It is 10 years ago since I bought my house in Motspur Park. Conveyancing lawyers have just been appointed on the sale but I am unable to locate the title deeds. Is this a problem?
You need not be too concerned. Firstly the deeds may be retained by the lender or they may be archived with the solicitor who oversaw your purchase. Secondly in most cases the property will be recorded at the land registry and you will be able to establish that you own the property by your conveyancing solicitors procuring current official copies of the land registers. Almost all conveyancing in Motspur Park relates to registered property but in the unlikely event that your home is not registered it is more of a problem but is resolvable.
I happen to be the sole beneficiary of my late grandmother’s estate with all property in now in my sole name, including the house in Motspur Park. The Motspur Park property was put into my name in February. I plan to dispose of the house. I do know about the Mortgage Lenders six month 'rule', which means that my proprietorship may be regarded the same way as though I had purchased the property in February. Will no one buy the property for half a year?
The Council of Mortgage Lenders’ handbook requires solicitors to: "report to us immediately if the owner or registered proprietor has been registered for less than six months." By the strict wording you might be affected by that. How practical a view mortgage companies take of it, depend on the lender as this clause chiefly exists to pick up on subsales or the wholesaling and assigning of property.
I am currently in the process of buying my council flat in Motspur Park. I have a mortgage offer with Yorkshire BS. Conveyancing is new to me. Can I proceed without a solicitor easily? I think we can but we keep being told I should have one. Any advice?
It is not advisable to proceed with a house purchase without a solicitor. The council's solicitor are not acting for you. You need a solicitor for a number reasons. One of which is to verify what plans the Council have for repairs and refurbishment for the next five years. Many leaseholders have been stung for contributions of thousands of pounds. In any event, if you are getting a mortgage with Yorkshire BS, you will need to appoint a solicitor on the Yorkshire BS conveyancing panel.
Planning on purchasing a apartment in Motspur Park. I have received an online quote from a licenced conveyancer, which states: "There will be no charge for dealing with the Lender if you are obtaining a mortgage". I take this to mean that there will be no additional fee if the solicitor is on the Coventry BS conveyancing panel. I wanted to make sure it means there will be no additional fees for dealing with the mortgage.
They are simply saying that the cost for acting for the lender is included in the fee being quoted. It is worth you checking that the Motspur Park solicitor is on the Coventry BS conveyancing panel.
I am close to exchanging contracts on the sale of our property in Motspur Park and the buyers lawyers are claiming that there is a possibility that the property was built land that was not decontaminated. 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 Motspur Park. We have lived in Motspur Park for many years we know of no issue. Is it a good idea to contact our local Authority to get clarification that the buyers are looking for.
It would appear that you have a conveyancing lawyer currently acting for you. Are they able to advise? You should enquire of 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)
Due to the advice of my in-laws I had a survey completed on a property in Motspur Park ahead of appointing lawyers. I have been advised that there is a flying freehold overhang to the property. Our surveyor has said that some lenders tend refuse to give a loan on such a property.
It varies from the lender to lender. Bank of Scotland has different requirements for example to Nationwide. If you e-mail us we can investigate further with the appropriate bank. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Motspur Park. Conveyancing may be slightly more expensive based on your lender's requirements.
I need to retain a conveyancing solicitor for my conveyancing in Motspur Park. I have discover a web site which seems to have the perfect solution If there is a chance to get all the legals completed via phone that would be preferable. Should I be concerned? 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?
Our conveyancer has advised that he intends to complete and exchange simultaneously on the sale of our £350,000 flat in Motspur Park on Thursday in a week. The management company has quoted £324 for Landlord’s certificate, building insurance schedule and 3 years service charge statements. Is it legal for a freeholder to charge such fees for a flat conveyance in Motspur Park?
Motspur Park conveyancing on leasehold apartments ordinarily involves fees being raised by management companies :
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Answering conveyancing due diligence enquiries
Where consent is required before sale in Motspur Park
Supplying insurance information
Deeds of covenant upon sale
Registering of the assignment of the change of lessee after a sale
After months of dialogue we are unable to agree with our landlord on how much the lease extension should cost for our flat in Motspur Park. Can we issue an application to the Residential Property Tribunal Service?
Most definitely. We are happy to put you in touch with a Motspur Park conveyancing firm who can help.
An example of a Lease Extension decision for a Motspur Park premises is 33 The Maisonettes Alberta Avenue in June 2014. the Tribunal decided that the premium payable for the grant of a new lease be the sum of £20,680 (Twenty Thousand six hundred and eighty pounds). This case was in relation to 1 flat. The remaining number of years on the lease was 60.43 years.