It has come to my attention via my mortgage adviser that my Old Woking solicitor is not on the bank Solicitor panel. What can I do to be sure that this is correct?
The best course of action for you to take is to contact your Old Woking lawyer directly. You lawyer should advise you what has happened. If they are not on the panel they could put your in touch with solicitors on the approved list of lawyers for your mortgage company.
The owners have very assertive sellers who has suggested a lock out agreement with a deposit of 5k. Are such agreements sensible?
Lock out agreements are contracts binding a home owner and purchaser granting the buyer a ‘clear field’ to purchase the premises within a prescribed time frame. Essentially, a lock out is a document specifying that you will have a contract at a later time which is the main conveyancing contract. It is generally used for buyer assurance though in some cases, the proprietor may stand to benefit from such agreements as well. There are various pros and cons to using them but you should to check with your lawyer but beware that it may result in incurring more in conveyancing fees. For these reasons these contracts are avoided in relation to conveyancing in Old Woking.
Completed the sale of my flat in Old Woking last September yet the purchaser is SMS messaging me complaining that his conveyancer needs to hear from mine. What are the post completion sale legalities following completion?
Following your house sale your solicitor should deliver the transfer documentation and all supplemental paperwork to the buyer’s conveyancer. If applicable, your conveyancer should also confirm that the home loan has been discharged to the purchasers solicitors. There are no post completion formalities specific conveyancing in Old Woking.
We are close to exchanging contracts on the sale of our home in Old Woking and according to the buyers it appears that there is a risk of it being built land that was not decontaminated. Any local conveyancer would know that there is no such problem. It does beg the question why the buyers used a factory type conveyancing firm as opposed to a conveyancing solicitor in Old Woking. Having lived in Old Woking for three years we know that this is a non issue. Should we get in touch with our local Authority to seek clarification need.
It sounds as though you may have a conveyancing solicitor already. Are they able to advise? You must check with 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)
Despite weeks of looking the Title Certificate and documents to our house can not be found. The lawyers who dealt with the conveyancing in Old Woking 5 years ago are no longer around. What are my options?
As long as you have a registered title the information relating to your proprietorship will be held by the Land Registry with a Title Number. It is possible to carry out a search at the Land Registry, identify your property and get current copies of the property title for a small fee. If the title is Leasehold then the Land Registry will usually hold a certified copy of the Registered Lease and again, a copy can be obtained for twenty pounds.
Me and my fiance are expecting to complete on the purchase a house in Old Woking but as a consequence of wreckage from the recent storms I have agreed reparation from the owner of five thousand pounds taking the form of a reduction in the price. This was going to be dealt with as part of the conveyancing process however my lender will not permit this. Should they have been involved?
The property lawyer that is on the lender approved list is duty bound to inform the mortgage company of any amendments to the sale amount. In the event that you prohibit your property lawyer to report the price change to your mortgage company then they would have no choice but to disinstructing themselves from acting for you and the mortgage company.