I require conveyancing for an apartment in a relatively new development (seven years built) in Penn. 95% of the properties are already disposed of. Is it really necessary to order conveyancing searches for my conveyancing in Penn?
You would be putting yourself at risk in failing carrying out Penn conveyancing searches. Without searches you have no clarity over flooding, environmental etc which may mean you walk away due to potential problems down the line. If you are buying mortgage free there is no legal requirement to have them, but we would absolutely advise in the strongest possible terms that you have them. Where timings and expenses are top of your issues you should consider with your lawyer about the options such as indemnity insurance available to you
Can you explain why leasehold purchase conveyancing in Penn is more expensive?
The conveyancing charges for a leasehold premises in Penn is inevitably more expensive as compared to a freehold transaction. This is due to the additional investigations necessary in communicating with the landlord and management company to collate the information about whether the rent and service fee have been cleared and whether there are any major works due in the foreseeable future on repairs or maintenance of the building.
I am assisting my sister sell her flat in Penn. Does the solicitor arrange the energy performance certificate or it is for the owner to see to?
Following the demise of Home Information Packs, energy performance certificates became a required element of selling a property. An EPC should be commissioned before the property is marketed. This is not as aspect of the sale process that conveyancers ordinarily organise. Where you are instructing a Penn conveyancing solicitor they might be willing to arrange energy assessments due to their contacts with reputable Penn providers
I just bought a house at auction in Penn. Conveyancing is necessary. What happens now?
Having to in every practical sense signed on the dotted line you must retain a conveyancing practitioner soon as you now have a pending deadline in which to complete the transaction. Every auction property will have an associated auction set of papers. This will likely include evidence of title and search results. In the case of leasehold property the conveyancing pack should contain a copy of the lease, management information and a sellers leasehold information form and other conveyancing paperwork relating to a leasehold property. You must pass this on to your appointed conveyancing solicitor ASAP. Do make sure that that you have the requisite funding organised to complete on the on the contractual date .
I am due to move property in November. Does my conveyancing solicitor liaise with the removal company on the completion day. As an aside, can you suggest a removal company in Penn. Conveyancing lawyer was chosen before I stumbled across this website.
On the day of completion you will need to collect the keys from your selling agent however this can only happen after the sellers solicitors advise the agent that they acknowledge receipt of the completion payment and the keys can be passed over. Subsequently you will need to inform the removal company that you are ready to move in. As a matter of policy we do not recommend a specific removal company but can help you locate a conveyancing in Penn or a solicitor that specialises in conveyancing in Penn.
My wife and I purchased a semi-detached Edwardian property in Penn. Conveyancing lawyer represented me and Virgin Money. I happened to do a free search for it on the Land Registry database and there are a couple of entries: one for freehold, the second leasehold under the exact same address. Is it worth asking Virgin Money to clarify?
You need to review 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 Penn and other areas of 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 buyers. You can also question the situation with your conveyancing solicitor who conducted the work.
Yesterday I discovered that there is a flying freehold issue on a house I put an offer in two weeks back in what should have been a simple, chain free conveyancing. Penn is the location of the property. Can you shed any light on this issue?
Flying freeholds in Penn are unusual but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Penn 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 Penn may decide 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.