Having sold my house in Paddington last July but the buyer keeps calling me complaining that their lawyer needs to hear from mine. What should my lawyer have done following completion?
After completion of your sale your solicitor should deliver the transfer documentation and all of the paperwork to the purchaser's lawyers. Depending on the transaction, your solicitor must also evidence that the mortgage has been paid off to the buyers solicitors. There is unlikely to be post completion tasks just for conveyancing in Paddington.
Various internet forums that I have frequented warn that are the main reason for stalling in Paddington house deals. Is that correct?
The Council of Property Search Organisations (CoPSO) released conclusions of a review by MoveWithUs that conveyancing searches do not feature within the common causes of hindrances in the conveyancing process. Local searches are not likely to feature in any delay in conveyancing in Paddington.
The estate agent has sent us the confirmation of our purchase of a new build flat in Paddington. Conveyancing is necessary evil at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build conveyancing.
Here are examples of a few leasehold new build questions that you should expect your new-build leasehold conveyancing in Paddington
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Forfeiture - bankruptcy or liquidation must not apply under this provision. The Lease must contain a provision on behalf of the Vendor to pay the service charges in respect of unoccupied units in order to ensure that all services can be provided. The Vendor must covenant to keep unsold units in good repair until long leases are granted therefore. Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose? Will control of the Management Company (if any) be handed over to purchasers on completion of the last sale or earlier?
Due to the guidance of my in-laws I had a survey completed on a house in Paddington ahead of retaining solicitors. I have been told that there is a flying freehold aspect to the property. My surveyor advised that some lenders may refuse to give a loan on this type of home.
It depends who your proposed lender is. Lloyds has different instructions from Nationwide. If you e-mail us we can check via the relevant lender. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Paddington. Conveyancing may be slightly more expensive based on your lender's requirements.
How easy is it to change firm as I need to find a firm on the Nottingham Building Society conveyancing list. I instructed a family conveyancing solicitor in Paddington round the corner but she is not approved by Nottingham Building Society
It would be our pleasure to assist you find a conveyancing solicitor in Paddington on the Nottingham Building Society panel. Please note that the property lawyers that we work with do not pay us commission if you instruct them and are fully regulated by the SRA who oversee all conveyancing solicitors in Paddington. In utilising search facility on this site, you can compare and instruct different solicitors and conveyancers both nationally and in Paddington.
We are seeking to acquire a repression house in Paddington and the vendor would like to complete within a month. Do conveyancers meet that timeframe? Am I best advised to select a local Paddington firm or an online firm that professes to offer speedy conveyancing?
Attend your Paddington high street. Go in to 3 companies and ask to see a conveyancing solicitor for an estimate. Set out your requirements and seek assurances on time frames. Select the one that seems most efficient. Be sure to select a property lawyer on the panel of lawyers approved by your mortgage company.