Finally the sale completed on my house in Groby last February yet the purchaser is e-mailing every few hours complaining that his solicitor needs to hear from mysolicitor. What are the post completion sale formalities following completion?
Following your house sale your solicitor should send the transfer deeds and all of the paperwork to the buyer’s conveyancer. Where appropriate, your conveyancer must also evidence that the legal charge in favour of the lender has been discharged to the purchasers conveyancers. There is unlikely to be post completion formalities just for conveyancing in Groby.
I used Wolstenholmes several years past for my conveyancing in Groby. Now, I need my files however the law firm has closed. What do I do?
You should call the Solicitors Regulatory Authority (SRA) to help locate your conveyancing files. They can be contacted on please contact on 0870 606 2555. Alternatively, you should use their online form to make an enquiry. You will need to provide the SRA with as much information as possible to assist their search, including the name and address in Groby of the conveyancing firm of solicitors you previously hired, the name of conveyancing solicitor with whom you had dealings, and the date on which you last had dealings with the firm.
I am buying a new build house in Groby benefiting from help to buy. The builders refused to move on the price so I negotiated five thousand pounds worth of extras instead. The sale representative advised me not disclose to my solicitor about the deal as it would affect my loan with the lender. Should I keep quiet?.
All lenders require a Disclosure of Incentives Form from the builder 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.
How do I search for a Groby solicitor on the Platform Home Loans Ltd conveyancing panel? I have wheels and am willing to travel upto 10miles to meet the solicitor.
You can use the tool on this website. Please select a mortgage company and your location and you will see a number of Groby conveyancing lawyers locally. We have listed some Groby conveyancing firms at the bottom of this page and you can telephone them to check if they are on the Platform Home Loans Ltd panel
My uncle has suggested that I instruct his conveyancers in Groby. Should I use them?
There are no two ways about it the ideal way to find a conveyancing practitioner is to have referrals from friends or family who have actually experience in using the conveyancer that you are are thinking of instructing.
We own a leasehold flat in Groby. Conveyancing was finalised in 2009. I have read on a number of advice forums that I should not allow the lease length get too low. What is the reasoning?
Groby leasehold properties are for a fixed period - usually 99 years when they commenced. However many appartments in Groby were constructed or converted in the 60’s and so such leases now have under 80 years remaining. This may seem like plenty of time however Banks, Building Societies and other mortgage lenders on the whole need leases to have at least 75 years remaining to adequate security. This means that when you come to sell the property you will need to extend the term of your lease if you are nearing eighty years. To increase the saleability of your property you should be considering whether or not to extend your lease well in advance of selling the property. There are also significant benefits to doing so before the lease reaches even eighty years as when the lease is less than 80 years the amount you have to pay to extend starts to escalate.