Completed the sale of my flat in Morden Park last October but the buyer keeps texting me to say her solicitor needs to hear from mine. What should have happened following completion?
Post completion of your house sale your conveyancer is duty bound to forward the transfer documentation and all additional paperwork to the buyer’s conveyancer. Depending on the transaction, your conveyancer must also send confirmation that the legal charge in favour of the lender has been discharged to the purchasers conveyancers. There is unlikely to be post completion requirements peculiar conveyancing in Morden Park.
My stepmother advised me that in buying a property in Morden Park there could be a number of restrictions affecting the ability to carry out external changes to the property. Is this right?
There are a number of properties in Morden Park which have some sort of restriction or requirement of consent to external changes. Part of the conveyancing in Morden Park should determine what restrictions are applicable and advising you as part of a ROT that should be sent to you.
Are all Morden Park Conveyancing Quality Solicitors on the Nottingham conveyancing list of approved solicitors?
A selection of lenders now make use of CQS as the kick off point for Panel approval such as HSBC and Santander. CQS accreditation however is no guarantee to lender panel acceptance. Nevertheless,the CML have indicated that it is likely to become a pre-requisite for solicitor practices wishing to join their approved list of conveyancing solicitors.
Is it the case that all Morden Park solicitors on the Co-operative conveyancing panel are regulated by the SRA?
As solicitors, in order to be on the Co-operative conveyancing panel they would need to be overseen by the Solicitors Regulatory Authority. Many lenders do allow licenced conveyancers on their panel in which case such organisation would be overseen by the Council of Licensed Conveyancers.
I am downsizing from our property in Morden Park and the buyers lawyers are claiming that there is a risk of it being built on contaminated land. Any high street Morden Park lawyer would know this is not the case. It does beg the question why the purchasers instructed an online conveyancing firm rather than a conveyancing solicitor in Morden Park. Having lived in Morden Park for many years we know that this is a non issue. Should we contact our local Authority to obtain confirmation that there is no issue.
It sounds as though you may have a conveyancing lawyer currently acting for you. What do they say? You need to check with your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out health insurance to cover that same ailment)
I am buying a new build house in Morden Park benefiting from help to buy. The developers refused to reduce the price so I negotiated £7000 of additionals instead. The sale representative told me not to tell my lawyer about the extras as it will affect my mortgage with Godiva Mortgages Ltd. Do I keep my lawyer in the dark?.
All lenders require a Disclosure of Incentives Form from the developer 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.
Due to the advice of my in-laws I had a survey completed on a house in Morden Park before retaining solicitors. I have been advised that there is a flying freehold overhang to the property. Our surveyor advised that some lenders may refuse to issue a mortgage on this type of premises.
It depends who your proposed lender is. Santander has different instructions for example to Halifax. Should you wish to telephone us we can investigate further via the relevant mortgage company. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Morden Park. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Morden Park to see if the conveyancing costs will increase in light of this.
We are 14 days into a leasehold purchase having been directed to a firm by the local agent to perform conveyancing in Morden Park. I am am starting to be dissatisfied with the quality of service. Can you help me find new lawyers?
A solicitor would need to be very poor to suggest diss instructing them. Has your mortgage been generated? In the event that it has you must advise them of the new solicitor and get the mortgage documents are issued to the new lawyers. Your new solicitor ideally should be on the lenders panel to avoid supplemental fees and frustration. So that should be your starting point. Our search tool will help you find a bank approved lawyer for your home move in Morden Park