Completed the sale of my flat in Ferring last June yet the purchaser is e-mailing daily to moan that his conveyancer needs to hear from mine. What are the post completion sale legalities now that I have sold?
Following your disposal your solicitor should send the transfer documentation and all supplemental paperwork to the purchaser's lawyers. Depending on the transaction, your conveyancer should also send confirmation that the home loan has been paid off to the purchasers lawyers. There are no post completion steps just for conveyancing in Ferring.
I have recentlyfound out that Stirling Law have been shut down. They carried out my conveyancing in Ferring for a purchase of a leasehold apartment 18 months ago. How can I check that the property is in my name in the name of the former proprietor?
The easiest way to see if the property is in your name, you can make a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Ferring conveyancing specialists.
I'm purchasing my first flat in Ferring benefiting from help to buy. The developers would not budge the amount so I negotiated five thousand pounds worth of additionals instead. The house builders rep told me not reveal to my conveyancer about the deal as it will jeopardize my mortgage with the lender. Should I keep quiet?.
All lenders require a Disclosure of Incentives Form from the developer of any new build, converted or renovated property, It is available online from the Lenders’ Handbook page on the CML website. CML form is completed and handed to the lender's surveyor when the inspection is done.
Lenders have different policies on incentives. Some accept none at all, cash or physical, while others will accept cash incentives up to 5%.
Hard to understand why the representative of a builder would be suggesting you withold information from a solicitor when all this will be clearly visible on forms the builder has to supply to its solicitor, the buyer's solicitor and the surveyor.
Due to the encouragement of my in-laws I had a survey completed on a house in Ferring ahead of instructing solicitors. I have been informed that there is a flying freehold aspect to the property. My surveyor advised that some banks may not issue a loan on this type of premises.
It depends who your proposed lender is. Lloyds has different requirements from Birmingham Midshires. Should you wish to call us we can look into this further via the relevant mortgage company. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Ferring. Conveyancing will be smoother if you use a solicitor in Ferring especially if they are accustomed to such properties in Ferring.
I would like to sublet my leasehold flat in Ferring. Conveyancing solicitor who did the purchase is retired - so can't ask him. Do I need to ask my freeholder for their consent?
Some leases for properties in Ferring do contain a provision to say that subletting is only permitted with prior consent from the landlord. The landlord cannot unreasonably withhold but, in such cases, they would need to review references. Experience dictates that problems are usually caused by unsatisfactory tenants rather than owner-occupiers and for that reason you can expect the freeholder to take up the references and consider them carefully before granting permission.
Ferring Leasehold Conveyancing - A selection of Questions you should consider before Purchasing
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How much is the maintenance charge and ground rent on the property? Are there any major works anticipated that will increase the service fees?