Finally the sale completed on my house in Llanrhystud last July yet the purchaser is SMS messaging daily complaining that his conveyancer needs to hear from mine. What are the post completion sale legalities following completion?
After completion of your disposal your conveyancer should send the transfer deeds and all supplemental paperwork to the purchaser's solicitors. Where appropriate, your solicitor must also send confirmation that the mortgage has been repaid to the purchasers conveyancers. There is unlikely to be post completion requirements unique to conveyancing in Llanrhystud.
Will our lawyer be making enquiries concerning flooding during the conveyancing in Llanrhystud.
The risk of flooding is if increasing concern for conveyancers dealing with homes in Llanrhystud. Some people will purchase a property in Llanrhystud, completely aware that at some time, it may be flooded. However, leaving to one side the physical destruction, where a house is at risk of flooding, it may be difficult to get a mortgage, suitable insurance cover, or sell the premises. Steps can be carried out during the course of a property purchase to forewarn the buyer.
Lawyers are not qualified to impart advice on flood risk, but there are a number of searches that can be carried out by the buyer or by their solicitors which should figure out the risks in Llanrhystud. The conventional set of property information forms given to a purchaser’s lawyer (where the Conveyancing Protocol is adopted) incorporates a usual inquiry of the seller to discover whether the premises has suffered from flooding. If the property has been flooded in past which is not revealed by the owner, then a buyer could bring a legal claim for losses stemming from an inaccurate response. The buyer’s lawyers will also commission an enviro report. This will indicate if there is a recorded flood risk. If so, additional inquiries should be initiated.
My wife and I own a renovated Victorian property in Llanrhystud. Conveyancing practitioner represented me and Chelsea Building Society. 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 property. I thought I was buying a freehold how can I check?
You need to assess the Freehold register you have again and check the Charges Register for mention of a lease. The best way to be sure that you are also the registered proprietor of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Llanrhystud and other locations in the country and poses no real issues for owners other than when they remortgage they have to account for both freehold and leasehold interests when dealing with buyers. You can also question the situation with the conveyancing practitioner who conducted the conveyancing.
I opted to have a survey completed on a property in Llanrhystud in advance of retaining lawyers. I have been told that there is a flying freehold aspect to the house. The surveyor has said that some banks tend refuse to issue a mortgage on such a home.
It varies from the lender to lender. Santander has different instructions from Halifax. Should you wish to telephone us we can look into this further via the appropriate lender. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Llanrhystud. Conveyancing will be smoother if you use a solicitor in Llanrhystud especially if they are accustomed to such properties in Llanrhystud.
My brother is purchasing a garden flat in Llanrhystud. He has received a fee estimate by the solicitor suggested by the estate agents and it came to £1300 . It was 9 years ago since I sold and bought a home and it cost was £just under five hundred pounds. Have costs really escalated to that extent?
What does the conveyancing estimate include? Is it just for the legal fees, or what you will be paying in total (for example Llanrhystud searches, land registry fees, etc)