Having sold my house in Boston last April yet the purchaser is Skype messaging every few hours to moan that her conveyancer is waiting to hear from mine. What are the post completion sale legalities following completion?
Following your disposal your conveyancer should send the transfer deeds and all additional paperwork to the buyer’s conveyancer. Where appropriate, your lawyer should also evidence that the mortgage has been redeemed to the buyers solicitors. There are no post completion requirements unique to conveyancing in Boston.
I have been told that property searches are the main cause of obstruction in Boston house deals. Is there any truth in this?
The Council of Property Search Organisations (CoPSO) has noted the findings of research by MoveWithUs that conveyancing searches do not figure amongst the common causes of hindrances during the legal transfer of property. Local searches are not likely to be the root cause of holding up conveyancing in Boston.
About to purchase a new build flat in Boston. Conveyancing is a frightening process at the best of times but I have never purchased a new build flat before. What sort of enquires would be asked in new build legal work.
Set out below is a sample of a few leasehold new build enquiries that you should expect your new-build leasehold conveyancing in Boston
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. Will control of the Management Company (if any) be handed over to purchasers on completion of the last sale or earlier? If there are lifts in the building, please confirm that the owners of flats on the ground and basement floors will not be required to contribute towards the cost of maintenance and renewal.
I am downsizing from my property. My former lawyers has retired. It would be helpful to have a recommendation of a conveyancing firm. Im based in Boston if that affects matters.
You should use our search tool to help you choose a solicitor for your conveyancing in Boston. We have connected thousands of home buyers and sellers with lender approved solicitors to ensure that the legalities of their house move runs smoothly.
In my capacity as executor for the estate of my father I am disposing of a house in Cardiff but reside in Boston. My lawyer (who is 200 kilometers awayhas requested that I execute a statutory declaration ahead of the transaction finalising. Could you suggest a conveyancing solicitor in Boston to attest this legal document for me?
Technically speaking you are not likely to be required to have the documents witnessed by a conveyancing solicitor. Normally any notary public or solicitor will suffice regardless of whether they are Boston based
I've recently bought a leasehold flat in Boston. Do I have any liability for service charges for periods before my ownership?
Where the service charge has already been demanded from the previous owner and they have not paid you would not usually be personally liable for the arrears. However, your landlord may still be able to take action to forfeit the lease. A critical element of leasehold conveyancing for your conveyancer to be sure to have an up to date clear service charge receipt before completion of your purchase. If you have a mortgage this is likely to be a requirement of your lender.
If you purchase part way through an accounting year you may be liable for charges not yet demanded even if they relate to a period prior to your purchase. In such circumstances your conveyancer would normally arrange for the seller to set aside some money to cover their part of the period (usually called a service charge retention).
I bought a leasehold flat in Boston, conveyancing having been completed in 2009. Can you let me have an estimate of the premium that my landlord can legally expect in return for granting a renewal of my lease? Equivalent properties in Boston with over 90 years remaining are worth £190,000. The average or mid-range amount of ground rent is £65 levied per year. The lease finishes on 21st October 2085
With only 61 years left to run we estimate the price of your lease extension to be between £19,000 and £22,000 as well as costs.
The suggested premium range that we have given is a general guide to costs for extending a lease, but we are not able to provide a more accurate figure in the absence of detailed due diligence. Do not use the figures in tribunal or court proceedings. There are no doubt other issues that need to be taken into account and you obviously want to be as accurate as possible in your negotiations. Neither should you move forward placing reliance on this information before getting professional advice.