I am helping my niece sell her property in Oxton. Will the solicitor order the EPC or should I organise this?
Following the demise of Home Information Packs, energy performance certificates was kept a compulsory part of moving house. An EPC must be to hand before the property is advertised. It is not as aspect of the sale process that law firms ordinarily arrange. If you are using a Oxton conveyancing practitioner they might be willing to arrange energy performance certificates due to their contacts with reputable local energy assessors
I happen to be the single recipient of my late mum's estate and I have everything in my name alone, including the house in Oxton. The Oxton property was put into my name in February. I want to move. I understand that there is a Mortgage Lenders 6 month 'rule', which means that my proprietorship may be treated the same way as though I had purchased the house in February. Do I have to wait 6 months to sell?
The CML handbook obliges solicitors to: "report to us immediately if the owner or registered proprietor has been registered for less than six months." Technically you could be affected by that. How practical a view banks take of it, depend on the mortgage company as this obligation chiefly exists to capture subsales or the wholesaling and assigning of property.
I have decided to exercise my right to buy my property in Oxton off the council. I have a mortgage agreed with HSBC. Conveyancing is not something I have any knowledge of. Can I proceed without a solicitor easily? I think we can but we keep being told I should use 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 HSBC, you will need to appoint a solicitor on the HSBC conveyancing panel.
We are buying a house and the lawyer has raised the issue of Chancel Repair for which the house could be obligated to pay given it’s proximity to the area of such a church. He has recommended insurance. Is this really necessary for conveyancing in Oxton
Unless a previous purchase of the property completed after 12 October 2013 you could assume that lawyers handling conveyancing in Oxton to continue to advocate a chancel search and or chancel repair liability insurance.
The estate agent has sent us the confirmation of our purchase of a new build apartment in Oxton. Conveyancing is necessary evil at the best of times but I have never purchased a new build flat before. What sort of enquires would be asked in new build conveyancing.
Set out below is a sample of a selection of leasehold new build enquiries that you may expect your new-build leasehold conveyancing in Oxton
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Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose? The Vendor must covenant to keep unsold units in good repair until long leases are granted therefore. The Lease must contain a provision on behalf of the Vendor to pay the service charges in respect of unoccupied units in order to ensure that all services can be provided. Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company? Forfeiture - bankruptcy or liquidation must not apply under this provision.
Over the last few months I have been searching for a leasehold apartment up to £235,500 and identified one round the corner in Oxton I like with amenity areas and station nearby, the downside is that it's only got 52 remaining years left on the lease. I can't really find anything else in Oxton in this price bracket, so just wondered if I would be making a grave error acquiring a lease with such few years left?
Should you need a home loan the shortness of the lease will be a potential deal breaker. Discount the price by the anticipated lease extension will cost if not already taken into account. If the existing owner has owned the premises for a minimum of twenty four months you could request that they commence the lease extension formalities and pass it to you. You can add 90 years to the existing lease term and have £0 ground rent by law. You should consult your conveyancing solicitor concerning this.
I need to appoint a conveyancing solicitor for freehold conveyancing in Oxton. I happened to land on a site which appears to be the ideal answer If there is a chance to get all this stuff completed via web that would be ideal. 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?
At long last our conveyancing in Oxton is completing next Friday, but the vendors I am buying off has asked to move out the next day at at 2pm. Can I agree to such a plan?
You can't complete on a Saturday due to the bank systems aren't operating.