Having sold my house in Fillongley last March yet the purchaser is SMS messaging daily to moan that his lawyer needs to hear from mysolicitor. What should my lawyer have done following completion?
Following your sale your lawyer should forward the transfer documentation and all additional paperwork to the buyer’s lawyers. Depending on the transaction, your conveyancer must also evidence that the legal charge in favour of the lender has been redeemed to the purchasers solicitors. There is unlikely to be post completion formalities just for conveyancing in Fillongley.
Is it necessary to take out insurance to address the risk of chancel repairs when purchasing a residence in Fillongley?
Unless a prior acquisition of the premises took place post 12 October 2013 you may expect solicitors handling conveyancing in Fillongley to continue to suggest a chancel search and or chancel repair liability policy.
I purchased my flat on 2 April and the transaction details are still not registered. Need I be worried? My conveyancing solicitor in Fillongley expressed confidence that it would be concluded inside ten days. Are properties in Fillongley particularly slow to register?
There is nothing unique about conveyancing in Fillongley registration formalities. Rather than based on location, timescales can vary according to the party submitting the application, whether there are errors and whether the Land registry have to notify any third persons or bodies. As of today roughly 80% of submission are completed in less than three weeks but some can be subject to protracted hold-ups. Registration occurs once the new owner is living at the premises thus post completion formalities is not usually primary concern yet if it is urgent that the the registration takes place urgently then you or your lawyers can communicate with the Registry to express the reasoning for an expedited registration.
The estate agent has sent us the confirmation of our purchase of a new build apartment in Fillongley. Conveyancing is a frightening process at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build legal work.
Here are examples of a selection of leasehold new build questions that you should expect your new-build leasehold conveyancing in Fillongley
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Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company? Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose? The Lease must contain a provision on behalf of the Vendor to pay the service charges in respect of unoccupied units in order to ensure that all services can be provided. Where there is an Undertaking being granted there is the risk of forfeiture of the Headlease subject to relief if one or more of the Underlessees are willing to accept the original Head Lessee’s obligations as otherwise relief will be denied to the Underlessees. The only alternatives are the Head Lessor agreeing not to forfeit the Headlease or the Head Lessee guaranteeing to the Underlessees that it will not be in breach of the Headlease. Please confirm the Lease plans are architect prepared.
I am looking for a leasehold apartment up to £235,500 and found one near me in Fillongley I like with amenity areas and station in the vicinity, however it only has 52 remaining years left on the lease. There is not much else in Fillongley suitable, so just wondered if I would be making a mistake acquiring a lease with such few years left?
Should you need a mortgage the shortness of the lease may be problematic. Discount the price by the expected lease extension will cost if not already taken into account. If the current owner has owned the property for a minimum of twenty four months you may request that they commence the lease extension formalities and pass it to you. An additional ninety years can be extended on to the existing lease term with a zero ground rent applied. You should speak to your conveyancing solicitor concerning this.