Finally the sale completed on my house in Connahs Quay last January yet the purchaser is Skype messaging me complaining that their solicitor needs to hear from mine. What are the post completion sale legalities now that I have sold?
Post completion of your house sale your lawyer is committed to send the transfer deeds and all of the paperwork to the buyer’s solicitors. Depending on the transaction, your solicitor should also confirm that the mortgage has been repaid to the buyers solicitors. There are no post completion requirements unique to conveyancing in Connahs Quay.
There are plenty of conveyancing solicitors in Connahs Quay but how do I know who I should use?
Do not opt for the cheapest Connahs Quay conveyancing costs illustration. You really do get what you pay for when it comes to conveyancing solicitors. A cheap quote may mean that the conveyancing solicitor is handling a lot of jobs at one time and you won’t get the quality of service and the attention that you need. It is, however, wise to use a conveyancer who has a fixed fee on a no sale, no fee basis. This way, you go into the conveyancing with your eyes wide open.
I am helping my niece sell her house in Connahs Quay. Will the conveyancer arrange an energy assessment or it is for the seller to see to?
Following the demise of HIPs, EPC’s was kept a compulsory component of selling a house. An EPC must be to hand prior to the property being put on the market. It is not a task that law firms normally arrange. Where you are instructing a Connahs Quay conveyancing lawyer they may be willing to arrange energy performance certificates given their contacts with long established Connahs Quay energy assessors
I am buying a property in Connahs Quay. A rare aspect is that the roof has a solar panel. Yorkshire BS have issued a mortgage offer so presumably this is not a concern to them. Why is my solicitor raising questions about the panel?
Given that you are obtaining a mortgage with Yorkshire BS your lawyer must comply with the conveyancing instructions outlined in Section 2 of UK Finance Lenders’ Handbook for Yorkshire BS. The Council of Mortgage Lenders’ Handbook sets out minimum provisions for solar panel roof-space leases, and conveyancing practitioners are required to report to Yorkshire BS where a lease fails to meet these specifications. The requirements relate to the installation of panels on properties countrywide and is not restricted to Connahs Quay.
My relative suggested that where I am purchasing in Connahs Quay I should carry out a Neighbourhood, Planning and Local Amenity Search. Can you explain what the purpose of this search is?
A search of this type is sometimes quoted for as part of the standard Connahs Quay conveyancing searches. It is not a small report of more than thirty pages, listing and detailing significant information about Connahs Quay around the property and the people living there. It incorporates an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the Connahs Quay Housing Market, Council Tax Banding, the type of People living in the area, the dominant type of Housing, the Average Property Price, Crime statistics, Connahs Quay Education with maps and statistics, Local Amenities and other useful data concerning Connahs Quay.
How does conveyancing in Connahs Quay differ for new build properties?
Most buyers of new build residence in Connahs Quay approach us having been asked by the developer to exchange contracts and commit to the purchase even before the property is ready to move into. This is because builders in Connahs Quay 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 accustomed to new build conveyancing in Connahs Quay or who has acted in the same development.
I have been on the look out for a flat up to £195,000 and identified one close by in Connahs Quay I like with open areas and station nearby, the downside is that it only has 61 remaining years left on the lease. There is not much else in Connahs Quay for this price, so just wondered if I would be making a mistake acquiring a lease with such few years left?
If you need a home loan the shortness of the lease will be a potential deal breaker. Reduce the price by the amount the lease extension will cost if not already taken into account. If the existing proprietor has owned the premises for at least twenty four months you could request that they start the process of the extension and pass it to you. You can add 90 years to the existing lease and have £0 ground rent by law. You should speak to your conveyancing lawyer concerning this.