Having sold my house in Burnopfield last November yet the purchaser is whats apping me to say his lawyer needs to hear from mysolicitor. What should my lawyer have done following completion?
After completion of your disposal your solicitor is obliged to send the transfer deeds and all of the paperwork to the purchaser's lawyers. If applicable, your lawyer must also send confirmation that the legal charge in favour of the lender has been repaid to the buyers lawyers. There are no post completion tasks peculiar conveyancing in Burnopfield.
My wife and I are purchasing a house in Burnopfield. I might seem paranoid but how we can trust a conveyancer? At some point we have to deposit money into their account. What is the protection we have from them run away with our deposit?
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.
Are all Burnopfield Conveyancing Quality Solicitors on the Kent Reliance conveyancing list of approved solicitors?
Some major lenders now utilise the accreditation scheme as the kick off point for Panel approval such as HSBC and Santander. The Law Society’s CQS accreditation however gives no guarantee to lender panel acceptance. Nevertheless,the Council of Mortgage Lenders have indicated that it is likely to become a pre-requisite for firms wishing to join their approved list of firms.
My offer was accepted on an apartment in Burnopfield on 27/12/2018, valuation was booked 4 days later, all came back fine. Solicitor appointed, so all that was missing was my mortgage offer. Having made daily calls to Leeds Building Society and chasing them on my offer, I have now been told that my offer will not be issued unless the lawyer is on the Leeds Building Society conveyancing panel. Are Leeds Building Society entitled to hold back the Mortgage pending the lawyer being on the approved list?
A lender would not issue a mortgage until they have details of a lawyer on their panel. It can take a few weeks for Leeds Building Society to deal with your lawyer's application to be on the Leeds Building Society conveyancing panel. There's no guarantee that your solicitor will be accepted.
3 months have gone by since my purchase conveyancing in Burnopfield concluded. I have checked the Land Registry site which shows that I paid £200,000 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 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 Burnopfield differ for new build properties?
Most buyers of new build or newly converted property in Burnopfield contact us having been asked by the seller to exchange contracts and commit to the purchase even before the house is ready to move into. This is because builders in Burnopfield typically buy 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 conveyancers 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 Burnopfield or who has acted in the same development.
My brother purchased his flat in Burnopfield 9 years ago. He has got married, divorced and has recently married again. He will be marketing the flat this October. I believe he will simply be requested to supply copies of the marriage certificates to the property lawyer but he is anxious it could delay the home sale. Should he instruct a conveyancer to update the Land Registry details for the property?
You are not required to bring up to date the register as long as you have the proof required to demonstrate how the change of name has come about.
Any buyer’s conveyancer will review the title details and need evidence to prove the name change for example marriage documentation.