Having sold my house in Southall last September yet the purchaser is e-mailing daily complaining that her conveyancer needs to hear from mysolicitor. What should my lawyer have done now that I have sold?
Following your sale your conveyancer is duty bound to send the transfer deeds and all additional paperwork to the buyer’s conveyancer. If applicable, your conveyancer must also confirm that the legal charge in favour of the lender has been discharged to the purchasers conveyancers. There are no post completion tasks unique to conveyancing in Southall.
We're in Southall, First timers purchasing with a mortgage (lender is Clydesdale , and our lawyer is on the Clydesdale conveyancing panel). How long should the conveyancing process take?
The fact that your lawyer is on the Clydesdale conveyancing panel is a help. It would almost certainly delay matters if they were not. However, no conveyancing practitioner should guarantee a timeframe for your conveyancing, due to third parties outside of your control such as delays caused by lenders,conveyancing search providers or by the other side’s solicitors. The time taken is often determined by the number of parties in a chain.
My aunt pointed out to me me that in buying a property in Southall there could be a number of restrictions affecting the ability to carry out external alterations to a property. Is this right?
We are aware of a number of properties in Southall which have some sort of restriction or requirement of consent to external changes. Part of the conveyancing in Southall should determine what restrictions are applicable and advising you as part of a ROT that should be sent to you.
It is unclear whether my lender requires a lease extension. I have called into my local Southall building society branch on numerous occasions and was informed it wasn't a problem and they will lend. My Southall conveyancing solicitor - who is on the mortgage company conveyancing panel- called and was told they refuse to lend based on their UK Finance Lenders’ Handbook minimum lease term requirements. Who do I believe?
The conveyancing practitioner has to follow the CML Handbook section two provisions for your bank. Unless your lawyer obtains specific confirmation in writing that the lender will go ahead, your lawyer has no choice but to refrain from exchanging contract and committing you to the purchase. We would suggest that you ask the bank to contact your lawyer in writing confirming that they will accept the number of years remaining.
After months of negotiation I have agreed a price on an apartment in Southall. My mortgage broker pressured me to appoint their conveyancer. I paid an on account payment of £225. Soon after, the conveyancing practitioner called me embarrassingly acknowledging that they were not on the Nationwide 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 Nationwide 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.
How does conveyancing in Southall differ for newly converted properties?
Most buyers of new build property in Southall contact us having been asked by the housebuilder to exchange contracts and commit to the purchase even before the house is finished. This is because new home sellers in Southall typically acquire the land, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct conveyancing solicitors as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are used to new build conveyancing in Southall or who has acted in the same development.
I am a fortnight into a leasehold purchase having been directed to solicitors by the high street agent to handle our conveyancing in Southall. I am not happy. Could you help me find new solicitors?
A lawyer would have to be really bad in order to consider diss instructing them. Has your mortgage offer been issued? In the event that it has you must advise them of the replacement solicitor and ensure the loan are re-issued. The solicitor ideally should be on the lenders panel to avoid supplemental expenses and delays. That should be your first question of the new conveyancers. Our find a solicitor tool will assist you in finding a lender approved lawyer for your conveyancing in Southall
Completion is due on our sale of a £425,000 maisonette in Southall in just under a week. The freeholder has quoted £396 for Certificate of Compliance, building insurance schedule and previous years service charge statements. Is the landlord entitled to charge such fees for a leasehold conveyance in Southall?
For most leasehold sales in Southall conveyancing will involve, queries regarding the management of a building inevitably needing to be answered directly by the freeholder or its agent, this includes :
Addressing conveyancing due diligence questions
Where consent is required before sale in Southall
Copies of the building insurance and schedule
Deeds of covenant upon sale
Registering of the assignment of the change of lessee after a sale
I own a garden flat in Southall. In the absence of agreement between myself and the landlord, can the Leasehold valuation Tribunal make a decision on the amount due for the purchase of the freehold?
You certainly can. We are happy to put you in touch with a Southall conveyancing firm who can help.
An example of a Lease Extension matter before the tribunal for a Southall flat is 33 Barbican Road in January 2013. The Tribunals calculation of the lease extension premium payable was £17,592. This case was in relation to 1 flat. The unexpired term as at the valuation date was 55.12 years.