Finally the sale completed on my house in Shirehampton last January but my buyer keeps Skype messaging me complaining that her lawyer needs to hear from mysolicitor. What should my lawyer have done following completion?
After completion of your disposal your conveyancer should forward the transfer deeds and all supplemental paperwork to the buyer’s conveyancer. If applicable, your conveyancer should also send confirmation that the mortgage has been paid off to the purchasers lawyers. There are no post completion steps just for conveyancing in Shirehampton.
Despite weeks of looking the Title Certificate and documents to our house are lost. The solicitors who dealt with the conveyancing in Shirehampton 4 years ago no longer exist. What do I do?
Assuming you have a registered title the information relating to your proprietorship will be held by HMLR under a Title Number. It is possible to perform a search at the Land Registry, identify your property and order current copies of the Registered Entries for a small fee. Where the property is Leasehold then the Land Registry will usually hold a certified copy of the Registered Lease and again, a copy can be ordered for twenty pounds.
I am purchasing a new build house in Shirehampton with the aid of help to buy. The developers would not budge the amount so I negotiated £7000 of extras instead. The estate agent told me not disclose to 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 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.
I'm remortgaging my existing home to a BTL mortgage with Virgin Money and intend to use the remaining equity as a down payment on a second house. The area we are interested in is Shirehampton. Will your lawyers be able to act for both sets of lenders and link together the two deals?
Do use our search tool on this page to be sure that the conveyancers are on the relevant lender panels. Having checked that they are the solicitor should be able to simultaneously deal with the two deals but you should have a chat with you lawyer and make apparent your desired outcome and needs.
If all goes to plan we aim to complete the disposal of our £425,000 maisonette in Shirehampton on Tuesday in a week. The managing agents has quoted £348 for Certificate of Compliance, insurance certificate and previous years statements of service charge. Is it legal for a freeholder to charge exorbitant fees for a flat conveyance in Shirehampton?
For the majority of leasehold sales in Shirehampton conveyancing will involve, questions about the management of a building inevitably needing to be answered directly by the freeholder or its agent, this includes :
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Completing pre-contract enquiries
Where consent is required before sale in Shirehampton
Supplying insurance information
Deeds of covenant upon sale
Registering of the assignment of the change of lessee after a sale
I purchased a ground floor flat in Shirehampton, conveyancing was carried out December 2002. Can you let me have an estimate of the premium that my landlord can legally expect in return for granting a renewal of my lease? Equivalent properties in Shirehampton with an extended lease are worth £185,000. The average or mid-range amount of ground rent is £65 invoiced annually. The lease finishes on 21st October 2086
You have 61 years unexpired we estimate the premium for your lease extension to be between £19,000 and £22,000 plus professional fees.
The suggested premium range that we have given is a general guide to costs for renewing a lease, but we are not able to supply a more accurate figure without more comprehensive due diligence. You should not use the figures in tribunal or court proceedings. There are no doubt additional concerns that need to be considered and you obviously should be as accurate as possible in your negotiations. You should not move forward placing reliance on this information before getting professional advice.
I would be grateful if you would explain what options are open to me if my Shirehampton conveyancing searches reveals negative results?
Usually, most problems disclosed in Shirehampton conveyancing search results can be dealt with prior to completion or title insurance could possibly be put in place. You need to remember that even though you intend on purchasing the premises and may be content to accept the search results, your mortgage lender may not, and when all said and done they have the word say.