Would the conveyancing lawyers identified via your search tool conduct auction conveyancing in Otford?
We know of a few auction solicitors we can connect you with those specialising in auction conveyancing. Otford is one of the many locations where our lawyers cover.
Having sold my house in Otford last September yet the purchaser is texting me to say their lawyer needs to hear from mine. What should have happened following completion?
After completion of your house sale your solicitor should forward the transfer documentation and all supplemental paperwork to the buyer’s lawyers. Depending on the transaction, your lawyer should also send confirmation that the mortgage has been discharged to the purchasers lawyers. There is unlikely to be post completion requirements peculiar conveyancing in Otford.
I am buying a new build house in Otford with a loan from The Royal Bank of Scotland. The sellers would not move on the amount so I negotiated 6k of fixtures and fittings instead. The property agent advised me not to tell my lawyer about the side-deal as it will adversely affect my mortgage with the lender. 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'm converting the mortgage on my existing home to a buy to let mortgage with Barclays Direct and intend to use the remaining equity as a down payment on further house. The neighborhood we are interested in is Otford. Will your lawyers be able to act for the two mortgage companies and tie in the conveyances?
Make use of our search tool on this page to check that the lawyers are on the relevant lender panels. Assuming that they are the conveyancer will be able to tie up the two transactions but you should talk with you lawyer and make apparent your expectations and needs.
In my capacity as executor for the estate of my grandfather I am selling a property in Neath but reside in Otford. My solicitor (based 300 miles from meneeds me to sign a stat dec prior to the transaction finalising. Can you recommend a conveyancing solicitor in Otford to attest and place their company stamp on the document?
strictly speaking you should not be required to have the documents attested by a conveyancing solicitor. Normally any notary public or qualified solicitor will be fine regardless of whether they are based in Otford
Can you provide any top tips for leasehold conveyancing in Otford from the point of view of speeding up the sale process?
- A significant proportion of the delay in leasehold conveyancing in Otford can be reduced where you get in touch lawyers as soon as you market your property and ask them to collate the leasehold information needed by the buyers’ representatives. You may think that you are aware of the number of years left on your lease but it would be wise to double-check by asking your lawyers. A purchaser's lawyer will be unlikely to recommend their client to where the remaining number of years is below 75 years. In the circumstances it is essential at an as soon as possible that you consider whether the lease term for your property needs extending. If it does, contact your solicitors before you put your property on the market for sale. If you have the benefit of shareholding in the freehold, you should make sure that you have the original share certificate. Organising a new share certificate is often a time consuming process and frustrates many a Otford conveyancing transaction. If a duplicate share certificate is necessary, you should approach the company director and secretary or managing agents (where relevant) for this as soon as possible. If there is a history of any disputes with your freeholder or managing agents it is essential that these are settled before the property is put on the market. The buyers and their solicitors will be reluctant to purchase a property where there is an ongoing dispute. You may have to bite the bullet and pay any arrears of service charge or resolve the dispute prior to completion of the sale. It is therefore preferable to have any dispute settled prior to the contract papers being issued to the buyers’ solicitors. You will still have to reveal particulars of the dispute to the purchasers, but it is clearly preferable to reveal the dispute as historic as opposed to unsettled.
Leasehold Conveyancing in Otford - Examples of Queries Prior to buying
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Generally speaking the outlay for major works are not included within service charges, albeit that some managing agents in Otford require leaseholders to contribute towards a reserve fund and this is used to offset against major repairs or maintenance. Can you inform me if there are any major works on the horizon that will increase the service fees?