Having sold my house in Beddington South last October but our buyer keeps whats apping every few hours to say his conveyancer is waiting to hear from mine. What are the post completion sale formalities following completion?
After completion of your disposal your lawyer is committed to deliver the transfer deeds and all additional paperwork to the buyer’s solicitors. If applicable, your conveyancer should also evidence that the mortgage has been redeemed to the purchasers lawyers. There are no post completion steps specific conveyancing in Beddington South.
I have been told that property searches are a common reason for hinderance in Beddington South conveyancing transactions. Is there any truth in this?
The Council of Property Search Organisations (CoPSO) published findings of research by MoveWithUs that conveyancing searches do not feature amongst the top 10 causes of hindrances in the conveyancing process. Local searches are not likely to be the root cause of slowing down conveyancing in Beddington South.
The deeds to my home can not be found. The conveyancers who conducted the conveyancing in Beddington South 10 years ago have long since closed. What are my next steps?
In today’s world there are duplicates made of almost everything, and your conveyancer should be aware precisely where to locate all the appropriate paperwork so you may purchase or sell your property without any difficulty. If duplicates can’t be found, your lawyer may be able to arrange cover in the form of insurance or indemnities against future claims on your property.
I am looking for a flat up to £245,000 and identified one round the corner in Beddington South I like with open areas and station in the vicinity, the downside is that it only has 51 remaining years left on the lease. I can't really find anything else in Beddington South suitable, so just wondered if I would be making a mistake purchasing a short lease?
If you require a home loan the remaining unexpired lease term may be problematic. Discount the price by the expected lease extension will cost if it has not already been discounted. If the current owner has owned the premises for a minimum of twenty four months you could request that they commence the lease extension formalities and then assign it to you. An additional ninety years can be extended on to the current lease and have £0 ground rent by law. You should speak to your conveyancing lawyer concerning this.
Should I use a Beddington South conveyancing solicitor in close proximity to the house I am buying? I have an old university friend who can deal with the conveyancing however they are based over three hundred miles drive away.
The benefit of a local Beddington South conveyancing firm is that you can drop in to sign paperwork, present your identification documents and apply pressure on them if necessary. They will also have local insight which is a bonus. That being said nothing is more important than finding someone that will pull out all the stops for you. If if people you trust used your friend and they were content that should surpass using an unknown Beddington South conveyancing lawyer just because they are Beddington South based.