses no real issues for owners other than when they mortgage they have to account for both freehold and leasehold interests when dealing with mortgage companies. You can also question the position with the conveyancing lawyer who completed the work.
How does conveyancing in Langland differ for new build properties?
Most buyers of new build premises in Langland approach us having been asked by the housebuilder to exchange contracts and commit to the purchase even before the residence is ready to move into. This is because new home sellers in Langland typically acquire the real estate, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct conveyancers as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are accustomed to new build conveyancing in Langland or who has acted in the same development.
I am looking for a flat up to £235,500 and identified one close by in Langland I like with open areas and transport links nearby, the downside is that it only has 49 years unexpired on the lease. I can't really find anything else in Langland suitable, so just wondered if I would be making a grave error acquiring a lease with such few years left?
Should you need a mortgage that many years will likely be a potential deal breaker. Reduce the offer by the expected lease extension will cost if not already taken into account. If the current owner has owned the premises for at least 2 years you may ask them to commence the lease extension formalities and pass it to you. An additional ninety years can be extended on to the existing lease with a zero ground rent applied. You should speak to your conveyancing solicitor regarding this.