Completed the sale of my flat in Chase Side last March yet the purchaser is telephoning me complaining that his lawyer needs to hear from myconveyancer. What should have happened following completion?
After completion of your house sale your lawyer is duty bound to send the transfer deeds and all additional paperwork to the buyer’s conveyancer. If applicable, your lawyer must also evidence that the mortgage has been discharged to the buyers lawyers. There is unlikely to be post completion formalities unique to conveyancing in Chase Side.
My husband and I are hoping to buy a 2 bedroom flat in Chase Side with a residential mortgage from Barclays Direct.We would like to retain our Chase Side conveyancing solicitor but Barclays Direct informed us her practice is not listed on their "panel". It seems we have little choice but to instruct a Barclays Direct panel lawyer or retain our local solicitor and pay for one of their panel ones to represent them. This seems very unfair; Can we not simply insist that Barclays Direct use our lawyer?
No, not really. The loan issued to you is subject to its various provisions, one of which will be that conveyancers needs to be on the Barclays Direct approved list. in the past, most lenders had large numbers of law firms on their panels: a borrower could find one for themselves, as long as it was on the lender's panel. The lender would then simply instruct the borrower's lawyers to act for the lender, too. You can use your lender's panel lawyers or you could borrow from another lender which does not restrict your choice. A further alternative is for your solicitors to apply to be on the conveyancing panel for Barclays Direct
Forgive me if this question is silly but I am unseasoned as FTB of a two bedroom flat in Chase Side. Do I receive the keys to the property on completion from my solicitor? If so, I will use a High Street conveyancing solicitor in Chase Side?
On the day of completion you do not need to attend the conveyancers office in Chase Side. Conveyancing lawyers for you will transfer the purchase money to the seller's lawyers, and once they have received this, you should be able to receive the keys from the selling Agents and move into your new home. This tends to happen between 1 and 3pm.
When it comes to lenders such as Co-operative, do Chase Side conveyancing practitioners have to pay a yearly amount to be on the list of approved solicitors?
We are unaware of any bank fees to register on their list of approved firms, although some do charge an administration fee to deal with the processing of the conveyancing panel submission.
We expect to receive a OIP from Clydesdale this week so we can work out what to offer on a property we like as otherwise we are dependent on web based calculators (which aren't taking into account credit checks etc). Do Clydesdale recommend any Chase Side solicitors on the Clydesdale conveyancing panel, or is it better to find our own lawyer?
You will need to appoint Chase Side solicitors independently although you'll need to choose one on the Clydesdale conveyancing panel. The solicitor represents both you and Clydesdale through the process.
I note that there are debates on Chancel Insurance on online forums. Am I compelled to take this when purchasing a property in Chase Side? or I am told that there is historic law that means some owners of property living in a parish church boundary may be liable to contribute towards maintenance to the chancel in proximity to the church. Is this appropriate for conveyancing in Chase Side?
Unless a previous acquisition of the premises completed after 12 October 2013 you can expect conveyancing practitioners delivering conveyancing in Chase Side to remain recommending a chancel search and or insurance against a claim.
Am I right to be wary about brokers that I am dealing with are encouraging me to use an online conveyancing firm as opposed to a local Chase Side conveyancing company?
As with many service providers, often input from connections can be extremely useful or valuable. Yet there are lots of people with a vested interest in a conveyancing deal; estate agents, financial adviser and banks might all recommend lawyers to retain. Sometimes these lawyers might be known to one of the organisations as being good in their field, but sometimes there behind the scenes commercial relationship behind the endorsement. You have the right to choose your preferred conveyancer. However, bear in mind that most lenders operate an approved list of lawyers you are obliged to use for the lender aspect of your transaction.
We have been advised by numerous family members to expect 6-8 weeks for Chase Side conveyancing to complete.This was four weeks ago. The paperwork was only forwarded from the vendors conveyancer last week so now does it countdown?
Do not count on moving on a specific date until contracts are exchanged. Regardless of the promises the people you are purchasing from or selling to make, or your conveyancer makes don't bank on them. More stress is caused to home movers by unfulfilled promises than anything else.