Having sold my house in Plumstead last April but the buyer keeps whats apping every few hours to say her lawyer needs to hear from myconveyancer. What are the post completion sale legalities now that I have sold?
After completion of your disposal your lawyer should deliver the transfer deeds and all of the paperwork to the purchaser's conveyancer. If applicable, your lawyer must also confirm that the mortgage has been redeemed to the buyers solicitors. There is unlikely to be post completion requirements just for conveyancing in Plumstead.
Will commercial conveyancing searches reveal impending roadworks that could affect a commercial premises in Plumstead?
Its becoming the norm that commercial conveyancing solicitors in Plumstead will order a SiteSolutions Highways report as it reduces the time that conveyancers expend in researching accurate data on highways that impact buildings and development assets in Plumstead. The report sets out definitive information on the adoption status of roads, footpaths and verges, as well as the implication of traffic schemes and the rights of way surrounding a commercial development sites in Plumstead.
For every commercial conveyancing transaction in Plumstead it is critical to investigate the adoption status of roads surrounding a site. Failure to identify developments where adoption procedures have not been dealt with adequately could cause delays to Plumstead commercial conveyancing transactions as well as present a risk to future plans for the site. These searches are not conducted for residential conveyancing in Plumstead.
It has been four months since my purchase conveyancing in Plumstead concluded. I have checked the Land Registry site which shows that I paid £150,000 when infact I paid £160,000. Why the discrepancy?
The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the residence from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.
I'm buying a new build house in Plumstead with a loan from Barclays . The builders refused to move on the price so I negotiated 6k of extras instead. The sale representative told me not disclose to my solicitor about the deal as it will impact my mortgage with the bank. Is this normal?.
All lenders require a Disclosure of Incentives Form from the developer 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.
My partner has recommend that I use his conveyancing solicitors in Plumstead. Should I find my own property lawyer?
Much as we are happy to recommend a Plumstead conveyancing lawyer the ideal way to choose a conveyancing practitioner is to seek guidance from friends or relatives who have previously instructed the firm you're considering.
I am in need of some leasehold conveyancing in Plumstead. Before I get started I would like to find out the remaining lease term.
If the lease is recorded at the land registry - and 99.9% are in Plumstead - then the leasehold title will always include the short particulars of the lease, namely the date; the term; and the original parties. From a conveyancing perspective such details then enable any prospective buyer and lender to confirm that any lease they are looking at is the one relevant to that title. For any other purpose, such as confirming how long the term was granted for and calculating what is left, then the register should be sufficient on it's own.
After months of negotiations we cannot agree with our landlord on how much the lease extension should cost for our flat in Plumstead. Can we issue an application to the Residential Property Tribunal Service?
Where there is a absentee landlord or if there is dispute about the premium for a lease extension, under the Leasehold Reform, Housing and Urban Development Act 1993 it is possible to make an application to the Leasehold Valuation Tribunal to calculate the price.
An example of a Lease Extension matter before the tribunal for a Plumstead premises is 103a Footscray Road in January 2014. The tribunal determines that the premium payable for the extended lease should be £34,500 according to the expert witness valuation calculation This case related to 1 flat.