Finally the sale completed on my house in Highams Park last March yet the purchaser is whats apping every few hours to moan that his conveyancer is waiting to hear from mine. What should my lawyer have done following completion?
Post completion of your sale your solicitor should send the transfer documentation and all of the paperwork to the buyer’s lawyers. If applicable, your conveyancer must also send confirmation that the legal charge in favour of the lender has been discharged to the purchasers conveyancers. There is unlikely to be post completion procedures peculiar conveyancing in Highams Park.
Forgive me if this question is silly but I am unseasoned as a first time purchaser of a ground floor flat in Highams Park. Do I collect the keys to the house on the completion date from my lawyer? If so, I will instruct a local conveyancing solicitor in Highams Park?
There is no need to visit the lawyers office on the day of completion. Conveyancing lawyers for you will electronically transfer the purchase money to the seller's lawyers, and shortly after the monies have arrived, you will be able to collect the keys from the selling Agents and start moving into the property. Usually this happens early afternoon.
My fiancee and I are in the process of viewing apartments in Highams Park and I am about to put in an offer. Should I already have a property lawyer appointed at this stage? I will be getting a home loan with Bank of Ireland.
You should start requesting conveyancing estimates from solicitors ASAP. After you have chosen your lawyer and once your offer is accepted you can instruct them to work for you and forward their details on to the EA. Given that you are seeking a mortgage with Bank of Ireland, ask your prospective lawyers if they are on the Bank of Ireland conveyancing panel otherwise they can't do the mortgage legal work.
I was told three weeks ago that my mortgage has been agreed to by Leeds Building Society. Is it usual for Leeds Building Society to only issue the offer once my solicitor in Highams Park is approved on their conveyancing panel? Leeds Building Society have asked my solicitor to see a copy of their Professional Indemnity Insurance Schedule.
A lender would not issue a mortgage until they have details of a lawyer on their panel. It can take a few weeks for Leeds Building Society to deal with your lawyer's application to be on the Leeds Building Society conveyancing panel. There's no guarantee that your solicitor will be accepted.
I am selling our property in Highams Park and the buyers lawyers are claiming that there is a risk of it being constructed land that was not decontaminated. Any high street Highams Park lawyer would know this is not the case. It does beg the question why the buyers instructed a nationwide conveyancing practice rather than a conveyancing solicitor in Highams Park. We have lived in Highams Park for three years we know of no issue. Should we contact our local Authority to obtain clarification need.
It would appear that you have a conveyancing lawyer currently acting for you. What do they say? You need to enquire of your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out life insurance to cover that same ailment)
I have todaybeen informed that Stirling Law have been shut down. They conducted my conveyancing in Highams Park for a purchase of a freehold house 12 months ago. How can I establish that my home is not still registered in the name of the former proprietor?
The easiest way to check if the property 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 Highams Park conveyancing specialists.
I'm purchasing my first flat in Highams Park with a mortgage from The Mortgage Works. The sellers would not reduce the price so I negotiated 6k of extras instead. The sale representative told me not to tell my solicitor about the extras as it would put at risk my loan with The Mortgage Works. 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 UK Finance website. UK Finance 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.
Is it best to use a Highams Park conveyancing lawyer based in the location that I am buying? An old friend can handle the conveyancing however his firm is located 200kilometers drive away.
The primary upside of using a high street Highams Park conveyancing firm is that you can pop in to sign paperwork, hand in your identification documents and apply pressure on them if necessary. They will also have local knowledge which is a benefit. That being said it's more important to get someone that will do a good and efficient job. If you know people who instructed your friend and on the whole were impressed that must outweigh using an unfamiliar Highams Park conveyancing solicitor solely due to them being local.