Completed the sale of my flat in Old Woking last January but my buyer keeps whats apping me to say their solicitor is waiting to hear from myconveyancer. What are the post completion sale legalities following completion?
Following your house sale your solicitor should forward the transfer deeds and all additional paperwork to the buyer’s solicitors. If applicable, your conveyancer should also confirm that the home loan has been redeemed to the purchasers solicitors. There are no post completion requirements just for conveyancing in Old Woking.
I have been told that property searches are a common cause of obstruction in Old Woking conveyancing transactions. Is this right?
The Council of Property Search Organisations (CoPSO) has noted the findings of a review by MoveWithUs that conveyancing searches do not figure amongst the most frequent causes of hindrances in the conveyancing process. Searches are not likely to feature in any holding up conveyancing in Old Woking.
My wife and I purchased a 4 bedroom Georgian property in Old Woking. Conveyancing lawyer acted for me and . I did a free Land Registry search last week and there are a couple of entries: one for freehold, the second leasehold under the matching property. If a house is not a freehold shouldn't I have been informed?
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 owner of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Old Woking and other locations in the country and poses no real issues for owners other than when they remortgage they have to account for both freehold and leasehold interests when dealing with purchasers. You can also check the situation with your conveyancing practitioner who conducted the conveyancing.
Yesterday I discovered that there is a flying freehold element on a house I put an offer in a fortnight ago in what should have been a straight forward, chain free conveyancing. Old Woking is the location of the property. Can you shed any light on this issue?
Flying freeholds in Old Woking 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 Old Woking you would need to get your solicitor to go through the deeds thoroughly. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Old Woking may ascertain 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.
What can I do to find out who is the owner of a house in Old Woking?
Provided the property is registered with HMLR, and you have requisite information of the location of the property, you will be able to see details from the HM Land Registry of the recorded proprietor for a fee.