Finally the sale completed on my house in Aylesbury last January but the buyer keeps SMS messaging every few hours to moan that their solicitor is waiting to hear from myconveyancer. What should have happened following completion?
After completion of your house sale your conveyancer is committed to deliver the transfer documentation and all additional paperwork to the purchaser's solicitors. Where relevant, your solicitor must also evidence that the legal charge in favour of the lender has been discharged to the buyers lawyers. There are no post completion requirements specific conveyancing in Aylesbury.
I am being advised by my solicitor that missing deeds insurance is necessary on my purchase. What is the level of cover for Aylesbury conveyancing?
The right level of missing deeds indemnity insurance depends on who your lender is. It would differ for example between Barclays and Leeds Building Society. Conveyancing solicitors as opposed to borrowers take out such policies.
Is it the case that all Aylesbury CQS (Conveyancing Quality Scheme) solicitors are on the Virgin Money conveyancing list of approved practices?
A selection of lenders now make use of CQS as the starting point for Panel membership such as HSBC and Santander. The Law Society’s CQS accreditation however is no guarantee to lender panel acceptance. Nevertheless,the CML have indicated that it is likely to become a pre-requisite for firms wishing to remain on their panels.
I have today made my last payment due on my mortgage with Clydesdale. I assume I don't need a Aylesbury property lawyer on the Clydesdale panel to discharge the mortgage at the Land Registry. Am I right?
If you have finished paying off your Clydesdale mortgage, they may send you evidence showing that you have paid it off. Alternatively they may notify the Land Registry directly. The Land Registry need to see this evidence before they will remove the Clydesdale mortgage from the register. Clydesdale, and any evidence they send you, will determine the action you need to take. In cases where no conveyancer is acting for you and you have paid off your mortgage:
- but are not moving to another property
- where Clydesdale has sent the Land Registry the discharge electronically, and
- Clydesdale has instructed the Land Registry to do so
I require fast conveyancing in Aylesbury as I am under pressure to sign on the dotted line in less than 4 weeks. A mortgage is not required. Can I escape the need for conveyancing searches to save money and time?
If.Given you are are a cash buyer you are at liberty not to have searches conducted although no solicitor would advise that you don't. Drawing on years of experience of conveyancing in Aylesbury the following are examples of issues that can crop up and adversely impact market value: Enforcement Notices, Overdue Fees, Overdue Grants, Railway Schemes,...
My husband and I are one month into a leasehold purchase having been recommend to conveyancers by the high street agent to do our conveyancing in Aylesbury. We are not happy. Could you you assist me in finding new conveyancers?
They would have to be really bad to suggest replacing them. Has the loan offer been sent? If so you must advise them of the new contact details and have the mortgage documents are issued to the new lawyers. Your new solicitor ideally needs to be on the lenders approved list to avoid added charges and delays. So that should be your first question of the new conveyancers. The find a solicitor tool will assist you in finding a bank approved lawyer for your home move in Aylesbury
Fiveweeks into a sale of a flat in Aylesbury. Conveyancing lawyers are doing their job but we are being charged an extortionate amount from the managing agents. So far we have issued a cheque for £237 for a leasehold management information and then another £118 for additional queries raised by the purchaser's property lawyer.
Neither you or your lawyer will have any say over the level of the bill for this information but the typical fee for the information for Aylesbury leasehold property is £350. When it comes to Aylesbury conveyancing transactions it is conventional for the seller to pay for these costs. The freeholder or their agents are under no legal obligation to answer such questions most will be content to do so - albeit often at exorbitant prices out of proportion to the work involved. Regretfully there is no legislation that requires capped fees for administrative tasks. Nor is there any set time limit by which they are duty bound to issue answers.