Me and my fiance are purchasing a leasehold flat in Tokyngton. My Conveyancer is not on the bank solicitor panel. Is it possible for me to retain my Tokyngton conveyancing solicitor notwithstanding that they are not on the mortgage company panel?
You must have a lawyer to deal with the legal work required when you need a mortgage to buy your home. They will carry out all the essential legal checks on the property, ensuring that you’re registered as proprietor and ensure that all the necessary mortgage paperwork is in order. You could select a Tokyngton conveyancer of your choosing. However, where the lawyer selected is not a member of the mortgage company approved list additional costs will be incurred as separate legal representation will be need by the lender. Bank panel applications can be submitted, so provided your solicitor has not historically applied for membership they should take the chance to apply.
My wife and I are soon to complete on the purchase of a property in Tokyngton but as a consequence of wreckage from a small fire at the property I have was able negotiate recompense from the seller in the sum of six thousand pounds in the form of a reduction in the price. This was going to be dealt with as part of amending the contract however Kent Reliance will not agree to this. Why were they involved?
Any property lawyer that is on a Kent Reliance approved list is obliged to disclose to Kent Reliance of any amendments to the purchase price. If you prohibit your conveyancing practitioner to notify the reduction to Kent Reliance then they would have to discontinue acting for you. In addition, Kent Reliance and you would have to appoint a new solicitor for your conveyancing in Tokyngton.
Finally the sale completed on my house in Tokyngton last August but my buyer keeps texting every few hours complaining that his conveyancer needs to hear from mine. What are the post completion sale legalities now that I have sold?
After completion of your house sale your solicitor is obliged to send the transfer deeds and all supplemental paperwork to the buyer’s conveyancer. If applicable, your solicitor must also confirm that the home loan has been repaid to the purchasers lawyers. There is unlikely to be post completion steps just for conveyancing in Tokyngton.
My partner and I are selling our house in Tokyngton and according to the buyers it appears that there is a risk of it being constructed on contaminated land. Any high street Tokyngton lawyer would know this is not the case. It does beg the question why the purchasers used an internet conveyancing firm as opposed to a conveyancing solicitor in Tokyngton. We have lived in Tokyngton for many years we know that this is a non issue. Is it a good idea to get in touch with our local Authority to obtain confirmation that the buyers are looking for.
It would appear that you have a conveyancing firm currently acting for you. Are they able to advise? You must check with 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 have todaybeen informed that Stirling Law have been shut down. They conducted my conveyancing in Tokyngton for a purchase of a leasehold flat 10 months ago. How can I establish 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 Tokyngton conveyancing specialists.
How does conveyancing in Tokyngton differ for new build properties?
Most buyers of new build residence in Tokyngton contact us having been asked by the developer to sign contracts and commit to the purchase even before the property is built. This is because house builders in Tokyngton typically purchase the real estate, 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 conveyancing solicitors 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 accustomed to new build conveyancing in Tokyngton or who has acted in the same development.