Completed the sale of my flat in Thornhill last January but my buyer keeps e-mailing daily to moan that his lawyer is waiting to hear from mine. What are the post completion sale formalities now that I have sold?
Post completion of your sale your solicitor is committed to send the transfer documentation and all of the paperwork to the purchaser's solicitors. Depending on the transaction, your lawyer should also send confirmation that the legal charge in favour of the lender has been repaid to the purchasers lawyers. There are no post completion tasks unique to conveyancing in Thornhill.
My uncle passed away six months ago and as sole heir and executor I was left the house in Thornhill. The house had a small mortgage remaining of approximately £4500. I want to have the title changed into my name whilst I re-mortgage to Lloyds, pay off the mortgage. Is this allowed?
Where you plan to refinance then Lloyds will require that you use a conveyancer on the Lloyds conveyancing panel. Here is link to the Land Registry online guidance around what to do when a property owner dies. This will help you to understand the registration process behind changing the details re the registered title. in your case it would appear that you are effectively purchasing the property from the estate. Your Lloyds conveyancing panel solicitor pays the new mortgage money into the estate, the estate pays off the old mortgage, the charge is released and you become the owner and the Lloyds mortgage is registered as a charge at the Land Registry.
Just had an offer accepted on a new build apartment in Thornhill. 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 conveyancing.
Here are examples of a few leasehold new build questions that you should expect your new-build leasehold conveyancing in Thornhill
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Will control of the Management Company (if any) be handed over to purchasers on completion of the last sale or earlier? Where there is an Undertaking being granted there is the risk of forfeiture of the Headlease subject to relief if one or more of the Underlessees are willing to accept the original Head Lessee’s obligations as otherwise relief will be denied to the Underlessees. The only alternatives are the Head Lessor agreeing not to forfeit the Headlease or the Head Lessee guaranteeing to the Underlessees that it will not be in breach of the Headlease. 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. There must be mutual enforceability of lessee’s covenants.
I opted to have a survey done on a property in Thornhill ahead of retaining solicitors. I have been advised that there is a flying freehold overhang to the house. My surveyor advised that some lenders will refuse to give a loan on a flying freehold property.
It depends who your proposed lender is. Lloyds has different instructions for example to Halifax. If you e-mail us we can check with the appropriate mortgage company. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Thornhill. Conveyancing may be slightly more expensive based on your lender's requirements.
Is it possible to swap conveyancer as I have to find a firm on the TSB conveyancing panel. I was using a local conveyancing solicitor in Thornhill five minutes from me but he is not approved by TSB
We will our best to assist in finding you a conveyancing solicitor in Thornhill on the TSB panel. Please note that the law firms that we on the directory do not pay us commission if you instruct them and are regulated by the Solicitors Regulation Authority who oversee all conveyancing solicitors in Thornhill. In utilising the find a conveyancing solicitor tool on this website, you can compare costs for conveyancing solicitors in Thornhill and beyond.
I have just started marketing my garden apartment in Thornhill. Conveyancing lawyers have not yet been instructed, however I have just had a half-yearly service charge invoice – what should I do?
The sensible thing to do is discharge the service charge as you normally would as all rents and service charges will be apportioned on completion, so you will be reimbursed by the purchaser for the period running from after the completion date to the subsequent invoice date. Most managing agents will not acknowledge the buyer unless the service charges have been paid and are up to date, so it is important for both buyer and seller for the seller to show that they are up to date. Having a clear account will assist your cause and will leave you no worse off financially.
Thornhill Conveyancing for Leasehold Flats - Sample of Queries before Purchasing
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How much is the ground rent and service charge? Is there a share of the freehold?