Completed the sale of my flat in Market Harborough last June yet the purchaser is whats apping every few hours to say his conveyancer is waiting to hear from myconveyancer. What are the post completion sale formalities now that I have sold?
Post completion of your disposal your solicitor is obliged to send the transfer documentation and all of the paperwork to the buyer’s solicitors. Where appropriate, your solicitor should also evidence that the mortgage has been discharged to the purchasers solicitors. There are no post completion requirements unique to conveyancing in Market Harborough.
We are close to exchanging contracts on the sale of our property in Market Harborough and according to the buyers it appears that there is a risk of it being constructed land that was not decontaminated. Any high street Market Harborough conveyancer would know this is not the case. It does beg the question why the purchasers used a factory type conveyancing outfit rather than a conveyancing solicitor in Market Harborough. Having lived in Market Harborough for six years we know that this is a non issue. Is it a good idea to contact our local Authority to seek confirmation need.
It sounds as though you may have a conveyancing solicitor already. What do they say? You need to 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 ailment)
I completed on my apartment on 6 November and the transaction details are still not on the land registry website. Should I be concerned? My conveyancing solicitor in Market Harborough said it should be dealt with inside ten days. Are transfers in Market Harborough particularly slow to register?
There is nothing unique when it comes to conveyancing in Market Harborough registration formalities. Rather than based on location, timescales can vary subject to who lodges the application, whether it is in order and if the Land registry communicate with any other parties. At present in the region of three quarters of submission are fully dealt with in less than three weeks but occasionally there can be extensive delays. Historically registration takes place once the new owner has moved in to the premises thus an expedited registration is not typically primary concern yet where it is urgent that the the registration takes place urgently then you or your conveyancer can speak with the land registry and explain the circumstances.
I've recently found out that there is a flying freehold issue on a property I put an offer in a fortnight ago in what should have been a simple, no chain conveyancing. Market Harborough is where the house is located. Is there any guidance you can give?
Flying freeholds in Market Harborough are unusual but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Market Harborough you must be sure that your lawyer goes through the deeds very carefully. Your lender may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Market Harborough 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.
In what way does the Landlord & Tenant Act 1954 impact my commercial offices in Market Harborough and how can you help?
The particular law that you refer to provides protection to business leaseholders, giving them the right to make a request to court for a continuation of occupancy at the end of an expired lease. There are certain specified grounds that a landlord can refrain from granting a lease renewal and the rules are complicated. Fees are different for commercial conveyancing. Market Harborough is one of the many locations in which our lawyers have offices
My conveyancing solicitor in Market Harborough is asking me for personal identification documents asserting that this forms part of his retainer as a solicitor on the lender Conveyancing panel. Can this be correct?
Anti-terror and anti-money-laundering rules require Market Harborough conveyancing solicitors and licensed conveyancers to verify the identity of the person or body they are dealing with before they can accept their conveyancing business. The Client Care letter that you need to sign will no doubt confirm this. Your lawyer is right that the lender also require certain documents to be viewed. If a you refuse to provide ID verification documents, your conveyancer would not be able to accept instructions from you. Your lawyer also has obligations to obtain certain documents in accordance with the mortgage company's UK Finance Lenders’ Handbook requirements