Having sold my house in Cornwall last July yet the purchaser is texting every few hours complaining that their lawyer is waiting to hear from mine. What are the post completion sale formalities now that I have sold?
Following your disposal your lawyer should send the transfer deeds and all supplemental paperwork to the purchaser's conveyancer. Where appropriate, your conveyancer must also evidence that the home loan has been paid off to the purchasers lawyers. There are no post completion requirements unique to conveyancing in Cornwall.
My lawyer in Cornwall has never been on on the National Westminster Bank Conveyancing Panel. Is it possible for me to continue with my family solicitor notwithstanding that they are not on the National Westminster Bank list of approved lawyers?
The limited options available to you here include:
- Complete the purchase with your existing Cornwall lawyers but National Westminster Bank will need to use a solicitor on their panel. This will result in additional total conveyancing charges and result in frustration.
- Choose an alternative practitioner to to deal with the conveyancing, obviously checking they are Convince your conveyancer to do everything within their powers to join the National Westminster Bank conveyancing panel
It has been four months since my purchase conveyancing in Cornwall concluded. I have checked the Land Registry website which shows that I paid £200,000 when infact I paid £180,000. Why the discrepancy?
The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the property from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.
How does conveyancing in Cornwall differ for new build properties?
Most buyers of new build property in Cornwall contact us having been asked by the builder to exchange contracts and commit to the purchase even before the house is built. This is because builders in Cornwall tend to buy the land, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct conveyancing solicitors as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are used to new build conveyancing in Cornwall or who has acted in the same development.
My uncle has suggested that I instruct his lawyers for conveyancing in Cornwall. Should I use them?
Much as we are happy to recommend a Cornwall conveyancing lawyer it’s preferable to find a conveyancing practitioner is to seek referrals from friends or relatives who have actually used the solicitor you're considering.
What advice can you give us when it comes to appointing a Cornwall conveyancing practice to deal with our lease extension?
When appointing a property lawyer for your lease extension (regardless if they are a Cornwall conveyancing practice) it is essential that they be familiar with the legislation and specialises in this area of conveyancing. We suggest that you speak with several firms including non Cornwall conveyancing practices before you instructing a firm. Where the conveyancing practice is ALEP accredited then that’s a bonus. The following questions could be useful:
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Can they put you in touch with clients in Cornwall who can give a testimonial?
Cornwall Conveyancing for Leasehold Flats - Examples of Questions you should consider before buying
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It would be sensible to discover as much as possible concerning the company managing the building as they will either make living at the property much easier or problematic. As the owner of a leasehold property you are often in the clutches of the managing agents from a financial perspective and when it comes to daily matters such as the tidiness of the communal areas. Enquire of other tenants whether they are happy with their service. On a final note, find out the dates that you are obliged pay the maintenance charge to the managing agents and precisely how they are spending the funds. Does the lease include onerous restrictions?