Completed the sale of my flat in West Malling last July but the buyer keeps telephoning me complaining that his solicitor is waiting to hear from mine. What are the post completion sale formalities following completion?
Following your disposal your solicitor is committed to send the transfer documentation and all of the paperwork to the purchaser's solicitors. If applicable, your conveyancer should also evidence that the mortgage has been paid off to the buyers solicitors. There is unlikely to be post completion formalities specific conveyancing in West Malling.
We are planning to move property in December. Does my conveyancing solicitor communicate with the removal company on the completion day. Incidentally, can you put forward a removal company in West Malling. Conveyancing firm was chosen prior to coming across this website.
On the day of completion you will need to collect the house keys from the selling agent but this should only happen once the previous owners solicitors confirm to the agent that they have the completion monies and the keys can be passed over. You can advise the removal men that they can start moving you in. We are not in a position to suggest a specific removal company but can assist you in locating a residential property solicitor in West Malling or a solicitor with expertise in conveyancing in West Malling.
I'm the sole beneficiary of my late father’s estate with all property in now in my sole name, including the my former home in West Malling. The West Malling property was put into my name in August. I plan to dispose of the house. I understand that there is a CML 6 month 'rule', meaning my proprietorship could be regarded the same way as though I had purchased the house in August. Is the property unsalable for six months?
The CML handbook instructs conveyancers to: "report to us immediately if the owner or registered proprietor has been registered for less than six months." By the strict wording you may be caught by that. Most lenders would take a sensible view as this requirement is primarily there to pick up on the purchase and immediately sell or the quick reselling of property.
I have a mortgage with Aldermore for my property in West Malling. Conveyancing was finalised some time ago. If I am intending to rent out the flat and do not currently have a buy-to-let mortgage do I need to remortgage to a buy-to-let mortgage or inform Aldermore?
Your original mortgage agreement with Aldermore will provide that you need their approval in advance of letting out your property as this is likely to be a breach of Aldermore’s mortgage conditions. In many cases banks or building societies will allow you to rent out your former home without needing to switch to a buy-to-let mortgage but some lenders will add a surcharge to your mortgage rate to reflect the higher risk. You should contact Aldermore directly. You need not do this via a Aldermore conveyancing panel lawyer.
Will commercial conveyancing searches disclose proposed roadworks that could affect a commercial land in West Malling?
Its becoming the norm that commercial conveyancing solicitors in West Malling will conduct a SiteSolutions Highways report as it reduces the time that conveyancers invest in sourcing accurate data on highways that impact buildings and development assets in West Malling. The search result provides definitive information on the adoption status of roads, footpaths and verges, as well as the implication of traffic schemes and the rights of way surrounding a commercial development sites in West Malling.
For each commercial conveyancing transaction in West Malling it is crucial to investigate the adoption status of roads surrounding a site. Failure to identify developments where adoption procedures have not been addressed adequately can cause delays to West Malling commercial conveyancing transactions as well as pose a risk to future plans for the site. These searches are not carried out for residential conveyancing in West Malling.
Are there restrictive covenants that are commonly identified as part of conveyancing in West Malling?
Restrictive covenants can be picked up when reviewing land registry title as part of the legal transfer of property in West Malling. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’
I am looking for a leasehold apartment up to £305k and found one close by in West Malling I like with open areas and station nearby, the downside is that it only has 49 remaining years left on the lease. There is not much else in West Malling suitable, so just wondered if I would be making a grave error acquiring a lease with such few years left?
Should you require a home loan that many years will likely be problematic. Reduce the price by the anticipated lease extension will cost if not already taken into account. If the existing proprietor has owned the property for at least twenty four months you may request that they start the process of the extension and pass it to you. You can add 90 years to the existing lease and have £0 ground rent by law. You should speak to your conveyancing lawyer about this matter.
Am I better off to use a West Malling conveyancing practitioner based in the vicinity that I am buying? I have an old university friend who can execute the legal formalities but they are based 400kilometers away.
The benefit of a high street West Malling conveyancing practice is that you can pop in to execute documents, present your identification documents and apply pressure on them where appropriate. They will also have local knowledge which is a bonus. However nothing is more important than finding someone that will pull out all the stops for you. If if people you trust instructed your friend and on the whole were happy that should outweigh using an unfamiliar West Malling conveyancing lawyer solely due to them being West Malling based.