Am I correct in assuming that the fact that my solicitor in Rise Park is not identified on my mortgage company's solicitor panel that there is a problem with the standard of the firm’s conveyancing?
It would not be wise to jump to that conclusion. There are all sorts of perfectly reasonable explanations. Just recently a report by the solicitors regulator indicated that over three quarters of law firms surveyed had been removed from at least one lender panel. The most common reasons for removal are: (1) low volume of transactions (2) the solicitor is a sole practitioner (3) as part of the HSBC panel reduction (4) regulatory contact by SRA (5) accidental removal. Where you are concerned you should contact the Rise Park conveyancing firm and ask them why they are no longer on the approved list for your mortgage company.
Finally the sale completed on my house in Rise Park last May yet the purchaser is Skype messaging me to moan that their solicitor is waiting to hear from mine. What are the post completion sale formalities now that I have sold?
Following your disposal your conveyancer should send the transfer documentation and all of the paperwork to the buyer’s solicitors. Where relevant, your lawyer should also evidence that the legal charge in favour of the lender has been paid off to the purchasers solicitors. There are no post completion tasks unique to conveyancing in Rise Park.
Despite weeks of looking the Title Certificate and documents to my house can not be found. The conveyancers who did the conveyancing in Rise Park 4 years ago no longer exist. What do I do?
In today’s world there are duplicates made of almost everything, and your conveyancer will be aware precisely where to look for all the relevant documentation so you may purchase or sell your house without a hitch. If duplicates can’t be found, your solicitor can put in place insurance or indemnities against possible claims on your property.
I'm buying a new build house in Rise Park with the aid of help to buy. The builders would not move on the price so I negotiated £7000 of fixtures and fittings instead. The house builders rep advised me not reveal to my solicitor about this extras as it will affect my loan with the bank. Should I keep quiet?.
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.
I've recently found out that there is a flying freehold issue on a property I put an offer in last month in what should have been a straight forward, chain free conveyancing. Rise Park is the location of the property. What do you suggest?
Flying freeholds in Rise Park are not the norm but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Rise Park you would need to get your solicitor to go through the deeds thoroughly. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Rise Park may ascertain that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold residence.
As co-executor for the estate of my aunt I am selling a property in Cardiff but I am based in Rise Park. My conveyancer (based 250 miles awayhas requested that I execute a stat dec before completion. Could you suggest a conveyancing solicitor in Rise Park to attest and place their company stamp on the document?
Technically speaking you are not likely to be required to have the documents attested by a conveyancing solicitor. Normally any notary public or qualified solicitor will do regardless of whether they are based in Rise Park