Having sold my house in Sudbury last March but my buyer keeps texting every few hours to say his lawyer needs to hear from mine. What are the post completion sale formalities following completion?
Following your sale your lawyer should send the transfer deeds and all additional paperwork to the buyer’s conveyancer. Where appropriate, your solicitor should also evidence that the mortgage has been redeemed to the buyers solicitors. There are no post completion tasks unique to conveyancing in Sudbury.
We wanted to use a property lawyer in Sudbury for our house purchase. Our broker has since advised us that our bank Britannia won't deal with them. Surely this is unduly restrictive?
A lender will insist on an approved conveyancer act for it. You would be liable to meet the cost of this. Please make use of our database to get a quote from a solicitor to carry conveyancing in Sudbury on the Britannia conveyancing panel.
It has been four months following my purchase conveyancing in Sudbury concluded. I have checked the Land Registry site which shows that I paid £200,000 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 property 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 need to appoint a conveyancing solicitor for my conveyancing in Sudbury. I have land on a site which seems to have the ideal answer If it is possible to get all this stuff completed via phone that would be ideal. Should I be wary? What are the potential pitfalls?
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?
Back In 2001, I bought a leasehold flat in Sudbury. Conveyancing and Bank of Ireland mortgage are in place. A letter has just been received from someone claiming to own the freehold. Attached was a ground rent demand for rent dating back to 1993. The conveyancing practitioner in Sudbury who acted for me is not around. Do I pay?
The first thing you should do is contact HMLR to make sure that the individual purporting to own the freehold is indeed the registered owner of the freehold reversion. It is not necessary to incur the fees of a Sudbury conveyancing solicitor to do this as you can do this on the Land Registry website for less than a fiver. You should note that regardless, even if this is the rightful freeholder, under the Limitation Act 1980 the limitation period for recovery of ground rent is six years.
I have attempted and failed to negotiate with my landlord to extend my lease without getting anywhere. Can I make an application to the Leasehold Valuation Tribunal? Can you recommend a Sudbury conveyancing firm to assist?
You certainly can. We are happy to put you in touch with a Sudbury conveyancing firm who can help.
An example of a Lease Extension decision for a Sudbury property is Ground Floor Flat 79 London Road in September 2012. the Tribunal held that the premium payable for the lease extension should be £7,636 This case affected 1 flat. The number of years remaining on the existing lease(s) was 74 years.
I am in the process of buying my first property in Sudbury. Conveyancing lawyer has been chosen. The broker suggested that a survey is not necessary as the house was only built in 1997.
At the very least you should have a Home Buyer's Report. As the property was constructed over a decade ago the property will not benefit from a warranty, so you would be well advised not to take a risk. Where a property of this age shows no signs of defects a Home Buyer's report could suffice. They will highlight any obvious issues and recommend further investigation where appropriate. Where there are any indications of problems get a full Building Survey from the beginning.