Completed the sale of my flat in Eaglescliffe last July but my buyer keeps SMS messaging every few hours complaining that his conveyancer is waiting to hear from myconveyancer. What are the post completion sale formalities now that I have sold?
After completion of your house sale your lawyer should deliver the transfer documentation and all supplemental paperwork to the buyer’s solicitors. If applicable, your solicitor must also evidence that the legal charge in favour of the lender has been repaid to the purchasers solicitors. There are no post completion procedures peculiar conveyancing in Eaglescliffe.
We're in Eaglescliffe, First time buyers buying with a mortgage (lender is Clydesdale , and our solicitor is on the Clydesdale conveyancing panel). How long should the conveyancing process take?
The fact that your lawyer is on the Clydesdale conveyancing panel is a help. It would almost certainly delay matters if they were not. However, no conveyancer should guarantee a timeframe for your conveyancing, due to third parties outside of your control such as delays caused by lenders,conveyancing search providers or by the other side’s solicitors. The time taken is often determined by the number of parties in a chain.
I have todaydiscovered that Wolstenholmes have closed. They conducted my conveyancing in Eaglescliffe for a purchase of a freehold house 9 months ago. How can I establish that the property is in my name in the name of the previous owner?
The quickest method to see if the property is registered to you, you can make a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Eaglescliffe conveyancing specialists.
How does conveyancing in Eaglescliffe differ for new build properties?
Most buyers of new build or newly converted property in Eaglescliffe come to us having been asked by the seller to sign contracts and commit to the purchase even before the house is constructed. This is because developers in Eaglescliffe tend to acquire the site, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct property lawyers as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are used to new build conveyancing in Eaglescliffe or who has acted in the same development.
I am looking for a leasehold apartment up to £245,000 and found one close by in Eaglescliffe I like with a park and transport links nearby, the downside is that it only has 52 years on the lease. I can't really find anything else in Eaglescliffe in this price bracket, so just wondered if I would be making a mistake purchasing a lease with such few years left?
Should you need a mortgage the remaining unexpired lease term will likely be problematic. Discount the price by the anticipated lease extension will cost if it has not already been discounted. If the current proprietor has owned the property for a minimum of 2 years you could request that they 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 lawyer about this matter.
My husband and I are FTB’s - agreed a price, yet the property agent has warned us that the owners will only issue a contract if we use their recommended conveyancers as they need an ‘expedited deal’. Our preferred option is to instruct a family conveyancer accustomed to conveyancing in Eaglescliffe
We suspect that the seller is unaware of this requirement. If they require ‘a quick sale', turning down a serious purchaser is is going to put the whole deal at risk. Speak to the owners direct and make sure they understand (a)you are genuine purchasers (b)you are excited to move forward, with finances arranged © you are unencumbered (d) you intend to proceed fast (e)but you will continue to instruct your preferred Eaglescliffe conveyancing solicitors - as opposed tothose that will give their negotiator at the agency a commission or hit his conveyancing thresholds pre-set by corporate headquarters.