Finally the sale completed on my house in Plymstock last December but the buyer keeps whats apping every few hours to say their solicitor needs to hear from mysolicitor. What should have happened now that I have sold?
After completion of your disposal your lawyer should send the transfer documentation and all additional paperwork to the buyer’s solicitors. Depending on the transaction, your conveyancer should also evidence that the mortgage has been paid off to the buyers solicitors. There are no post completion procedures peculiar conveyancing in Plymstock.
We are due to move home in February. Should my conveyancing solicitor update the removal company on the day of completion. As an aside, can you put forward a removal company in Plymstock. Conveyancing solicitor was organised before I stumbled across this site.
On the day of completion you can collect the keys from your selling agent however this can only happen once the previous owners lawyers advise the agent that the monies to complete are in and the keys can be collected. Subsequently you can inform the removal company that they can start moving you in. We do not suggest a particular removal organisation but can assist you in finding a residential property solicitor in Plymstock or a legal practice that specialises in conveyancing in Plymstock.
Is it the case that all Plymstock solicitor practices on the Aldermore conveyancing panel are regulated by the Solicitors Regulatory Authority?
As solicitors, in order to be on the Aldermore approved list of solicitors they would need to be overseen by the Solicitors Regulatory Authority. Some mortgage companies do list licenced conveyancers on their panel in which case such practice would be overseen by the CLC.
It is unclear whether my mortgage offer requires a lease extension. I have called my Plymstock bank branch on various occasions and was told they are content with the situation and they would lend. My Plymstock conveyancing solicitor - who is on the mortgage company conveyancing panel- telephoned to say that they would not lend in accordance with their specific requirements. Who do I believe?
Your conveyancing practitioner has to comply with the CML Handbook Part 2 requirements for your bank. Unless your lawyer obtains specific confirmation in writing that the mortgage company will go ahead, your lawyer has no choice but to refrain from exchanging contract and committing you to the purchase. We would suggest that you ask the lender to contact your lawyer in writing confirming that they will accept the number of years left on the lease.
Hoping to buy a property located in Plymstock and I am already nervous. I couldn't find anything specific about Plymstock. Conveyancing will be needed in due course but do you know about the Plymstock area? or perhaps some other tips you can share?
Rather than looking online forget looking online you should go and have a look at Plymstock. In the meantime here are some basic statistics that we found
I am in need of some leasehold conveyancing in Plymstock. Before I get started I require certainty as to the remaining lease term.
If the lease is registered - and almost all are in Plymstock - then the leasehold title will always include the short particulars of the lease, namely the date; the term; and the original parties. From a conveyancing perspective such details then enable any prospective buyer and lender to confirm that any lease they are looking at is the one relevant to that title. For any other purpose, such as confirming how long the term was granted for and calculating what is left, then the register should be sufficient on it's own.
I bought a garden flat in Plymstock, conveyancing was carried out half a dozen years ago. How much will my lease extension cost? Comparable properties in Plymstock with a long lease are worth £170,000. The ground rent is £50 yearly. The lease terminates on 21st October 2103
With only 78 years remaining on your lease we estimate the premium for your lease extension to range between £7,600 and £8,800 plus plus your own and the landlord's "reasonable" professional fees.
The suggested premium range that we have given is a general guide to costs for extending a lease, but we cannot give you the actual costs in the absence of detailed investigations. Do not use the figures in tribunal or court proceedings. There may be other concerns that need to be taken into account and you obviously want to be as accurate as possible in your negotiations. Neither should you move forward placing reliance on this information before seeking the advice of a professional.
My brother-in-law has suggested I instruct a conveyancing solicitor in Plymstock. I I would like to check if they are listed on the bank's approved list of lawyers. Can you advise?
One option is to phone your conveyancer to check if they are on the lender's panel. If that does not help get in touch with us and we can investigate and revert. Should the firm not be on the bank panel we can certainly arrange a specialist conveyancing solicitor in Plymstock on the panel for your lender.