Willappointing a Swavesey conveyancing solicitor make the home moving process easier?
Swavesey is a special area, where neighbourhood experience is a significant benefit. The laid-back lifestyle has an upside – just not when it comes to your house move. The solicitors that we recommend providing vast Swavesey intelligence with a professional, hands-onattitude that helps everything runs smoothly. It will certainly help that they benefit from good connections with mortgage brokers, search providers, valuers and other Swavesey conveyancing solicitors
Having sold my house in Swavesey last August but the buyer keeps Skype messaging me complaining that their lawyer needs to hear from mine. What are the post completion sale legalities following completion?
After completion of your disposal your conveyancer is obliged to deliver the transfer deeds and all supplemental paperwork to the purchaser's conveyancer. Depending on the transaction, your lawyer must also evidence that the legal charge in favour of the lender has been repaid to the buyers solicitors. There are no post completion steps unique to conveyancing in Swavesey.
The estate agent has sent us the confirmation of our purchase of a new build flat in Swavesey. 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.
Set out below is a sample of a selection of leasehold new build enquiries that you should expect your new-build leasehold conveyancing in Swavesey
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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. There must be mutual enforceability of lessee’s covenants. Please supply evidence that the form of Lease proposed has been approved by the Land Registry. Investor purchasers must be able to freely grant unsecured tenancies at market rents without requiring any consents.
Over the last few months I have been searching for a ground for flat up to £305k and identified one close by in Swavesey I like with a park and transport links in the vicinity, the downside is that it only has 52 remaining years left on the lease. There is not much else in Swavesey for this price, so just wondered if I would be making a mistake buying a lease with such few years left?
Should you require a home loan the remaining unexpired lease term will likely be a potential deal breaker. Discount the price by the anticipated lease extension will cost if it has not already been discounted. If the existing owner has owned the property 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 existing lease term and have £0 ground rent by law. You should consult your conveyancing lawyer regarding this matter.
Can you provide any advice for leasehold conveyancing in Swavesey with the aim of speeding up the sale process?
- A significant proportion of the frustration in leasehold conveyancing in Swavesey can be avoided where you get in touch lawyers as soon as you market your property and request that they start to collate the leasehold documentation needed by the purchasers’ solicitors. If there is a history of any disputes with your landlord or managing agents it is essential that these are settled prior to the flat being marketed. The buyers and their solicitors will be concerned about purchasing a property where there is a current dispute. You will have to accept that you will have to pay any arrears of service charge or resolve the dispute prior to the buyers completing the purchase. It is therefore preferable to have any dispute settled ahead of the contract papers being issued to the buyers’ solicitors. You will still have to reveal particulars of the dispute to the purchasers, but it is clearly preferable to reveal the dispute as over rather than ongoing. The majority of landlords or managing agents in Swavesey levy fees for supplying management packs for a leasehold premises. You or your lawyers should find out the fee that they propose to charge. The management pack can be applied for as soon as you have a buyer, thus reducing delays. The typical amount of time it takes to receive management information is three weeks. It is the most common cause of frustration in leasehold conveyancing in Swavesey. In the event that you altered the property did you need the Landlord’s consent? Have you, for example installed wooden flooring? Most leases in Swavesey state that internal structural alterations or addition of wooden flooring require a licence from the Landlord consenting to such alterations. Where you dont have the paperwork in place you should not communicate with the landlord without checking with your conveyancer in the first instance.
Swavesey Conveyancing for Leasehold Flats - A selection of Queries before buying
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What is the length of the lease? Are any of leasehold owners in arrears of their service charge liability? Is anyone aware of any major works in the near future that will likely add a premium to the service charges?