Having sold my house in New Waltham last August but the buyer keeps calling daily complaining that their solicitor needs to hear from myconveyancer. What should have happened now that I have sold?
Post completion of your sale your conveyancer is obliged to forward the transfer deeds and all additional paperwork to the purchaser's lawyers. Depending on the transaction, your lawyer must also evidence that the mortgage has been discharged to the purchasers conveyancers. There are no post completion formalities specific conveyancing in New Waltham.
We are buying a apartment in New Waltham. I might seem paranoid but how we can trust a lawyer? On completion day we will need to deposit our life savings into their account. What protection do we have from them run away with our deposit?
Be assured that all money in a Solicitors client account is 100% safe, and even if your Solicitor ran off with it, the Law Society would reimburse you fully.
What is your number one tip for choosing a conveyancing solicitor in New Waltham
We would encourage you not to base your choice on the cheapest New Waltham conveyancing costs illustration. You really do get what you’re paying for when it comes to conveyancing solicitors. A cheap quote may mean that the conveyancing solicitor is handling a lot of jobs at one time and you won’t get the quality of service and the attention that you need. It is, however, wise to use a conveyancer who has a fixed fee on a no sale, no fee basis. This way, you know exactly what you’ll have to pay in ahead of time.
I am currently in the process of buying my council flat in New Waltham. I have a mortgage agreed with Coventry BS. Conveyancing is not something I have any knowledge of. Can I proceed without a solicitor easily? I think we can but we keep being told I should have one. Any advice?
It is not advisable to proceed with a house purchase without a solicitor. The council's solicitor are not acting for you. You need a solicitor for a number reasons. One of which is to verify what plans the Council have for repairs and refurbishment for the next five years. Many leaseholders have been stung for contributions of thousands of pounds. In any event, if you are getting a mortgage with Coventry BS, you will need to appoint a solicitor on the Coventry BS conveyancing panel.
My colleague suggested that where I am buying in New Waltham I should carry out a Neighbourhood, Planning and Local Amenity Search. What does it cover?
A search of this type is usually included in the estimate for your New Waltham conveyancing searches. It is a large document of more than thirty pages, listing and detailing important information about New Waltham around the property and the people living there. It incorporates an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the New Waltham Housing Market, Council Tax Banding, the demographics of People living in the area, the dominant type of Housing, the Average House Prices, Crime statistics, New Waltham Education with plans and statistics, Local Amenities and other useful information concerning New Waltham.
How does conveyancing in New Waltham differ for new build properties?
Most buyers of new build or newly converted property in New Waltham approach us having been asked by the developer to sign contracts and commit to the purchase even before the residence is constructed. This is because new home sellers in New Waltham tend to acquire the real estate, 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 used to new build conveyancing in New Waltham or who has acted in the same development.
I've recently found out that there is a flying freehold issue on a house I put an offer in last month in what was supposed to be a quick, chain free conveyancing. New Waltham is the location of the property. Can you shed any light on this issue?
Flying freeholds in New Waltham are unusual but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside New Waltham you must be sure that your lawyer goes through the deeds very carefully. Your lender may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in New Waltham may determine that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold property.
A licensed conveyancer acted on my conveyancing in New Waltham half a dozen years past and was holding my title documents but has since been shut down – What can I do to get hold of them?
Title deeds, as such, no longer exist as the majority of homes in New Waltham are recorded electronically at Land Registry. If you need to establish evidence of proprietorship or are selling or refinancing your solicitor will need to obtain up to date copies of the register from the Land Registry in any case.
If you feel there may be other documents or you have any other queries please e-mail your request with details of the transaction and documents you need to filerequest@clc-uk.org. The CLC will let you know what information they have and any additional information they may need before they are in a position to identify and send the documents to you. Following an intervention it may take some time for the CLC to access archived files and documents, but your request will be actioned as quickly as possible.