Completed the sale of my flat in Oldham last November but our buyer keeps texting every few hours to moan that their solicitor needs to hear from mine. What should have happened now that I have sold?
Following your sale your conveyancer should deliver the transfer deeds and all of the paperwork to the purchaser's solicitors. Where relevant, your lawyer must also confirm that the home loan has been paid off to the buyers conveyancers. There are no post completion steps unique to conveyancing in Oldham.
Are there restrictive covenants that are commonly identified during conveyancing in Oldham?
Covenants that are restrictive in nature can be picked up when reviewing land registry title as part of the legal transfer of property in Oldham. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’
I am purchasing my first flat in Oldham with the aid of help to buy. The developers would not reduce the price so I negotiated five thousand pounds worth of fixtures and fittings instead. The property agent suggested that I not inform my lawyer about the side-deal as it could put at risk my mortgage with the bank. Is this normal?.
All lenders require a Disclosure of Incentives Form from the builder of any new build, converted or renovated property, It is available online from the Lenders’ Handbook page on the CML website. CML form is completed and handed to the lender's surveyor when the inspection is done.
Lenders have different policies on incentives. Some accept none at all, cash or physical, while others will accept cash incentives up to 5%.
Hard to understand why the representative of a builder would be suggesting you withold information from a solicitor when all this will be clearly visible on forms the builder has to supply to its solicitor, the buyer's solicitor and the surveyor.
Yesterday I discovered that there is a flying freehold issue on a property I have offered on two weeks back in what was supposed to be a straight forward, chain free conveyancing. Oldham is the location of the property. What do you suggest?
Flying freeholds in Oldham are rare but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Oldham you must be sure that your lawyer goes through the deeds diligently. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Oldham may determine 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 premises.
I am a sole trader intending to lease a unit on a shopping parade. Can you recommend conveyancers offering competitive costs for non-domestic conveyancing in Oldham for less than £1,200?
We are happy to recommend firms who have an in-depth of experience of commercial conveyancing in Oldham, including the disposal and acquisition of businesses as well as simply premises. Whether you are looking to acquire or lease a shop, pub, restaurant, office, retail unit or a whole business we will find you the right firm. As for the fees this will depend on the structure and complexity of the deal. Let us have your contact information or telephone us so that we may provide you with comprehensive commercial conveyancing calculation.
In my capacity as executor for the estate of my grandmother I am disposing of a house in Neath but reside in Oldham. My solicitor (based 260 kilometers awayneeds me to execute a statutory declaration ahead of the transaction finalising. Could you suggest a conveyancing solicitor in Oldham to witness and place their company stamp on the document?
strictly speaking you should not be required to have the documents witnessed by a conveyancing solicitor. Ordinarily any notary public or qualified solicitor will be fine regardless of whether they are Oldham based