Having sold my house in Penley last November yet the purchaser is whats apping every few hours complaining that her solicitor needs to hear from mylawyer. What should my lawyer have done following completion?

Following your disposal your solicitor is obliged to forward the transfer documentation and all of the paperwork to the purchaser's lawyers. If applicable, your lawyer must also send confirmation that the home loan has been paid off to the purchasers solicitors. There are no post completion steps peculiar conveyancing in Penley.

I require quick conveyancing in Penley as I have an ultimatum to exchange contracts within one month. A mortgage is not required. Can I avoid the conveyancing searches to save money and time?

If.Given you are not obtaining a mortgage you have the choice not to do searches although no law firm would advise that you don't. With lots of history conveyancing in Penley the following are instances of what can show up and adversely impact market value: Enforcement Notices, Overdue Charges, Overdue Grants, Railway Schemes,...

Despite weeks of looking the Title Certificate and documents to my house are lost. The conveyancers who conducted the conveyancing in Penley 10 years ago are no longer around. What are my next steps?

As long as the title is registered the information relating to your ownership will be retained by HMLR under a Title Number. It is easy to perform a search at the Land Registry, locate your property and obtain up to date copies of the Registered Entries for less than a fiver. If the title is Leasehold then the Land Registry will also normally retain a file copy of the Registered Lease and again, a copy can be obtained for a small fee.

Due to the guidance of my in-laws I had a survey completed on a property in Penley before retaining conveyancers. I have been informed that there is a flying freehold element to the house. Our surveyor has said that some banks may refuse to issue a loan on this type of house.

It varies from the lender to lender. Bank of Scotland has different requirements for example to Birmingham Midshires. Should you wish to call us we can investigate further with the appropriate bank. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Penley. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Penley to see if the conveyancing costs will increase in light of this.

I only have 68 years remaining on my flat in Penley. I now want to extend my lease but my freeholder is can not be found. What options are available to me?

If you meet the appropriate requirements, under the Leasehold Reform, Housing and Urban Development Act 1993 you can apply to the County Court for for permission to dispense with the service of the initial notice. This will mean that your lease can be lengthened by the Court. You will be obliged to prove that you have used your best endeavours to locate the landlord. On the whole an enquiry agent should be helpful to try and locate and prepare a report to be accepted by the court as proof that the freeholder is indeed missing. It is advisable to get professional help from a property lawyer both on investigating the landlord’s absence and the application to the County Court covering Penley.

Penley Conveyancing for Leasehold Flats - A selection of Queries before Purchasing

Many Penley leasehold flats will incur a service charge for maintenance of the block levied on behalf of the landlord. If you acquire the flat you will have to pay this liability, normally periodically throughout the year. This could differ from several hundred pounds to thousands of pounds for large purpose-built buildings. There will also be a ground rent for you to pay annual, normally this is not a large amount, say about £25-£75 but you should to check as occasionally it can be many hundreds of pounds. The prefered form of lease arrangement is a share of the freehold. In this situation the lessees have being in charge if their destiny and even though a managing agent is frequently employed if it is bigger than a house conversion, the managing agent is directed by the tenants. What is the the remaining lease term?