Having sold my house in Soho last April but our buyer keeps whats apping daily complaining that their conveyancer is waiting to hear from mine. What are the post completion sale formalities following completion?
After completion of your disposal your lawyer should send the transfer deeds and all supplemental paperwork to the buyer’s lawyers. Depending on the transaction, your lawyer should also confirm that the home loan has been redeemed to the purchasers lawyers. There are no post completion formalities unique to conveyancing in Soho.
Do I have to attend the offices of the solicitor to execute the mortgage deed? If so, I will choose one who does conveyancing in Soho so that I can pop in to their offices if required.
As opposed to 12 years ago, most banks no longer need their conveyancing panel solicitor to witness the borrowers signature. It will still be necessary for you to supply identification documents and there are still manifest advantages to choosing a locally based practitioner, in your situation a conveyancing solicitor in Soho.
I'm the only recipient of my late grandmother’s will and I have everything in my name now, including the house in Soho. Conveyancing formalities meant that the Land Registry date was in August. I now wish to sell up. I understand that there is a Mortgage Lenders six month 'rule', which means that my proprietorship will be regarded the same way as if I'd bought the house in August. Will no one buy the property for half a year?
The Council of Mortgage Lenders’ handbook instructs conveyancers to: "report to us immediately if the owner or registered proprietor has been registered for less than six months." Technically you might be caught by that. How sensible a view mortgage companies take of it, depend on the mortgage company as this provision is principally there to identify subsales or the wholesaling and assigning of properties.
Completion of my remortgage has taken place for my property in Soho. Conveyancing was satisfactory but I would like to complain about the lender. Who do I contact should I wish to lodge a complaint?
All lenders have complaints procedures. Your first point of contact should be one of the lender’s branches or the Customer Care Department at head office. In most cases complaints to a lender are sorted out effectively and efficiently. If you feel the matter is not resolved you can write to Financial Ombudsman Service, South Quay Plaza, 183 Marsh Wall, London E14 9SR who will take matters further.
After weeks of negotiation I have agreed a price on a house in Soho. My mortgage broker recommended their conveyancers. I paid an on account payment of £225. A couple of days later, the solicitor contacted me to say that they were not on the Kent Reliance 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 Kent Reliance 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.
Due to the advice of my in-laws I had a survey completed on a house in Soho in advance of appointing lawyers. I have been informed that there is a flying freehold aspect to the property. My surveyor advised that some banks tend refuse to issue a loan on this type of property.
It varies from the lender to lender. HSBC has different requirements for example to Halifax. If you e-mail us we can check via the relevant lender. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Soho. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Soho to see if the conveyancing costs will increase in light of this.
My company is looking to take over a lease of an office on the high street. Can you recommend solicitors offering competitive costs for non-domestic conveyancing in Soho for below £2000?
We can recommend firms who have well rounded knowledge of commercial conveyancing in Soho, including the sale and acquisition of businesses as well as simply premises. Whether you are looking to purchase or sell a shop, pub, restaurant, office, retail premises or a complete business we will find you the right solicitor. Regarding the costs this will depend on the structure and complexity of the proposed transaction. Please provide us with your contact information or telephone us so that we can provide you with a detailed commercial conveyancing calculation.
In my capacity as executor for the estate of my grandmother I am disposing of a property in Cardiff but I am based in Soho. My lawyer (based 200 miles awayneeds me to execute a stat dec prior to the transaction finalising. Could you suggest a conveyancing solicitor in Soho to attest and place their company stamp on the document?
strictly speaking you are not likely to need to have the documents attested by a conveyancing solicitor. Ordinarily any notary public or qualified solicitor will be fine regardless of whether they are based in Soho