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Is my freehold worth £1000?
Comments
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Quote:
Originally Posted by tinaxxx
i have a copy of lease dated 1962 . but solicitor says its been changed to freehold we are close to exchanging contracts
I'd be inclined to belive your solicitor! Of course it's possible - it's what the OP is planning to do
You may have a physical copy of a 1962 lease but if the seller has since bought the freehold its terms are largely academic.RICHARD WEBSTER
As a retired conveyancing solicitor I believe the information given in the post to be useful assuming any properties concerned are in England/Wales but I accept no liability for it.0 -
thanks for your help richard but whats the op:pRichard_Webster wrote: »You may have a physical copy of a 1962 lease but if the seller has since bought the freehold its terms are largely academic.0 -
Original poster0
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our contracts were meant to be exchanged on monday but buyers solicitor has gone on holiday there is a locum in his place he has got all the paper work .we have been waiting 2 days for him to finish searches and sent to our solicitor so we can exchange contracts but we are still waiting we was meant to move by friday is there anything we can do to speed him upthanks for your help richard but whats the op:p
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Do you know what searches is he waiting on? They are likely with 3rd parties.
I presume this is your sale you are now talking about.0 -
there are a couple of enquires left to deal with and they were due in today he promised my solicitor that it would be finished today .but we are still waiting our buyer is chasing him plus our estate agent and solicitor is there anything we can do our end to get it completed tomorrow i never realised that exchanging contracts was this stress fullBananamana wrote: »Do you know what searches is he waiting on? They are likely with 3rd parties.
I presume this is your sale you are now talking about.0 -
If everyone is on the poor chap I'd imagine he'd be quite keen to press on. If he knows its a priority he'll get onto it.
If everyone keeps calling him for an update however he'll more than likely not have chance to do anything but field calls. As long as its chased once a day I'd leave it. It wont make the lad work any faster.0 -
the solicitor responed everything was ready to exchange today then found out that my purchase soliicitor is on holiday and the people im buying from havent signed contracts yet and that they will be recieving them tomorrow fill like its never gonna end is there anything that can be done to get this sorted0
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My mams house is on a 999 lease and was built in 1964 as well!! her freehold was a lot more expensive, depends on what the solicitors charge i suppose.0
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