Finally the sale completed on my house in Mossley Hill last September but my buyer keeps Skype messaging daily complaining that her lawyer needs to hear from mine. What should have happened now that I have sold?
Post completion of your disposal your conveyancer is obliged to forward the transfer documentation and all additional paperwork to the buyer’s lawyers. Where appropriate, your conveyancer must also evidence that the legal charge in favour of the lender has been redeemed to the buyers solicitors. There is unlikely to be post completion tasks peculiar conveyancing in Mossley Hill.
Various web forums that I have come across warn that are the number one cause of stalling in Mossley Hill conveyancing transactions. Is there any truth in this?
The Council of Property Search Organisations (CoPSO) released determinations of research by MoveWithUs that conveyancing searches do not feature amongst the most frequent causes of delays in the conveyancing process. Searches are unlikely to feature in any slowing down conveyancing in Mossley Hill.
Have completed on a a semi-detached house in Mossley Hill , What is the estimated time for the Land Registry to deal with the formalities evidencing my proprietorship? My Mossley Hill conveyancing solicitor works at snail pace, so I want to be certain that my ownership is registered.
There is nothing unique about conveyancing in Mossley Hill registration formalities. Rather than based on location, timeframes can differ according to the party submitting the application, whether it is in order and if the Land registry must send notices to any 3rd persons or bodies. Currently approximately three quarters of submission are fully dealt with within two weeks but some can be subject to protracted delays. Registration is effected once the buyer is living at the property so 'speed' is not typically top priority yet where it is urgent that the the registration takes place urgently then you or your solicitor must speak with the land registry and explain the circumstances.
How straightforward is it to use your search facility to choose a conveyancing solicitor in Mossley Hill on the panel for my mortgage?
Step one is to pick a mortgage company such as Nationwide Building Society, Barnsley Building Society or Britannia then specify your location for instance Mossley Hill. Conveyancing practices in Mossley Hill and across England and Wales will then be listed.
My brother has suggested that I instruct his conveyancing solicitors in Mossley Hill. Do I follow his advice?
No doubt the ideal way to choose a conveyancing practitioner is to get recommendations from friends or relatives who have used the solicitor that you are are thinking of instructing.
We expect to complete the sale of our £300,000 flat in Mossley Hill in just under a week. The management company has quoted £408 for Certificate of Compliance, building insurance schedule and 3 years statements of service charge. Is it legal for a freeholder to charge such fees for a leasehold conveyance in Mossley Hill?
Mossley Hill conveyancing on leasehold flats usually involves the buyer’s solicitor sending enquiries for the landlord to address. Although the landlord is not legally bound to answer such questions the majority will be content to assist. They are entitled to charge a reasonable charge for answering enquiries or supplying documentation. There is no upper cap for such fees. The average fee for the information that you are referring to is over three hundred pounds, in some cases it exceeds £800. The administration charge invoiced by the landlord must be sent together with a synopsis of entitlements and obligations in relation to administration fees, otherwise the charge is technically not due. Reality however dictates that you have no choice but to pay whatever is demanded should you wish to sell the property.
I purchased a basement flat in Mossley Hill, conveyancing formalities finalised in 2000. Can you let me have an estimated range of the fair premium for a lease extension? Corresponding properties in Mossley Hill with over 90 years remaining are worth £192,000. The ground rent is £55 charged once a year. The lease terminates on 21st October 2079
With only 54 years unexpired we estimate the price of your lease extension to range between £32,300 and £37,400 as well as legals.
The figure that we have given is a general guide to costs for extending a lease, but we cannot give you a more accurate figure in the absence of comprehensive due diligence. You should not use the figures in a Notice of Claim or as an informal offer. There are no doubt other concerns that need to be taken into account and you obviously want to be as accurate as possible in your negotiations. Please do not take any other action placing reliance on this information without first getting professional advice.