Finally the sale completed on my house in Flamborough last July yet the purchaser is telephoning every few hours complaining that their solicitor is waiting to hear from mylawyer. What are the post completion sale legalities now that I have sold?
After completion of your disposal your lawyer should deliver the transfer documentation and all supplemental paperwork to the purchaser's conveyancer. If applicable, your lawyer must also confirm that the legal charge in favour of the lender has been discharged to the purchasers lawyers. There are no post completion formalities specific conveyancing in Flamborough.
Is it the case that all Flamborough CQS (Conveyancing Quality Scheme) solicitors are on the TSB conveyancing panel?
Some major lenders now make use of the accreditation scheme as the starting point for Panel approval such as HSBC and Santander. CQS membership however gives no guarantee to lender panel acceptance. Nevertheless,the Council of Mortgage Lenders have indicated that it is likely to become a pre-requisite for solicitors wishing to join their panels.
We previously selected solicitors locally in Flamborough on the UBS solicitor approved list. They have just invoiced me a further charge for handling the UBS mortgage. Is this a supplemental conveyancing fee set by UBS?
Unfortunately, as long as it is in their Terms and Conditions or Quote then yes your solicitor can charge a fee for this. The fee is not set by UBS but by your Flamborough conveyancing practitioner. Plenty of firms on the UBS panel will levy ’dealing with mortgage’ fee and others do not.
I am expecting a OIP from Clydesdale this week so we can work out what to offer on a property we like as otherwise we are dependent on web based calculators (which aren't taking into account credit checks etc). Do Clydesdale recommend any Flamborough solicitors on the Clydesdale conveyancing panel, or is it better to find our own lawyer?
You will need to appoint Flamborough solicitors independently although you'll need to choose one on the Clydesdale conveyancing panel. The solicitor represents both you and Clydesdale through the process.
I have been told that property searches are the main reason for delay in Flamborough conveyancing transactions. Is that correct?
The Council of Property Search Organisations (CoPSO) released findings of a review by MoveWithUs that conveyancing searches do not feature amongst the common causes of hindrances during the legal transfer of property. Local searches are unlikely to be the root cause of delay in conveyancing in Flamborough.
I have recentlybeen informed that Arc property Solicitors have closed. They conducted my conveyancing in Flamborough for a purchase of a leasehold flat 10 months ago. How can I check that the property is not still registered in the name of the previous owner?
The quickest method to see if the premises is in your name, you can carry out 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 Flamborough conveyancing specialists.
How does conveyancing in Flamborough differ for new build properties?
Most buyers of new build premises in Flamborough approach us having been asked by the builder to sign contracts and commit to the purchase even before the residence is finished. This is because builders in Flamborough typically buy the site, 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 accustomed to new build conveyancing in Flamborough or who has acted in the same development.
I decided to have a survey completed on a house in Flamborough ahead of retaining conveyancers. I have been informed that there is a flying freehold aspect to the property. The surveyor advised that some banks tend refuse to issue a loan on such a house.
It varies from the lender to lender. Santander has different instructions for example to Nationwide. Should you wish to call us we can check with the relevant mortgage company. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Flamborough. Conveyancing will be smoother if you use a solicitor in Flamborough especially if they are acquainted with such properties in Flamborough.