Having sold my house in East Preston last March yet the purchaser is calling daily complaining that their solicitor is waiting to hear from mine. What should my lawyer have done following completion?
Following your house sale your lawyer is duty bound to forward the transfer documentation and all additional paperwork to the buyer’s conveyancer. If applicable, your lawyer must also confirm that the legal charge in favour of the lender has been paid off to the purchasers conveyancers. There are no post completion steps peculiar conveyancing in East Preston.
There are numerous conveyancing solicitors in East Preston but how do I know who I should use?
It would be unwise to be tempted by the lowest East Preston conveyancing quote. You really do get what you pay for when it comes to conveyancing solicitors. A cheap quote may mean that the conveyancing solicitor is handling a lot of jobs at one time and you won’t get the quality of service and the attention that you need. It is, however, wise to use a conveyancer who has a fixed fee on a no sale, no fee basis. This way, you go into the conveyancing with your eyes wide open.
I am buying a terrace house in East Preston. Our aim is to carry out a loft conversion at the property.Will the conveyancing process include checks to see if these works were previously refused?
Your property lawyer should review the registered title as conveyancing in East Preston will occasionally identify restrictions in the title deeds which prevent certain works or necessitated the permission of another owner. Many additions call for local authority planning permissions and approval under the building regulations. Some areas are designated conservation areas and special planning restrictions apply which often prevent or impact extensions. It would be wise to check these issues with a surveyor prior to committing yourself to a purchase.
I was told four weeks ago that my mortgage has been agreed to by Kent Reliance. Is it usual for Kent Reliance to only issue the offer once my solicitor in East Preston is approved on their conveyancing panel? Kent Reliance have asked my solicitor to see a copy of their Professional Indemnity Insurance Schedule.
Mortgage companies tend not to not issue a mortgage until they have details of a lawyer on their panel. It can take a few weeks for Kent Reliance to deal with your lawyer's application to be on the Kent Reliance conveyancing panel. There's no guarantee that your solicitor will be accepted.
I have a 4 bedroom Edwardian property in East Preston. Conveyancing practitioner represented me and Virgin Money. I did a free Land Registry search last week and I saw two entries: the first freehold, the second leasehold under the exact same address. I'd like to know for sure, how can I find out??
You should assess the Freehold register you have again and check the Charges Register for mention of a lease. The best way to be sure that you are also the registered owner of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in East Preston and other areas of the country and poses no real issues for owners other than when they remortgage they have to account for both freehold and leasehold interests when dealing with lenders. You can also question the position with your conveyancing solicitor who conducted the purchase.
I'm buying my first flat in East Preston with a mortgage from Aldermore. The builders would not move on the amount so I negotiated 6k of extras instead. The property agent advised me not inform my conveyancer about the extras as it would adversely affect my loan with the bank. Should I keep quiet?.
All lenders require a Disclosure of Incentives Form from the developer of any new build, converted or renovated property, It is available online from the Lenders’ Handbook page on the CML website. CML form is completed and handed to the lender's surveyor when the inspection is done.
Lenders have different policies on incentives. Some accept none at all, cash or physical, while others will accept cash incentives up to 5%.
Hard to understand why the representative of a builder would be suggesting you withold information from a solicitor when all this will be clearly visible on forms the builder has to supply to its solicitor, the buyer's solicitor and the surveyor.
Due to the guidance of my in-laws I had a survey completed on a property in East Preston in advance of instructing conveyancers. I have been informed that there is a flying freehold overhang to the property. The surveyor has said that some mortgage companies may not give a loan on such a property.
It varies from the lender to lender. Santander has different requirements for example to Birmingham Midshires. If you call us we can check via the relevant bank. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in East Preston. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in East Preston to see if the conveyancing costs will increase in light of this.
How easy is it to use the search facility to choose a conveyancing solicitor in East Preston on the approved list for my bank?
Step one is to pick a mortgage company such as HSBC Bank, Chelsea Building Society or Clydesdale then type in your preferred area such as East Preston. Conveyancing organisations in East Preston and further afield should be shown.