Completed the sale of my flat in Woodbury last December but our buyer keeps texting daily complaining that her conveyancer needs to hear from myconveyancer. What should my lawyer have done now that I have sold?
Post completion of your disposal your conveyancer should forward the transfer documentation and all supplemental paperwork to the buyer’s solicitors. If applicable, your lawyer must also send confirmation that the home loan has been redeemed to the buyers solicitors. There is unlikely to be post completion formalities specific conveyancing in Woodbury.
When it comes to lenders such as TSB, do Woodbury lawyers incur an annual charge to be on the conveyancing panel?
We are unaware of any mortgage company fees to register on their list of approved firms, although some do levy an administration charge to deal with the processing of the conveyancing panel submission.
Can you point me to a directory of Kent Reliance panel conveyancers in Woodbury on the UK Finance Lenders’ Handbook Website?
Unfortunately not yet. There is no such facility on the CML or Building Society Association websites. A small selection of lending institutions make their panel listings viewable online. Where you are in need of a Woodbury lawyer on the Kent Reliance please make the most of our facility.
Is it the case that all Woodbury solicitors on the Kent Reliance conveyancing panel are overseen by the SRA?
As a firm of solicitors, in order to be on the Kent Reliance approved list of solicitors they would need to be overseen by the SRA. Some mortgage companies do allow licenced conveyancers on their panel and in that case the firms would be overseen by the Council of Licensed Conveyancers.
My colleague advised me that if I am purchasing in Woodbury I should carry out a Neighbourhood, Planning and Local Amenity Search. Can you explain what the purpose of this search is?
This is a search is occasionally quoted for as part of the standard Woodbury conveyancing searches. It is a large report of more than thirty pages, listing and detailing significant information about Woodbury around the property and the people living there. It includes an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the local Housing Market, Council Tax Banding, the demographics of People living in the area, the dominant type of Housing, the Average Property Price, Crime details, Local Education with plans and statistics, Local Amenities and other useful information about Woodbury.
Just had an offer accepted on a new build flat in Woodbury. Conveyancing is necessary evil at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build conveyancing.
Set out below are examples of a selection of leasehold new build enquiries that you can expect your new-build leasehold conveyancing in Woodbury
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Investor purchasers must be able to freely grant unsecured tenancies at market rents without requiring any consents. Where service of notices and proceedings can be at the property demised please confirm that this can be amended to include simultaneous services at the Lessees’ solicitors’ offices where the Lessee from time to time is not resident in the UK - such solicitors may be varied by notice in writing to the Landlord from time to time but otherwise will be as previously specified. The Landlord must covenant to assume the management if the Management Company goes into liquidation or otherwise defaults in running the management scheme. Please confirm the Lease plans are surveyor prepared.
Due to the input of my in-laws I had a survey completed on a property in Woodbury prior to instructing lawyers. I have been informed that there is a flying freehold overhang to the house. The surveyor advised that some mortgage companies may not give a loan on a flying freehold premises.
It depends who your proposed lender is. Bank of Scotland has different instructions from Birmingham Midshires. If you e-mail us we can check with the appropriate bank. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Woodbury. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Woodbury to see if the conveyancing costs will increase in light of this.
Am in the process of buying my first house in Woodbury. Conveyancing solicitor has been selected. The financial consultant pointed out that a survey is not necessary as the property is just 17 years old.
At the very least you should order a Home Buyer's Report. As the residence is over ten years old the property will not benefit from a warranty, so you don't want to take a risk. For a property that age with no signs of defects a Home Buyer's report could be sufficient. They will highlight any apparent problems and suggest additional investigation where appropriate. If there are any signs of problems seek a comprehensive structural survey.