Finally the sale completed on my house in Edmonton last January yet the purchaser is texting daily complaining that his solicitor is waiting to hear from mine. What should my lawyer have done now that I have sold?
Post completion of your house sale your lawyer should send the transfer deeds and all of the paperwork to the purchaser's solicitors. Where appropriate, your lawyer must also evidence that the home loan has been repaid to the buyers conveyancers. There are no post completion formalities specific conveyancing in Edmonton.
Can you clarify what the consequences are if my solicitor is expelled from the HSBC Solicitor panel ahead of completing my conveyancing in Edmonton?
The first thing to point out is that, this is a very rare occurrence. In most cases even where a law firm is removed off of a panel the lender would allow the completion to go ahead as the lender would appreciate the difficulties that they would place you in if you have to instruct a new solicitor days before completion. In a worst case scenario where the lender insists that you instruct a new firm then it is possible for a very good lawyer to expedite the conveyancing albeit that you may pay a significant premium for this. The analogous situation is where a buyer instructs a lawyer, exchanges contracts and the law firm is shut down by a regulator such as the SRA. Again, in this situation you can find lawyers who can troubleshoot their way to bring the conveyancing to a satisfactory conclusion - albeit at a cost.
Do I select a Licenced Conveyancer or Solicitor for conveyancing in Edmonton?
Two types of professional can execute conveyancing in Edmonton namely licenced conveyancers or solicitors. The two can provide the legal services that you need to complete the disposal or purchase of property. They are both required to perform Edmonton conveyancing to the same quality and guidelines so you may be safe in the knowledge that your conveyancing will be properly administered and that the necessary procedures will be appropriately adhered to.
My husband and I have arranged the release of further monies on our mortgage from Clydesdale as we wish to carry out alterations to our property in Edmonton. Are we obliged to select a local Edmonton solicitor on the Clydesdale conveyancing panel to handle the paperwork?
Clydesdale do not ordinarily appoint a member of their approved list of lawyers to deal with such a matter. If they do require any legal work then you would need to ensure that such a lawyer was on the Clydesdale panel.
I have decided to exercise my right to buy my property in Edmonton off the council. I have a mortgage agreed with Leeds Building Society. Conveyancing is new to me. Can I proceed without a solicitor easily? I think we can but we keep being told I should have one. Any advice?
It is not advisable to proceed with a house purchase without a solicitor. The council's solicitor are not acting for you. You need a solicitor for a number reasons. One of which is to verify what plans the Council have for repairs and refurbishment for the next five years. Many leaseholders have been stung for contributions of thousands of pounds. In any event, if you are getting a mortgage with Leeds Building Society, you will need to appoint a solicitor on the Leeds Building Society conveyancing panel.
Do I need to take out insurance to cover chancel repairs when acquiring a property in Edmonton?
Unless a prior purchase of the property completed after 12 October 2013 you may expect solicitors conducting conveyancing in Edmonton to continue to advocate a chancel search and or chancel repair liability policy.
I am looking for a ground for flat up to £195,000 and identified one near me in Edmonton I like with amenity areas and transport links nearby, the downside is that it only has 61 years unexpired on the lease. I can't really find anything else in Edmonton for this price, so just wondered if I would be making a grave error acquiring a short lease?
If you require a mortgage the remaining unexpired lease term may be a potential deal breaker. Discount the offer by the anticipated lease extension will cost if not already taken into account. If the existing owner has owned the premises for a minimum of twenty four months you could ask them to commence the lease extension formalities and pass it to you. You can add 90 years to the current lease with a zero ground rent applied. You should consult your conveyancing solicitor regarding this.
As a tenant I am on the hook for a service charge for my flat in Edmonton. As a result of poor financial planning I slipped behind with remittance. I negotiated a payment schedule but there is still in the region of £1750 left in arrears.
I now wish to dispose of the property and I am panicking this may jeopardize the sale if I have to discharge the arrears now. I'd like to sell up and subsequently pay them back with the proceeds - is this practicable?
Your solicitor will hopefully be able to negotiate with the appropriate parties, and agree with them whether or not they would accept settlement out of the completion monies. Here is indicative of why it is advisable to select a lawyer in Edmonton as they are likely to have an established relationship with the management company.