Completed the sale of my flat in Bodfari last April yet the purchaser is e-mailing daily complaining that his conveyancer needs to hear from mylawyer. What should have happened following completion?
After completion of your house sale your solicitor is duty bound to send the transfer documentation and all supplemental paperwork to the purchaser's lawyers. If applicable, your lawyer should also send confirmation that the mortgage has been discharged to the purchasers solicitors. There is unlikely to be post completion formalities just for conveyancing in Bodfari.
When it comes to lenders such as Leeds Building Society, do Bodfari property lawyers face a yearly amount to be on the list of approved solicitors?
We are not aware of any mortgage company fees to register on their list of approved firms, although some do charge an administration charge to deal with the processing of the conveyancing panel application.
I am purchasing a property in Bodfari. An unusual aspect is that the roof has a solar panel. Solicitors conducting should look into this right? Will my lender Nationwide be concerned?
As you are obtaining a mortgage with Nationwide your lawyer must comply with the conveyancing requirements outlined in Section 2 of UK Finance Lenders’ Handbook for Nationwide. The Council of Mortgage Lenders’ Handbook contains minimum requirements for solar panel roof-space leases, and conveyancing practitioners are required to report to Nationwide where a lease fails to comply with these requirements. The specifications relate to the installation of panels on properties countrywide and is not restricted to Bodfari.
Completion of my purchase has taken place for my property in Bodfari. Conveyancing was of an acceptable standard but I would like to complain about the lender. How do I make a complaint?
All lenders have complaints procedures. Your first port of call should be one of the lender’s branches or the Customer Care Team at head office. Ordinarily complaints to a lender are sorted out effectively and efficiently. However if you are not satisfied that the matter is not resolved you can write to Financial Ombudsman Service with full details of your complaint.
four months have gone by following my purchase conveyancing in Bodfari completed. I have checked the Land Registry website which shows that I paid £175,000 when infact I paid £180,000. 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 residence 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.
How does conveyancing in Bodfari differ for new build properties?
Most buyers of new build premises in Bodfari come to us having been asked by the seller to exchange contracts and commit to the purchase even before the residence is ready to move into. This is because new home sellers in Bodfari 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 used to new build conveyancing in Bodfari or who has acted in the same development.
I am a sole trader looking to take an assignment of a lease of an office on the high street. Can you recommend lawyers offering no-sale-no fees for non-domestic conveyancing in Bodfari for below 1500k?
We are happy to recommend firms who host a wealth of experience of commercial conveyancing in Bodfari, including the sale and purchase of businesses as well as simply premises. Whether you are intending to purchase or sell a shop, pub, restaurant, office, retail premises or a complete business we will put you in touch with the right solicitor. Regarding the costs these will vary based on the structure and terms of the proposed transaction. Let us have your contact information or call so as to enable us to furnish you with comprehensive commercial conveyancing calculation.