We are aiming to purchase a 1950's property. Is it important that property searches are done?
Conveyancing searches are a standard pack of queries raised by your property lawyer with several authorities. These do not relate to defects such as cracks around door frames.
Should I get my short lease extended before selling?
Buyers are becoming increasingly wary of buying leaseholds with less than 90 years to run because, first, the cost of increasing a leasehold is becoming far more expensive, and, second, mortgage companies are becoming increasingly reticent to lend money to buy leases that have dropped below the 80-year mark (indeed, this will be one of the criteria that they set to ensure their investment is protected).
As a result, buyers will often insist that the leasehold be extended back up to the 99-year or 125-year typical thresholds before going ahead and buying it. So, as the current leaseholder, you will almost certainly be expected to do the legal work required to extend the lease to a level that buyers will be happy with.
The home being purchased is on a brownfield site. Is the topsoil likely to remain contaminated?
Langham industrial or agricultural can cause topsoil contamination. Land may also be contaminated by other sources, including groundwater contaminants like hydrocarbons and herbicides.
We have found a plethora of handbooks all about DIY conveyancing such as House Buying, Selling and Conveyancing. That being the case, do I need to use a Langham property solicitor ?
Should you want to use the various books to steer you, you can conceivably carry out the greater part of the if not all of the your own conveyancing without having a qualified conveyancing solicitor in Langham .
In reality however, a solicitor in Langham is familiar with a long list of tasks including interpreting protocol forms or handling retentions some of which need experience. Above all else DIY lawyers will not be covered by appropriate professional indemnity insurance which all lawyers must take out.
What do I provide to the solicitor on my house sale?
The list of documents required is quite simple, but will be required at different stages of the process (but ideally any forms should be completed and returned on the day of receipt and preferably delivered by hand or email).
- Proof of id
- Title deeds (if you have them; they might be lodged with the solicitor who handled the purchase of the property you are selling, or the mortgage company)
- Fixtures and Fittings Form (TA10)
- Property Information Form (TA6) – information on boundaries, disputes and complaints with neighbours, notices and proposals, alterations and planning consents, building regulations, electricity and gas certificates, guarantees and warranties, insurance, environmental matters affecting the property, rights and informal arrangements, parking, other charges, services, connection to utilities and services, and transaction information
- Copies of documents referenced in the PIF
- Leasehold or shared freehold documents
- Management Information Pack
- Energy Performance Certificate
Providing all this documentation as quickly as possible, as well as responding to arising questions throughout the conveyancing within a couple of hours will help to speed the conclusion of your transaction up considerably.
Virgin is our lender, what will we need to check?
Buyers should be aware that some lenders have reduced their 'solicitor panel'. This can mean increased conveyancing costs for buyers. We can act for many lenders to ensure that you will not need to pay legal costs to your lender's solicitor.
Which local authority is responsible for Langham?
Langham is located in Rutland County Council, Council Offices, Catmose, Oakham, Rutland LE15 6HP phone: 01572 722577