Completed the sale of my flat in East and West Horsley last November but my buyer keeps telephoning every few hours to say her lawyer is waiting to hear from mysolicitor. What are the post completion sale legalities following completion?
After completion of your sale your lawyer should deliver the transfer deeds and all supplemental paperwork to the buyer’s conveyancer. Depending on the transaction, your solicitor should also confirm that the mortgage has been repaid to the buyers conveyancers. There are no post completion tasks peculiar conveyancing in East and West Horsley.
The East and West Horsley conveyancing solicitors that just started acting on my house acquisition in East and West Horsley have suddenly closed. I chose them because I needed a solicitor on the Aldermore conveyancing panel and my family East and West Horsley lawyer was not. I sent them a cheque for £250 in advance. What are my options?
If you have an estate agent involved then inform them straight away so that they advise the vendors that there may be a slight delay due to the problems encountered. Hopefully they will be sympathetic and urge their lawyer to send a new set of papers to your new solicitors. You will need to appoint new lawyers that are on the Aldermore conveyancing panel and notify the lender. If you have paid over any money, it will hopefully be held by the SRA as money in an intervened firm's bank accounts is transferred to the SRA. Then, the SRA or the intervention agent looks at the intervened firm's accounts to work out who the money belongs to. To claim your money you will need to contact the SRA. If the SRA cannot return money you are owed from the firm's bank accounts, or if they can only return part of the money, you can apply to the Compensation Fund for a grant. Your new solicitors may be able to assist.
I have recentlydiscovered that Action Conveyancing have been shut down. They conducted my conveyancing in East and West Horsley for a purchase of a leasehold flat 12 months ago. How can I be sure that the property is in my name in the name of the previous owner?
The easiest way to check if the property is registered to you, you can make a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of East and West Horsley conveyancing specialists.
I am buying a new build house in East and West Horsley with a loan from Bank of Ireland. The sellers refused to reduce the price so I negotiated £7000 of extras instead. The estate agent advised me not inform my lawyer about this deal as it may adversely affect my mortgage with the bank. Is this normal?.
All lenders require a Disclosure of Incentives Form from the developer of any new build, converted or renovated property, It is available online from the Lenders’ Handbook page on the CML website. CML form is completed and handed to the lender's surveyor when the inspection is done.
Lenders have different policies on incentives. Some accept none at all, cash or physical, while others will accept cash incentives up to 5%.
Hard to understand why the representative of a builder would be suggesting you withold information from a solicitor when all this will be clearly visible on forms the builder has to supply to its solicitor, the buyer's solicitor and the surveyor.
I've recently found out that there is a flying freehold issue on a property I put an offer in two weeks back in what was supposed to be a quick, chain free conveyancing. East and West Horsley is the location of the property. Is there any advice you can give?
Flying freeholds in East and West Horsley are unusual but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside East and West Horsley you must be sure that your lawyer goes through the deeds very carefully. Your mortgage company may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in East and West Horsley may decide that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold residence.
We are a fortnight into a freehold purchase having been referred to conveyancers by the local agent to handle our conveyancing in East and West Horsley. I am not happy. Can you help me find new conveyancers?
They would need to be very bad in order to consider replacing them. Has your mortgage offer been generated? If so you will need to advise them of the new contact details and have the offer are re-sent. The solicitor ideally needs to be on the banks approved list to avoid supplemental costs and delays. So that should be your first question of the new conveyancers. Our search tool should assist you in finding a lender approved solicitor for your home move in East and West Horsley