Having sold my house in Turvey last August yet the purchaser is calling every few hours to say his solicitor is waiting to hear from mysolicitor. What are the post completion sale legalities now that I have sold?
After completion of your disposal your lawyer is committed to send the transfer documentation and all additional paperwork to the buyer’s solicitors. Where relevant, your conveyancer should also confirm that the legal charge in favour of the lender has been paid off to the purchasers lawyers. There are no post completion procedures unique to conveyancing in Turvey.
I am buying a property and the conveyancer has raised the issue of Chancel Repair to which the property could be obligated to contribute to as it falls into the area of such a church. He has mentioned insurance. Is this really necessary for conveyancing in Turvey
Unless a prior acquisition of the premises completed after 12 October 2013 you can expect conveyancing practitioners carrying out conveyancing in Turvey to remain recommending a chancel search and or insurance against a claim.
The deeds to my house can not be found. The solicitors who did the conveyancing in Turvey 5 years ago no longer exist. What are my next steps?
As long as you have a registered title the details of your proprietorship will be evidenced by HMLR with a Title Number. It is possible to conduct a search at the Land Registry, find your property and obtain up to date copies of the property title for a small fee. If the title is Leasehold then the Land Registry will in most cases retain a file copy of the Registered Lease and again, a copy can be obtained for a small fee.
Yesterday I discovered that there is a flying freehold element on a house I have offered on a fortnight ago in what was supposed to be a simple, chain free conveyancing. Turvey is where the house is located. Is there any guidance you can impart?
Flying freeholds in Turvey are unusual but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Turvey you would need to get your solicitor to go through the deeds thoroughly. Your mortgage company may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Turvey may ascertain that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold property.
As co-executor for the estate of my grandfather I am disposing of a residence in Monmouth but reside in Turvey. My lawyer (who is 260 kilometers from mehas requested that I sign a statutory declaration ahead of the transaction finalising. Can you recommend a conveyancing solicitor in Turvey who can attest and place their company stamp on the document?
strictly speaking you are unlikely to need to have the documents attested by a conveyancing solicitor. Ordinarily or notary public or qualified solicitor will do regardless of whether they are Turvey based
If all goes to plan we aim to complete the sale of our £425,000 flat in Turvey next week. The freeholder has quoted £408 for Landlord’s certificate, building insurance schedule and previous years statements of service charge. Is it legal for a freeholder to charge exorbitant fees for a leasehold conveyance in Turvey?
Turvey conveyancing on leasehold apartments often requires the purchaser’s solicitor sending questions for the landlord to address. Although the landlord is not legally bound to answer these enquiries most will be content to do so. They are at liberty to charge a reasonable administration fee for answering enquiries or supplying documentation. There is no set fee. The average costs for the paperwork that you are referring to is over three hundred pounds, in some cases it exceeds £800. The administration charge demanded by the landlord must be accompanied by a synopsis of entitlements and obligations in respect of administration fees, otherwise the invoice is technically not due. Reality however dictates that you have little option but to pay whatever is requested of you if you want to sell the property.
I bought a ground floor flat in Turvey, conveyancing was carried out half a dozen years ago. 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? Similar flats in Turvey with over 90 years remaining are worth £195,000. The ground rent is £45 charged once a year. The lease expires on 21st October 2085
With just 63 years remaining on your lease we estimate the premium for your lease extension to be between £16,200 and £18,600 as well as professional fees.
The figure that we have given is a general guide to costs for extending a lease, but we are not able to supply the actual costs in the absence of comprehensive due diligence. You should not use this information in tribunal or court proceedings. There may be additional issues that need to be taken into account and clearly you want to be as accurate as possible in your negotiations. Please do not move forward placing reliance on this information before seeking the advice of a professional.