This question may be naive but I am new to the home buying as a first time buyer of a two bedroom flat in Wealdstone. Do I pick up the keys to the house on the completion date from my conveyancer? If so, I will use a local conveyancing solicitor in Wealdstone?
There is no need to visit the lawyers office on the day of completion. Your solicitors will transfer the completion advance to the seller's conveyancers, and once they have received this, you will be called to pick up the keys from the property Agents and move into your new home. This tends to happen between 1 and 3pm.
I am the sole beneficiary of my late mum's estate and I have everything in my name alone, including the house in Wealdstone. Conveyancing formalities meant that the Land Registry date was in January. I plan to dispose of the house. I understand that there is a Mortgage Lenders 6 month 'rule', which means that my proprietorship could be regarded the same way as though I had purchased the house in January. Do I have to wait half a year to sell?
The CML handbook requires conveyancers to: "report to us immediately if the owner or registered proprietor has been registered for less than six months." By the strict wording you could be affected by that. How practical a view banks take of it, depend on the mortgage company as this requirement is principally there to pick up on subsales or the quick reselling of property.
I have today made my last payment due on my mortgage with Santander. I assume I don't need a Wealdstone conveyancer on the Santander panel to discharge the mortgage at the Land Registry. Please confirm.
If you have finished paying off your Santander mortgage, they may send you evidence showing that you have paid it off. Alternatively they may notify the Land Registry directly. The Land Registry need to see this evidence before they will remove the Santander mortgage from the register. Santander, and any evidence they send you, will determine the action you need to take. In cases where no conveyancer is acting for you and you have paid off your mortgage:
- but are not moving to another property
- where Santander has sent the Land Registry the discharge electronically, and
- Santander has instructed the Land Registry to do so
I completed on my flat on 16 April and the transaction details are still not registered. Any reason for this? My conveyancing solicitor in Wealdstone advises it should be recorded in less than a month. Are titles in Wealdstone particularly slow to register?
As far as conveyancing in Wealdstone is concerned, registration is no faster or slower than anywhere else in England and Wales. As opposed to being determined by geographic area, timescales can adjust depending on the party submitting the application, whether there are errors and whether the Land registry communicate with any third parties. Currently roughly 80% of submission are fully dealt with within two weeks but occasionally there can be extensive hold-ups. Registration occurs after the new owner is living at the property thus an expedited registration is not usually an essential issue yet where it is urgent that the the registration takes place urgently then you or your lawyers can communicate with the Registry to express the reasoning for an expedited registration.
About to purchase a new build flat in Wealdstone. Conveyancing is necessary evil at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build legal work.
Here are examples of a selection of leasehold new build questions that you may expect your new-build leasehold conveyancing in Wealdstone
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Forfeiture - bankruptcy or liquidation must not apply under this provision. Investor purchasers must be able to freely grant unsecured tenancies at market rents without requiring any consents. Where service of notices and proceedings can be at the property demised please confirm that this can be amended to include simultaneous services at the Lessees’ solicitors’ offices where the Lessee from time to time is not resident in the UK - such solicitors may be varied by notice in writing to the Landlord from time to time but otherwise will be as previously specified. Please supply evidence that the form of Lease proposed has been approved by the Land Registry. Will control of the Management Company (if any) be handed over to purchasers on completion of the last sale or earlier?
Is there anything unique about your site and other online quote calculators for conveyancing in Wealdstone?
At this site secure a fixed fee costs illustration via a Solicitor or Licensed Conveyancer that understands the issues of your conveyancing in Wealdstone. As opposed to estate agents and brokerage sites we do not operate kick-back deals with solicitors. Many agents and online brokers 'recommend' the firm who pay the most kickback, rather than the best value conveyancing in Wealdstone
Having spent months of correspondence we cannot agree with our landlord on how much the lease extension should cost for our flat in Wealdstone. Does the Leasehold Valuation Tribunal have jurisdiction to calculate the appropriate figures?
Most definitely. We are happy to put you in touch with a Wealdstone conveyancing firm who can help.
An example of a Freehold Enfranchisement decision for a Wealdstone flat is 139/139A Masons Avenue in February 2010. this was a case with an absentee freeholder. As a result the leaseholders applied to Willesden County Court for an order dispensing with the giving of a notice of claim.14th October 2009 District Judge Brar granted a vesting order and the court directed that the matter should be transferred to this tribunal to determine the freehold premium. The tribunal concluded on a figure of £13,000 for the freehold interest This case was in relation to 1 flat. The remaining number of years on the lease was 74 years.
When it comes to leasehold conveyancing in Wealdstone what are the most common lease problems?
Leasehold conveyancing in Wealdstone is not unique. All leases are individual and legal mistakes in the legal wording can result in certain clauses are erroneous. For example, if your lease is missing any of the following, it could be defective:
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Insurance obligations
You may encounter a problem when selling your property if you have a defective lease as they can affect a potential buyer’s ability to obtain a mortgage. Yorkshire Building Society, Bank of Scotland, and Bank of Ireland all have express requirements when it comes to what is expected in a lease. If a mortgage lender believes that the lease is defective they may refuse to provide security, obliging the purchaser to withdraw.