Completed the sale of my flat in Carlton last August yet the purchaser is SMS messaging every few hours to say his solicitor needs to hear from mine. What should my lawyer have done following completion?
After completion of your sale your conveyancer is duty bound to send the transfer documentation and all of the paperwork to the buyer’s solicitors. Where appropriate, your solicitor must also confirm that the home loan has been discharged to the buyers lawyers. There are no post completion procedures peculiar conveyancing in Carlton.
I have been told that property searches are the primary cause of obstruction in Carlton house deals. Is that correct?
The Council of Property Search Organisations (CoPSO) published findings of a review by MoveWithUs that conveyancing searches do not figure within the top 10 causes of hindrances during the legal transfer of property. Searches are not likely to feature in any slowing down conveyancing in Carlton.
I'm buying my first flat in Carlton with a mortgage from Chelsea Building Society. The builders refused to budge the amount so I negotiated 6k of fixtures and fittings instead. The sale representative advised me not to tell my conveyancer about this extras as it would impact my loan with Chelsea Building Society. Should I keep quiet?.
All lenders require a Disclosure of Incentives Form from the developer of any new build, converted or renovated property, It is available online from the Lenders’ Handbook page on the CML website. CML form is completed and handed to the lender's surveyor when the inspection is done.
Lenders have different policies on incentives. Some accept none at all, cash or physical, while others will accept cash incentives up to 5%.
Hard to understand why the representative of a builder would be suggesting you withold information from a solicitor when all this will be clearly visible on forms the builder has to supply to its solicitor, the buyer's solicitor and the surveyor.
Due to the guidance of my in-laws I had a survey completed on a house in Carlton ahead of appointing lawyers. I have been informed that there is a flying freehold overhang to the property. The surveyor has said that some lenders will refuse to issue a loan on a flying freehold house.
It varies from the lender to lender. Bank of Scotland has different instructions from Nationwide. Should you wish to call us we can investigate further via the relevant mortgage company. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Carlton. Conveyancing may be slightly more expensive based on your lender's requirements.
What do I do if I am not happy with the lawyer who conducted my conveyancing in Carlton?
Occasionally the level of service you receive is not as you expect, and unfortunately sometimes things do go wrong. That being said there is recourse if you were not happy with your conveyancing in Carlton. This varies from trying to resolve matters directly with them, through to reporting a conveyancer to their governing body. If you remain dissatisfied you may consider enlisting the help of the Legal Ombudsman.