Having sold my house in Sherwood last April but the buyer keeps Skype messaging every few hours to say her lawyer is waiting to hear from mine. What are the post completion sale legalities now that I have sold?
Post completion of your sale your solicitor is obliged to deliver the transfer documentation and all additional paperwork to the purchaser's lawyers. Where relevant, your conveyancer should also confirm that the home loan has been redeemed to the buyers conveyancers. There is unlikely to be post completion tasks unique to conveyancing in Sherwood.
This question may be naive but I am new to the process as a 1st time buyer of a two bedroom flat in Sherwood. Do I collect the keys to the premises on completion from my solicitor? If so, I will use a High Street conveyancing solicitor in Sherwood?
On the day of completion you will not be required to attend the conveyancers office in Sherwood. Conveyancing lawyers for you will arrange to send the purchase money to the owner’s lawyers, and once they have received this, you will be able to collect the keys from the property Agents and move into your new home. This tends to happen between 1 and 3pm.
I recently had an offer agreed on an apartment in Sherwood. My financial adviser recommended their conveyancers. I paid an upfront payment of £200. Soon after, the lawyer called me embarrassingly acknowledging that they were not on the Virgin Money conveyancing panel. Am I right in thinking that I should be due a refund?
You should be able to recover this from the law firm if they were not on the Virgin Money panel. They should have asked at the outset which lender you were obtaining a mortgage with. An important lesson to readers of this site is to check that the lawyers are on the appropriate lender panel.
About to purchase flat in Sherwood. I have received an online quote from a licenced conveyancer, which states: "There will be no charge for dealing with the Lender if you are obtaining a mortgage". I take this to mean that there will be no additional fee if the solicitor is on the Principality conveyancing panel. I wanted to make sure it means there will be no additional fees for dealing with the mortgage.
They are simply saying that the cost for acting for the lender is included in the fee being quoted. It is worth you checking that the Sherwood lawyer is on the Principality conveyancing panel.
Should my conveyancer be raising enquiries regarding flooding as part of the conveyancing in Sherwood.
The risk of flooding is if increasing concern for lawyers carrying out conveyancing in Sherwood. There are those who acquire a property in Sherwood, completely aware that at some time, it may be flooded. However, aside from the physical damage, where a property is at risk of flooding, it may be difficult to get a mortgage, adequate insurance cover, or dispose of the premises. There are steps that can be taken during the course of a property purchase to forewarn the buyer.
Conveyancers are not qualified to offer advice on flood risk, but there are a various checks that may be carried out by the buyer or on a buyer’s behalf which should figure out the risks in Sherwood. The conventional set of information supplied to a purchaser’s lawyer (where the Conveyancing Protocol is adopted) contains a usual question of the vendor to discover whether the premises has suffered from flooding. In the event that the premises has been flooded in past and is not revealed by the owner, then a purchaser could bring a claim for damages as a result of such an incorrect reply. A buyer’s conveyancers will also carry out an environmental search. This should indicate whether there is any known flood risk. If so, additional investigations will need to be conducted.
Despite weeks of looking the Title Certificate and documents to my house can not be found. The lawyers who did the conveyancing in Sherwood 5 years ago no longer exist. What are my options?
You no longer need to hold title deeds to evidence that you are the registered proprietor of land or property, given that the Land Registry hold details of all registered land or property electronically.
I have been on the look out for a leasehold apartment up to £305k and identified one near me in Sherwood I like with a park and railway links in the vicinity, however it's only got 52 remaining years left on the lease. There is not much else in Sherwood in this price bracket, so just wondered if I would be making a grave error purchasing a short lease?
If you need a mortgage that many years will be problematic. Reduce the offer by the expected lease extension will cost if not already taken into account. If the existing owner has owned the premises for at least twenty four months you can request that they start the process of the extension and then assign it to you. You can add 90 years to the current lease term and have £0 ground rent by law. You should speak to your conveyancing solicitor regarding this.
My husband and I are FTB’s - agreed a price, but the agent has warned us that the vendor will only proceed if we appoint the agent's recommended conveyancers as they want an ‘expedited deal’. We would rather use a local solicitor with experience of conveyancing in Sherwood
We suspect that the seller is unaware of this request. If they desire ‘a quick sale', alienating a motivated buyer is counter productive. Speak to the owners direct and make sure they understand (a)you are keen to buy (b)you are ready to go, with mortgage lined up © you are chain free (d) you wish to move quickly (e)but you intend to instruct your own,trusted Sherwood conveyancing solicitors - rather thanthe ones that will earn their negotiator at the agency a introducer fee or achieve conveyancing figures pre-set by corporate headquarters.