Finally the sale completed on my house in Caversham last December yet the purchaser is e-mailing daily complaining that her conveyancer needs to hear from mysolicitor. What should have happened now that I have sold?
Following your house sale your solicitor is obliged to send the transfer deeds and all of the paperwork to the purchaser's lawyers. Where relevant, your conveyancer must also evidence that the mortgage has been redeemed to the buyers conveyancers. There are no post completion tasks just for conveyancing in Caversham.
Are there restrictive covenants that are commonly identified as part of conveyancing in Caversham?
Covenants that are restrictive in nature can be picked up when reviewing land registry title as part of the process of conveyancing in Caversham. 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…’
The estate agent has sent us the confirmation of our purchase of a new build apartment in Caversham. Conveyancing is necessary evil 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.
Here are examples of a few leasehold new build questions that you can expect your new-build leasehold conveyancing in Caversham
There must be mutual enforceability of lessee’s covenants. Will control of the Management Company (if any) be handed over to purchasers on completion of the last sale or earlier? The Landlord must covenant to assume the management if the Management Company goes into liquidation or otherwise defaults in running the management scheme. 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.
Due to the input of my in-laws I had a survey completed on a house in Caversham before appointing solicitors. I have been informed that there is a flying freehold aspect to the house. Our surveyor advised that some mortgage companies will refuse to give a mortgage on this type of home.
It varies from the lender to lender. Bank of Scotland has different requirements for example to Halifax. If you e-mail us we can investigate further with the relevant mortgage company. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Caversham. Conveyancing may be slightly more expensive based on your lender's requirements.
As co-executor for the estate of my uncle I am disposing of a residence in Monmouth but reside in Caversham. My conveyancer (based 235 kilometers from mehas requested that I sign a statutory declaration prior to the transaction finalising. Could you suggest a conveyancing practitioner in Caversham to witness this legal document for me?
Technically speaking you are unlikely to need to have the documents witnessed by a conveyancing solicitor. Ordinarily any notary public or qualified solicitor will suffice regardless of whether they are located in Caversham
Fiveweeks into a sale of a flat in Caversham. Conveyancing is fine but we have been asked to pay an extortionate amount by the landlord. To date we have issued a cheque for £268 for a leasehold management information and then a further £118 for answers to queries supplied by the buyers lawyer.
Neither you or your conveyancing practitioner will have any sway over the level of the charges for this information however the typical fee for the information for Caversham leasehold property is £350. For Caversham conveyancing transactions it is usual for the vendor to pay for these costs. The landlord or their agents are under no legal obligation to address these questions most will be content to do so - albeit often at high prices where the fees bear little relation to the work involved. Unfortunately there is no statute that requires set fees for administrative tasks. Nor is there any set time frame by which they are duty bound to provide the information.