Completed the sale of my flat in Chelmsford last November but my buyer keeps Skype messaging daily to say his solicitor needs to hear from mine. What should my lawyer have done following completion?
Following your sale your lawyer should deliver the transfer deeds and all of the paperwork to the buyer’s solicitors. If applicable, your conveyancer should also send confirmation that the legal charge in favour of the lender has been paid off to the purchasers conveyancers. There are no post completion tasks just for conveyancing in Chelmsford.
I am about to put a bid on a leasehold flat in Chelmsford. The property agents say that it is usual for flats in Chelmsford to have less than 75 years remaining. I am obtaining a mortgage with Platform. Will the property be mortgageable given that the lease has 72 years remaining.
Most leasehold conveyancing experts should be able to deal with a lease extension. if you are securing a mortgage then your lender may insist that the lease be extended before competition. Platform have specific requirements as set out in the UK Finance Lenders’ Handbook in relation to minimum unexpired lease terms. As of 21/11/2024 the requirements read as follows :
How does conveyancing in Chelmsford differ for new build properties?
Most buyers of new build residence in Chelmsford contact us having been asked by the housebuilder to sign contracts and commit to the purchase even before the residence is completed. This is because developers in Chelmsford usually buy the real estate, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct conveyancing solicitors as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are accustomed to new build conveyancing in Chelmsford or who has acted in the same development.
My husband and I are 3 weeks into a freehold purchase having been recommend to conveyancers by the selling agent to carry out the conveyancing in Chelmsford. I am am very frustrated with the level of service. Can you you assist me in finding new lawyers?
They would need to be very poor to suggest changing them. Has the loan offer been generated? If so you need to advise them of the new contact details and get the mortgage documents are issued to the new lawyers. Your conveyancer needs to be on the banks approved list to avoid added costs and delays. So that should be your starting point. The search tool will help you find a lender approved conveyancer for your home move in Chelmsford
When it comes to my conveyancing in Chelmsford should I be charged VAT on the following: (1) Land reg fee on purchase (2) Pre - completion search fee (3) SDLT E submission on purchase (4) Bank TT fee
(1) Land reg fee on purchase - No (2) Pre - completion search fees -No, (such conveyancing searches are HMLR ones and means £4 and possibly £2 bankruptcy per name on your mortgage) (3) SDLT E submission on your purchase - There is no VAT on Stamp Duty. However if the firm is charging a stamp duty e-submission fee as part of their services - some Chelmsford conveyancers do - that will incur VAT(4) Bank transfer fee - Yes it is for the solicitor's time in submitting the funds this way.