Finally the sale completed on my house in South Shields last May but our buyer keeps texting daily to say their solicitor is waiting to hear from mysolicitor. What are the post completion sale formalities following completion?
After completion of your house sale your conveyancer is committed to deliver the transfer deeds and all supplemental paperwork to the purchaser's conveyancer. Depending on the transaction, your conveyancer must also evidence that the home loan has been repaid to the purchasers conveyancers. There is unlikely to be post completion formalities peculiar conveyancing in South Shields.
My lawyer in South Shields is not on the Aldermore Solicitor Panel. Is it possible for me to use my family solicitor notwithstanding that they are excluded from the Aldermore approved list?
Your options are as follows:
- Complete the purchase with your existing South Shields lawyers but Aldermore will need to instruct a solicitor on their panel. This will inevitably rack up the overall conveyancing fees and cause delays.
- Find an alternative practitioner to act in the conveyancing, remembering to check they are on the Aldermore panel
I'm at the point of viewing apartments in South Shields and I am now considering a potential offer. Is it premature to have a solicitor in place? I am planning to take a home loan with Yorkshire BS.
You should start obtaining conveyancing quotes from solicitors ASAP. Once you decide who you want to use and once your offer is accepted you can instruct them to work for you and forward their contact information on to the EA. As you are seeking a mortgage with Yorkshire BS, ask your prospective lawyers if they are on the Yorkshire BS conveyancing panel otherwise they can't do the mortgage legal work.
I have paid off my mortgage with Principality. I assume I don't need a South Shields solicitor on the Principality panel to remove the mortgage at the Land Registry. Please confirm.
If you have finished paying off your Principality mortgage, they may send you evidence showing that you have paid it off. Alternatively they may notify the Land Registry directly. The Land Registry need to see this evidence before they will remove the Principality mortgage from the register. Principality, and any evidence they send you, will determine the action you need to take. In cases where no conveyancer is acting for you and you have paid off your mortgage:
- but are not moving to another property
- where Principality has sent the Land Registry the discharge electronically, and
- Principality has instructed the Land Registry to do so
After what seems like an age I have had an offer on a maisonette in South Shields accepted, the owners do nevertheless have a connected purchase. The owners have put an offer on a property, but it’s not been accepted yet, and are looking at other flats in the pipeline. I have selected a bricks and mortar conveyancing solicitor in South Shields. What do I do now? When should I get the mortgage application with UBS going?
It is understandable to have anxieties where there is a chain as you are unlikely to want to be too out of pocket too early (mortgage application is in the region of one thousand pounds, then valuation, South Shields conveyancing search costs, etc). First, you must check that your property lawyer is on the UBS approved list. Concerning the next steps this very much depends on the circumstances of your transaction, motivation for the property and on the state of the market. During a buoyant market some purchasers would apply for the mortgage with UBS and arrange for the valuation and only if it was satisfactory would they request their conveyancing practitioner to proceed with searches.
What can a local search inform me about the house we're purchasing in South Shields?
South Shields conveyancing often commences with the applying for local authority searches directly from your local Authority or via a personal search company for example Xpress Legal The local search plays an important part in most South Shields conveyancing purchase; that is if you wish to avoid any nasty surprises after you move into your new home. The search should supply information on, amongst other things, details on planning applications relevant to the premises (whether granted or refused), building control history, any enforcement action, restrictions on permitted development, nearby road schemes, contaminated land and radon gas; in all a total of thirteen topic headings.
I have justbecome aware that Stirling Law have been shut down. They conducted my conveyancing in South Shields for a purchase of a leasehold flat 12 months ago. How can I be sure that the property is in my name in the name of the previous owner?
The easiest method to check if the premises is in your name, you can carry out a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of South Shields conveyancing specialists.
The estate agent has sent us the confirmation of our purchase of a new build apartment in South Shields. Conveyancing is a frightening process at the best of times but I have never purchased a new build flat before. What sort of enquires would be 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 South Shields
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If there are lifts in the building, please confirm that the owners of flats on the ground and basement floors will not be required to contribute towards the cost of maintenance and renewal. Investor purchasers must be able to freely grant unsecured tenancies at market rents without requiring any consents. 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. Where service of notices and proceedings can be at the property demised please confirm that this can be amended to include simultaneous services at the Lessees’ solicitors’ offices where the Lessee from time to time is not resident in the UK - such solicitors may be varied by notice in writing to the Landlord from time to time but otherwise will be as previously specified.