Completed the sale of my flat in Page Green last August but our buyer keeps texting daily to moan that his solicitor is waiting to hear from myconveyancer. What are the post completion sale legalities now that I have sold?
Post completion of your house sale your solicitor is duty bound to deliver the transfer documentation and all of the paperwork to the purchaser's conveyancer. Depending on the transaction, your solicitor should also confirm that the legal charge in favour of the lender has been paid off to the purchasers solicitors. There are no post completion formalities just for conveyancing in Page Green.
I had a mortgage agreed in principle with TSB. Page Green conveyancing lawyers are chosen. How long does it take for TSB to issue the offer to the conveyancer?
Some lenders take longer than others. Have TSB conducted the valuation? Have you advised TSB as to your lawyers' details and checked that your lawyers are on the TSB conveyancing panel? It is not unusual for a mortgage offer to take a month to come through.
I am expecting a DIP from Coventry BS this week so we know how much we could potentially offer as otherwise we are dependent on web based calculators (which aren't taking into account credit checks etc). Do Coventry BS recommend any Page Green solicitors on the Coventry BS conveyancing panel, or is it better to go independently?
You will need to appoint Page Green solicitors independently although you'll need to choose one on the Coventry BS conveyancing panel. The solicitor represents both you and Coventry BS through the process.
After much negotiation I have agreed a price on an apartment in Page Green. My financial adviser recommended their conveyancers. I paid an upfront payment of £200. A couple of days later, the conveyancer contacted me embarrassingly acknowledging that they were not on the Co-operative conveyancing panel. Am I right in thinking that I should be due a refund?
You should be able to recover this from the law firm if they were not on the Co-operative panel. They should have asked at the outset which lender you were obtaining a mortgage with. An important lesson to readers of this site is to check that the lawyers are on the appropriate lender panel.
A relative suggested that if I am purchasing in Page Green I should ask my conveyancer to execute a Neighbourhood, Planning and Local Amenity Search. What does it cover?
A search of this type is occasionally included in the estimate for your Page Green conveyancing searches. It is a large report of about 40 pages, listing and detailing significant information about Page Green around the property and the people living there. It incorporates an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the local Housing Market, Council Tax Banding, the type of People living in the area, the dominant type of Housing, the Average Property Price, Crime statistics, Page Green Education with maps and statistics, Local Amenities and other useful information regarding Page Green.
Me and my brother own a 4 bedroom Georgian house in Page Green. Conveyancing lawyer represented me and Chelsea Building Society. I did a free Land Registry search last week and there are a couple of entries: one for freehold, the second leasehold under the exact same address. I'd like to know for sure, how can I find out??
You need to read the Freehold register you have again and check the Charges Register for mention of a lease. The best way to be sure that you are also the registered owner of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Page Green and other locations in the country and poses no real issues for owners other than when they buy they have to account for both freehold and leasehold interests when dealing with lenders. You can also question the position with your conveyancing practitioner who carried out the work.
I'm purchasing my first flat in Page Green with a mortgage from Nottingham Building Society. The developers refused to move on the amount so I negotiated £7000 of extras instead. The property agent told me not inform my conveyancer about the extras as it will impact my mortgage with Nottingham Building Society. 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.
Should I instruct a Page Green conveyancing solicitor who is local to the property I am purchasing? We have a good friend who can perform the conveyancing however his firm is located approximately 350miles drive away.
The benefit of a high street Page Green conveyancing practice is that you can visit the firm to execute documents, present your ID and pester them where appropriate. They will also have local insight which is a bonus. However nothing is more important than finding someone that will pull out all the stops for you. If if people you trust used your friend and they were happy that must trump using an unknown Page Green conveyancing lawyer solely due to them being local.