Completed the sale of my flat in Abridge last February yet the purchaser is calling me complaining that her lawyer is waiting to hear from myconveyancer. What are the post completion sale legalities following completion?
Following your sale your solicitor is duty bound to deliver the transfer documentation and all supplemental paperwork to the purchaser's lawyers. Depending on the transaction, your conveyancer must also evidence that the mortgage has been redeemed to the purchasers conveyancers. There are no post completion formalities specific conveyancing in Abridge.
I require expedited conveyancing in Abridge as I have a deadline to complete within 2 weeks. A home loan is not required. Can I decline from having conveyancing searches to save fees and time?
If.Given you are not getting a mortgage you have the choice not to do searches although no conveyancer would suggest that you don't. With lots of history conveyancing in Abridge the following are examples of what can crop up and adversely affect market value: Enforcement Notices, Overdue Charges, Outstanding Grants, Road Schemes,...
I am looking for a flat up to £305k and identified one close by in Abridge I like with open areas and station nearby, the downside is that it's only got 51 remaining years left on the lease. There is not much else in Abridge suitable, so just wondered if I would be making a grave error acquiring a short lease?
If you require a home loan that many years will be a potential deal breaker. Discount the price by the amount the lease extension will cost if it has not already been discounted. If the current owner has owned the premises for at least twenty four months you may ask them to commence the lease extension formalities and pass it to you. You can add 90 years to the current lease and have £0 ground rent by law. You should speak to your conveyancing lawyer about this.
I'm converting the mortgage on my current house to a BTL mortgage with Lloyds TSB Bank and intend to use the remaining equity towards further house. The neighborhood we are looking at is Abridge. Will your conveyancers be able to act for both sets of banks and link together the transactions?
Do use our search tool on this page to ensure that the lawyers are approved by both lenders. On the basis that they are the solicitor will be able to connect the two transactions but you should have a chat with you conveyancer and communicate your expectations and requirements.
Am I best advised to use a Abridge conveyancing lawyer in close proximity to the house I am hoping to buy? I have an old university friend who can conduct the legal work however her office is 400kilometers drive away.
The benefit of a local Abridge conveyancing practice is that you can pop in to execute documents, deliver your identification documents and apply pressure on them if necessary. Having local Abridge know how is a benefit. That being said it's more important to get someone that will do a good and efficient job. If if people you trust used your friend and on the whole were impressed that should surpass using an unknown Abridge conveyancing lawyer just because they are Abridge based.
Do I cancel my mortgage payments with Barclays once a completion date for my sale in Abridge has been agreed?
You are best advised to continue meeting any mortgage sums to Barclays pending the mortgage being discharged on completion as part of your Abridge conveyancing.