Having sold my house in Ferring last July yet the purchaser is Skype messaging me complaining that her lawyer is waiting to hear from mysolicitor. What are the post completion sale legalities now that I have sold?
Following your disposal your conveyancer is duty bound to forward the transfer deeds and all of the paperwork to the purchaser's solicitors. Depending on the transaction, your solicitor should also evidence that the mortgage has been paid off to the buyers lawyers. There is unlikely to be post completion procedures unique to conveyancing in Ferring.
I had intended to instruct a conveyancing solicitor in Ferring for our house purchase. Our broker has since advised us that our mortgage company HSBC Bank won't deal with them. Why is this not regarded as unfair competition?
Lenders in the main imposes restrictions either the category or the volume of conveyancing firms on their panel. Typical examples of such criteria being that a firm must have two or more partners. As well as restricting the profile of firm, some have decided to limit the number of solicitor practices they permit to represent them. You should note that HSBC Bank have no responsibility for the quality of advice provided by any member of HSBC Bank Conveyancer Panel. Mortgage fraud was a key driver in the reduction of solicitor panels since 2008 even though there are differing opinions about the extent of solicitor involvement in some of that fraud. Figures from the Land Registry reveal that plenty of law firms, including some in or near Ferring only execute one or two conveyances a year.
I purchased a 4 bedroom Georgian house in Ferring. Conveyancing practitioner represented me and Bank of Ireland. I did a free Land Registry search last week and there are a couple of entries: one for freehold, the second leasehold under the matching property. I thought I was buying a freehold how can I check?
You need to review the Freehold register you have again and check the Charges Register as there may be mention of a lease. The best way to be sure that you are also the registered proprietor of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Ferring and other areas of the country and poses no real issues for owners other than when they mortgage they have to account for both freehold and leasehold interests when dealing with buyers. You can also question the position with the conveyancing solicitor who completed the work.
I'm buying a new build house in Ferring with the aid of help to buy. The builders would not reduce the price so I negotiated 6k of additionals instead. The property agent advised me not disclose to my conveyancer about the extras as it may impact my loan with the bank. Is this normal?.
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.
As co-executor for the estate of my grandfather I am disposing of a house in Swansea but live in Ferring. My solicitor (approximately 260 miles awayneeds me to execute a stat dec before the transaction finalising. Can you recommend a conveyancing solicitor in Ferring to witness this legal document for me?
Technically speaking you should not be required to have the documents attested by a conveyancing solicitor. Ordinarily or notary public or solicitor will suffice regardless of whether they are Ferring based
If instructed can a conveyancer remove a name from the title of my property in Ferring ?
Extracting or adding someone to the title of your property is relatively straightforward. You’ll need to appoint a conveyancing practitioner to discuss your legal rights before you can proceed with a transfer of property. Contact us to book a free consultation with one a lawyer