I am selling my flat in Burford. Will my conveyancing practitioner need to be required to be on the Santander conveyancing panel in order to deal with redeeming my mortgage?
Ordinarily, even if your lawyer is not on the Santander conveyancing panel they can still act for you on your sale. It might be that the lender will not release the original deeds (if applicable and increasingly irrelevant) until after the mortgage is paid off. You should speak to your lawyer directly before you start the process though to ensure that there is no problem as lenders are changing their requirements fairly frequently at the moment.
We are buying a house in Burford. I might seem paranoid but how we can trust a conveyancer? On the day of competition we have to deposit money into their account. What is the protection we have from them run away with our deposit?
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.
This question may be naive but I am unseasoned as a 1st time buyer of a ground floor flat in Burford. Do I collect the keys to the property on completion from my lawyer? If so, I will use a High Street conveyancing solicitor in Burford?
There is no need to visit the lawyers office on the day of completion. Conveyancing lawyers for you will electronically transfer the completion advance to the owner’s solicitors, and shortly after the monies have arrived, you should be invited to pick up the keys from the selling Agents and move into your new home. This tends to happen early afternoon.
I am due to exchange contracts on my house. I had a double glazing fitted in August 2006, but did not receive a FENSA certificate or Building Regulation Certificate. My purchaser’s lender, Skipton are being difficult. The Burford solicitor who is on the Skipton conveyancing panel is happy to accept ‘lack of building regulation’ insurance but Skipton are insisting on a building regulation certificate. Why do Skipton have a conveyancing panel if they don't accept advice from them?
It is probably the case that Skipton have referred the matter to their valuer. The reason why Skipton 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.
The deeds to my property are lost. The lawyers who conducted the conveyancing in Burford 4 years ago are no longer around. Will I be able to sell the house?
You no longer need to have the physical official documentation to establish that you are the owner of your registered land or property, as the Land Registry hold details of all registered land or property electronically.
I have been recommended by a few estate agents in Burford to get a quote from a property lawyer using your seach tool. What’s the financial advantage for Estate Agents to offer your lawyers ahead of a competitor’s?
We refuse to make any referral fee for pointing buyers and sellers our way. We found it would be just too difficult a fee as members of the public would think, ‘Why is the agent getting a kickback? Why am I not receiving any benefit too?’ So we decided to step away from that.
My husband and I are four weeks into a freehold purchase having been referred to a firm by the estate agent to perform conveyancing in Burford. I am am starting to be disappointed with the quality of service. Could you you assist me in finding new solicitors?
They would have to be really bad in order to consider diss instructing them. Has the mortgage offer been issued? In the event that it has you must advise them of the new conveyancer and get the offer are issued to the new lawyers. Your new solicitor ideally should be on the mortgage company approved list to avoid supplemental fees and delays. So that should be your starting point. The find a solicitor tool should assist you in finding a bank approved lawyer for your conveyancing in Burford
If all goes to plan we aim to complete the disposal of our £225,000 apartment in Burford on Thursday in a week. The freeholder has quoted £384 for Landlord’s certificate, insurance certificate and 3 years statements of service charge. Is it legal for a freeholder to charge such fees for a flat conveyance in Burford?
For most leasehold sales in Burford conveyancing will involve, queries regarding the management of a building inevitably needing to be answered directly by the freeholder or its agent, this includes :
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Completing conveyancing due diligence enquiries
Where consent is required before sale in Burford
Copies of the building insurance and schedule
Deeds of covenant upon sale
Registering of the assignment of the change of lessee after a sale
Burford Leasehold Conveyancing - Examples of Queries Prior to buying
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If a Burford lease has no more than 80 years it will affect the salability of the flat. It is worth checking with your bank that they are happy with residual term of the lease. Leases with less than 80 years remaining means that you will most likely have to extend the lease at some point and you need to have some idea of how much this will be. Remember, in most cases you would be required to have been the owner of the residence for 24 months in order to be eligible to exercise a lease extension. Does the lease include onerous restrictions?