Completed the sale of my flat in Rothbury last February yet the purchaser is calling me to moan that her conveyancer needs to hear from mine. What should have happened following completion?
Following your sale your conveyancer should deliver the transfer deeds and all additional paperwork to the buyer’s solicitors. Where appropriate, your conveyancer should also evidence that the legal charge in favour of the lender has been paid off to the buyers solicitors. There is unlikely to be post completion formalities just for conveyancing in Rothbury.
What is the optimum way to investigate if the solicitor carrying out my conveyancing in Rothbury is on the bank’sapproved panel? I am looking to avoid the situation of having one lawyer for me and one for The Royal Bank of Scotland thus paying £175.00 in further conveyancing costs.
Please do make use of the search tool on this site. Pick the mortgage company and type ‘Rothbury’ or your location and you will discover numerous conveyancers located in Rothbury or near you.
I have been told that property searches are the number one reason for obstruction in Rothbury house deals. Is there any truth in this?
The Council of Property Search Organisations (CoPSO) has noted the findings of a review by MoveWithUs that conveyancing searches do not figure amongst the most frequent causes of hindrances during the legal transfer of property. Local searches are not likely to be the root cause of delay in conveyancing in Rothbury.
Me and my brother own a terraced Victorian property in Rothbury. Conveyancing lawyer acted for me and Nationwide Building Society. I happened to do a free search for it on the Land Registry database and I saw two entries: the first freehold, the second leasehold with the matching address. If a house is not a freehold shouldn't I have been informed?
You should read the Freehold register you have again and check the Charges Register as there may be mention of a lease. The best way to be sure that you are also the registered proprietor of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Rothbury and other locations in the country and poses no real issues for owners other than when they sell they have to account for both freehold and leasehold interests when dealing with mortgage companies. You can also check the position with the conveyancing lawyer who conducted the conveyancing.
I'm purchasing my first flat in Rothbury with a loan from Yorkshire Building Society. The builders refused to move on the amount so I negotiated five thousand pounds worth of fixtures and fittings instead. The house builders rep suggested that I not disclose to my lawyer about this deal as it will adversely affect my mortgage with Yorkshire Building Society. Should I keep quiet?.
All lenders require a Disclosure of Incentives Form from the builder 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.
If instructed can a conveyancer remove someone from the title of my property in Rothbury ?
Extracting or adding someone to the title of your property is relatively straightforward. You’ll need to appoint a solicitor to discuss your legal rights before you can proceed with a transfer of property. Contact us to book a free consultation with one a conveyancing practitioner