Having sold my house in Booker last December yet the purchaser is e-mailing daily to moan that his conveyancer needs to hear from mysolicitor. What are the post completion sale formalities following completion?
After completion of your sale your solicitor is obliged to forward the transfer documentation and all supplemental paperwork to the buyer’s solicitors. If applicable, your solicitor should also evidence that the mortgage has been repaid to the purchasers conveyancers. There are no post completion tasks specific conveyancing in Booker.
When it comes to mortgage companies such as Kent Reliance, do Booker property lawyers incur a yearly amount to be on the conveyancing panel?
We are unaware of any mortgage company fees to register on their panel, although some do charge an administration charge to deal with the processing of the conveyancing panel application.
We expect to receive a OIP from Virgin Money this week so we can work out what to offer on a property we like as otherwise we are dependent on web based calculators (which aren't taking into account credit checks etc). Do Virgin Money recommend any Booker solicitors on the Virgin Money conveyancing panel, or is it better to go independently?
You will need to appoint Booker solicitors independently although you'll need to choose one on the Virgin Money conveyancing panel. The solicitor represents both you and Virgin Money through the process.
I am due to exchange contracts on my apartment. I had a double glazing fitted in April 2008, but did not receive a FENSA certificate or Building Regulation Certificate. My buyer's lender, UBS are being difficult. The Booker solicitor who is on the UBS conveyancing panel is happy to accept ‘lack of building regulation’ insurance but UBS are insisting on a building regulation certificate. Why do UBS have a conveyancing panel if they don't accept advice from them?
It is probably the case that UBS have referred the matter to their valuer. The reason why UBS may not want to accept indemnity insurance is because it does not give them any reassurance that the double glazing was correctly and safely installed. The indemnity insurance merely protects against enforcement action which is very unlikely anyway.
About to purchase a new build apartment in Booker. Conveyancing is necessary evil 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 is a sample of a few leasehold new build enquiries that you can expect your new-build leasehold conveyancing in Booker
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Investor purchasers must be able to freely grant unsecured tenancies at market rents without requiring any consents. Where service of notices and proceedings can be at the property demised please confirm that this can be amended to include simultaneous services at the Lessees’ solicitors’ offices where the Lessee from time to time is not resident in the UK - such solicitors may be varied by notice in writing to the Landlord from time to time but otherwise will be as previously specified. The Landlord must covenant to assume the management if the Management Company goes into liquidation or otherwise defaults in running the management scheme. Where there is an Undertaking being granted there is the risk of forfeiture of the Headlease subject to relief if one or more of the Underlessees are willing to accept the original Head Lessee’s obligations as otherwise relief will be denied to the Underlessees. The only alternatives are the Head Lessor agreeing not to forfeit the Headlease or the Head Lessee guaranteeing to the Underlessees that it will not be in breach of the Headlease.
I have been advised by a few estate agents in Booker to find a conveyancer using your seach tool. What’s the financial inducement for Estate Agents to promote your lawyers rather than another?
We refuse to make any referral fee for directing people to this site. We found it would be just too difficult to pay a commission as members of the public would think, ‘Why is the agent getting a kickback? Why aren’t I receiving any benefit too?’ So we decided to step away from that.
My step-father has suggested that I appoint his conveyancing solicitors in Booker. Do I take his advice?
Much as we are happy to recommend a Booker conveyancing lawyer the ideal way to find a conveyancing practitioner is to get recommendations from friends or family who have previously instructed the conveyancer that you are considering.