Completed the sale of my flat in Fillongley last July but our buyer keeps telephoning daily complaining that her solicitor is waiting to hear from mine. What should my lawyer have done following completion?
After completion of your sale your lawyer should deliver the transfer deeds and all of the paperwork to the purchaser's conveyancer. Where relevant, your lawyer should also send confirmation that the mortgage has been discharged to the buyers conveyancers. There are no post completion formalities unique to conveyancing in Fillongley.
I have been told that property searches are a common cause of stalling in Fillongley house deals. Is this right?
The Council of Property Search Organisations (CoPSO) has noted the determinations of research by MoveWithUs that conveyancing searches do not feature amongst the common causes of delays in the conveyancing process. Local searches are not likely to feature in any slowing down conveyancing in Fillongley.
Me and my brother own a 4 bedroom Victorian house in Fillongley. Conveyancing practitioner represented me and . I happened to do a free search for it on the Land Registry database and there are two entries: the first freehold, another for leasehold with the exact same address. I thought I was buying a freehold how can I check?
You should review 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 Fillongley 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 lenders. You can also check the position with the conveyancing practitioner who conducted the work.
What does commercial conveyancing in Fillongley cover?
Commercial conveyancing in Fillongley incorporates a broad array of advice, provided by qualified solicitors, relating to business premises. By way of example, this area of conveyancing can cover the sale or purchase of freehold business premises or, more commonly, the transfer of existing business tenancies or the drafting of new leasing arrangements. Commercial conveyancing solicitors can also offer advice on the sale of business assets, commercial mortgages and the termination of leases.
I bought a 1 bedroom flat in Fillongley, conveyancing formalities finalised 3 years ago. Can you shed any light on how much the price could be for a 90 year extension to my lease? Comparable properties in Fillongley with a long lease are worth £165,000. The average or mid-range amount of ground rent is £45 charged once a year. The lease terminates on 21st October 50
With 50 years remaining on your lease we estimate the premium for your lease extension to range between £36,100 and £41,800 as well as costs.
The suggested premium range above a general guide to costs for extending a lease, but we cannot give you the actual costs in the absence of comprehensive investigations. Do not use the figures in a Notice of Claim or as an informal offer. There may be additional concerns that need to be taken into account and you obviously should be as accurate as possible in your negotiations. Please do not move forward placing reliance on this information before getting professional advice.