Finally the sale completed on my house in Seahouses last June but the buyer keeps texting every few hours complaining that his lawyer needs to hear from mine. What are the post completion sale formalities now that I have sold?
Post completion of your house sale your lawyer should forward the transfer documentation and all additional paperwork to the purchaser's conveyancer. Where appropriate, your solicitor should also confirm that the legal charge in favour of the lender has been paid off to the buyers lawyers. There are no post completion steps unique to conveyancing in Seahouses.
Does a directory service exist listing Coventry BS panel solicitors in Seahouses on the Council of Mortgage Lender’s Website?
Unfortunately not yet. There is no such tool on the Council of Mortgage Lenders or Building Society Association websites. A small selection of lenders make their panel listings available online. Where you are looking for a Seahouses conveyancer on the Coventry BS please use our facility.
I am purchasing a property in Seahouses. One unusual aspect is that the roof has a solar panel. Solicitors conducting should look into this right? Will my lender RBS be concerned?
Given that you are obtaining a mortgage with RBS your lawyer must check the conveyancing instructions outlined in Section two of UK Finance Lenders’ Handbook for RBS. The CML Handbook contains minimum provisions for solar panel roof-space leases, and property lawyers are required to report to RBS where a lease does not satisfy these provisions. The provisions relate to the installation of panels on properties nationwide and is not limited to Seahouses.
I recently had an offer agreed on an apartment in Seahouses. My mortgage broker recommended their conveyancers. I paid an advanced payment of £225. Shortly after, the solicitor contacted me sheepishly admitting that they were not on the Aldermore conveyancing panel. Am I right in thinking that I should be due a refund?
You should be able to recover this from the law firm if they were not on the Aldermore panel. They should have asked at the outset which lender you were obtaining a mortgage with. An important lesson to readers of this site is to check that the lawyers are on the appropriate lender panel.
I need some fast conveyancing in Seahouses as I have an ultimatum to complete inside one month. A home loan is not required. Is it possible to avoid the conveyancing searches to save fees and time?
If.Given you are are a mortgage free purchaser you have the choice not to do searches although no solicitor would suggest that you don't. With lots of history conveyancing in Seahouses the following are examples of issues that can arise and adversely impact market value: Enforcement Notices, Overdue Charges, Outstanding Grants, Railway Schemes,...
Are there restrictive covenants that are commonly identified during conveyancing in Seahouses?
Restrictive covenants can be picked up when reviewing land registry title as part of the legal transfer of property in Seahouses. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’
Planning to complete next month on a ground floor flat in Seahouses. Conveyancing lawyers assured me that they report fully next week. What should I be looking out for?
Your report on title for your leasehold conveyancing in Seahouses should include some of the following:
Details of the parties to the lease, for example these could be the (you), superior lessor, freeholder Alterations to the premises How long the lease is. You should receive guidance as what happens when the lease ends, and aware of the importance of the 80 year mark Advice as to the provision in the lease to to contribute towards maintenance costs - in relation to the building, and the wider rights a leaseholder has What options are open to you if a neighbour breaches a clause of their lease?
I invested in buying a ground floor flat in Seahouses, conveyancing having been completed half a dozen years ago. Can you shed any light on how much the price could be for a 90 year extension to my lease? Comparable properties in Seahouses with a long lease are worth £201,000. The ground rent is £45 charged once a year. The lease ceases on 21st October 2084
With only 65 years remaining on your lease the likely cost is going to span between £13,300 and £15,400 plus legals.
The suggested premium range that we have given is a general guide to costs for extending a lease, but we are not able to advice on the actual costs in the absence of detailed investigations. Do not use the figures in tribunal or court proceedings. There may be other concerns that need to be considered and you obviously should be as accurate as possible in your negotiations. You should not move forward placing reliance on this information before seeking the advice of a professional.