Finally the sale completed on my house in Clitheroe last February yet the purchaser is SMS messaging daily to say her solicitor needs to hear from mysolicitor. What are the post completion sale legalities now that I have sold?
Following your sale your lawyer should send the transfer deeds and all of the paperwork to the purchaser's lawyers. If applicable, your lawyer must also confirm that the home loan has been discharged to the buyers lawyers. There is unlikely to be post completion steps specific conveyancing in Clitheroe.
My friend recommended that if I am buying in Clitheroe I should ask my conveyancer to execute a Neighbourhood, Planning and Local Amenity Search. Can you explain what the purpose of this search is?
A search of this type is occasionally quoted for as part of the standard Clitheroe conveyancing searches. It is a large report of more than thirty pages, listing and detailing significant information about Clitheroe around the property and the people living there. It includes an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the Clitheroe Housing Market, Council Tax Banding, the type of People living in the area, the dominant type of Housing, the Average House Prices, Crime statistics, Local Education with plans and statistics, Local Amenities and other useful information about Clitheroe.
Over the last few months I have been searching for a ground for flat up to £305k and identified one near me in Clitheroe I like with a park and railway links nearby, the downside is that it only has 49 remaining years left on the lease. There is not much else in Clitheroe suitable, so just wondered if I would be making a mistake purchasing a lease with such few years left?
Should you need a home loan that many years will likely be a potential deal breaker. Reduce the price by the anticipated lease extension will cost if it has not already been discounted. If the existing owner has owned the premises for at least 2 years you may ask them to start the process of the extension and pass it to you. You can add 90 years to the existing lease and have £0 ground rent by law. You should speak to your conveyancing solicitor about this matter.
I'm converting the mortgage on my current property to a buy to let loan with Bank of Scotland and I will use the rest of the raised equity as a deposit on a second property. The area we are looking at is Clitheroe. Will your conveyancers be able to act for both sets of mortgage companies and tie in the transactions?
Make use of our comparison tool on this site to check that the conveyancers are on the appropriate lender panels. Assuming that they are the conveyancer should be able to simultaneously deal with the two conveyancing matters but you should talk with you lawyer and make apparent your expectations and requirements.
We're first time buyers - agreed a price, but the agent told us that the seller will only proceed if we instruct their recommended solicitors as they want an ‘expedited deal’. My instinct tells me that we should use a family solicitor accustomed to conveyancing in Clitheroe
We suspect that the owner is not behind this demand. Should the owner desire ‘a quick sale', alienating a motivated buyer is is going to put the whole deal at risk. Bypass the agents and go straight to the owners and make sure they comprehend that (a)you are serious purchasers (b)you are ready to go, with finances arranged © you are unencumbered (d) you intend to proceed fast (e)but you will continue to appoint your preferred Clitheroe conveyancing solicitors - not the ones that will give their negotiator at the agency a referral fee or achieve conveyancing thresholds set by senior management.
My husband and I are acquiring a studio flat in Clitheroe. When we first instructed solicitor, we were told they were on all mainstream mortgage company panels. The financial adviser contacted us yesterday to say that they are not on the Lloyds approved list. If it turns out to be true, what should we do? Should we just pick a different solicitor that is on their approved list or do we cover the costs for dual representation, with Lloyds appointing their own preferred property lawyer.
If you are purchasing a property with the assistance of a mortgage it is normal for the purchaser’s solicitors to also represent the mortgage company. In order to act for a bank or building society a conveyancing practitioner has to be on that lender's list of approved lawyers. An application has to be made by the lawyer to the lender to become a member of the lender's panel and there are increasingly strict criteria which the conveyancer has to meet. Some mortgage companies now insist their panel members to be part of the Law Society’s Conveyancing Quality Scheme. Your conveyancing practitioner should contact Lloyds to discover if they can apply for membership of their conveyancing panel, but if that is not viable they will instruct their own lawyers to represent them. You don't have to instruct a firm on Lloyds's conveyancing panel as you are at liberty to use your preferred Clitheroe lawyers, in which case it will likely add costs, and it may delay matters as you have another set of people involved.