Finally the sale completed on my house in Shenley Brook End last January but our buyer keeps Skype messaging every few hours to moan that her lawyer is waiting to hear from mine. What are the post completion sale formalities now that I have sold?
After completion of your disposal your solicitor should send the transfer documentation and all additional paperwork to the purchaser's conveyancer. Where appropriate, your solicitor must also confirm that the legal charge in favour of the lender has been paid off to the purchasers solicitors. There are no post completion requirements just for conveyancing in Shenley Brook End.
My wife and I are planning on selling our property in Shenley Brook End and the buyers lawyers are claiming that there is a possibility that the property was built on contaminated land. A high street Shenley Brook End conveyancer would know this is not the case. It does beg the question why the purchasers instructed a national conveyancing outfit rather than a conveyancing solicitor in Shenley Brook End. We have lived in Shenley Brook End for 5 years we know that this is a non issue. Should we get in touch with our local Authority to get clarification that there is no issue.
It sounds as though you may have a conveyancing firm currently acting for you. What do they say? You should enquire of 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 health insurance to cover that same sickness)
I got the keys to my apartment on 12 April and my personal details is not yet on the land registry website. Any reason for this? My conveyancing solicitor in Shenley Brook End advises it should be concluded in a couple of weeks. Are properties in Shenley Brook End uniquely lengthy to register?
There is nothing unique when it comes to conveyancing in Shenley Brook End registration formalities. As opposed to being determined by geographic area, timescales can vary depending on the party submitting the application, whether there are errors and whether the Land registry need to notify any third parties. Currently roughly three quarters of submission are fully addressed in less than three weeks but some can be subject to longer hold-ups. Registration is effected after the buyer has moved in to the premises so 'speed' is not always an essential issue yet where it is urgent that the the registration takes place urgently then you or your conveyancer could contact the land registry and explain the circumstances.
How does conveyancing in Shenley Brook End differ for newly converted properties?
Most buyers of new build or newly converted property in Shenley Brook End contact us having been asked by the developer to exchange contracts and commit to the purchase even before the residence is built. This is because new home sellers in Shenley Brook End usually acquire the site, 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 property lawyers 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 Shenley Brook End or who has acted in the same development.
I decided to have a survey completed on a house in Shenley Brook End before instructing conveyancers. I have been informed that there is a flying freehold element to the house. The surveyor advised that some mortgage companies tend refuse to give a mortgage on a flying freehold home.
It depends who your proposed lender is. Bank of Scotland has different instructions from Halifax. If you call us we can investigate further with the appropriate bank. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Shenley Brook End. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Shenley Brook End to see if the conveyancing will be more expensive.
I have read on a number of online forums that before choosing a conveyancing solicitors they need approved by your bank. I am first time buyer with but I have an offer in principle via Virgin Money and I already have a high street conveyancing solicitor in Shenley Brook End at the ready. Will Virgin Money insist on an approved solicitor to be instructed? If so, where can I find that list for my conveyancing in Shenley Brook End?
You should choose a solicitor that is on the Virgin Money panel. The first thing to do is ring your preferred Shenley Brook End conveyancing lawyer to check if they are on the Virgin Money panel. If they are not approved you have numerous choices available to you here:
- Carry on with your existing Shenley Brook End conveyancer but Virgin Money will no doubt appoint a property lawyer from their approved panel. The net result is additional charges and probable frustration.
- Choose a fresh lawyer to act in the purchase, making sure they are on the Virgin Money conveyancing panel.
- Convince your property lawyer to pull out all the stops to get accepted on the Virgin Money conveyancing panel.