Completed the sale of my flat in Torrington last February but my buyer keeps SMS messaging me complaining that his solicitor needs to hear from mine. What are the post completion sale formalities following completion?
Following your disposal your conveyancer is duty bound to deliver the transfer deeds and all supplemental paperwork to the purchaser's solicitors. Depending on the transaction, your lawyer must also send confirmation that the home loan has been redeemed to the buyers conveyancers. There are no post completion steps specific conveyancing in Torrington.
Various internet forums that I have come across warn that are a common cause of delay in Torrington house deals. Is there any truth in this?
The Council of Property Search Organisations (CoPSO) published conclusions of research by MoveWithUs that conveyancing searches do not feature amongst the common causes of delays during the legal transfer of property. Searches are unlikely to be the root cause of holding up conveyancing in Torrington.
I used Wolstenholmes several years past for my conveyancing in Torrington. Now, I need the files however cannot find the solicitor. What do I do?
Do contact the Solicitors Regulatory Authority (SRA) to help locate your conveyancing files. They can be contacted on please contact on 0870 606 2555. Alternatively, you should use their online form to make an enquiry. You will need to provide the SRA with as much information as possible to assist their search, including the name and address in Torrington of the conveyancing firm of solicitors you previously instructed, the name of conveyancing solicitor with whom you had dealings, and the date on which you last had dealings with the firm.
My company is intending to lease a unit on a shopping parade. Can you recommend solicitors offering fixed fees for commercial conveyancing in Torrington for under 2k?
We are happy to recommend firms who have an in-depth of experience of commercial conveyancing in Torrington, including the disposal and acquisition of businesses as well as simply property. Whether you are hoping to purchase or lease a shop, pub, restaurant, office, retail unit or a complete business we can put you in touch with the right solicitor. Regarding the fees this will depend on the structure and terms of the proposed transaction. Let us have your contact information or phone us so that we can supply you with a detailed commercial conveyancing quote.
Having had my offer accepted I require leasehold conveyancing in Torrington. Before I set the wheels in motion I require certainty as to the unexpired term of the lease.
If the lease is recorded at the land registry - and almost all are in Torrington - 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.
Leasehold Conveyancing in Torrington - Examples of Questions you should consider before Purchasing
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You should be aware if it is no more than eighty years it will have adverse implications on the marketability of the flat. Check with your lender that they are willing to go ahead with the loan given the lease term. A short lease means that you will almost definitely need a lease extension sooner rather than later and it is worth discovering what this would cost. For most Torringtonlease extensions you would need to own the premises for 24 months in order to be entitled to exercise a lease extension. It is important to be aware if a new roof is being put on or some other significant cost is pending to be shared amongst the leaseholders and could well dramatically impact the level of the maintenance costs or necessitate a specific payment. How much is the service charge and ground rent on the property?
My lawyers in Torrington have advised me that they can not locate my conveyancing file. At the time of my purchase I took out a mortgage with the lender. Is it case that being on the bank conveyancing panel they need to have retained the file for a number of years?
It very much depends from lender to lender but many of the Terms and Conditions of Conveyancing Panel Appointment require the file to be held for a period of 6 years. That being said we have not seen a copy of the lender Conveyancing Panel Terms. It might be worth you contacting the mortgage company directly.