I was advised recently by my IFA that my Fairwater solicitor is not on the lender Solicitor panel. How can I be certain whether this is indeed the case?
The sensible course of action for you to take is to contact your Fairwater conveyancer. It is reasonable to expect your lawyer to advise you what has happened. If they are not on the panel they could put your in touch with solicitors on the conveyancing panel for your mortgage company.
I am purchasing a property without a mortgage in Fairwater. I have been residing for the last 15 years in Fairwater. Conveyancing searches are exorbitant. As I know the road and vicinity very well should I not bother getting the solicitor to do all the conveyancing searches?
If you not getting a mortgage, then the vast majority of the Fairwater conveyancing searches are optional. Your solicitor will try and steer you, perhaps strongly, that you should have searches carried out, but she is duty bound to take that path of encouragement . Do take into account; if you are likely to sell the house at a future date, it will likely be be of relevance to your future buyer what the searches disclose. On occasion properties with no practical issues can still reveal negative search results. A competent conveyancing solicitor in Fairwater will be able to give you some practical advice in this regard.
Completed the sale of my flat in Fairwater last December yet the purchaser is e-mailing every few hours to say their solicitor is waiting to hear from mysolicitor. What are the post completion sale formalities now that I have sold?
Following your house sale your lawyer should send the transfer documentation and all additional paperwork to the purchaser's conveyancer. If applicable, your lawyer should also evidence that the home loan has been paid off to the buyers lawyers. There are no post completion formalities specific conveyancing in Fairwater.
I got the keys to my flat on 13 February and my personal details is yet to be on the land registry website. Any reason for this? My conveyancing solicitor in Fairwater advises it should be dealt with inside ten days. Are properties in Fairwater uniquely lengthy to register?
There is nothing unique about conveyancing in Fairwater registration formalities. Rather than based on location, timescales can differ according to who lodges the application, whether there are errors and whether the Land registry must send notices to any interested parties. As of today roughly three quarters of submission are completed within 12 days but occasionally there can be longer delays. Historically registration occurs after the buyer has moved in to the premises thus post completion formalities is not typically an essential issue yet where there is a degree of urgency associated with the registration then you or your lawyers can communicate with the Registry to express the reasoning for an expedited registration.
I am buying a new build flat in Fairwater. Conveyancing is daunting 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 legal work.
Here is a sample of a few leasehold new build enquiries that you can expect your new-build leasehold conveyancing in Fairwater
Forfeiture - bankruptcy or liquidation must not apply under this provision. The Vendor must covenant to keep unoccupied units in good repair until long leases are granted therefore. Where there is an Undertaking being granted there is the risk of forfeiture of the Headlease subject to relief if one or more of the Underlessees are willing to accept the original Head Lessee’s obligations as otherwise relief will be denied to the Underlessees. The only alternatives are the Head Lessor agreeing not to forfeit the Headlease or the Head Lessee guaranteeing to the Underlessees that it will not be in breach of the Headlease. Please supply a car parking plan.
What does commercial conveyancing in Fairwater cover?
Fairwater conveyancing for business premises covers a broad range of guidance, supplied by regulated solicitors, relating to business property. By way of example, this type of conveyancing can cover the sale or purchase of freehold business premises or, more usually, the assignment of existing business tenancies or the drafting of new leasing arrangements. Commercial conveyancing solicitors can also offer advice on the sale of business assets, commercial loans and the termination of tenancies.