Having sold my house in County Durham last July but our buyer keeps SMS messaging daily to say his conveyancer is waiting to hear from mine. What are the post completion sale formalities following completion?
After completion of your disposal your solicitor should send the transfer documentation and all additional paperwork to the purchaser's lawyers. Depending on the transaction, your conveyancer should also send confirmation that the home loan has been discharged to the purchasers solicitors. There is unlikely to be post completion procedures unique to conveyancing in County Durham.
When it comes to mortgage companies such as Co-operative, do County Durham lawyers incur a fee to be on the conveyancing panel?
We are not aware of any bank fees to register on their list of approved firms, although some do levy an administration fee to deal with the processing of the conveyancing panel application.
I'm in the process of viewing houses in County Durham and I am about to put in an offer. Should I already have a property lawyer in place at this stage? I will be getting a home loan with TSB.
It would be sensible to start your search sooner rather than later. After you have chosen your lawyer and once your offer is accepted you can instruct them to work for you and forward their details on to the selling agent. As you are taking out a mortgage with TSB, make sure you remember to check that your lawyer is on the TSB conveyancing panel.
I have paid off my mortgage with Skipton. I assume I don't need a County Durham property lawyer on the Skipton panel to discharge the mortgage at the Land Registry. Please confirm.
If you have finished paying off your Skipton 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 Skipton mortgage from the register. Skipton, 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 Skipton has sent the Land Registry the discharge electronically, and
- Skipton has instructed the Land Registry to do so
The estate agent has sent us the confirmation of our purchase of a new build flat in County Durham. Conveyancing is daunting at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build legal work.
Set out below are examples of a few leasehold new build questions that you should expect your new-build leasehold conveyancing in County Durham
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Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose? Where there is an Undertaking being granted there is the risk of forfeiture of the Headlease subject to relief if one or more of the Underlessees are willing to accept the original Head Lessee’s obligations as otherwise relief will be denied to the Underlessees. The only alternatives are the Head Lessor agreeing not to forfeit the Headlease or the Head Lessee guaranteeing to the Underlessees that it will not be in breach of the Headlease. If there are lifts in the building, please confirm that the owners of flats on the ground and basement floors will not be required to contribute towards the cost of maintenance and renewal. Please supply a car parking plan. Please confirm the Lease plans are architect prepared.
My company is intending to take over a lease of a shop on a shopping parade. Can you recommend lawyers offering no-sale-no fees for non-domestic conveyancing in County Durham for under 2k?
We can recommend firms who have specialist knowledge of commercial conveyancing in County Durham, including the disposal and acquisition of businesses as well as simply property. If you are hoping to buy or lease a shop, pub, restaurant, office, retail premises or a complete business we will find you the right firm. As for the costs these will vary based on the structure and heads of terms of the deal. Let us have your details or call so as to enable us to provide you with a fixed commercial conveyancing calculation.
Am I better off to appoint a County Durham conveyancing lawyer who is local to the property I am buying? An old friend can execute the legal work however they are based 300kilometers away.
The benefit of a high street County Durham conveyancing practice is that you can drop in to sign paperwork, hand in your ID and apply pressure on them if necessary. They will also have local insight which is a plus. That being said it's more important to get someone that will pull out all the stops for you. If if people you trust instructed your friend and they were impressed that must outweigh using an unknown County Durham conveyancing solicitor just because they are County Durham based.
I am contemplating using a web based lawyer as opposed to a County Durham conveyancing firm. Any advice?
There are advantages of having the opportunity to attend a local County Durham conveyancing solicitor for instance
- signing documents and and when necessary
- sometimes being able to see someone face-to-face can make a huge difference, particularly for non-standard transactions
- the ability to complain if things are not going as expected
When analysing quotes, look out for hidden extras. Most decent County Durham high street solicitors give an all-inclusive figure. Often online companies seem to offer low cost fees, but have burried 'extras' in the fine print.