Completed the sale of my flat in Bexhill last March yet the purchaser is SMS messaging daily complaining that his lawyer needs to hear from mysolicitor. What should my lawyer have done following completion?
Following your house sale your lawyer is duty bound to send the transfer documentation and all of the paperwork to the buyer’s lawyers. Depending on the transaction, your solicitor must also send confirmation that the legal charge in favour of the lender has been discharged to the buyers conveyancers. There are no post completion formalities specific conveyancing in Bexhill.
In looking at mumsnet.com for a recommended lawyer in Bexhill, many advise that I should look for a CQS kitemarked solicitor. Can you explain what CQS is?
The Conveyancing Quality Scheme (CQS) provides a kitemark for residential conveyancing practices issued by the Law Society. Membership achievement establishes a level of credibility for member firms with stakeholders (regulators, lenders, insurers and consumers) based upon: * the integrity of the senior responsible officer and other key conveyancing staff * the firm's adherence to good practice management standards * compliance with prudent and efficient conveyancing procedures through the scheme protocol Membership includes numerous companies who perform conveyancing in Bexhill.
Me and my partner are buying a property in Bexhill. It might be a silly question but how we can trust a solicitor? At some point we will need to deposit funds into their account. What protection do we have from them run away with our money?
Be assured that all money in a Solicitors client account is 100% safe, and even if your Solicitor ran off with it, the Law Society would reimburse you fully.
I am aiming to move home in October. Does my conveyancing solicitor call the removal company on the completion day. On a separate note, can you suggest a removal company in Bexhill. Conveyancing solicitor was chosen prior to coming across your website.
On the afternoon of completion you can collect the house keys from the estate agent but this can only take place once the vendors conveyancers confirm to the agent that they acknowledge receipt of the completion payment and the keys can be collected. You should tell the removal men that they can start moving you in. We do not recommend a specific removal organisation but can help you choose a residential property solicitor in Bexhill or a legal practice that specialises in conveyancing in Bexhill.
After what seems like an age I have had an offer on an apartment in Bexhill agreed to, the sellers do however have a tied purchase. The sellers have offered on a flat, but it’s not been accepted yet, and have viewings of other flats in the pipeline. I have selected a local conveyancing solicitor in Bexhill. What should be my next step? At what point should I apply for the mortgage with Kent Reliance?
It is normal to have apprehensions where there is a chain as you are unlikely to want to be too out of pocket prematurely (mortgage application is approx £1k, then valuation, Bexhill conveyancing search fees, etc). The first course of action is to check that your solicitor is on the Kent Reliance approved list. As to the subsequent steps this very much dictated by the specifics of your case, attraction to the property and on the state of the market. In a buoyant market some home buyers would apply for a home loan with Kent Reliance and pay for the valuation and only if it was satisfactory would they request their lawyer to press on with searches.
I have recentlyfound out that Arc property Solicitors have been shut down. They carried out my conveyancing in Bexhill for a purchase of a freehold house 10 months ago. How can I be sure that the property is in my name in the name of the former proprietor?
The quickest method to see if the property is registered to you, you can carry out 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 Bexhill conveyancing specialists.
My husband and I are first time buyers - agreed a price, yet the selling agent told us that the seller will only proceed if we use their preferred solicitors as they need an ‘expedited deal’. We would rather use a high street solicitor with experience of conveyancing in Bexhill
It is unlikely the sellers are driving this. If they desire ‘a quick sale', taking such a hostile approach to a serious buyer is going to damage their objectives. Contact the owners directly and make sure they comprehend that (a)you are motivated purchasers (b)you are excited to move forward, with mortgage lined up © you are chain free (d) you wish to move quickly (e)but you intend to appoint your own,trusted Bexhill conveyancing lawyers - not the ones that will earn the estate agent a kickback or achieve conveyancing figures pre-set by corporate headquarters.
What are the common problems that you see in leases for Bexhill properties?
Leasehold conveyancing in Bexhill is not unique. Most leases are individual and legal mistakes in the legal wording can sometimes mean that certain provisions are wrong. The following missing provisions could result in a defective lease:
-
Service charge per centages that don't add up correctly leaving a shortfall A duty to insure the building
You will encounter difficulties when selling your property if you have a defective lease primarily because it impacts on the ability to obtain a mortgage on the property. Halifax, Bank of Scotland, and Nottingham Building Society all have express conveyancing instructions when it comes to what is expected in a lease. If a mortgage lender believes that the lease is defective they may refuse to provide security, forcing the purchaser to pull out.
I invested in buying a studio flat in Bexhill, conveyancing was carried out 10 years ago. How much will my lease extension cost? Corresponding properties in Bexhill with a long lease are worth £195,000. The ground rent is £45 yearly. The lease expires on 21st October 2085
You have 63 years left to run we estimate the premium for your lease extension to range between £16,200 and £18,600 plus legals.
The figure above a general guide to costs for renewing a lease, but we cannot give you the actual costs without more comprehensive due diligence. Do not use this information in tribunal or court proceedings. There may be other concerns that need to be considered and clearly you want to be as accurate as possible in your negotiations. Neither should you move forward placing reliance on this information before getting professional advice.