Some solicitors on behalf of the purchasers ask for his. They have to have one done for the communal area.
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by CFMCI run a management company and I would like to know if the Land Registry require a signed Deed of Covenant to be returned to me before completion, or can this be received afterwards? In which case is there a time limit on when this should be submitted by? Also is there a time limit on when the Certificate...
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Channel: Conveyancing Questions
25-02-2021, 12:02 PM -
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by LawcruncherThe deed of covenant should be sent as required by the lease. If the lease was granted on or after 1st January 1996 a deed of covenant on an assignment does not actually achieve anything as the position is covered by the Landlord and Tenant /(Covenants) Act 1995, so there is no need to worry if you...
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Channel: Conveyancing Questions
26-02-2021, 09:34 AM -
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by CFMCThanks for your response Lawcruncher. Does that timeline also apply to the required Deed of Covenant? Should that not be returned signed within a few days of completion?
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Channel: Conveyancing Questions
25-02-2021, 23:31 PM -
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by YattyyakHello hope someone can advise any help most appreciated.
we are in the process trying to buy a flat .
There is what seems now a management company set up and taken over the freehold from the original developer and the directors seem to be people who live in the flats or other that live elsewhere...-
Channel: Conveyancing Questions
20-02-2021, 23:36 PM -
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Reply to Lease 63years & 999years addedby YattyyakThere are 2 lease’s current one 63yrs and Reversionary lease 999 years starts 2084.
The lender is querying does the 999 lease start automatically and at no cost , as the new lease doesn’t say anything about it .Also ground rent in 2084 starts at £500 but anything over £250 outside London...-
Channel: Conveyancing Questions
25-02-2021, 15:52 PM -
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Reply to Lease 63years & 999years addedby CodgerSpeak to the directors it may be the original lease term is not relevant if you are going to be a shareholder of the freehold.
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Channel: Conveyancing Questions
25-02-2021, 15:35 PM -
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by zruxWas trying to purchase a property, which fell through at the last minute as the seller passed away.
The solicitors legal fees agreed was £700, searches and transfers were extra.
This wasn't a no win no fee basis.
The searches were completed and mortgage offer was received by...-
Channel: Conveyancing Questions
24-02-2021, 14:11 PM -
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by LawcruncherPersonally I would say not. It does though depend on how you look at it. At least in theory (it is one of the reasons used to justify charges) a conveyancing fee includes an indemnity element. It is why on the whole the higher the price the higher the fee. If the matter does not proceed that at the...
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Channel: Conveyancing Questions
25-02-2021, 12:51 PM -
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by zruxThank you all.. In this case I have mentioned the fee quoted and at what stage the matter was aborted. My question was more on the lines of the following-
The solicitor is asking for £650 at this stage out of £700. Is that a fair amount in terms of the charges by my solicitor?
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Channel: Conveyancing Questions
25-02-2021, 12:25 PM -
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by LawcruncherAll the Land Registry expects is compliance with any restriction on the register. Time limits as such do not really come into it. If a restriction says that no disposition can be registered without a certificate in a specified form then the certificate must be submitted before the disposition can be...
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Channel: Conveyancing Questions
25-02-2021, 12:14 PM -
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