My partner and I are planning on selling our property in Wilmslow and the buyers lawyers are claiming that there is a risk of it being constructed land that was not decontaminated. Any high street Wilmslow conveyancer would know this is not the case. For the life of me I don't know why the buyers used an internet conveyancing practice as opposed to a conveyancing solicitor in Wilmslow. We have lived in Wilmslow for many years we know of no issue. Should we get in touch with our local Authority to obtain confirmation that there is no issue.
It sounds as though you may have a conveyancing solicitor already. What do they say? You need to enquire of your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out health insurance to cover that same ailment)
I used Stirling Law a few years past for my conveyancing in Wilmslow. I now require my file but the law firm has closed. What do I do?
Do contact the Solicitors Regulatory Authority (SRA) to help locate your conveyancing files. They can be contacted on please contact on 0870 606 2555. Alternatively, you should use their online form to make an enquiry. You will need to provide the SRA with as much information as possible to assist their search, including the name and address in Wilmslow of the conveyancing firm of solicitors you previously used, the name of conveyancing solicitor with whom you had dealings, and the date on which you last had dealings with the firm.
Yesterday I discovered that there is a flying freehold element on a property I put an offer in two weeks back in what should have been a straight forward, chain free conveyancing. Wilmslow is where the house is located. Can you shed any light on this issue?
Flying freeholds in Wilmslow are unusual but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Wilmslow you must be sure that your lawyer goes through the deeds very carefully. Your mortgage company may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Wilmslow may ascertain that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold residence.
My husband and I are FTB’s - agreed a price, but the estate agent has warned us that the seller will only go ahead if we use their chosen lawyers as they are insisting on an ‘expedited deal’. Our preferred option is to instruct a family solicitor accustomed to conveyancing in Wilmslow
We suspect that the seller is unaware of this demand. Should the owner want ‘a quick sale', taking such a hostile approach to a serious buyer is counter productive. Contact the sellers directly and explain that (a)you are keen to buy (b)you are ready to progress, with mortgage lined up © you have nothing to sell (d) you wish to move quickly (e)but you will continue to appoint your own,trusted Wilmslow conveyancing firm - not the ones that will give their estate agent a introducer fee or meet his conveyancing thresholds demanded by senior management.
We own a leasehold flat in Wilmslow. Conveyancing was completed in last year. I have been told that I should not let the lease length get too short. Is this correct?
Wilmslow leasehold properties are for a prescribed term - usually just under one hundred years when they started. However a significant flats in Wilmslow were constructed or converted 35 or more years ago and so such leases now have under eighty years unexpired. This may sound like a long time but Banks, Building Societies and other mortgage institutions generally require leases to have at least 75 years left to be mortgageable. This means that when you come to sell the property you will need to extend the term of your lease if you are nearing eighty years. To maximise your property value you should be considering whether or not to extend your lease long before you come to sell it. Please note that there are advantages to taking action before the lease reaches even 80 years as when the lease is less than eighty years the premium to be paid to extend starts to get a lot more expensive.