Will my conveyancing lawyers need to check that the building insurance for my purchase of a house in Crabtree. My lender is The Mortgage Works
The Mortgage Works have specific requirements as set out in the UK Finance Lenders’ Handbook. As of 9/12/2024, the requirements read as follows :
I am assisting my niece sell her property in Crabtree. Will the conveyancing solicitor commission an energy performance certificate or do I organise this?
Following the abolition of Home Packs, energy assessments was left as a mandatory component of selling a house. An EPC must be to hand before the property is put on the market. It is not something that lawyers ordinarily organise. If you are instructing a Crabtree conveyancing lawyer they may be willing to arrange energy assessments due to their relationships with reputable Crabtree assessors
This question may be naive but I am wet behind the ears as FTB of a garden flat in Crabtree. Do I receive the keys to the property on the completion date from my conveyancer? If this is the case, I will use a High Street conveyancing solicitor in Crabtree?
There is no need to visit the lawyers office on the day of completion. Your solicitors will electronically transfer the completion advance to the seller's conveyancers, and shortly after the monies have arrived, you should be able to receive the keys from the selling Agents and start moving into the property. Usually this occurs between 1 and 3pm.
Intending to buy a apartment in Crabtree. I have received an online quote from a licenced conveyancer, which states: "There will be no charge for dealing with the Lender if you are obtaining a mortgage". I take this to mean that there will be no additional fee if the solicitor is on the Santander conveyancing panel. I wanted to make sure it means there will be no additional fees for dealing with the mortgage.
They are simply saying that the cost for acting for the lender is included in the fee being quoted. It is worth you checking that the Crabtree lawyer is on the Santander conveyancing panel.
I have been told that property searches are the main cause of stalling in Crabtree conveyancing transactions. Is this right?
The Council of Property Search Organisations (CoPSO) has noted the findings of research by MoveWithUs that conveyancing searches do not figure amongst the common causes of hindrances in the conveyancing process. Searches are not likely to feature in any delay in conveyancing in Crabtree.
I moved into my house on 7 July and the transaction details is not yet registered. Should I be concerned? My conveyancing solicitor in Crabtree said it should be registered in a couple of weeks. Are transfers in Crabtree uniquely lengthy to register?
There is nothing unique about conveyancing in Crabtree registration formalities. As opposed to being determined by geographic area, timeframes can vary according to the party submitting the application, whether there are errors and if the Land registry have to notify any other parties. At present approximately 80% of submission are fully addressed in less than three weeks but occasionally there can be protracted delays. Registration is effected once the purchaser is living at the premises therefore post completion formalities is not always top priority yet if it is urgent that the the registration takes place urgently then you or your conveyancer can speak with the land registry and explain the circumstances.
I was recommended by numerous selling agents in Crabtree to choose a solicitor using your seach tool. What’s the financial incentive for Estate Agents to recommend your lawyers over alternative conveyancing organisations?
We refuse to give any referral fee for directing people to this site. We thought it would be too underhand a fee as members of the public would think, ‘Why is the agent getting a kickback? Why aren’t I getting any benefit too?’ We would prefer to grow our business on genuine recommendations.
I'm purchasing a bungalow in Crabtree. I have found my conveyancer's company on the CLC list, but I can't locate my conveyancer's name as listed on the regulator's website. Should I be concerned?
Not every individual in the company must be listed by the regulator. As long there is a manager qualified to 'oversee' the conveyancing, the actual day-to-day activity can be conducted by unlicensed staff.