Finally the sale completed on my house in Cricklade last November yet the purchaser is whats apping me to say her conveyancer is waiting to hear from mine. What are the post completion sale formalities now that I have sold?
After completion of your sale your lawyer is obliged to send the transfer documentation and all additional paperwork to the purchaser's lawyers. Depending on the transaction, your lawyer must also send confirmation that the legal charge in favour of the lender has been discharged to the buyers lawyers. There is unlikely to be post completion formalities peculiar conveyancing in Cricklade.
My wife and I are purchasing a flat in Cricklade. I might seem paranoid but how we can trust a conveyancer? At some point we will need to send money into their account. What protection do we have from them run away with our money?
Be assured that all money in a Solicitors client account is 100% safe, and even if your Solicitor ran off with it, the Law Society would reimburse you fully.
When it comes to mortgage companies such as Barclays, do Cricklade lawyers have to pay a fee to be on the conveyancing panel?
We are unaware of any mortgage company fees to be on their panel, although some do levy an administration charge to deal with the processing of the conveyancing panel submission.
Intending to buy a flat in Cricklade. I have received an online quote from a licenced conveyancer, which states: "There will be no charge for dealing with the Lender if you are obtaining a mortgage". I take this to mean that there will be no additional fee if the solicitor is on the Nationwide conveyancing panel. I wanted to make sure it means there will be no additional fees for dealing with the mortgage.
They are simply saying that the cost for acting for the lender is included in the fee being quoted. It is worth you checking that the Cricklade conveyancer is on the Nationwide conveyancing panel.
My wife and I have a semi-detached Victorian house in Cricklade. Conveyancing lawyer represented me and The Mortgage Works. I did a free Land Registry search last week and I saw a couple of entries: the first freehold, another for leasehold with the exact same address. Is it worth asking The Mortgage Works to clarify?
You need to assess the Freehold register you have again and check the Charges Register as there may be mention of a lease. The best way to be sure that you are also the registered owner of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Cricklade and other locations in the country and poses no real issues for owners other than when they sell they have to account for both freehold and leasehold interests when dealing with buyers. You can also question the position with your conveyancing practitioner who conducted the purchase.
The estate agent has sent us the confirmation of our purchase of a new build flat in Cricklade. 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 few leasehold new build enquiries that you can expect your new-build leasehold conveyancing in Cricklade
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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. 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. Please supply a car parking plan. Will control of the Management Company (if any) be handed over to purchasers on completion of the last sale or earlier? There must be mutual enforceability of lessee’s covenants.
I am a sole trader hoping to take an assignment of a lease of a shop on a shopping parade. Can you recommend solicitors offering no-sale-no charges for non-domestic conveyancing in Cricklade for below 1500k?
We can recommend firms who host a wealth of experience of commercial conveyancing in Cricklade, including the disposal and purchase of businesses as well as simply property. If you are intending to acquire or dispose of a shop, pub, restaurant, office, retail unit or a whole business we can put you in touch with the right lawyer. As for the costs these will vary based on the structure and nuances of the proposed transaction. Please provide us with your contact information or phone us so that we can provide you with a detailed commercial conveyancing calculation.