Having sold my house in Broadclyst last July but my buyer keeps calling daily complaining that his conveyancer needs to hear from mysolicitor. What are the post completion sale legalities now that I have sold?
Following your sale your conveyancer should forward the transfer documentation and all additional paperwork to the purchaser's solicitors. Where appropriate, your lawyer must also confirm that the legal charge in favour of the lender has been discharged to the purchasers lawyers. There are no post completion requirements peculiar conveyancing in Broadclyst.
My wife and I are purchasing a flat in Broadclyst. I might seem paranoid but how we can trust a lawyer? On completion day we will need to send money into their account. What protection do we have from them run away with our money?
Be assured that all money in a Solicitors client account is 100% safe, and even if your Solicitor ran off with it, the Law Society would reimburse you fully.
I am helping my mother sell her flat in Broadclyst. Does the conveyancer order an energy assessment or do I organise this?
After the demise of Home Information Packs, energy assessments was retained a required element of selling a property. An EPC needs to be to hand prior to the property being advertised. This is not a task that conveyancers ordinarily arrange. If you are using a Broadclyst conveyancing lawyer they may be able to arrange energy assessments due to their contacts with long established local assessors
I am the sole beneficiary of my late grandmother’s estate and I have everything in my name now, including the house in Broadclyst. Conveyancing formalities meant that the Land Registry date was in March. I now wish to sell up. I do know about the Mortgage Lenders 6 month 'rule', which means that my proprietorship may be regarded the same way as though I had purchased the house in March. Will no one buy the property for half a year?
The CML handbook mandates solicitors 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 impacted by that. How sensible a view lenders take of it, depend on the bank as this clause principally exists to capture the purchase and immediately sell or the quick reselling of properties.
Are there restrictive covenants that are commonly identified as part of conveyancing in Broadclyst?
Covenants that are restrictive in nature can be picked up when reviewing land registry title as part of the process of conveyancing in Broadclyst. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’
Just had an offer accepted on a new build flat in Broadclyst. 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 conveyancing.
Set out below is a sample of a selection of leasehold new build questions that you can expect your new-build leasehold conveyancing in Broadclyst
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The Vendor must covenant to keep unsold units in good repair until long leases are granted therefore. 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. 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. Please supply evidence that the form of Lease proposed has been approved by the Land Registry.
I am selling my home. My past conveyancers closed down. I am in need of a recommendation of a conveyancing firm. Im based in Broadclyst if that makes a difference.
You should use our search tool to help you choose a solicitor for your conveyancing in Broadclyst. We have connected thousands of home buyers and sellers with regulated solicitors to ensure that the legalities of their house move goes smoothly.
I only have 72 years unexpired on my flat in Broadclyst. I now want to get lease extension but my landlord is absent. What options are available to me?
If you meet the appropriate requirements, under the Leasehold Reform, Housing and Urban Development Act 1993 you can submit an application to the County Court for an order to dispense with the service of the initial notice. This will mean that your lease can be granted an extra 90 years by the Court. However, you will be required to prove that you have used your best endeavours to locate the lessor. In some cases a specialist would be helpful to conduct investigations and to produce a report which can be used as evidence that the landlord is indeed missing. It is wise to seek advice from a conveyancer in relation to proving the landlord’s absence and the application to the County Court covering Broadclyst.
I inherited a 2 bed flat in Broadclyst, conveyancing formalities finalised 7 years ago. Can you work out an approximate cost of a lease extension? Corresponding properties in Broadclyst with a long lease are worth £260,000. The ground rent is £50 charged once a year. The lease runs out on 21st October 2100
With just 75 years remaining on your lease the likely cost is going to range between £8,600 and £9,800 plus costs.
The suggested premium range that we have given is a general guide to costs for renewing a lease, but we are not able to advice on the actual costs without more comprehensive due diligence. You should not use this information in tribunal or court proceedings. There may be additional issues that need to be taken into account and clearly you want to be as accurate as possible in your negotiations. Please do not move forward based on this information before getting professional advice.