Completed the sale of my flat in Johnstown last August but my buyer keeps Skype messaging me to moan that her solicitor is waiting to hear from mine. What are the post completion sale legalities following completion?
After completion of your house sale your conveyancer is duty bound to send the transfer deeds and all additional paperwork to the buyer’s conveyancer. Depending on the transaction, your lawyer must also send confirmation that the home loan has been paid off to the buyers lawyers. There are no post completion formalities peculiar conveyancing in Johnstown.
My grandmother passed away 10 months ago and as sole heir and executor I was left the house in Johnstown. The house had a relatively small loan left on it of around £4500. I want to transfer the title deeds into my name whilst I re-mortgage to Santander, pay off the mortgage. Is this possible?
Where you plan to re-mortgage then Santander will require that you use a conveyancer on the Santander conveyancing panel. Here is link to the Land Registry online guidance around what to do when a property owner dies. This will help you to understand the registration process behind changing the details re the registered title. in your case it would appear that you are effectively purchasing the property from the estate. Your Santander conveyancing panel solicitor pays the new mortgage money into the estate, the estate pays off the old mortgage, the charge is released and you become the owner and the Santander mortgage is registered as a charge at the Land Registry.
I have been told that property searches are a common cause of delay in Johnstown conveyancing transactions. Is there any truth in this?
The Council of Property Search Organisations (CoPSO) published determinations of a review by MoveWithUs that conveyancing searches do not figure within the common causes of delays in the conveyancing process. Searches are not likely to be the root cause of holding up conveyancing in Johnstown.
Despite weeks of looking the Title Certificate and documents to my property are lost. The conveyancers who did the conveyancing in Johnstown 5 years ago no longer exist. What are my next steps?
As long as you have a registered title the details of your ownership will be documented by HMLR with a Title Number. It is possible to conduct a search at the Land Registry, identify your house and secure up to date copies of the property title for less than a fiver. Where the title is Leasehold then the Land Registry will usually retain a certified duplicate of the Registered Lease and again, a copy can be ordered for twenty pounds.
I have been on the look out for a ground for flat up to £195,000 and identified one near me in Johnstown I like with a park and transport links in the vicinity, the downside is that it's only got 52 years unexpired on the lease. There is not much else in Johnstown in this price bracket, so just wondered if I would be making a mistake acquiring a short lease?
If you require a mortgage the shortness of the lease will likely be an issue. Discount the offer by the expected lease extension will cost if not already taken into account. If the existing owner has owned the premises for a minimum of 2 years 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 current lease and have £0 ground rent by law. You should consult your conveyancing solicitor regarding this matter.