Having sold my house in Tonbridge last December but my buyer keeps SMS messaging every few hours to moan that her lawyer is waiting to hear from myconveyancer. What should my lawyer have done following completion?
Following your house sale your lawyer is obliged to deliver the transfer deeds and all of the paperwork to the purchaser's lawyers. Depending on the transaction, your lawyer should also evidence that the legal charge in favour of the lender has been paid off to the purchasers lawyers. There is unlikely to be post completion formalities specific conveyancing in Tonbridge.
My conveyancer has informed me that flying freehold insurance is necessary on my purchase. What is the level of cover for Tonbridge conveyancing?
The appropriate level of flying freehold indemnity insurance should be dictated by who your lender. It would differ for example between Nationwide Building Society and Leeds Building Society. Conveyancing solicitors as opposed to members of the public take out such policies.
Is it the case that all Tonbridge solicitor practices on the TSB conveyancing panel are governed by the SRA?
As a firm of solicitors, in order to be on the TSB conveyancing panel they would need to be governed by the Solicitors Regulatory Authority. The majority of mortgage companies do permit licenced conveyancers on their panel in which case such organisation would be governed by the Council of Licensed Conveyancers.
Completion of my purchase has taken place for my property in Tonbridge. Conveyancing was satisfactory but I would like to complain about the lender. How does one go about formally complaining?
Almost all banks and building societies have complaints procedures. Your first point of contact should be one of the lender’s branches or the Customer Services Team at head office. We understand that complaints to a lender are sorted out very quickly. If you feel the matter is not resolved you can write to Financial Ombudsman Service, South Quay Plaza, 183 Marsh Wall, London E14 9SR who will take matters further.
Various online forums that I have come across warn that are the number one cause of delay in Tonbridge conveyancing transactions. Is that correct?
The Council of Property Search Organisations (CoPSO) published determinations of research by MoveWithUs that conveyancing searches do not feature within the common causes of hindrances during the legal transfer of property. Searches are unlikely to feature in any slowing down conveyancing in Tonbridge.
How does conveyancing in Tonbridge differ for newly converted properties?
Most buyers of new build property in Tonbridge approach us having been asked by the developer to exchange contracts and commit to the purchase even before the premises is finished. This is because house builders in Tonbridge usually acquire 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 Tonbridge or who has acted in the same development.
I am using a search engine for the term conveyancing in Tonbridge it shows results of many conveyancerslocally. How do I determine which is the suitable conveyancing solicitor for the sale of my house?
The preferential way of seeking a suitable conveyancer is via personal testimonial, so enquire of colleagues and those you trust who have purchased a property in Tonbridge or the respected estate agent or mortgage broker. Fees for conveyancing in Tonbridge differ, so it's a good idea to request at least four fee calculations from varying types of companies. Make sure that you know that the costs are assured not to rise.
I am in need of some leasehold conveyancing in Tonbridge. Before I set the wheels in motion I want to be sure as to the unexpired term of the lease.
Assuming the lease is recorded at the land registry - and almost all are in Tonbridge - then the leasehold title will always include the short particulars of the lease, namely the date; the term; and the original parties. From a conveyancing perspective such details then enable any prospective buyer and lender to confirm that any lease they are looking at is the one relevant to that title. For any other purpose, such as confirming how long the term was granted for and calculating what is left, then the register should be sufficient on it's own.
Leasehold Conveyancing in Tonbridge - Examples of Questions you should consider Prior to Purchasing
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The answer will be useful as a) areas could cause problems for the block as the communal areas may start to deteriorate where repairs remain unpaid b) if the leasehold owners have an issue with the managing agents you will want to know about it How many of the leaseholders are in arrears for their service charge payments? Who are the managing agents?