Finally the sale completed on my house in Pratt's Bottom last August but my buyer keeps whats apping daily complaining that their lawyer needs to hear from mysolicitor. What are the post completion sale formalities now that I have sold?
Following your sale your solicitor should send the transfer documentation and all additional paperwork to the buyer’s conveyancer. If applicable, your lawyer must also evidence that the legal charge in favour of the lender has been paid off to the purchasers lawyers. There are no post completion requirements specific conveyancing in Pratt's Bottom.
We just had an offer accepted to buy with Norwich and Peterborough Building Society. I visited a few local solicitors but am unable to find a Pratt's Bottom conveyancing firm on the Norwich and Peterborough Building Society approved list. Could you assist?
Please do make use of the search tool on this web page. Pick the mortgage company and type Pratt's Bottom or your location and you will see numerous conveyancers located in Pratt's Bottom or by proximity to you.
My wife and I are buying a flat in Pratt's Bottom. It might be a silly question but how we can trust a conveyancer? On completion day we will need to deposit our life savings into their account. What is the protection we have from them run away with our deposit?
Be assured that all money in a Solicitors client account is 100% safe, and even if your Solicitor ran off with it, the Law Society would reimburse you fully.
We expect to receive a AIP from Skipton this week so we can work out what to offer on a property we like as otherwise we only have online calculators to go by (which aren't taking into account credit checks etc). Do Skipton recommend any Pratt's Bottom solicitors on the Skipton conveyancing panel, or is it better to go independently?
You will need to appoint Pratt's Bottom solicitors independently although you'll need to choose one on the Skipton conveyancing panel. The solicitor represents both you and Skipton through the process.
I currently have a mortgage with Nottingham for my property in Pratt's Bottom. Conveyancing was finalised some time ago. In the event that I decide to rent out my property and do not currently have a buy-to-let mortgage do I need to remortgage to a buy-to-let mortgage or inform Nottingham?
You must advise Nottingham before letting out your property as this is likely to be a breach of Nottingham’s mortgage conditions. It may be that Nottingham will permit you to let out your former home without needing to switch to a buy-to-let mortgage but some lenders will add a surcharge to your mortgage rate to reflect the higher risk. You should contact Nottingham directly. You need not do this via a Nottingham conveyancing panel lawyer.
What can a local search tell me regarding the house we're purchasing in Pratt's Bottom?
Pratt's Bottom conveyancing often commences with the submitting local authority searches directly from your local Authority or through a personal search organisations for example Searchflow The local search plays an important part in many a Pratt's Bottom conveyancing purchase; as long as you don’t want any nasty surprises after you move into your property. The search should supply data on, amongst other things, details on planning applications applicable to the property (whether granted or refused), building control history, any enforcement action, restrictions on permitted development, nearby road schemes, contaminated land and radon gas; in all a total of thirteen topic headings.
I'm purchasing my first flat in Pratt's Bottom benefiting from help to buy. The sellers would not budge the price so I negotiated 6k of extras instead. The house builders rep told me not reveal to my solicitor about this side-deal as it will impact my loan with Barnsley Building Society. Do I keep my lawyer in the dark?.
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.
Living abroad I am unable to be present at my Pratt's Bottom conveyancing solicitors office to execute documents connected to my conveyancing in Pratt's Bottom – is this a problem?
You need not be concerned. Pratt's Bottom conveyancing lawyers can handle home moves for clients across the country. It is not necessary for you to be able to visit a Pratt's Bottom conveyancers office. Almost all lawyer can deal with all communications via phone, post and email - whatever works for you.