Having sold my house in Berrylands last December but our buyer keeps texting daily to say his solicitor needs to hear from mine. What should my lawyer have done following completion?
Following your house sale your conveyancer is obliged to deliver the transfer deeds and all of the paperwork to the purchaser's lawyers. Depending on the transaction, your solicitor must also send confirmation that the mortgage has been paid off to the buyers lawyers. There is unlikely to be post completion formalities specific conveyancing in Berrylands.
I am told that my conveyancing solicitors will need to check that the building insurance when buying a house in Berrylands. My lender is Accord Mortgages
Accord Mortgages have specific requirements as set out in the UK Finance Lenders’ Handbook. As of 6/1/2022, the requirements read as follows :
We have agreed to purchase a house in Berrylands. A rare aspect is that the roof has a solar panel. UBS have issued a mortgage offer so presumably this is not a concern to them. Why is my solicitor raising questions about the panel?
Given that your lender is UBS your lawyer must comply with the formal instructions set out in Section two of UK Finance Lenders’ Handbook for UBS. The CML Handbook sets out minimum specifications for solar panel roof-space leases, and solicitors are required to report to UBS where a lease fails to satisfy these provisions. The requirements relate to the installation of panels on properties in England and Wales and is not limited to Berrylands.
Completion of my remortgage has taken place for my property in Berrylands. Conveyancing was a necessary evil but I feel I should register my dissatisfaction about the lender. Who do I contact should I wish to lodge a complaint?
Most banks and building societies have complaints procedures. Your first port of call should be one of the lender’s branches or the Customer Care Team at head office. Ordinarily complaints to a lender are resolved very quickly. However if you are not satisfied that the matter is not resolved you can write to Financial Ombudsman Service who will take matters further.
At last I have had an offer on a maisonette in Berrylands accepted, the sellers do however have a dependent purchase. The vendors have placed an offer on on an apartment, however it’s not yet agreed to, and are looking at other apartments in the pipeline. I have selected a high street conveyancing solicitor in Berrylands. What should be my next step? When should I get the mortgage application with Bank of Ireland going?
It is normal to have concerns where there is a chain as you are unlikely to want to incur expenses too early (mortgage application is in the region of one thousand pounds, then valuation, Berrylands conveyancing search costs, etc). First, you should check that your conveyancer is on the Bank of Ireland conveyancing panel. Concerning the next phase this very much depends on the circumstances of your case, desire for this property and on the state of the market. During a hot market the majority of purchasers will apply for a home loan with Bank of Ireland and arrange for the valuation and only if it was satisfactory would they ask their lawyer to move forward with searches.
Should my solicitor be making enquiries concerning flooding during the conveyancing in Berrylands.
Flooding is a growing risk for conveyancers dealing with homes in Berrylands. Plenty of people will buy a house in Berrylands, completely expectant that at some time, it may be flooded. However, leaving to one side the physical damage, if a property is at risk of flooding, it may be difficult to get a mortgage, adequate building insurance, or dispose of the premises. There are steps that can be taken during the course of a house purchase to forewarn the purchaser.
Solicitors are not qualified to give advice on flood risk, but there are a numerous checks that may be carried out by the buyer or by their solicitors which will figure out the risks in Berrylands. The conventional set of completed inquiry forms supplied to a buyer’s conveyancer (where the solicitors are adopting what is known as the Conveyancing Protocol) includes a standard question of the owner to find out whether the property has suffered from flooding. If the premises has been flooded in past which is not disclosed by the seller, then a buyer may issue a legal claim for losses as a result of such an misleading answer. The purchaser’s conveyancers will also order an environmental search. This should indicate if there is any known flood risk. If so, additional investigations will need to be carried out.
About to purchase a new build apartment in Berrylands. Conveyancing is a frightening process at the best of times but I have never purchased a new build flat before. What sort of enquires would be asked in new build legal work.
Here are examples of a selection of leasehold new build enquiries that you can expect your new-build leasehold conveyancing in Berrylands
If there are lifts in the building, please confirm that the owners of flats on the ground and basement floors will not be required to contribute towards the cost of maintenance and renewal. Forfeiture - bankruptcy or liquidation must not apply under this provision. Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company? There must be mutual enforceability of lessee’s covenants.
What type of property do your Berrylands conveyancing estimates apply to?
The quotes provided are only applicable to standard domestic homes in England & Wales. Where you have any different needs for instance industrial or agricultural property or commercial conveyancing in Berrylands do telephone us to consider this further .