I am due to complete buying a property in Ivybridge but as a result of wreckage from some water damage at the property I have was able negotiate recompense from the vendor in the sum of £2k in the form of a deduction in the price. This was going to be dealt with as part of a side agreement yet UBS are not allowing this. Should they have been notified?
Your property lawyer that is on the UBS conveyancing panel is duty bound to disclose to UBS of any amendments to the purchase price. If you were to refuse your solicitor to notify the reduction to UBS then they would have to discontinue acting for you. In addition, UBS and you would have to appoint a new property lawyer for your conveyancing in Ivybridge.
We note that you have a post code search directory identifying solicitors on the Santander conveyancing panel. Do companies pay you a referral fee if I appoint them for our conveyancing in Ivybridge?
We are a listing service only for law firms wishing to communicate if they are on the Santander conveyancing panel or other lender panels. We do not charge referral fees to any conveyancer that you subsequently appoint for your conveyancing in Ivybridge.
My wife and I are downsizing from our property in Ivybridge and the buyers lawyers are claiming that there is a possibility that the property was built on contaminated land. A local conveyancer would know this is not the case. For the life of me I don't know why the buyers are using an internet conveyancing practice rather than a conveyancing solicitor in Ivybridge. Having lived in Ivybridge for 4 years we know that this is a non issue. Should we get in touch with our local Authority to obtain clarification that there is no issue.
It sounds as though you may have a conveyancing solicitor currently acting for you. Are they able to advise? You must check with your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out health insurance to cover that same sickness)
I bought my house on 7 April and the transaction details are still not registered. Any reason for this? My conveyancing solicitor in Ivybridge expressed confidence that it would be dealt with in a couple of weeks. Are properties in Ivybridge particularly slow to register?
As far as conveyancing in Ivybridge is concerned, registration is no quicker or slower than the rest of the country. As opposed to being determined by geographic area, timeframes can vary depending on who lodges the application, whether there are errors and if the Land registry have to notify any interested persons or bodies. Currently roughly 80% of submission are fully dealt with in less than three weeks but some can be subject to longer delays. Historically registration is effected once the new owner is living at the premises therefore 'speed' is not usually top priority yet if it is urgent that the the registration takes place urgently then you or your lawyers could communicate with the Registry to express the reasoning for the application to be prioritised.
The estate agent has sent us the confirmation of our purchase of a new build flat in Ivybridge. Conveyancing is a frightening process 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.
Set out below is a sample of a few leasehold new build questions that you can expect your new-build leasehold conveyancing in Ivybridge
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Forfeiture - bankruptcy or liquidation must not apply under this provision. Please supply a car parking plan. 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. Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company?
Completion is due on the sale of our £475,000 garden flat in Ivybridge in 10 days. The management company has quoted £336 for Landlord’s certificate, insurance certificate and previous years statements of service charge. Is the landlord entitled to charge exorbitant fees for a flat conveyance in Ivybridge?
Ivybridge conveyancing on leasehold apartments often involves the buyer’s solicitor submitting questions for the landlord to address. Although the landlord is under no legal obligation to answer such questions most will be content to assist. They are entitled to levy a reasonable administration fee for responding to questions or supplying documentation. There is no set fee. The average fee for the information that you are referring to is over three hundred pounds, in some situations it exceeds £800. The administration charge required by the landlord must be accompanied by a synopsis of entitlements and obligations in relation to administration fees, without which the charge is technically not due. In reality you have no choice but to pay whatever is demanded should you wish to complete the sale of your home.
Ivybridge Leasehold Conveyancing - A selection of Questions you should consider Prior to Purchasing
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Are any of leasehold owners in dispute over their service charge liability? How much is the ground rent and service charge?