Having sold my house in Epping last February but my buyer keeps whats apping me to moan that her conveyancer needs to hear from mine. What should my lawyer have done following completion?
Following your disposal your conveyancer should deliver the transfer deeds and all additional paperwork to the buyer’s solicitors. If applicable, your lawyer should also confirm that the home loan has been paid off to the buyers lawyers. There are no post completion steps peculiar conveyancing in Epping.
I am told that my conveyancing solicitors will need to check that the building insurance when buying a house in Epping. My lender is Virgin
Virgin have specific requirements as set out in the UK Finance Lenders’ Handbook. As of 4/12/2023, the requirements read as follows :
I am currently in the process of buying my council flat in Epping. I have a mortgage agreed with Barclays. 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 Barclays, you will need to appoint a solicitor on the Barclays conveyancing panel.
I can not work out if my mortgage offer obliges me to make sure the lease term for the flat is extended prior to the completion date. I have called into my local Epping building society branch on numerous occasions and was told it does not impact the mortgage offer and they would lend. My Epping conveyancing solicitor - who is on the lender conveyancing panel- telephoned to say that they refuse to lend in accordance with their published requirements. I simply don't know who is right.
Your lawyer must comply with the CML Handbook Part 2 specifications for your bank. Unless your lawyer obtains specific confirmation in writing that the mortgage company will go ahead, your lawyer has no choice but to refrain from exchanging contract and committing you to the purchase. We would suggest that you ask the lender to contact your lawyer in writing confirming that they will accept the number of years left on the lease.
I am selling my house. I had a double glazing fitted in December 2007, but did not receive a FENSA certificate or Building Regulation Certificate. My buyer's lender, Lloyds are being difficult. The Epping solicitor who is on the Lloyds conveyancing panel is saying indemnity insurance will be fine but Lloyds are insisting on a building regulation certificate. Why do Lloyds have a conveyancing panel if they don't accept advice from them?
It is probably the case that Lloyds have referred the matter to their valuer. The reason why Lloyds may not want to accept indemnity insurance is because it does not give them any reassurance that the double glazing was correctly and safely installed. The indemnity insurance merely protects against enforcement action which is very unlikely anyway.
The deeds to my home can not be found. The lawyers who did the conveyancing in Epping 4 years ago have long since closed. What are my next steps?
As long as you have a registered title the details of your proprietorship will be documented by the Land Registry under a Title Number. It is possible to carry out a search at the Land Registry, locate your house and secure current copies of the property title for less than a fiver. If the title is Leasehold then the Land Registry will also normally hold a file copy of the Registered Lease and again, a copy can be retrieved for twenty pounds.
The estate agent has sent us the confirmation of our purchase of a new build apartment in Epping. Conveyancing is necessary evil at the best of times but I have never purchased a new build flat before. What sort of enquires would be asked in new build conveyancing.
Here is a sample of a selection of leasehold new build enquiries that you may expect your new-build leasehold conveyancing in Epping
Forfeiture - bankruptcy or liquidation must not apply under this provision. Please confirm the Lease plans are surveyor prepared. Please supply evidence that the form of Lease proposed has been approved by the Land Registry. Where service of notices and proceedings can be at the property demised please confirm that this can be amended to include simultaneous services at the Lessees’ solicitors’ offices where the Lessee from time to time is not resident in the UK - such solicitors may be varied by notice in writing to the Landlord from time to time but otherwise will be as previously specified. Please supply a car parking plan.
In searching the world wide web for the term cheap conveyancing in Epping it brings up numerous conveyancersin the vicinity. How do I determine which is the right conveyancer for the sale of my house?
The preferential method of seeking a suitable conveyancer is via personal recommendation, so ask colleagues and relatives who have purchased a property in Epping or the respected estate agent or mortgage broker. Costs for conveyancing in Epping vary, so it's advisable to secure a minimum of four estimates from different companies. Dont forget to clarify that the costs are guaranteed not to escalate.