Finally the sale completed on my house in Dereham last August yet the purchaser is telephoning daily to moan that their conveyancer needs to hear from myconveyancer. What are the post completion sale formalities following completion?
Following your sale your conveyancer is obliged to forward the transfer documentation and all additional paperwork to the buyer’s conveyancer. If applicable, your conveyancer must also evidence that the mortgage has been paid off to the purchasers lawyers. There is unlikely to be post completion procedures peculiar conveyancing in Dereham.
Are the BSA intent on creating a searchable register to to identify solicitors on the Melton Mowbray Building Society conveyancing panel for instance in Dereham?
Lexsure has not been advised of any intention on the part of the BSA to promote such a register.
A friend advised me that if I am purchasing in Dereham I should carry out a Neighbourhood, Planning and Local Amenity Search. What does it cover?
This is a search is usually included in the estimate for your Dereham conveyancing searches. It is a large report of about 40 pages, listing and detailing important information about Dereham around the property and the people living there. It includes an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the local Housing Market, Council Tax Banding, the type of People living in the area, the dominant type of Housing, the Average Property Price, Crime statistics, Dereham Education with plans and statistics, Local Amenities and other useful data regarding Dereham.
Due to the input of my in-laws I had a survey completed on a house in Dereham ahead of retaining conveyancers. I have been told that there is a flying freehold aspect to the house. The surveyor advised that some mortgage companies may refuse to grant a mortgage on such a property.
It varies from the lender to lender. Santander has different requirements for example to Halifax. If you e-mail us we can check with the appropriate bank. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Dereham. Conveyancing will be smoother if you use a solicitor in Dereham especially if they regularly deal with such properties in Dereham.
How does the Landlord & Tenant Act 1954 impact my business premises in Dereham and how can you help?
The particular law that you refer to provides security of tenure to commercial leaseholders, granting the dueness to apply to court for a renewal lease and remain in occupation when the lease reaches an end. There are limited grounds that a landlord can refrain from granting a lease renewal and the rules are complex. Fees are different for commercial conveyancing. Dereham is one of the many areas of the UK in which the firms we work with have offices
What are your top tips when it comes to appointing a Dereham conveyancing practice to carry out our lease extension conveyancing?
When appointing a property lawyer for lease extension works (regardless if they are a Dereham conveyancing practice) it is imperative that he or she should be familiar with the legislation and specialises in this area of work. We suggest that you speak with several firms including non Dereham conveyancing practices before you instructing a firm. Where the conveyancing practice is ALEP accredited then so much the better. The following questions could be of use:
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Can they put you in touch with clients in Dereham who can give a testimonial?
I acquired a basement flat in Dereham, conveyancing was carried out in 1998. Can you please calculate a probable premium for a statutory lease extension? Comparable flats in Dereham with a long lease are worth £180,000. The ground rent is £65 per annum. The lease terminates on 21st October 2084
You have 59 years unexpired we estimate the price of your lease extension to range between £20,900 and £24,200 as well as costs.
The suggested premium range that we have given is a general guide to costs for extending a lease, but we are not able to supply the actual costs in the absence of detailed investigations. Do not use this information in tribunal or court proceedings. There are no doubt additional issues that need to be considered and you obviously should be as accurate as possible in your negotiations. You should not move forward based on this information before seeking the advice of a professional.