Finally the sale completed on my house in Clapham last October but the buyer keeps Skype messaging me to say his solicitor needs to hear from mine. What are the post completion sale legalities now that I have sold?
After completion of your sale your conveyancer should forward the transfer deeds and all additional paperwork to the buyer’s conveyancer. Where appropriate, your solicitor should also send confirmation that the home loan has been redeemed to the purchasers solicitors. There are no post completion requirements unique to conveyancing in Clapham.
Do I have to have a meeting at the offices of the solicitor to execute the mortgage deed? If so, I will appoint a lawyer who conducts conveyancing in Clapham so that I can pop in to their offices if required.
As opposed to twenty years ago, most mortgage companies no longer require their conveyancing panel solicitor to witness the borrowers signature. It will still be necessary for you to provide ID documents and there are still distinct advantages to choosing a locally based solicitor, in your case a conveyancing solicitor in Clapham.
My bid for a property was accepted at auction in Clapham. Conveyancing is required. What happens now?
Having to in every practical sense signed on the dotted line you will need to hire the services of a conveyancing practitioner quickly as you will have a pending a fixed date to complete the transaction. An auction property should have a bespoke auction set of papers. This will include evidence of title and search results. Where you are dealing with leasehold premises the legal pack should provide a copy of the lease, management information and a sellers leasehold information form and other conveyancing paperwork specific to a leasehold property. You must hand this to your appointed conveyancing solicitor as soon as possible. You also need to ensure that your finances are in order to complete the transaction on the set completion date.
Is it the case that all Clapham CQS (Conveyancing Quality Scheme) solicitors are on the Aldermore conveyancing panel?
Some major banks and building societies now utilise CQS as the starting point for Panel membership such as HSBC and Santander. The Law Society’s CQS membership however is no guarantee to lender panel acceptance. That being said,the CML have indicated that it is likely to become a pre-requisite for firms wishing to remain on their approved list of conveyancing solicitors.
We have agreed to purchase a house in Clapham. A rare aspect is that the roof has a solar panel. Bank of Ireland have issued a mortgage offer so presumably this is not a concern to them. Why is my solicitor raising questions about the panel?
As your lender is Bank of Ireland your lawyer must follow the conveyancing requirements set out in Section two of UK Finance Lenders’ Handbook for Bank of Ireland. The CML Handbook includes minimum provisions for solar panel roof-space leases, and lawyers are required to report to Bank of Ireland where a lease does not satisfy these provisions. The requirements relate to the installation of panels on properties nationwide and is not isolated to Clapham.
I understand that there are debates on Chancel Insurance on online forums. Do I require this when purchasing a residence in Clapham? or Apparently there is historic law that means some house owners living in a parish church boundary may be liable to pay for repairs towards the chancel within the church. Is this suitable for conveyancing in Clapham?
Unless a previous acquisition of the property took place after 12 October 2013 you can assume that conveyancing practitioners handling conveyancing in Clapham to continue to recommend a chancel search and or insurance against a claim.
The deeds to our home are lost. The lawyers who did the conveyancing in Clapham 4 years ago have long since closed. What are my next steps?
Nowadays there are copies made of almost everything, and your conveyancer will know exactly where to look for all the suitable documentation so you may purchase or sell your property without a hitch. Where copies can’t be found, your solicitor may be able to arrange cover in the form of insurance or indemnities against future claims on your premises.
Due to the input of my in-laws I had a survey completed on a house in Clapham before appointing conveyancers. I have been informed that there is a flying freehold aspect to the property. My surveyor has said that some mortgage companies tend not issue a loan on such a house.
It varies from the lender to lender. Bank of Scotland has different requirements for example to Birmingham Midshires. If you contact us we can look into this further with the appropriate bank. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Clapham. Conveyancing will be smoother if you use a solicitor in Clapham especially if they regularly deal with such properties in Clapham.