Finally the sale completed on my house in Victoria Docks last July yet the purchaser is telephoning daily complaining that their lawyer is waiting to hear from mine. What should have happened now that I have sold?
Following your sale your conveyancer is duty bound to forward the transfer deeds and all of the paperwork to the buyer’s solicitors. Where relevant, your solicitor must also send confirmation that the home loan has been repaid to the purchasers solicitors. There are no post completion formalities just for conveyancing in Victoria Docks.
Do the Building Society Association intend to launch a searchable register to list solicitors on the Earl Shilton BS conveyancing panel for example in Victoria Docks?
We would not expect to be advised of any intention on the part of the BSA to promote such a tool.
Is it correct that all Victoria Docks CQS (Conveyancing Quality Scheme) solicitors are on the Yorkshire BS conveyancing list of approved practices?
A selection of banks and building societies now make use of CQS as the kick off point for Panel membership such as HSBC and Santander. The Law Society’s CQS accreditation however is no guarantee to lender panel acceptance. Nevertheless,the CML have indicated that it is likely to become a pre-requisite for solicitors wishing to remain on their approved list of conveyancing solicitors.
I have decided to exercise my right to buy my property in Victoria Docks off the council. I have a mortgage offer with TSB. Conveyancing is not something I have any knowledge of. Can I proceed without a solicitor easily? I think we can but we keep being told I should have one. Any advice?
It is not advisable to proceed with a house purchase without a solicitor. The council's solicitor are not acting for you. You need a solicitor for a number reasons. One of which is to verify what plans the Council have for repairs and refurbishment for the next five years. Many leaseholders have been stung for contributions of thousands of pounds. In any event, if you are getting a mortgage with TSB, you will need to appoint a solicitor on the TSB conveyancing panel.
Our sealed bid on a house in Victoria Docks has been accepted, the owners do nevertheless have a connected purchase. The owners have placed an offer on a flat, however it’s not yet tied up, and are looking at other properties booked. I have chosen a bricks and mortar conveyancing solicitor in Victoria Docks. What should be my next step? At what point should I apply for the mortgage with HSBC?
It is understandable to have apprehensions where there is a chain as you are unlikely to want to be too out of pocket prematurely (home loan application is in the region of £1k, then valuation, Victoria Docks conveyancing search fees, etc). First, you must ensure that your property lawyer is on the HSBC conveyancing panel. Regarding the subsequent phase this very much depends on the uniqueness of your transaction, attraction to this property and on the state of the market. In a hot market some home buyers will apply for the mortgage with HSBC and pay for the valuation and only if it comes back ok would they ask their lawyer to proceed with the conveyancing in Victoria Docks.
The deeds to our home can not be found. The conveyancers who dealt with the conveyancing in Victoria Docks 4 years ago have long since closed. What do I do?
These day there are copies made of almost everything, and your conveyancer will be aware exactly where to find all the relevant paperwork so you can purchase or sell your property without a hitch. If duplicates can’t be found, your solicitor may be able to arrange cover in the form of insurance or indemnities against possible claims on your premises.
How does conveyancing in Victoria Docks differ for newly converted properties?
Most buyers of new build residence in Victoria Docks approach us having been asked by the builder to exchange contracts and commit to the purchase even before the house is built. This is because house builders in Victoria Docks typically purchase the real estate, 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 accustomed to new build conveyancing in Victoria Docks or who has acted in the same development.
How does the Landlord & Tenant Act 1954 impact my commercial property in Victoria Docks and how can your lawyers assist?
The particular law that you refer to provides a safeguard to business lessees, granting the legal entitlement to apply to court for a continuation of occupancy at the end of an expired lease. There are limited grounds that a landlord can refrain from granting a lease renewal and the rules are complicated. Fees are different for commercial conveyancing. Victoria Docks is one of our hundreds of areas of the UK in which our lawyers are based