Completed the sale of my flat in Castle Vale last November but our buyer keeps whats apping daily to say her lawyer needs to hear from myconveyancer. What should have happened following completion?
Following your sale your lawyer should deliver the transfer deeds and all of the paperwork to the purchaser's conveyancer. Depending on the transaction, your lawyer must also evidence that the home loan has been redeemed to the buyers solicitors. There is unlikely to be post completion requirements specific conveyancing in Castle Vale.
Do I have to attend the offices of the solicitor to execute the mortgage deed? If so, I will instruct a firm who offer conveyancing in Castle Vale so that I can attend their offices if necessary.
Most conveyancing panel lawyers for lenders undertake their communications via Royal Mail, internet or over the phone. This enables them to conduct the conveyancing transaction regardless of where you live in the country. Nevertheless you should see if you have the option of going to the offices of your conveyancing lawyer if just in case this is required.
Have just purchased a repossessed house at auction in Castle Vale. Conveyancing is needed. What happens now?
Now that you have exchanged you now have to find a conveyancing solicitor quickly as you are facing a pending a drop dead date to complete the deal. An auction property should have a corresponding legal set of papers. This will likely include evidence of title and search results. Where you are dealing with leasehold property the auction pack may include a copy of the lease, management information and a sellers leasehold information form and other conveyancing paperwork specific to a leasehold property. You must hand this to your appointed conveyancing solicitor ASAP. You also need to ensure that you have funds in place to complete on the on the contractual date .
We previously instructed conveyancing lawyers locally in Castle Vale on the RBS solicitor panel. They are now charging me a separate sum for handling the RBS mortgage. Is this a supplemental conveyancing fee set by RBS?
Unfortunately, so long as it is in their Terms of Engagement or Quote then yes your conveyancing practitioner may levy a fee for this. This charge is not dictated by RBS but by your Castle Vale property lawyer. Some firms on the RBS panel will charge an ‘acting for lender’ fee and others do not.
My fiancee and I are in the process of viewing apartments in Castle Vale and I am about to put in an offer. Is it wise to have my property lawyer on ‘stand by’? I intend to finance via a home loan with RBS.
It would be sensible to commence your search sooner rather than later. After you have chosen your lawyer and once your offer is accepted you can instruct them to work for you and pass their contact information on to the estate agent. Given that you are getting a mortgage with RBS, ask your prospective lawyers if they are on the RBS conveyancing panel otherwise they can't do the mortgage legal work.
I've recently found out that there is a flying freehold issue on a property I have offered on last month in what should have been a straight forward, no chain conveyancing. Castle Vale is the location of the property. Can you shed any light on this issue?
Flying freeholds in Castle Vale 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 Castle Vale you must be sure that your lawyer goes through the deeds very carefully. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Castle Vale 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 premises.
Am I best advised to choose a Castle Vale conveyancing solicitor based in the vicinity that I am buying? I have an old university friend who can handle the legal work but they are based 200miles away.
The primary upside of using a high street Castle Vale conveyancing practice is that you can pop in to execute paperwork, present your ID and pester them if necessary. They will also have local insight which is a benefit. However nothing is more important than finding someone that will do a good and efficient job. If you know people who instructed your friend and on the whole were content that must trump using an unknown Castle Vale conveyancing lawyer solely due to them being round the corner.
What tools are available to find a Castle Vale conveyancing solicitor on the bank conveyancing panel? I have a car and am prepared to travel up to 25kilometers to meet the solicitor.
Feel free to make use of the find a conveyancing panel tool on this page. Please choose the lender and your location, in this case Castle Vale and you will see a number of lawyer located nearest Castle Vale. Alternatively you can type in the name of your proposed law firm and see if they are listed as being on the bank solicitor panel.