Finally the sale completed on my house in Queen's Park last September yet the purchaser is e-mailing daily to say his lawyer needs to hear from mylawyer. What are the post completion sale legalities following completion?
Following your disposal your conveyancer is committed to forward the transfer documentation and all supplemental paperwork to the purchaser's lawyers. Depending on the transaction, your solicitor must also send confirmation that the legal charge in favour of the lender has been paid off to the buyers conveyancers. There are no post completion tasks specific conveyancing in Queen's Park.
I am currently in the process of buying my council flat in Queen's Park. I have a mortgage offer with RBS. 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 RBS, you will need to appoint a solicitor on the RBS conveyancing panel.
I had an offer accepted on an apartment in Queen's Park on 1/10/2025, valuation was booked 2 days later, all came back fine. Conveyancer retained, so all that was missing was my mortgage offer. Having made daily calls to UBS and chasing them on my offer, I have now been told that my offer will not be issued unless the lawyer is on the UBS conveyancing panel. Are UBS entitled to hold back the Mortgage pending the lawyer being on the approved list?
Mortgage companies tend not to not issue an offer until they have details of a lawyer on their panel. It can take a few weeks for UBS to deal with your lawyer's application to be on the UBS conveyancing panel. There's no guarantee that your solicitor will be accepted.
UBS have agreed my home loan in principle, my bid on a apartment in Queen's Park has been accepted, what happens next?
The property agent will wish to be advised as to your conveyancing practitioner's details (make sure the property lawyers are on the bank’s approved list). Telephone UBS or the financial adviser and finalise any outstanding paperwork. UBS will appoint a valuer who will get in contact with the selling agent or seller to arrange an appointment. Once carried out (assuming no problems) it takes approximately a week for the mortgage offer to be issued. UBS will issue the offer to you and your solicitors. The transaction will then take it’s course according the nature and complexity of the conveyancing in Queen's Park.
Do commercial conveyancing searches disclose planned roadworks that could affect a commercial property in Queen's Park?
Its becoming the norm that commercial conveyancing solicitors in Queen's Park will carry out a SiteSolutions Highways report as it reduces the time that conveyancers invest in sourcing accurate data on highways that impact buildings and development assets in Queen's Park. The report sets out definitive information on the adoption status of roads, footpaths and verges, as well as the implication of traffic schemes and the rights of way surrounding a commercial development sites in Queen's Park.
For every commercial conveyancing transaction in Queen's Park it is crucial to investigate the adoption status of roads surrounding a site. Failure to identify developments where adoption procedures have not been dealt with adequately could cause delays to Queen's Park commercial conveyancing transactions as well as present a risk to future plans for the site. These searches are not conducted for residential conveyancing in Queen's Park.
I am purchasing my first flat in Queen's Park benefiting from help to buy. The builders refused to budge the amount so I negotiated five thousand pounds worth of additionals instead. The sale representative advised me not reveal to my lawyer about the deal as it would adversely affect my loan with the lender. 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.
Am I better off to choose a Queen's Park conveyancing solicitor based in the area that I am hoping to buy? We have a good friend who can execute the legal work but his firm is located over three hundred miles drive away.
The primary upside of using a high street Queen's Park conveyancing practice is that you can pop in to execute paperwork, hand in your ID and pester them where appropriate. They will also have local knowledge which is a benefit. However nothing is more important than finding someone that will do a good and efficient job. If you know people who instructed your friend and the majority were content that must trump using an unknown Queen's Park conveyancing solicitor just because they are Queen's Park based.
I am buying a house and cash is in place. My conveyancer has been given with 2 separate forms of photographic ID, bank statement, multiple utility bills. Now he wants a copy from a probate lawyer acknowledging that the funds are legitimate and that it has come from inheritance and not dealing E's in Ibiza.
For some years now requires conveyancing solicitors as well as banks, building societies and other financial institutes to obtain satisfactory evidence of the identity of the client. This is because solicitors who deal with money and property on behalf of their clients can be used by criminals wishing to launder money. In order to comply with the law of money laundering, your Queen's Park conveyancing lawyer will need to obtain evidence of your identity as as well as make sure that your funds are legitimate.