Finally the sale completed on my house in Otford last April but my buyer keeps texting daily complaining that her conveyancer needs to hear from mylawyer. What are the post completion sale formalities following completion?

Post completion of your sale your solicitor is duty bound to forward the transfer deeds and all additional paperwork to the purchaser's solicitors. Where appropriate, your conveyancer should also confirm that the home loan has been discharged to the buyers solicitors. There are no post completion procedures specific conveyancing in Otford.

I have been told that property searches are the main reason for obstruction in Otford conveyancing transactions. Is that correct?

The Council of Property Search Organisations (CoPSO) released findings of research by MoveWithUs that conveyancing searches do not figure within the top 10 causes of delays in the conveyancing process. Local searches are not likely to feature in any slowing down conveyancing in Otford.

About to purchase a new build apartment in Otford. Conveyancing is daunting at the best of times but I have never purchased a new build flat before. What sort of enquires would be asked in new build legal work.

Here are examples of a few leasehold new build enquiries that you may expect your new-build leasehold conveyancing in Otford

Please confirm the Lease plans are surveyor prepared. The Lease must contain a provision on behalf of the Vendor to pay the service charges in respect of unoccupied units in order to ensure that all services can be provided. Please supply evidence that the form of Lease proposed has been approved by the Land Registry. The Landlord must covenant to assume the management if the Management Company goes into liquidation or otherwise defaults in running the management scheme. Investor purchasers must be able to freely grant unsecured tenancies at market rents without requiring any consents.

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At this site receive a conveyancing quote via a Solicitor or Licensed Conveyancer that appreciates the nuances of your conveyancing in Otford. As opposed to estate agents and many comparison sites we do not charge firms a commission if you select them for your conveyancing in Otford

In relation to leasehold conveyancing in Otford what are the most frequent lease problems?

Leasehold conveyancing in Otford is not unique. All leases are individual and drafting errors can sometimes mean that certain clauses are erroneous. For example, if your lease is missing any of the following, it could be defective:

Maintenance charge proportions which don’t add up to the correct percentage

A defective lease can cause problems when trying to sell a property primarily because it impacts on the ability to obtain a mortgage on the property. HSBC Bank, Bank of Scotland, and TSB all have express conveyancing instructions when it comes to what is expected in a lease. If a mortgage lender believes that the lease does not cover certain provisions they may refuse to grant the mortgage, obliging the buyer to withdraw.

Otford Leasehold Conveyancing - Sample of Questions you should consider before buying

Its a good idea to find out as much as possible concerning the managing agents as they will either make living at the property much simpler or problematic. Being a leasehold owner you are frequently at the mercy of the managing agents from a financial perspective and when it comes to practical matters like the tidiness of the communal areas. You should not be afraid to ask other tenants what they think of their service. Finally, find out the dates that you are obliged pay the service charge to the managing agents and specifically what it includes. Please inform me if there are any major works anticipated that will add a premium to the maintenance charges?