Having sold my house in Waterloo last May but my buyer keeps telephoning me to say their solicitor is waiting to hear from mine. What are the post completion sale formalities following completion?
Post completion of your disposal your solicitor is committed to send the transfer deeds and all additional paperwork to the purchaser's solicitors. If applicable, your conveyancer must also confirm that the home loan has been redeemed to the buyers solicitors. There is unlikely to be post completion tasks peculiar conveyancing in Waterloo.
My wife and I have recently appointed a conveyancing solicitor in Waterloo. I need to find out if they are on the Nationwide Building Society conveyancing panel. Can you help?
You should call your conveyancer and ask them whether they can act for the bank. Otherwise you can get in touch with Nationwide Building Society who may be able to assist.
I used Arc property Solicitors several years ago for my conveyancing in Waterloo. Now, I need my documents however the law firm is no longer operating. What do I do?
Do contact the Solicitors Regulatory Authority (SRA) to help locate your conveyancing files. They can be contacted on please contact on 0870 606 2555. Alternatively, you should use their online form to make an enquiry. You will need to provide the SRA with as much information as possible to assist their search, including the name and address in Waterloo of the conveyancing firm of solicitors you previously hired, the name of conveyancing solicitor with whom you had dealings, and the date on which you last had dealings with the firm.
Yesterday I discovered that there is a flying freehold element on a house I have offered on a fortnight ago in what was supposed to be a quick, chain free conveyancing. Waterloo is where the house is located. Can you shed any light on this issue?
Flying freeholds in Waterloo are not the norm but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Waterloo you would need to get your solicitor to go through the deeds thoroughly. Your mortgage company may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Waterloo may decide 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.
Should I choose a Waterloo conveyancing lawyer who is local to the property I am buying? An old friend can carry out the legal work but they are based 400miles away.
The primary upside of using a high street Waterloo conveyancing firm is that you can attend the office to execute documents, present your ID and apply pressure on them if necessary. Having local Waterloo know how is a bonus. However nothing is more important than finding someone that will do a good and efficient job. If you know people who instructed your friend and they were happy that must trump using an unknown Waterloo conveyancing lawyer solely due to them being local.
My husband and I plan to acquire our first property in Waterloo. Conveyancing lawyer has been instructed. The mortgage adviser advised that a survey is not appropriate as the house was only constructed twenty two years ago.
You would be well advised to undertake a Home Buyer's Report. As the residence was constructed more than a decade ago the property will not come with a warranty, so you don't want to take a risk. Where a property of this age shows no signs of defects a Home Buyer's report may be enough. The report should highlight any apparent issues and suggest additional investigation where relevant. Where there are any indications of material issues obtain a full Building Survey from the beginning.