Completed the sale of my flat in Ettington last February yet the purchaser is e-mailing every few hours to say his conveyancer is waiting to hear from mine. What should have happened following completion?
Post completion of your sale your lawyer is duty bound to deliver the transfer deeds and all supplemental paperwork to the buyer’s conveyancer. Depending on the transaction, your lawyer must also send confirmation that the mortgage has been redeemed to the purchasers solicitors. There are no post completion steps unique to conveyancing in Ettington.
I am considering applying for a Barclays mortgage for purchase of a newly converted (under development) in Ettington with 60% loan to value. Is it compulsory to choose a solicitor on the conveyancing panel for Barclays ?
In theory, you could use a solicitor that is not on the Barclays conveyancing panel, but Barclays would require one of their panel solicitors to be instructed to act in their interests, and you'd have to pay for this - so most people instruct a panel solicitor. It's also easier, as otherwise you'd have to deal with two solicitors for the same transaction.
I am helping my aunt sell her flat in Ettington. Will the conveyancer arrange an EPC or it is for me to see to?
Following the abolition of HIPs, energy performance certificates was left as a compulsory component of selling a house. An energy assessment needs to be commissioned prior to the property being placed on the market. This is not a task that lawyers normally organise. If you are using a Ettington conveyancing solicitor they might help arrange EPC’s due to their relationships with long established local assessors
I have a mortgage with HSBC for my property in Ettington. Conveyancing was finalised months ago. In the event that I decide to rent out my property and do not currently have a buy-to-let mortgage do I need to remortgage to a buy-to-let mortgage or inform HSBC?
Your original mortgage agreement with HSBC will provide that you need their approval before letting out your property as this is likely to be a breach of HSBC’s mortgage conditions. It may be that HSBC will allow you to rent out your former home without needing to switch to a buy-to-let mortgage but some lenders will add a surcharge to your mortgage rate to reflect the higher risk. You should contact HSBC directly. You need not do this via a HSBC conveyancing panel firm.
It is not clear whether my mortgage offer obliges me to make sure the lease term for the flat is extended prior to the completion date. I have called into my local Ettington building society branch on various occasions and was told they are content with the situation and they would lend. My Ettington conveyancing solicitor - who is on the lender conveyancing panel- telephoned to say that they would not lend based on their UK Finance Lenders’ Handbook minimum lease term requirements. Who do I believe?
As long as the solicitor is on the mortgage company approved list, she or he must comply with the Council of Mortgage Lenders’ Handbook requirements for the bank. Unless your lawyer obtains specific confirmation in writing that the bank will go ahead, your lawyer has no choice but to refrain from exchanging contract and committing you to the purchase. We would suggest that you ask the lender to contact your lawyer in writing confirming that they will accept the number of years remaining.
I am purchasing a property and the solicitor has raised the issue of Chancel Repair for which the property may be obligated to pay given it’s proximity to the area of such a church. She has mentioned insurance. Is this really appropriate for conveyancing in Ettington
Unless a prior purchase of the house took place after 12 October 2013 you could expect lawyers delivering conveyancing in Ettington to continue to advocate a chancel search and or chancel repair liability insurance.
I have recentlybeen informed that Arc property Solicitors have closed. They conducted my conveyancing in Ettington for a purchase of a leasehold flat 10 months ago. How can I be sure that my home is registered correctly in the name of the former proprietor?
The easiest method to see if the premises is in your name, 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 Ettington conveyancing specialists.
I am a sole trader looking to take over a lease of an office on a shopping parade. Can you recommend solicitors offering competitive fees for commercial conveyancing in Ettington for below 1500k?
We can recommend firms who host a wealth of experience of commercial conveyancing in Ettington, including the sale and purchase of businesses as well as simply property. Whether you are hoping to acquire or dispose of a shop, pub, restaurant, office, retail premises or a whole business we can find you the right firm. As for the costs this will depend on the structure and terms of the proposed transaction. Let us have your details or phone so as to enable us to provide you with a fixed commercial conveyancing quote.