Finally the sale completed on my house in Bassaleg last December but the buyer keeps texting every few hours to say her solicitor is waiting to hear from mine. What should have happened following completion?
Post completion of your sale your solicitor is committed to deliver the transfer deeds and all additional paperwork to the purchaser's lawyers. Where relevant, your solicitor should also confirm that the mortgage has been paid off to the buyers lawyers. There are no post completion requirements unique to conveyancing in Bassaleg.
I am looking to buy a property and require a conveyancing solicitor in Bassaleg who is on the Platform Home Loans Ltd solicitor. Could you point me in the right direction as regards a firm?
Our service is limited to being a directory service for firms who wish to listed as being on the approved conveyancing panel for Platform Home Loans Ltd in certain locations such as Bassaleg. We dont recommend any particular firm.
Last month we had a mortgage agreed in principle with RBS. Bassaleg conveyancing solicitors have been selected. How long does it take for RBS to send the offer to the lawyer?
There is no definitive answer here. Have RBS done the valuation? Have you informed RBS as to your lawyers' details and checked that your lawyers are on the RBS conveyancing panel? It is not unusual for a mortgage offer to take a month to come through.
I have today made my last payment due on my mortgage with Clydesdale. I assume I don't need a Bassaleg conveyancer on the Clydesdale panel to remove the mortgage at the Land Registry. Please confirm.
If you have finished paying off your Clydesdale mortgage, they may send you evidence showing that you have paid it off. Alternatively they may notify the Land Registry directly. The Land Registry need to see this evidence before they will remove the Clydesdale mortgage from the register. Clydesdale, and any evidence they send you, will determine the action you need to take. In cases where no conveyancer is acting for you and you have paid off your mortgage:
- but are not moving to another property
- where Clydesdale has sent the Land Registry the discharge electronically, and
- Clydesdale has instructed the Land Registry to do so
Completion of my purchase has taken place for my property in Bassaleg. Conveyancing was of an acceptable standard but I feel I should register my dissatisfaction about the lender. How does one go about formally complaining?
Most banks and building societies have complaints procedures. Your first point of contact should be one of the lender’s branches or the Customer Care Department at head office. Ordinarily complaints to a lender are sorted out very quickly. If you feel the matter is not resolved you can write to Financial Ombudsman Service with full details of your complaint.
Is it necessary to pay for insurance to cover chancel repairs when acquiring a property in Bassaleg?
Unless a prior acquisition of the property completed after 12 October 2013 you could take it that lawyers handling conveyancing in Bassaleg to continue to recommend a chancel search and or chancel repair liability policy.
I am buying a new build house in Bassaleg with the aid of help to buy. The developers would not reduce the amount so I negotiated 6k of fixtures and fittings instead. The sale representative told me not to tell my solicitor about the extras as it will put at risk my loan with the bank. Should I keep quiet?.
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.
We have been told by numerous estate agents to expect up to two months for Bassaleg conveyancing to complete.This was 3 ago. The draft contract was only sent from the vendors conveyancing practitioner last week so does the time start running now?
No definitive time frame exists for conveyancing in Bassaleg. Conveyancing is subject to many variable. Bassaleg conveyancing searches in and of themselves could take some weeks before they are received.