Having sold my house in Purley last November yet the purchaser is texting daily to say his lawyer needs to hear from mine. What are the post completion sale formalities now that I have sold?
After completion of your disposal your lawyer is duty bound to send the transfer documentation and all additional paperwork to the purchaser's solicitors. If applicable, your conveyancer should also confirm that the legal charge in favour of the lender has been repaid to the buyers solicitors. There is unlikely to be post completion steps unique to conveyancing in Purley.
What does a local search tell me concerning the property I am purchasing in Purley?
Purley conveyancing often starts with the submitting local authority searches directly from your local Authority or via a personal search organisations such as Searchflow The local search is essential in every Purley conveyancing purchase; as long as you wish to avoid any nasty surprises after you move into your property. The search should reveal data on, amongst other things, details on planning applications applicable to the premises (whether granted or refused), building control history, any enforcement action, restrictions on permitted development, nearby road schemes, contaminated land and radon gas; in all a total of thirteen subject sections.
Just had an offer accepted on a new build flat in Purley. Conveyancing is necessary evil at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build conveyancing.
Set out below are examples of a few leasehold new build enquiries that you may expect your new-build leasehold conveyancing in Purley
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Please supply evidence that the form of Lease proposed has been approved by the Land Registry. The Landlord must covenant to assume the management if the Management Company goes into liquidation or otherwise defaults in running the management scheme. If there are lifts in the building, please confirm that the owners of flats on the ground and basement floors will not be required to contribute towards the cost of maintenance and renewal. Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose? 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.
Due to the encouragement of my in-laws I had a survey completed on a house in Purley ahead of instructing solicitors. I have been informed that there is a flying freehold element to the house. Our surveyor advised that some banks tend refuse to give a loan on such a property.
It depends who your proposed lender is. Bank of Scotland has different instructions from Halifax. Should you wish to call us we can check with the relevant mortgage company. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Purley. Conveyancing will be smoother if you use a solicitor in Purley especially if they are accustomed to such properties in Purley.
What does commercial conveyancing in Purley cover?
Commercial conveyancing in Purley incorporates a broad range of guidance, offered by qualified solicitors, relating to business property. For example, this area of conveyancing can cover the sale or purchase of freehold business premises or, more usually, the assignment of existing leases or the drafting of new leasing arrangements. Commercial conveyancing solicitors can also offer advice on the sale of business assets, commercial mortgages and the termination of leases.
My partner and I have just found out that one of the partners of the conveyancing practice acting on the purchase conveyancing in Purley is an aunty of the owners that we are buying from. Is this permitted?
As long as no conflict arises this is allowable. Where you are needing a mortgage then the mortgage company may have a say as many lenders have specific requirements concerning this. For example for Virgin as of 27/6/2022, the requirements read as follows :