Completed the sale of my flat in Bounds Green last March but our buyer keeps telephoning me to moan that her conveyancer is waiting to hear from mysolicitor. What should have happened now that I have sold?
Following your house sale your conveyancer should forward the transfer documentation and all supplemental paperwork to the purchaser's conveyancer. If applicable, your lawyer must also evidence that the mortgage has been paid off to the purchasers solicitors. There are no post completion procedures specific conveyancing in Bounds Green.
When it comes to mortgage companies such as Kent Reliance, do Bounds Green conveyancing practitioners have to pay a yearly amount to be on the list of approved solicitors?
We are not aware of any mortgage company fees to be on their panel, although some do levy an administration charge to deal with the processing of the conveyancing panel submission.
We have a mortgage agreed in principle with Santander. Bounds Green conveyancing lawyers have been instructed. What is the average time that one could expect to receive a mortgage offer from Santander?
Some lenders take longer than others. Have Santander done the valuation? Have you advised Santander as to your lawyers' details and checked that your lawyers are on the Santander conveyancing panel? It is not unusual for a mortgage offer to take a month to come through.
Completion of my purchase has taken place for my property in Bounds Green. Conveyancing was satisfactory but I feel I should register my dissatisfaction about the lender. Who do I contact should I wish to lodge a complaint?
All banks and building societies have complaints procedures. Your first point of contact should be one of the lender’s branches or the Customer Services Team at head office. In most cases complaints to a lender are resolved effectively and efficiently. If you feel the matter is not resolved you can write to Financial Ombudsman Service, South Quay Plaza, 183 Marsh Wall, London E14 9SR with full details of your complaint.
Are there restrictive covenants that are commonly identified as part of conveyancing in Bounds Green?
Restrictive covenants can be picked up when reviewing land registry title as part of the legal transfer of property in Bounds Green. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’
I've recently found out that there is a flying freehold element on a house I put an offer in a fortnight ago in what was supposed to be a straight forward, chain free conveyancing. Bounds Green is the location of the property. Can you shed any light on this issue?
Flying freeholds in Bounds Green are not the norm but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Bounds Green you must be sure that your lawyer goes through the deeds diligently. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Bounds Green may ascertain that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold property.
In searching the world wide web for the words conveyancing in Bounds Green it reveals many property lawyerslocally. How do I determine which is the right solicitor for purchase transaction?
The preferential method of finding a suitable conveyancer is through a personal referral, so seek the counsel of friends and those you trust who have acquired a property in Bounds Green or the respected estate agent or financial adviser. Costs for conveyancing in Bounds Green vary, so it's advisable to request a minimum of four quotes from varying types of property lawyers. Be sure to secure confirmation that the fees are fixed.
Partway through the sale of a leasehold flat in Bounds Green. Conveyancing is fine but we are being charged a fortune from the freeholder. So far we have forked out £268 for a leasehold management information and then a further £117.20 for answers to questions supplied by the purchaser's lawyer.
Your conveyancing practitioner will unlikely have any control over the level of the bill for this information but the average fee for the information for Bounds Green leasehold premises is £350. For Bounds Green conveyancing sales it is usual for the owner to pay for these charges. The freeholder or their agents are not duty bound to answer these questions most will agree to do so - albeit often at exorbitant prices disproportionate to the work involved. Unfortunately there is no statute that mandates capped charges for administrative tasks. There is no statutory time frame by which they are duty bound to issue the information.