We were just about to exchange contracts for a ground floor flat in Dartmouth Park. We have hit a snag. The mortgage offer with Alliance & Leicester runs out on 19/7/2019 but the sellers are suggesting a completion date of 23/7/2019. Is it possible to extend the loan expiry date?
The best person to deal with your concern is your conveyancer who should assess whether he or she is corresponding with the mortgage broker, owner’s conveyancers, selling agents or indeed all parties based on the circumstances your house move as of today.
Despite weeks of looking the Title Certificate and documents to our property are lost. The lawyers who handled the conveyancing in Dartmouth Park 10 years ago no longer exist. Will I be able to sell the house?
You no longer need to have the physical official documentation to evidence that you are the owner of your registered land or property, as the Land Registry hold details of all registered land or property electronically.
How does conveyancing in Dartmouth Park differ for new build properties?
Most buyers of new build or newly converted property in Dartmouth Park approach us having been asked by the seller to sign contracts and commit to the purchase even before the house is ready to move into. This is because new home sellers in Dartmouth Park tend to acquire the site, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct property lawyers as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are used to new build conveyancing in Dartmouth Park or who has acted in the same development.
In my capacity as executor for the will of my aunt I am selling a residence in Newport but reside in Dartmouth Park. My lawyer (based 250 kilometers awayrequires that I sign a stat dec before the transaction finalising. Could you suggest a conveyancing lawyer in Dartmouth Park to attest and place their company stamp on the document?
Technically speaking you are not likely to need to have the documents witnessed by a conveyancing solicitor. Ordinarily or notary public or qualified solicitor will do regardless of whether they are Dartmouth Park based
I have just appointed agents to market my ground floor flat in Dartmouth Park. Conveyancing is yet to be initiated, however I have recently received a half-yearly maintenance charge invoice – Do I pay up?
The sensible thing to do is pay the service charge as usual because all rents and service payments will be apportioned on completion, so you should recover the relevant percentage by the buyer for the period running from after the completion date to the subsequent invoice 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. Having a clear account will assist your cause and will leave you no worse off financially.
I am the registered owner of a first flat in Dartmouth Park. Given that I can not reach agreement with the landlord, can the Leasehold valuation Tribunal determine the premium payable for the purchase of the freehold?
if there is a missing landlord or where there is disagreement about what the lease extension should cost, under the Leasehold Reform, Housing and Urban Development Act 1993 you can apply to the First-tier Tribunal (Property Chamber) to arrive at the premium.
An example of a Lease Extension decision for a Dartmouth Park premises is Flat 2 27 Mackeson Road in December 2012. The Tribunal assessed the value of the lease extension premium at £35,435 and rounded the figure to £35,500 This case affected 1 flat. The unexpired lease term was 64.77 years.
Why is New Build conveyancing in Dartmouth Park more expensive?
Buying a brand new home is significantly different from the standard house buying conveyancing in Dartmouth Park. For a start sellers usually demand contracts to exchange within a tight deadline, the result being a lot of pressure on your solicitor to ensure all is in order. Furthermore new build premises frequently involve the checking of adoption of highways, drains, planning considerations, building warranties or architects certificates. Mortgage lender obligations are also more demanding. Given the complex nature of the process for these types of properties, the conveyancing new build fees are higher than normal.