Finally the sale completed on my house in Thames View last March yet the purchaser is SMS messaging every few hours complaining that his conveyancer is waiting to hear from mine. What are the post completion sale formalities now that I have sold?
Following your sale your lawyer is duty bound to forward the transfer deeds and all supplemental paperwork to the buyer’s conveyancer. Where relevant, your conveyancer must also evidence that the home loan has been discharged to the buyers solicitors. There are no post completion requirements specific conveyancing in Thames View.
My house in Thames View is up for sale and I have accepted an offer. Will my lawyer need to be on the Principality conveyancing panel in order to deal with repayment of my mortgage?
Ordinarily, even if your lawyer is not on the Principality conveyancing panel they can still act for you on your sale. It might be that the lender will not release the original deeds (if applicable and increasingly irrelevant) until after the mortgage is paid off. You should speak to your lawyer directly before you start the process though to ensure that there is no problem as lenders are changing their requirements fairly frequently at the moment.
This question may be naive but I am new to the house moving as FTB of a two bedroom flat in Thames View. Do I pick up the keys to the property on completion from my solicitor? If so, I will instruct a High Street conveyancing solicitor in Thames View?
On the day of completion you do not need to attend the conveyancers office in Thames View. Your solicitors will electronically transfer the purchase money to the owner’s conveyancers, and shortly after the monies have arrived, you will be invited to pick up the keys from the property Agents and move into your new home. This tends to happen between 1 and 3pm.
Is it the case that all Thames View solicitor practices on the Coventry BS conveyancing panel are overseen by the Solicitors Regulatory Authority?
As solicitors, in order to be on the Coventry BS approved list of solicitors they would need to be regulated by the SRA. Many lenders do list licenced conveyancers on their panel and in such a situation the organisation would be governed by the CLC.
I have instructed a Thames View conveyancer having made sure that they are on the Santander conveyancing panel. Does my lawyer arrange the survey of the property?
Santander will need an independent valuation of the property. Your lawyer will not arrange this. Usually Santander will appoint their own surveyor to do this, and you will have to pay for it. Remember that this is a valuation for mortgage purposes and not a survey. You may wish to consider appointing your own Thames View surveyor to carry out a survey or prepare a home buyers report on the property. It is up to you to satisfy yourself that the property is structurally sound before you buy it. If the survey or report reveals that building work is needed, you should tell your solicitor. You may wish to renegotiate with the seller.
I have recentlydiscovered that Stirling Law have closed. They conducted my conveyancing in Thames View for a purchase of a freehold house 9 months ago. How can I check that my home is not still registered in the name of the previous owner?
The quickest method to check if the property 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 Thames View conveyancing specialists.
I'm purchasing my first flat in Thames View benefiting from help to buy. The developers refused to budge the amount so I negotiated £7000 of fixtures and fittings instead. The sale representative advised me not to tell my solicitor about the extras as it will adversely affect my mortgage with the bank. Is this normal?.
All lenders require a Disclosure of Incentives Form from the developer 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.
I am thinking of appointing a conveyancing lawyer in Thames View for my house move. Is it possible to check a firm’s complaints history with the legal regulator?
Members of the public can see presented Solicitor Regulator Association (SRA) determinations resulting from investigations from 2008 onwards. Go to Check a solicitor's record. To find details about the period before 1 January 2008, or to check a firm's record, telephone 0870 606 2555, 08.00 - 18.00 any week day save for Tuesday when lines open at 9.30am. International callers, use +44 (0)121 329 6800. The SRA could monitor call for training purposes.