Finally the sale completed on my house in Machen last April yet the purchaser is texting daily to moan that his solicitor is waiting to hear from mylawyer. What are the post completion sale legalities now that I have sold?
After completion of your disposal your solicitor should send the transfer documentation and all of the paperwork to the purchaser's conveyancer. If applicable, your lawyer should also confirm that the home loan has been discharged to the purchasers solicitors. There are no post completion steps just for conveyancing in Machen.
I am aiming to move house in August. Will my conveyancing solicitor call the removal company on the completion day. On a separate note, can you suggest a removal company in Machen. Conveyancing firm was found before I stumbled across this site.
On the day of completion you will need to pick up the house keys from your selling agent but this should only happen after the sellers solicitors inform the agent that the monies to complete are in and the keys can be released. You can inform the removal men that you are ready to move in. We do not recommend a particular removal company but can assist you in choosing a conveyancing in Machen or a firm with expertise in conveyancing in Machen.
Is it the case that all Machen solicitors on the Aldermore conveyancing panel are regulated by the Solicitors Regulatory Authority?
As solicitors, in order to be on the Aldermore approved list of solicitors they would need to be governed by the SRA. The majority of lenders do permit licenced conveyancers on their panel in which case such firms would be regulated by the CLC.
I've read lots of house buying guides, I note that it is considered advisable to get your house surveyed prior to buying it. When I asked my local Machen solicitor - who is on the Clydesdale conveyancing panel - on this she said they don't do this and I need to contract an independent surveyor. is that correct?
Clydesdale will need an independent valuation of the property. Your lawyer will not arrange this. Usually Clydesdale will appoint their own surveyor to do this, and you will have to pay for it. Remember that this is a valuation for mortgage purposes and not a survey. You may wish to consider appointing your own Machen surveyor to carry out a survey or prepare a home buyers report on the property. It is up to you to satisfy yourself that the property is structurally sound before you buy it. If the survey or report reveals that building work is needed, you should tell your solicitor. You may wish to renegotiate with the seller.
I've recently found out that there is a flying freehold issue on a property I have offered on two weeks back in what should have been a straight forward, no chain conveyancing. Machen is where the house is located. What do you suggest?
Flying freeholds in Machen are rare but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Machen you must be sure that your lawyer goes through the deeds very carefully. Your mortgage company may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Machen may ascertain 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 need to appoint a conveyancing solicitor for freehold conveyancing in Machen. I've stumble upon a web site which appears to be the ideal answer If there is a chance to get all formalities done via email that would be preferable. Should I be wary? What should out be looking out for?
As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?
I am a negotiator for a busy estate agent office in Machen where we have experienced a few flat sales jeopardised as a result of short leases. I have received conflicting advice from local Machen conveyancing solicitors. Can you clarify whether the vendor of a flat can commence the lease extension process for the buyer?
Provided that the seller has owned the lease for at least 2 years it is possible, to serve a Section 42 notice to commence the lease extension process and assign the benefit of the notice to the purchaser. The benefit of this is that the buyer need not have to wait 2 years to extend their lease. Both sets of lawyers will agree to form of assignment. The assignment needs to be completed prior to, or simultaneously with completion of the sale.
Alternatively, it may be possible to extend the lease informally by agreement with the landlord either before or after the sale. If you are informally negotiating there are no rules and so you cannot insist on the landlord agreeing to grant an extension or transferring the benefit of an agreement to the purchaser.
Machen Leasehold Conveyancing - Examples of Questions you should ask Prior to buying
How many years remain on the lease? Who manages the building? Are there any major works in the planning that will likely add a premium to the service fees?
I would be grateful if you would explain what my options are where my Machen conveyancing searches shows negative results?
On the whole, most problems exposed in Machen conveyancing search responses can be dealt with prior to completion or indemnity insurance could possibly be put in place. You need to remember that regardless of the fact that you may be buying the premises and may be willing to accept the search results, your building society or bank may not, and when all said and done they have the word say.