Finally the sale completed on my house in Edge Hill last August yet the purchaser is whats apping every few hours complaining that their lawyer needs to hear from myconveyancer. What are the post completion sale legalities now that I have sold?
Post completion of your house sale your conveyancer is duty bound to send the transfer documentation and all of the paperwork to the buyer’s conveyancer. Depending on the transaction, your conveyancer should also confirm that the home loan has been repaid to the purchasers lawyers. There is unlikely to be post completion procedures peculiar conveyancing in Edge Hill.
We're in Edge Hill, FTBs purchasing with a mortgage (lender is Bank of Ireland , and our lawyer is on the Bank of Ireland conveyancing panel). How long should the conveyancing process take?
The fact that your lawyer is on the Bank of Ireland conveyancing panel is a help. It would almost certainly delay matters if they were not. However, no property lawyer should guarantee a timeframe for your conveyancing, due to third parties outside of your control such as delays caused by lenders,conveyancing search providers or by the other side’s solicitors. The time taken is often determined by the number of parties in a chain.
How does conveyancing in Edge Hill differ for newly converted properties?
Most buyers of new build or newly converted property in Edge Hill contact us having been asked by the developer to sign contracts and commit to the purchase even before the premises is ready to move into. This is because new home sellers in Edge Hill tend to purchase the real estate, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct conveyancers as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are used to new build conveyancing in Edge Hill or who has acted in the same development.
Yesterday I discovered that there is a flying freehold element on a house I have offered on last month in what should have been a straight forward, chain free conveyancing. Edge Hill is where the house is located. What do you suggest?
Flying freeholds in Edge Hill are not the norm but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Edge Hill you would need to get your solicitor to go through the deeds diligently. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Edge Hill 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 property.
My business partner and I are intending to lease a unit on the high street. Can you recommend lawyers offering competitive fees for non-domestic conveyancing in Edge Hill for below 2k?
We can recommend firms who host a wealth of experience of commercial conveyancing in Edge Hill, including the sale and purchase of businesses as well as simply property. Whether you are looking to purchase or sell a shop, pub, restaurant, office, retail premises or a complete business we can find you the right lawyer. Regarding the costs this will depend on the structure and terms of the deal. Please provide us with your contact information or phone so as to enable us to furnish you with a detailed commercial conveyancing quote.
My father-in-law has recommend that I instruct his conveyancing solicitors in Edge Hill. Should I choose my own solicitor?
No doubt the best way to find a conveyancing lawyer is to seek feedback from friends or family who have used the conveyancer you're are thinking of instructing.