Completed the sale of my flat in Albrighton last August yet the purchaser is whats apping me complaining that her conveyancer needs to hear from mylawyer. What are the post completion sale legalities following completion?
Following your house sale your solicitor is obliged to forward the transfer documentation and all additional paperwork to the buyer’s conveyancer. Depending on the transaction, your solicitor should also send confirmation that the mortgage has been redeemed to the purchasers lawyers. There are no post completion procedures peculiar conveyancing in Albrighton.
My lawyer in Albrighton is not listed on the Bank of Ireland Approved Panel. Is it possible for me to retain my prefered solicitor even though they are excluded from the Bank of Ireland panel of approved conveyancing solicitors?
The limited options available to you here include:
- Complete the purchase with your preferred Albrighton solicitors but Bank of Ireland will need to use a conveyancer on their list of acceptable firms. This will result in additional total legal fees as well as result in delays.
- Choose a new practitioner to to deal with the conveyancing, not forgetting to check they are on the Bank of Ireland panel
I am purchasing my first flat in Albrighton with a loan from TSB. The builders would not reduce the amount so I negotiated five thousand pounds worth of fixtures and fittings instead. The sale representative suggested that I not reveal to my solicitor about this extras as it could put at risk my loan with TSB. Is this normal?.
All lenders require a Disclosure of Incentives Form from the builder of any new build, converted or renovated property, It is available online from the Lenders’ Handbook page on the CML website. CML form is completed and handed to the lender's surveyor when the inspection is done.
Lenders have different policies on incentives. Some accept none at all, cash or physical, while others will accept cash incentives up to 5%.
Hard to understand why the representative of a builder would be suggesting you withold information from a solicitor when all this will be clearly visible on forms the builder has to supply to its solicitor, the buyer's solicitor and the surveyor.
Due to the encouragement of my in-laws I had a survey completed on a house in Albrighton in advance of appointing solicitors. I have been informed that there is a flying freehold overhang to the property. Our surveyor has said that some mortgage companies tend not issue a mortgage on such a house.
It varies from the lender to lender. Santander has different requirements from Nationwide. If you e-mail us we can check with the relevant lender. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Albrighton. Conveyancing will be smoother if you use a solicitor in Albrighton especially if they are familiar with such properties in Albrighton.
In my capacity as executor for the estate of my grandmother I am disposing of a house in Neath but live in Albrighton. My lawyer (who is 260 kilometers from merequires that I sign a stat dec ahead of the transaction finalising. Could you suggest a conveyancing solicitor in Albrighton who can attest and place their company stamp on the document?
strictly speaking you are not likely to need to have the documents attested by a conveyancing solicitor. Ordinarily or notary public or solicitor will be fine regardless of whether they are based in Albrighton
I have recently placed an offer on an apartment in Albrighton and the mortgage adviser that we are dealing with recommended his lawyer. She quoted a thousand pounds plus VAT and 3rd party costs. Does this sound reasonable?
You should not rely on a single estimate. You should seek like-for-like quotes for your conveyancing in Albrighton. Then select one that you are comfortable with and crucially, is on the approved panel of the mortgage company that you have applied for a mortgage from.