Having sold my house in Snodland last October yet the purchaser is SMS messaging daily complaining that their solicitor needs to hear from mine. What should have happened following completion?
Following your house sale your solicitor should deliver the transfer documentation and all of the paperwork to the buyer’s solicitors. Depending on the transaction, your conveyancer should also send confirmation that the home loan has been redeemed to the purchasers conveyancers. There is unlikely to be post completion steps unique to conveyancing in Snodland.
My apartment in Snodland is up for sale and I have accepted an offer. Will my conveyancer have to be required to be on the Bank of Ireland conveyancing panel in order to deal with the discharge of my mortgage?
Ordinarily, even if your lawyer is not on the Bank of Ireland conveyancing panel they can still act for you on your sale. It might be that the lender will not release the original deeds (if applicable and increasingly irrelevant) until after the mortgage is paid off. You should speak to your lawyer directly before you start the process though to ensure that there is no problem as lenders are changing their specifications fairly frequently in recent years.
I require quick conveyancing in Snodland as I am under an ultimatum to exchange contracts in less than one month. Fortunately I do not need a mortgage. Is it possible to escape the need for conveyancing searches to save money and time?
If.Given you are not obtaining a mortgage you have the choice not to have searches carried out although no solicitor would advise that you don't. With lots of history conveyancing in Snodland the following are instances of issues that can crop up and adversely impact market value: Enforcement Notices, Overdue Fees, Overdue Grants, Road Schemes,...
four months have elapsed since my purchase conveyancing in Snodland took place. I have checked the Land Registry website which shows that I paid £175,000 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 premises 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 decided to have a survey carried out on a house in Snodland in advance of appointing lawyers. I have been told that there is a flying freehold overhang to the house. Our surveyor has said that some mortgage companies will refuse to give a mortgage on this type of house.
It depends who your proposed lender is. HSBC has different requirements from Nationwide. Should you wish to telephone us we can look into this further with the relevant bank. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Snodland. Conveyancing will be smoother if you use a solicitor in Snodland especially if they are accustomed to such properties in Snodland.
Back In 2001, I bought a leasehold flat in Snodland. Conveyancing and Bank of Ireland mortgage organised. A letter has just been received from someone claiming to own the reversionary interest in the property. It included a demand for arrears of ground rent dating back to 1996. The conveyancing practitioner in Snodland who acted for me is not around. Any advice?
The first thing you should do is make enquiries of HMLR to be sure that the individual claiming to own the freehold is in fact the new freeholder. You do not need to instruct a Snodland conveyancing lawyer to do this as it can be done on-line for less than a fiver. You should note that in any event, even if this is the legitimate freeholder, under the Limitation Act 1980 no more than 6 years of rent can be collected.
I am the registered owner of a split level flat in Snodland, conveyancing having been completed 7 years ago. Can you work out an approximate cost of a lease extension? Corresponding properties in Snodland with over 90 years remaining are worth £195,000. The ground rent is £45 invoiced annually. The lease runs out on 21st October 2088
With just 63 years left to run we estimate the price of your lease extension to span between £16,200 and £18,600 plus legals.
The figure above a general guide to costs for extending a lease, but we cannot give you the actual costs in the absence of detailed due diligence. Do not use the figures in tribunal or court proceedings. There may be additional concerns that need to be considered and you obviously want to be as accurate as possible in your negotiations. Please do not take any other action based on this information before getting professional advice.