Finally the sale completed on my house in Llandysul last September but our buyer keeps texting daily complaining that their lawyer is waiting to hear from myconveyancer. What should have happened now that I have sold?
Following your sale your solicitor is committed to send the transfer documentation and all additional paperwork to the buyer’s lawyers. Where relevant, your lawyer must also confirm that the mortgage has been redeemed to the buyers solicitors. There are no post completion requirements specific conveyancing in Llandysul.
Despite weeks of looking the Title Certificate and documents to our house are lost. The lawyers who conducted the conveyancing in Llandysul 4 years ago are no longer around. What are my options?
You no longer need to hold title official documentation to establish that you are the owner of your registered land or premises, given that the Land Registry hold details of all registered land or property electronically.
I am purchasing my first flat in Llandysul with the aid of help to buy. The sellers refused to move on the amount so I negotiated £7000 of additionals instead. The house builders rep suggested that I not to tell my solicitor about the extras as it could put at risk my mortgage with the bank. Do I keep my lawyer in the dark?.
All lenders require a Disclosure of Incentives Form from the developer 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.
I opted to have a survey done on a house in Llandysul ahead of instructing lawyers. I have been told that there is a flying freehold overhang to the property. My surveyor has said that some lenders tend not issue a mortgage on this type of home.
It varies from the lender to lender. HSBC has different requirements from Halifax. If you e-mail us we can check via the relevant mortgage company. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Llandysul. Conveyancing may be slightly more expensive based on your lender's requirements.
My brother has encouraged me to use his conveyancing solicitors in Llandysul. Should I use them?
There are no two ways about it the best way to choose a conveyancing lawyer is to get guidance from friends or relatives who have actually previously instructed the solicitor that you are are thinking of instructing.
My wife and I accepted an offer on a Llandysul house left to us seven years ago in 2010. I have over a decades worth of conveyancing experience and, now retired, intend to undertake my own legal work. The buyer's conveyancer has informed me that their building society will not allow you to do your own conveyancing insisting the funds to be sent to a solicitor's bank account.
Lending instructions to conveyancing practitioners from all mainstream lenders state that If the seller is not legally represented the buyer’s lawyers should check whether the bank needs to be informed so that a decision can be made if they are willing to proceed.