Having sold my house in Broadway last October yet the purchaser is texting every few hours complaining that their conveyancer needs to hear from mylawyer. What should have happened following completion?
Post completion of your house sale your lawyer is obliged to forward the transfer documentation and all supplemental paperwork to the purchaser's solicitors. If applicable, your solicitor should also evidence that the legal charge in favour of the lender has been repaid to the buyers solicitors. There are no post completion tasks just for conveyancing in Broadway.
Is there a search tool that I can use to find out if the solicitor handling my conveyancing in Broadway is on the lender’sconveyancing panel? I am looking to avoid the situation of having one lawyer for me and one for Platform Home Loans Ltd thus paying £192.00 in supplemental legal charges.
Feel free to take advantage of the find a conveyancing panel solicitor tool on this page. Pick the mortgage company and type ‘Broadway’ or your preferred area and you will see numerous solicitors located in Broadway or nearest you.
I have a 4 bedroom Victorian property in Broadway. Conveyancing solicitor represented me and National Westminster Bank. I did a free Land Registry search last week and I saw two entries: the first freehold, another for leasehold with the matching address. I'd like to know for sure, how can I find out??
You should review the Freehold register you have again and check the Charges Register for mention of a lease. The best way to be sure that you are also the registered proprietor of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Broadway and other areas of the country and poses no real issues for owners other than when they sell they have to account for both freehold and leasehold interests when dealing with lenders. You can also question the position with your conveyancing lawyer who conducted the purchase.
Hoping to buy a property located in Broadway and I am already nervous. I couldn't find anything specific about Broadway. Conveyancing will be needed in due course but do you know about the Broadway area? or perhaps some other tips you can share?
Rather than looking online forget looking online you should go and have a look at Broadway. In the meantime here are some basic statistics that we found
I have just started marketing my 2 bed flat in Broadway. Conveyancing lawyers have not yet been instructed, but I have recently had a quarterly service charge invoice – Do I pay up?
The sensible thing to do is discharge the maintenance contribution as usual given that all ground rent and service payments will be allotted on completion, so you will be reimbursed by the purchaser for the period running from after the completion date to the next payment 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. This will smooth the conveyancing process.
I bought a garden flat in Broadway, conveyancing was carried out April 2012. How much will my lease extension cost? Similar flats in Broadway with over 90 years remaining are worth £265,000. The average or mid-range amount of ground rent is £50 per annum. The lease terminates on 21st October 2100
With 75 years left to run the likely cost is going to be between £8,600 and £9,800 as well as plus your own and the landlord's "reasonable" professional fees.
The suggested premium range above a general guide to costs for extending a lease, but we cannot give you a more accurate figure in the absence of comprehensive investigations. 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 should be as accurate as possible in your negotiations. Please do not take any other action based on this information before seeking the advice of a professional.
Do I cancel my mortgage payments with Principality as soon as a completion date for my sale in Broadway has been agreed?
You would be well advised to maintain meeting any mortgage payments to Principality until the mortgage is paid off out of the proceeds of sale as part of your Broadway conveyancing.