Finally the sale completed on my house in Wem last July but my buyer keeps calling daily complaining that her solicitor is waiting to hear from mylawyer. What are the post completion sale legalities now that I have sold?
Following your disposal your solicitor is committed to deliver the transfer documentation and all of the paperwork to the buyer’s lawyers. Where appropriate, your lawyer must also confirm that the legal charge in favour of the lender has been repaid to the buyers lawyers. There are no post completion tasks just for conveyancing in Wem.
I am mortgaging my flat in Wem, does my lawyer have to be on the HSBC Conveyancing panel?
In theory, you could use a solicitor that is not on the HSBC conveyancing panel, but HSBC would require one of their panel solicitors to be instructed to act in their interests, and you'd have to pay for this - so most people instruct a panel solicitor. It's also easier, as otherwise you'd have to deal with two solicitors for the same conveyancing matter.
It has been 3 months following my purchase conveyancing in Wem completed. I have checked the Land Registry website which shows that I paid £150,000 when infact I paid £160,000. Why the discrepancy?
The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the property from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.
The estate agent has sent us the confirmation of our purchase of a new build apartment in Wem. Conveyancing is a frightening process at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build legal work.
Set out below are examples of a selection of leasehold new build questions that you should expect your new-build leasehold conveyancing in Wem
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Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose? Investor purchasers must be able to freely grant unsecured tenancies at market rents without requiring any consents. There must be mutual enforceability of lessee’s covenants. 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. Please supply evidence that the form of Lease proposed has been approved by the Land Registry.
Is it possible to switch solicitor as I have to find one who is on the The Royal Bank of Scotland conveyancing panel. I hired a local conveyancing solicitor in Wem five minutes from me but she is not accepted by The Royal Bank of Scotland
We will our best to assist in finding you a conveyancing solicitor in Wem on the The Royal Bank of Scotland panel. Please note that the solicitors that we list do not pay us commission if you instruct them and are authorised and regulated by the Solicitors Regulation Authority who oversee all conveyancing solicitors in Wem. In utilising search facility on this page, you can contrast charges for conveyancing solicitors in Wem and beyond.
When it comes to my conveyancing in Wem should I be paying VAT on the following: (1) Land reg fee on purchase (2) Pre - completion search fee (3) SDLT E submission on purchase (4) Bank TT fee
(1) Land reg fee on purchase - No (2) Pre - completion search fees -No, (such conveyancing searches are HMLR ones and means £4 and possibly £2 bankruptcy per name on your mortgage) (3) SDLT E submission on your purchase - There is no VAT on Stamp Duty. However if the firm is charging a stamp duty e-submission fee as part of their services - some Wem conveyancers do - that will incur VAT(4) Bank transfer fee - Yes it is for the property lawyer's time in submitting the funds this way.