Having sold my house in Ascot last June but our buyer keeps whats apping every few hours to moan that their lawyer needs to hear from mylawyer. What should my lawyer have done following completion?
After completion of your sale your conveyancer should forward the transfer deeds and all additional paperwork to the buyer’s conveyancer. If applicable, your conveyancer must also send confirmation that the mortgage has been discharged to the buyers conveyancers. There are no post completion formalities peculiar conveyancing in Ascot.
Do I choose a Licenced Conveyancer or Solicitor for conveyancing in Ascot?
There are two types of lawyers who can conduct conveyancing in Ascot namely licenced conveyancers or solicitors. Both professionals administer conveyancing services that required to complete the sale or acquisition of property. They are both required to conduct Ascot conveyancing on similar quality and guidelines so you may be safe in the knowledge that your conveyancing will be properly conducted and that the requirements and steps should be correctly adhered to.
We had chosen conveyancing lawyers locally in Ascot on the Virgin Money solicitor approved list. They are now charging me a separate amount for the legal aspects of the Virgin Money mortgage. Is this an additional conveyancing fee set by Virgin Money?
Provided it is contained in their Terms and Conditions or Quote then yes your solicitor can levy a fee for this. The charge is not dictated by Virgin Money but by your Ascot property lawyer. Some firms on the Virgin Money panel will charge ’dealing with mortgage’ fee but many practices include it on their overall fee.
I am due to exchange contracts on my house. I had a double glazing fitted in August 2010, but did not receive a FENSA certificate or Building Regulation Certificate. My purchaser’s mortgage company, Co-operative are being a right pain. The Ascot solicitor who is on the Co-operative conveyancing panel is recommending indemnity insurance as a solution but Co-operative are requiring a building regulation certificate. Why do Co-operative have a conveyancing panel if they don't accept advice from them?
It is probably the case that Co-operative have referred the matter to their valuer. The reason why Co-operative may not want to accept indemnity insurance is because it does not give them any reassurance that the double glazing was correctly and safely installed. The indemnity insurance merely protects against enforcement action which is very unlikely anyway.
My partner and I are selling our home in Ascot and the buyers lawyers are claiming that there is a risk of it being built on contaminated land. Any local conveyancer would know that there is no such problem. For the life of me I don't know why the purchasers used a factory type conveyancing outfit as opposed to a conveyancing solicitor in Ascot. Having lived in Ascot for 4 years we know that this is a non issue. Do we contact our local Authority to seek clarification need.
It would appear that you have a conveyancing firm currently acting for you. Are they able to advise? You must enquire of your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out life insurance to cover that same sickness)
Just had an offer accepted on a new build apartment in Ascot. Conveyancing is a frightening process at the best of times but I have never purchased a new build flat before. What sort of enquires would be asked in new build legal work.
Here are examples of a few leasehold new build enquiries that you may expect your new-build leasehold conveyancing in Ascot
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The Lease must contain a provision on behalf of the Vendor to pay the service charges in respect of unoccupied units in order to ensure that all services can be provided. Please supply a car parking plan. Investor purchasers must be able to freely grant unsecured tenancies at market rents without requiring any consents. The Vendor must covenant to keep unsold units in good repair until long leases are granted therefore.
I've recently found out that there is a flying freehold issue on a house I have offered on a fortnight ago in what was supposed to be a straight forward, chain free conveyancing. Ascot is where the house is located. Is there any advice you can impart?
Flying freeholds in Ascot are rare but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Ascot you would need to get your solicitor to go through the deeds very carefully. Your mortgage company may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Ascot may determine 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 premises.
Are all Ascot legal practices on every bank conveyancing panel?
The Lexsure search tool on this page may be of use or you can drop into your local lender branch in Ascot. the probability is that they can recommend conveyancing solicitors in Ascot