Completed the sale of my flat in Enfield Highway last November yet the purchaser is texting every few hours to say his solicitor needs to hear from mine. What should my lawyer have done now that I have sold?
Following your house sale your solicitor should forward the transfer deeds and all supplemental paperwork to the purchaser's conveyancer. Where relevant, your conveyancer should also confirm that the home loan has been paid off to the buyers conveyancers. There are no post completion tasks specific conveyancing in Enfield Highway.
Will my conveyancing lawyers need to check that the building insurance when buying a house in Enfield Highway. My lender is Accord Mortgages
Accord Mortgages have specific requirements as set out in the UK Finance Lenders’ Handbook. As of 10/4/2024, the requirements read as follows :
I am buying a house and the solicitor has identified Chancel Repair for which the house could be obligated to pay because it falls into the area of such a church. She has recommended insurance. Is this really necessary for conveyancing in Enfield Highway
Unless a previous acquisition of the house took place post 12 October 2013 you could take it that solicitors delivering conveyancing in Enfield Highway to continue to recommend a chancel search and or insurance against a claim.
Have purchased a a semi-detached house in Enfield Highway , What is the estimated time for the Land Registry to deal with the formalities evidencing the transfer to my name? My Enfield Highway conveyancing solicitor has been very slow, so I want to be certain that my name is registered.
As far as conveyancing in Enfield Highway registration is no faster or slower than anywhere else in England and Wales. As opposed to being determined by geographic area, timescales can differ subject to the party submitting the application, whether there are errors and if the Land registry need to notify any 3rd persons or bodies. At present roughly 80% of submission are fully dealt with within 12 days but some can be subject to longer delays. Historically registration is effected once the new owner is living at the property therefore an expedited registration is not always primary concern yet where there is a degree of urgency associated with the registration then you or your conveyancer could contact the land registry and explain the circumstances.
I'm buying my first flat in Enfield Highway with the aid of help to buy. The sellers would not reduce the amount so I negotiated 6k of fixtures and fittings instead. The sale representative advised me not inform my lawyer about this deal as it would jeopardize my loan with the bank. Should I keep quiet?.
All lenders require a Disclosure of Incentives Form from the builder 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.
I've recently found out that there is a flying freehold issue on a property I put an offer in last month in what should have been a simple, no chain conveyancing. Enfield Highway is the location of the property. Can you offer any assistance?
Flying freeholds in Enfield Highway are unusual but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Enfield Highway you would need to get your solicitor to go through the deeds thoroughly. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Enfield Highway may determine that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold property.