Having sold my house in Crossness last September yet the purchaser is e-mailing me to say her solicitor needs to hear from mine. What are the post completion sale formalities following completion?
Following your sale your conveyancer is duty bound to deliver the transfer documentation and all additional paperwork to the purchaser's solicitors. Where appropriate, your lawyer should also send confirmation that the legal charge in favour of the lender has been paid off to the buyers lawyers. There are no post completion formalities unique to conveyancing in Crossness.
Do commercial conveyancing searches reveal impending roadworks that could affect a commercial site in Crossness?
Its becoming the norm that commercial conveyancing solicitors in Crossness will order a SiteSolutions Highways report as it reduces the time that conveyancers invest in researching accurate data on highways that impact buildings and development assets in Crossness. 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 Crossness.
For each commercial conveyancing transaction in Crossness it is critical to investigate the adoption status of roads surrounding a site. The absence of identifying developments where adoption procedures have not been dealt with adequately may cause delays to Crossness commercial conveyancing transactions as well as pose a risk to future plans for the site. These searches are not carried out for domestic conveyancing in Crossness.
My wife and I own a semi-detached Edwardian house in Crossness. Conveyancing solicitor represented me and Virgin Money. I happened to do a free search for it on the Land Registry database and there are two entries: one for freehold, another for leasehold under the exact same property. If a house is not a freehold shouldn't I have been informed?
You should assess the Freehold register you have again and check the Charges Register for mention of a lease. The best way to be sure that you are also the registered proprietor of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Crossness and other areas of the country and poses no real issues for owners other than when they mortgage they have to account for both freehold and leasehold interests when dealing with purchasers. You can also check the position with your conveyancing lawyer who conducted the purchase.
How does conveyancing in Crossness differ for new build properties?
Most buyers of new build residence in Crossness come to us having been asked by the developer to sign contracts and commit to the purchase even before the premises is built. This is because builders in Crossness typically buy the land, 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 property lawyers 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 Crossness or who has acted in the same development.
The solicitors undertaking our conveyancing in Crossness has forwarded papers to review that reveal that the land is unregistered with epitome documents. Why is the property not registred at the Land Registry?
Most property in Crossness is registered. An 'epitome' is basically a dossier of photocopies of documents affecting an unregistered title. Plenty of Crossness conveyancing practitioners will be able to handle this type of conveyancing but in the event that uncertainty exists the prevailing proposition nowadays is for the seller’s conveyancer to undertake the registration formalities first and thereafter sell - this undoubtedly result in a drawn-out home move.