Having sold my house in Colliers Wood last July yet the purchaser is Skype messaging me to say his lawyer is waiting to hear from myconveyancer. What should have happened following completion?
Following your house sale your conveyancer is committed to send the transfer deeds and all supplemental paperwork to the buyer’s conveyancer. If applicable, your lawyer should also evidence that the mortgage has been redeemed to the buyers solicitors. There is unlikely to be post completion steps specific conveyancing in Colliers Wood.
Forgive me if this question is silly but I am wet behind the ears as a 1st time purchaser of a garden flat in Colliers Wood. Do I pick up the keys to the house on completion from my lawyer? If so, I will find a High Street conveyancing solicitor in Colliers Wood?
On the day of completion you will not be required to attend the conveyancers office in Colliers Wood. Your solicitors will arrange to send the purchase money to the seller's lawyers, and once they have received this, you should be called to receive the keys from the Estate Agents and start moving into the property. This tends to happen early afternoon.
We are getting a further advance on our home loan from TSB as we want to conduct alterations to our property in Colliers Wood. Are we obliged to choose a bricks and mortar Colliers Wood solicitor on the TSB conveyancing panel to deal with the paperwork?
TSB don't usually instruct firms on their approved list of lawyers to handle the formalities. If they do require any legal work then you would need to ensure that such a lawyer was on the TSB list.
We expect to receive a DIP from UBS 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 UBS recommend any Colliers Wood solicitors on the UBS conveyancing panel, or is it better to find our own lawyer?
You will need to appoint Colliers Wood solicitors independently although you'll need to choose one on the UBS conveyancing panel. The solicitor represents both you and UBS through the process.
It has been 2 months since my purchase conveyancing in Colliers Wood took place. I have checked the Land Registry site which shows that I paid £175,000 when infact I paid £170,000. Why the discrepancy?
The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the premises from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.
Due to the guidance of my in-laws I had a survey completed on a house in Colliers Wood in advance of instructing lawyers. I have been advised that there is a flying freehold element to the house. Our surveyor has said that some banks may not grant a mortgage on this type of home.
It varies from the lender to lender. Bank of Scotland has different requirements for example to Halifax. Should you wish to telephone us we can investigate further via the appropriate bank. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Colliers Wood. Conveyancing may be slightly more expensive based on your lender's requirements.
What does commercial conveyancing in Colliers Wood cover?
Commercial conveyancing in Colliers Wood covers a broad array of advice, provided by regulated solicitors, relating to business property. For example, this type of conveyancing can cover the sale or purchase of freehold business premises or, more commonly, the transfer of existing business tenancies or the drafting of new leasing arrangements. Commercial conveyancing solicitors can also offer advice on the sale of business assets, commercial loans and the termination of leases.
I today discovered that one of the directors of the law firm undertaking the purchase conveyancing in Colliers Wood is a relative of the owners that we are buying from. Is this acceptable?
As long as there is no conflict of interest this is permitted. If you are obtaining a home loan then the mortgage company may have a say as many mortgage companies have specific instructions concerning this. For example for RBS - Direct Line One as of 29/9/2024, the requirements read as follows :