Completed the sale of my flat in Bilston last December but our buyer keeps texting daily to say her lawyer is waiting to hear from mysolicitor. What are the post completion sale legalities following completion?
After completion of your sale your conveyancer should deliver the transfer deeds and all additional paperwork to the purchaser's conveyancer. Depending on the transaction, your conveyancer should also confirm that the legal charge in favour of the lender has been repaid to the buyers lawyers. There is unlikely to be post completion formalities specific conveyancing in Bilston.
About to place a bid on a leasehold property in Bilston. The estate agents advise that it is usual for flats in Bilston to have less than 75 years left on the lease. I am getting a mortgage with Accord Mortgages. Is this going to be a problem if the lease has 69 years left.
Most leasehold conveyancing experts should be able to deal with a lease extension. if you are securing a mortgage then your lender may insist that the lease be extended before competition. Accord Mortgages have specific requirements as set out in the UK Finance Lenders’ Handbook in relation to minimum unexpired lease terms. As of 16/6/2025 the requirements read as follows :
We are purchasing a house and the solicitor has raised the issue of Chancel Repair for which the property may be obligated to contribute to given it’s proximity to the area of such a church. She has recommended insurance. Is this really appropriate for conveyancing in Bilston
Unless a prior purchase of the house took place after 12 October 2013 you may take it that solicitors delivering conveyancing in Bilston to continue to recommend a chancel search and or insurance against a claim.
How does conveyancing in Bilston differ for new build properties?
Most buyers of new build residence in Bilston approach us having been asked by the developer to sign contracts and commit to the purchase even before the premises is constructed. This is because builders in Bilston typically purchase the real estate, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct property lawyers as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are accustomed to new build conveyancing in Bilston or who has acted in the same development.
Back In 2007, I bought a leasehold flat in Bilston. Conveyancing and National Westminster Bank mortgage are in place. I have received a letter from someone claiming to own the reversionary interest in the property. It included a demand for arrears of ground rent dating back to 1993. The conveyancing solicitor in Bilston who acted for me is not around. Any advice?
The first thing you should do is make enquiries of the Land Registry to be sure that the individual purporting to own the freehold is indeed the new freeholder. You do not need to incur the fees of a Bilston conveyancing solicitor to do this as you can do this on the Land Registry website for a few pound. Rest assured that regardless, even if this is the legitimate landlord, under the Limitation Act 1980 the limitation period for recovery of ground rent is six years.
I am the registered owner of a leasehold flat in Bilston, conveyancing was carried out half a dozen years ago. Can you let me have an estimated range of the fair premium for a lease extension? Similar properties in Bilston with an extended lease are worth £171,000. The average or mid-range amount of ground rent is £50 per annum. The lease runs out on 21st October 2104
You have 79 years left to run the likely cost is going to span between £8,600 and £9,800 as well as costs.
The figure that we have given is a general guide to costs for renewing a lease, but we cannot give you the actual costs without more detailed due diligence. Do not use the figures in a Notice of Claim or as an informal offer. There may be other issues that need to be considered and clearly you should be as accurate as possible in your negotiations. You should not take any other action placing reliance on this information before seeking the advice of a professional.
How do I find a Bilston conveyancing solicitor on the lender conveyancing panel? I have a car and am prepared to travel up to 25kilometers to meet the lawyer.
Feel free to make use of the find a conveyancing panel tool on this website. Please choose the lender and your location, in this case Bilston and you will see a number of lawyer located nearest Bilston. Alternatively you can type in the name of your proposed law firm and see if they are listed as being on the bank solicitor panel.