Having sold my house in Poundbury last August but the buyer keeps calling every few hours to moan that his lawyer needs to hear from mine. What are the post completion sale formalities now that I have sold?
Post completion of your house sale your solicitor is committed to send the transfer deeds and all of the paperwork to the buyer’s lawyers. Depending on the transaction, your lawyer should also evidence that the home loan has been paid off to the buyers solicitors. There is unlikely to be post completion tasks peculiar conveyancing in Poundbury.
I am purchasing a house and require a conveyancing solicitor in Poundbury who is on the HSBC Bank conveyancing. Can you recommend a local conveyancing firm?
Our service is limited to being a directory service for firms who wish to listed as being on the approved conveyancing panel for HSBC Bank in certain locations such as Poundbury. We dont recommend any particular firm.
I have been advised by my conveyancer that chancel insurance is required on my purchase. What is the typical level of cover needed for conveyancing in Poundbury?
The right level of chancel indemnity insurance should be dictated by who who your lender is. It would differ for example between Accord Mortgages Ltd and Leeds Building Society. Conveyancing solicitors as opposed to members of the public take out such insurances.
Is it correct that all Poundbury CQS (Conveyancing Quality Scheme) solicitors are on the Nottingham conveyancing panel?
It is true that some banks and building societies now utilise CQS as the kick off point for Panel approval such as HSBC and Santander. CQS accreditation however is no guarantee to lender panel acceptance. That being said,the Council of Mortgage Lenders have indicated that it is likely to become a pre-requisite for firms wishing to remain on their panels.
I recently had an offer agreed on an apartment in Poundbury. My financial adviser pressured me to appoint their lawyer. I paid an on account payment of £175. A few days later, the property lawyer contacted me embarrassingly acknowledging that they were not on the Aldermore 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 Aldermore 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.
Are there restrictive covenants that are commonly identified as part of conveyancing in Poundbury?
Restrictive covenants can be picked up when reviewing land registry title as part of the process of conveyancing in Poundbury. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’
I need to retain a conveyancing solicitor for freehold conveyancing in Poundbury. I've chance upon a web site which appears to be the perfect offering If it is possible to get all formalities done via phone that would be preferable. Do I need to be wary? What should out be looking out for?
As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?
I am contemplating choosing an online conveyancer as opposed to a Poundbury conveyancing practice. Any advice?
Advantages do exist in being able to pop in to a local Poundbury conveyancing solicitor for instance
- signing documents on short notice
- having face-to-face explanations of matters you don't understand
- the ability to complain if things need to addressed
When comparing quotes, look carefully for hidden extras. Most decent Poundbury high street solicitors give an all-inclusive figure. Many online agents appear to offer cheap fees, but have burried 'extras' in the in the terms and conditions.