Having sold my house in Bow last September yet the purchaser is Skype messaging daily complaining that their solicitor is waiting to hear from mine. What are the post completion sale legalities now that I have sold?
After completion of your sale your conveyancer is duty bound to send the transfer documentation and all additional paperwork to the purchaser's conveyancer. Where relevant, your conveyancer should also confirm that the home loan has been discharged to the purchasers solicitors. There are no post completion requirements peculiar conveyancing in Bow.
Me and my partner are buying a apartment in Bow. I might seem paranoid but how we can trust a conveyancer? At some point we have to put our life savings into their account. What protection do we have from them run away with our monies?
Be assured that all money in a Solicitors client account is 100% safe, and even if your Solicitor ran off with it, the Law Society would reimburse you fully.
I am helping my sister sell her house in Bow. Will the conveyancer order an energy performance certificate or it is for the seller to coordinate?
After the abolition of Home Packs, EPC’s remained a required part of selling a property. An EPC must be commissioned before the property is placed on the market. This is not a task that solicitors normally arrange. If you are using a Bow conveyancing practitioner they might be willing to arrange energy performance certificates due to their relationships with long established local energy assessors
Is it correct that all Bow CQS (Conveyancing Quality Scheme) solicitors are on the Skipton conveyancing list of approved solicitors?
Some major banks and building societies now make use of CQS as the kick off point for Panel membership such as HSBC and Santander. The Law Society’s CQS membership however gives no guarantee to lender panel acceptance. Nevertheless,the CML have indicated that it is likely to become a pre-requisite for firms wishing to remain on their approved list of firms.
My relative suggested that where I am purchasing in Bow I should carry out a Neighbourhood, Planning and Local Amenity Search. What does it cover?
This is a search is occasionally included in the estimate for your Bow conveyancing searches. It is not a small report of about 40 pages, listing and detailing important information about Bow around the property and the people living there. It incorporates 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 House Prices, Crime statistics, Bow Education with maps and statistics, Local Amenities and other useful information concerning Bow.
The deeds to my property can not be found. The solicitors who did the conveyancing in Bow 4 years ago have long since closed. What do I do?
You no longer need to have the physical deeds to evidence that you are the owner of your registered land or property, given that the Land Registry have everything they need in a digital format.
How does conveyancing in Bow differ for new build properties?
Most buyers of new build premises in Bow contact us having been asked by the builder to exchange contracts and commit to the purchase even before the premises is built. This is because house builders in Bow usually buy 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 conveyancers 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 Bow or who has acted in the same development.
I opted to have a survey done on a house in Bow before retaining conveyancers. I have been advised that there is a flying freehold aspect to the house. The surveyor advised that some banks may not issue a loan on such a premises.
It varies from the lender to lender. Bank of Scotland has different requirements for example to Nationwide. Should you wish to telephone us we can look into this further with the relevant lender. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Bow. Conveyancing may be slightly more expensive based on your lender's requirements.