Having sold my house in Chelmsley Wood last July but my buyer keeps e-mailing every few hours to say her conveyancer is waiting to hear from mine. What are the post completion sale formalities now that I have sold?
Following your sale your lawyer is obliged to forward the transfer deeds and all additional paperwork to the buyer’s conveyancer. Where relevant, your solicitor should also evidence that the legal charge in favour of the lender has been paid off to the buyers lawyers. There are no post completion formalities unique to conveyancing in Chelmsley Wood.
Do I have to pop into the offices of the solicitor to execute the mortgage deed? If so, I will instruct a firm who offer conveyancing in Chelmsley Wood so that I can pop in to their offices if required.
Most approved lawyers for mortgage companies carry out all of the work through the post, internet or over the phone. This enables them to undertake the conveyancing transaction regardless of where you live in England or Wales. That being said you can check if you have the option of going to the offices of your conveyancing lawyer if just in case this is required.
I bought my home on 14 September and my personal details is not yet registered. Any reason for this? My conveyancing solicitor in Chelmsley Wood advises it should be recorded in less than a month. Are titles in Chelmsley Wood particularly slow to register?
As far as conveyancing in Chelmsley Wood registration is no faster or slower than anywhere else in the country. As opposed to being determined by geographic area, timeframes can differ depending on the party submitting the application, whether there are errors and whether the Land registry communicate with any 3rd parties. At present roughly three quarters of submission are fully dealt with within two weeks but occasionally there can be protracted delays. Historically registration is effected once the buyer is living at the property therefore an expedited registration is not always primary concern yet where there is a degree of urgency associated with the registration then you or your lawyers can speak with the land registry and explain the circumstances.
I've recently found out that there is a flying freehold element on a house I put an offer in last month in what was supposed to be a straight forward, no chain conveyancing. Chelmsley Wood is the location of the property. What do you suggest?
Flying freeholds in Chelmsley Wood are not the norm but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Chelmsley Wood you must be sure that your lawyer goes through the deeds diligently. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Chelmsley Wood may decide that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold property.
I own a leasehold house in Chelmsley Wood. Conveyancing and Bank of Scotland mortgage are in place. A letter has just been received from someone saying they have taken over the freehold. Attached was a ground rent demand for rent dating back to 1995. The conveyancing practitioner in Chelmsley Wood who acted for me is not around. Any advice?
First contact HMLR to make sure that the individual purporting to own the freehold is indeed the new freeholder. It is not necessary to instruct a Chelmsley Wood conveyancing solicitor to do this as it can be done on-line for £3. You should note that in any event, even if this is the rightful landlord, under the Limitation Act 1980 no more than 6 years of rent can be collected.
I inherited a split level flat in Chelmsley Wood, conveyancing having been completed half a dozen years ago. Can you work out an approximate cost of a lease extension? Similar flats in Chelmsley Wood with a long lease are worth £201,000. The ground rent is £45 yearly. The lease ends on 21st October 2090
You have 65 years remaining on your lease the likely cost is going to range between £13,300 and £15,400 as well as costs.
The suggested premium range that we have given is a general guide to costs for extending a lease, but we cannot give you a more accurate figure in the absence of comprehensive due diligence. Do not use the figures in a Notice of Claim or as an informal offer. There are no doubt other concerns that need to be considered and clearly you should be as accurate as possible in your negotiations. Please do not take any other action based on this information without first getting professional advice.
My partner is buying a leasehold apartment in Chelmsley Wood. Conveyancing quotes are averaging around £1800. Does that seem right?
The average cost in 2014 for conveyancing in Chelmsley Wood was just under one thousand five hundred pounds excluding Stamp Duty and HM Land Registry charges.