Having sold my house in Merseyside last May yet the purchaser is e-mailing daily to moan that her lawyer is waiting to hear from mine. What should my lawyer have done following completion?
Following your house sale your solicitor should deliver the transfer deeds and all additional paperwork to the buyer’s solicitors. Where relevant, your lawyer must also evidence that the home loan has been repaid to the purchasers conveyancers. There is unlikely to be post completion steps just for conveyancing in Merseyside.
Do I need to have a meeting at the offices of the solicitor to sign the legal charge? If so, I will appoint a lawyer who conducts conveyancing in Merseyside so that I can pop in to their offices if required.
Nowadays conveyancing panel lawyers for lenders undertake all of the communications via Royal Mail, internet or over the phone. This means that they can undertake the conveyancing transaction regardless of where you live in the country. However you can check if you have the option of visiting the offices of your conveyancing lawyer if you prefer.
I have recentlybeen informed that Wolstenholmes have closed. They conducted my conveyancing in Merseyside for a purchase of a freehold house 12 months ago. How can I establish that my home is not still registered in the name of the previous owner?
The easiest way to see if the property is in your name, you can make a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Merseyside conveyancing specialists.
I've recently found out that there is a flying freehold element on a house I put an offer in two weeks back in what should have been a straight forward, no chain conveyancing. Merseyside is where the house is located. Can you shed any light on this issue?
Flying freeholds in Merseyside are not the norm but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Merseyside you must be sure that your lawyer goes through the deeds very carefully. Your lender may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Merseyside 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.
Estate agents have just been given the go-ahead to market my garden apartment in Merseyside. Conveyancing has not commenced, however I have just received a yearly service charge demand – Do I pay up?
Your conveyancing lawyer is likely to suggest that you should clear the invoice as normal as all ground rent and maintenance payments will be apportioned as part of the financial calculations for completion monies, so you should recover the relevant percentage by the buyer for the period running from after the completion date to the subsequent invoice date. Most management companies will not acknowledge the buyer until the service charges have been paid and are up to date, so it is important for both buyer and seller for the seller to show that they are up to date. Having a clear account will assist your cause and will leave you no worse off financially.
I own a 1st floor flat in Merseyside, conveyancing having been completed half a dozen years ago. Can you work out an approximate cost of a lease extension? Comparable flats in Merseyside with a long lease are worth £265,000. The ground rent is £50 charged once a year. The lease ends on 21st October 2096
With only 75 years remaining on your lease the likely cost is going to span between £8,600 and £9,800 plus plus your own and the landlord's "reasonable" professional fees.
The suggested premium range that we have given is a general guide to costs for renewing a lease, but we are not able to provide the actual costs in the absence of comprehensive investigations. You should not use this information in tribunal or court proceedings. There may be other concerns that need to be considered and you obviously want to be as accurate as possible in your negotiations. Please do not take any other action placing reliance on this information without first getting professional advice.