My wife and I are soon to exchange on the purchase of a house in Whimple but as a result of damage from a small fire at the property I have managed to agree recompense from the seller of three thousand pounds in the form of a adjustment in the price. This was going to be dealt with as part of the conveyancing process however Yorkshire BS will not agree to this. Why were they involved?
Your conveyancer that is on a Yorkshire BS approved list is duty bound to disclose to Yorkshire BS of any variations to the purchase price. If you were to refuse your property lawyer to report the reduction to Yorkshire BS then they would have to discontinue acting for you. In addition, Yorkshire BS and you would have to appoint a new conveyancing practitioner for your conveyancing in Whimple.
Having sold my house in Whimple last March but the buyer keeps e-mailing me to say her conveyancer is waiting to hear from mine. What should my lawyer have done now that I have sold?
Following your sale your solicitor is duty bound to forward the transfer deeds and all additional paperwork to the buyer’s lawyers. If applicable, your conveyancer should also send confirmation that the mortgage has been redeemed to the buyers lawyers. There is unlikely to be post completion steps peculiar conveyancing in Whimple.
My wife and I are buying a house in Whimple. I might seem paranoid but how we can trust a lawyer? At some point we will need to deposit money into their account. What is the protection we have from them run away with our monies?
Be assured that all money in a Solicitors client account is 100% safe, and even if your Solicitor ran off with it, the Law Society would reimburse you fully.
Completion of my purchase has taken place for my property in Whimple. Conveyancing was satisfactory but I would like to complain about the lender. How do I make a complaint?
All banks and building societies have complaints procedures. Your first port of call should be one of the lender’s branches or the Customer Services Department at head office. We understand that complaints to a lender are resolved effectively and efficiently. 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.
After months of negotiation I have agreed a price on an apartment in Whimple. My financial adviser pressured me to appoint their conveyancing practitioner. I paid an upfront payment of £200. Not long after, the solicitor contacted me embarrassingly acknowledging that they were not on the Principality conveyancing panel. Am I right in thinking that I should be due a refund?
You should be able to recover this from the law firm if they were not on the Principality panel. They should have asked at the outset which lender you were obtaining a mortgage with. An important lesson to readers of this site is to check that the lawyers are on the appropriate lender panel.
I've recently found out that there is a flying freehold issue on a house I have offered on two weeks back in what should have been a straight forward, chain free conveyancing. Whimple is where the house is located. Can you shed any light on this issue?
Flying freeholds in Whimple are not the norm but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Whimple you must be sure that your lawyer goes through the deeds diligently. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Whimple may decide that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold residence.
What does commercial conveyancing in Whimple cover?
Whimple conveyancing for business premises incorporates a broad range of guidance, offered by qualified solicitors, relating to business property. For instance, this area of conveyancing can cover the sale or purchase of freehold business premises or, more commonly, the transfer of existing leases or the drafting of new leasing arrangements. Commercial conveyancing solicitors can also offer advice on the sale of business assets, commercial loans and the termination of leases.
I have just started marketing my 2 bed flat in Whimple.Conveyancing has not commenced but I have just had a half-yearly service charge invoice – Do I pay up?
Your conveyancing lawyer is likely to suggest that you should clear the maintenance contribution as you normally would as all rents and service invoices will be apportionedon completion, so you will be reimbursed by the buyer for the period running from after the completion date to the subsequent invoice date. Most managing agents will not acknowledge the buyer until the service charges have been paid and are up to date so it is important for both buyer and seller for the seller to show that they are up to date. Having a clear account will assist your cause and will leave you no worse off financially