Having sold my house in Stow on the Wold last July but my buyer keeps telephoning every few hours to say their conveyancer is waiting to hear from mine. What are the post completion sale formalities following completion?
Following your house sale your conveyancer should send the transfer documentation and all additional paperwork to the buyer’s conveyancer. Where appropriate, your solicitor must also evidence that the legal charge in favour of the lender has been paid off to the purchasers conveyancers. There is unlikely to be post completion tasks just for conveyancing in Stow on the Wold.
We are expecting a mortgage offer soon. The bank mentioned the mortgage came with free conveyancing. Does this mean I have to instruct their panel conveyancer as I would prefer to appoint a high street conveyancing solicitor in Stow on the Wold?
Do check but the the probability is that appoint one of their panel conveyancers should you want the "fee-free" deal. Contact the lender to see if they offer you a monetary alternative. In the past a few lenders offered a £250 cashback as a further option in which case you could put that amount towards your preferred conveyancing solicitor near Stow on the Wold.
I am assisting my step-mother sell her house in Stow on the Wold. Will the solicitor order the EPC or should I organise this?
Following the abolition of HIPs, energy performance certificates was retained a required part of selling a property. An energy performance certificate needs to be commissioned in advance of the property being marketed. It is not something that lawyers ordinarily arrange. If you are using a Stow on the Wold conveyancing solicitor they might be willing to arrange EPC’s given their relationships with long established local providers
A relative pointed out to me me that in buying a property in Stow on the Wold there may be a number of restrictions preventing external alterations to the property. Is this right?
We are aware of a number of properties in Stow on the Wold which have some sort of restriction or requirement of consent to external changes. Part of the conveyancing in Stow on the Wold should determine what restrictions are applicable and advising you as part of a ROT that should be sent to you.
My wife and I have arranged a further advance on our mortgage from HSBC as we want to carry out alterations to our property in Stow on the Wold. Do we need to appoint a high street Stow on the Wold solicitor on the HSBC conveyancing panel to handle the paperwork?
HSBC do not ordinarily require a member of their approved list of lawyers to handle such a matter. If they do require any legal work then you would need to ensure that such a lawyer was on the HSBC conveyancing panel.
The deeds to our home are lost. The lawyers who conducted the conveyancing in Stow on the Wold 4 years ago are no longer around. Will I be able to sell the house?
Nowadays there are duplicates made of almost everything, and your conveyancer will know exactly where to locate all the appropriate paperwork so you can buy or sell your house without any difficulty. If duplicates can’t be found, your lawyer can put in place insurance or indemnities against possible claims on your premises.
I decided to have a survey done on a house in Stow on the Wold before appointing solicitors. I have been told that there is a flying freehold overhang to the property. Our surveyor advised that some banks will refuse to issue a mortgage on a flying freehold premises.
It varies from the lender to lender. Bank of Scotland has different instructions from Halifax. Should you wish to telephone us we can check with the relevant bank. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Stow on the Wold. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Stow on the Wold to see if the conveyancing costs will increase in light of this.
My husband and I are first time buyers - agreed a price, but the selling agent informed us that the vendor will only go ahead if we appoint their recommended lawyers as they are insisting on an ‘expedited deal’. Our preferred option is to instruct a local conveyancer accustomed to conveyancing in Stow on the Wold
It is unlikely the owners are behind this. Should the owner desire ‘a quick sale', taking such a hostile approach to a motivated buyer is is going to put the whole deal at risk. Bypass the agents and go straight to the owners and explain that (a)you are keen to buy (b)you are excited to move forward, with finances in place © you have nothing to sell (d) you wish to move quickly (e)however you will continue to appoint your own,trusted Stow on the Wold conveyancing firm - not the ones that will give their estate agent a referral fee or hit his conveyancing thresholds pre-set by head office.