Finally the sale completed on my house in Warfield last January but the buyer keeps texting daily to moan that their solicitor is waiting to hear from mine. What are the post completion sale formalities following completion?
Following your disposal your conveyancer should send the transfer deeds and all of the paperwork to the purchaser's conveyancer. Depending on the transaction, your solicitor must also evidence that the home loan has been redeemed to the buyers solicitors. There are no post completion formalities unique to conveyancing in Warfield.
What can a local search inform me about the property I am buying in Warfield?
Warfield conveyancing often starts with the ordering local authority searches directly from your local Authority or via a personal search organisations for instance Xpress Legal The local search plays a central part in many a Warfield conveyancing purchase; as long as you wish to avoid any nasty surprises after you move into your property. The search should reveal data on, amongst other things, details on planning applications applicable to the premises (whether granted or refused), building control history, any enforcement action, restrictions on permitted development, nearby road schemes, contaminated land and radon gas; in all a total of 13 topic headings.
I have justbecome aware that Stirling Law have closed. They carried out my conveyancing in Warfield for a purchase of a leasehold apartment 10 months ago. How can I check that my home is in my name in the name of the former proprietor?
The easiest way to see if the property is in your name, you can carry out a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Warfield conveyancing specialists.
How does conveyancing in Warfield differ for new build properties?
Most buyers of new build residence in Warfield contact us having been asked by the builder to exchange contracts and commit to the purchase even before the premises is ready to move into. This is because house builders in Warfield 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 accustomed to new build conveyancing in Warfield or who has acted in the same development.
I've recently found out that there is a flying freehold element on a property I put an offer in two weeks back in what should have been a quick, no chain conveyancing. Warfield is where the house is located. Can you shed any light on this issue?
Flying freeholds in Warfield are rare but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Warfield you must be sure that your lawyer goes through the deeds thoroughly. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Warfield may ascertain 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 property.
I'm remortgaging my existing property to a BTL mortgage with Nottingham Building Society and I will use the ballance of the raised equity towards a second house. The location we are interested in is Warfield. Will your conveyancers be able to act for both sets of lenders and link together the conveyances?
Make use of our comparison tool on this page to check that the solicitors are approved by both mortgage companies. Assuming that they are your conveyancer should be able to tie up the two deals but you should have a chat with you conveyancer and specify your desired outcome and needs.