Completed the sale of my flat in Aldwych last April but our buyer keeps SMS messaging daily complaining that his conveyancer needs to hear from mine. What are the post completion sale legalities following completion?
Post completion of your sale your conveyancer is committed to deliver the transfer documentation and all additional paperwork to the purchaser's lawyers. Where appropriate, your solicitor should also send confirmation that the home loan has been repaid to the buyers solicitors. There are no post completion requirements just for conveyancing in Aldwych.
What is your number one tip for choosing a conveyancing solicitor in Aldwych
It would be unwise to be tempted by the cheapest Aldwych conveyancing quote. You really do get what you pay for when it comes to conveyancing solicitors. A cheap quote may mean that the conveyancing solicitor is handling a lot of jobs at one time and you won’t get the quality of service and the attention that you need. It is, however, wise to use a conveyancer who has a fixed fee on a no sale, no fee basis. This way, you know exactly what you’ll have to pay in ahead of time.
Last month we had a mortgage agreed in principle with Nationwide. Aldwych conveyancing solicitors have been appointed. How long does it take for Nationwide to forward the offer to the lawyer?
There is no definitive answer here. Have Nationwide done the valuation? Have you informed Nationwide as to your lawyers' details and checked that your lawyers are on the Nationwide conveyancing panel? Sometimes it can take as long as six weeks for a mortgage offer to be issued.
I have instructed a Aldwych conveyancing practitioner having made sure that they are on the Kent Reliance conveyancing panel. Does my lawyer arrange the survey of the property?
Kent Reliance will need an independent valuation of the property. Your lawyer will not arrange this. Usually Kent Reliance will appoint their own surveyor to do this, and you will have to pay for it. Remember that this is a valuation for mortgage purposes and not a survey. You may wish to consider appointing your own Aldwych surveyor to carry out a survey or prepare a home buyers report on the property. It is up to you to satisfy yourself that the property is structurally sound before you buy it. If the survey or report reveals that building work is needed, you should tell your solicitor. You may wish to renegotiate with the seller.
Hoping to buy a property located in Aldwych and I am already nervous. I couldn't find anything specific about Aldwych. Conveyancing will be needed in due course but do you know about the Aldwych area? or perhaps some other tips you can share?
Rather than looking online forget looking online you should go and have a look at Aldwych. In the meantime here are some basic statistics that we found
I am in need of some leasehold conveyancing in Aldwych. Before I set the wheels in motion I want to be sure as to the remaining lease term.
Assuming the lease is registered - and almost all are in Aldwych - 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.
After years of correspondence we are unable to agree with our landlord on how much the lease extension should cost for our flat in Aldwych. Can we issue an application to the Residential Property Tribunal Service?
Where there is a absentee freeholder or where there is dispute about what the lease extension should cost, under the Leasehold Reform, Housing and Urban Development Act 1993 it is possible to make an application to the Leasehold Valuation Tribunal to decide the price.
An example of a Freehold Enfranchisement case for a Aldwych premises is 20 Avonwick Road in July 2013. The Tribunal was dealing with an application under Section 26 of the Leasehold Reform Housing and Urban Development Act 1993 for a determination of the freehold value of the property. It was concluded that the price to be paid was Fifteen Thousand Nine Hundred and Seventy (£15,970) divided as to £8,200 for Flat 20 and £7,770 for Flat 20A This case related to 1 flat. The remaining number of years on the lease was 73.26 years.
My fiance and I yesterday become aware that one of the partners of the solicitors handling the purchase conveyancing in Aldwych is a relative of the owners that we are purchasing from. Is this permitted?
Provided there is no conflict of interest this is permitted. If you are requiring a mortgage then the lender may have a say as many mortgage companies have specific instructions on this. For example for Leeds Building Society as of 20/11/2024, the requirements read as follows :
• a different person deals with the conveyance (i.e. not the borrower);
• there is no conflict of interest and none arises during the transaction; and
• the Law Society guidelines are followed.