Having sold my house in North Cornelly last October but the buyer keeps texting every few hours to say her conveyancer needs to hear from myconveyancer. What are the post completion sale legalities following completion?
Post completion of your house sale your lawyer should forward the transfer deeds and all supplemental paperwork to the buyer’s solicitors. Depending on the transaction, your solicitor should also confirm that the legal charge in favour of the lender has been redeemed to the buyers solicitors. There are no post completion tasks peculiar conveyancing in North Cornelly.
Are the BSA planning on creating a search tool with a view to list solicitors on the Melton Mowbray Building Society conveyancing panel for instance in North Cornelly?
We have not been informed any plans on the part of the BSA to develop such a register.
Yesterday I discovered that there is a flying freehold element on a property I have offered on a fortnight ago in what was supposed to be a simple, chain free conveyancing. North Cornelly is the location of the property. Can you offer any assistance?
Flying freeholds in North Cornelly are not the norm but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in North Cornelly you would need to get your solicitor to go through the deeds very carefully. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in North Cornelly 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 residence.
My company is planning to take over a lease of an office on the high street. Can you recommend lawyers offering competitive charges for commercial conveyancing in North Cornelly for under £1,200?
We can recommend firms who have specialist knowledge of commercial conveyancing in North Cornelly, including the sale and purchase of businesses as well as simply premises. If you are hoping to purchase or dispose of a shop, pub, restaurant, office, retail premises or a whole business we can find you the right solicitor. As for the costs this will depend on the structure and heads of terms of the proposed transaction. Let us have your contact information or email so as to enable us to provide you with comprehensive commercial conveyancing quote.
I am on look out for some leasehold conveyancing in North Cornelly. Before I get started I would like to find out the number of years remaining on the lease.
If the lease is registered - and 99.9% are in North Cornelly - then the leasehold title will always include the short particulars of the lease, namely the date; the term; and the original parties. From a conveyancing perspective such details then enable any prospective buyer and lender to confirm that any lease they are looking at is the one relevant to that title. For any other purpose, such as confirming how long the term was granted for and calculating what is left, then the register should be sufficient on it's own.
I purchased a 1st floor flat in North Cornelly, conveyancing having been completed May 1995. Can you give me give me an indication of the likely cost of a lease extension? Similar flats in North Cornelly with a long lease are worth £197,000. The average or mid-range amount of ground rent is £55 invoiced annually. The lease expires on 21st October 2079
With 55 years remaining on your lease we estimate the premium for your lease extension to range between £31,400 and £36,200 plus legals.
The suggested premium range that we have given is a general guide to costs for renewing a lease, but we are not able to advice on a more accurate figure in the absence of comprehensive investigations. You should not use this information in tribunal or court proceedings. There are no doubt 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 before seeking the advice of a professional.