This question may be naive but I am unexperienced as a 1st time buyer of a two bedroom flat in Lyndhurst.Do I pick up the keys to the property on completion from my lawyer? If this is the case, I will instruct a local conveyancing solicitor in Lyndhurst?
On the day of completion you will not be required to attend the conveyancers office in Lyndhurst. Conveyancing lawyers for you will transfer the completion advance to the seller's solicitors, and shortly after the monies have arrived, you should be able to collect the keys from the Estate Agents and start moving into the property. This tends to happen between 1 and 3pm.
I have justdiscovered that Stirling Law have been shut down. They carried out my conveyancing in Lyndhurst for a purchase of a freehold house 18 months ago. How can I check that my home is registered correctly in the name of the former proprietor?
The easiest way to check if the property is registered to you, you can make a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Lyndhurst conveyancing specialists.
Over the last few months I have been searching for a ground for flat up to £195,000 and found one near me in Lyndhurst I like with a park and station in the vicinity, the downside is that it only has 52 remaining years left on the lease. There is not much else in Lyndhurst suitable, so just wondered if I would be making a grave error purchasing a lease with such few years left?
Should you need a home loan that many years will likely be an issue. Discount the price by the anticipated lease extension will cost if it has not already been discounted. If the existing proprietor has owned the premises for at least 2 years you can request that they start the process of the extension and then assign it to you. You can add 90 years to the existing lease term and have £0 ground rent by law. You should speak to your conveyancing lawyer about this matter.