Completed the sale of my flat in Wormwood Scrubs last February yet the purchaser is calling daily to moan that her lawyer needs to hear from mylawyer. What should my lawyer have done now that I have sold?
Following your house sale your conveyancer is duty bound to send the transfer documentation and all supplemental paperwork to the purchaser's lawyers. Where relevant, your solicitor should also confirm that the home loan has been repaid to the purchasers conveyancers. There are no post completion formalities peculiar conveyancing in Wormwood Scrubs.
I have justbeen informed that Action Conveyancing have been shut down. They conducted my conveyancing in Wormwood Scrubs for a purchase of a leasehold flat 10 months ago. How can I be sure that the property is in my name in the name of the previous owner?
The easiest way to check if the premises is in your name, you can make a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Wormwood Scrubs conveyancing specialists.
I opted to have a survey done on a house in Wormwood Scrubs ahead of retaining lawyers. I have been informed that there is a flying freehold overhang to the house. The surveyor has said that some banks will not give a loan on this type of home.
It varies from the lender to lender. HSBC has different instructions for example to Nationwide. If you contact us we can check via the relevant mortgage company. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Wormwood Scrubs. Conveyancing may be slightly more expensive based on your lender's requirements.
Are there any apps to help identify a Wormwood Scrubs law firm on the Coventry Building Society conveyancing panel? I drive a motor bike and am happy to travel upto 20miles to meet the conveyancer.
Feel free to make use of the tool on this page. Please choose the bank and your location and you will see a number of Wormwood Scrubs conveyancing lawyers located nearest you. We have detailed some Wormwood Scrubs conveyancing firms towards the end of this page and you can contact them to verify if they are on the Coventry Building Society approved list
I am employed by a reputable estate agency in Wormwood Scrubs where we have experienced a few flat sales put at risk due to short leases. I have received contradictory information from local Wormwood Scrubs conveyancing firms. Can you clarify whether the vendor of a flat can initiate the lease extension process for the buyer?
Provided that the seller has owned the lease for at least 2 years it is possible, to serve a Section 42 notice to start the lease extension process and assign the benefit of the notice to the purchaser. The benefit of this is that the buyer need not have to wait 2 years for a lease extension. Both sets of lawyers will agree to form of assignment. The assignment has to be done before, or at the same time as completion of the disposal of the property.
An alternative approach is to extend the lease informally by agreement with the landlord either before or after the sale. If you are informally negotiating there are no rules and so you cannot insist on the landlord agreeing to grant an extension or transferring the benefit of an agreement to the buyer.
I have attempted and failed to negotiate with my landlord for a lease extension without any joy. Can I apply to the Leasehold Valuation Tribunal? Can you recommend a Wormwood Scrubs conveyancing firm to assist?
Where there is a absentee landlord or where there is dispute about the premium for a lease extension, under the relevant statutes it is possible to make an application to the First-tier Tribunal (Property Chamber) to calculate the amount due.
An example of a Freehold Enfranchisement decision for a Wormwood Scrubs residence is 23 & 23A Collingbourne Road in June 2013. Tribunal was dealing with the assessment of the value of the freehold reversion and determination of the terms of the acquisition pursuant to an Order of District Judge Lightman dated 25 February 2013 vesting the freehold interest in the property in the applicant. The tribunal assessed the price of the freehold (to which any arrears or other sums due to the missing landlord under the leases should be added) at £81,638. This case related to 2 flats. The remaining number of years on the lease was 64.5 years.
My partner and I plan to buy our first house in Wormwood Scrubs. Conveyancing solicitor already instructed. The financial consultant suggested that a survey is not appropriate as the house was only built in 2002.
You would be well advised to undertake a Home Buyer's Report. As the residence is more than 10 years old the property will be without a warranty, so you don't want to take a risk. Where a property of this age shows no signs of defects a Home Buyer's report may suffice. They will highlight any obvious problems and recommend further investigation where relevant. If there are any indications of problems obtain a comprehensive structural survey.