Having sold my house in Cotswolds last June but the buyer keeps e-mailing daily complaining that her conveyancer is waiting to hear from mine. What are the post completion sale formalities following completion?
After completion of your disposal your solicitor is committed to deliver the transfer deeds and all additional paperwork to the buyer’s conveyancer. Where relevant, your conveyancer should also confirm that the mortgage has been discharged to the purchasers lawyers. There are no post completion requirements unique to conveyancing in Cotswolds.
My aunt passed away 10 months ago and as sole heir and executor I was left the property in Cotswolds. The house had a small mortgage remaining of approximately £5k. I want to transfer the title deeds into my name whilst I re-mortgage to Kent Reliance, pay off the mortgage. Is this allowed?
If you intend to refinance then Kent Reliance will insist on your using a conveyancer on the Kent Reliance conveyancing panel. Here is link to the Land Registry online guidance around what to do when a property owner dies. This will help you to understand the registration process behind changing the details re the registered title. in your case it would appear that you are effectively purchasing the property from the estate. Your Kent Reliance conveyancing panel solicitor pays the new mortgage money into the estate, the estate pays off the old mortgage, the charge is released and you become the owner and the Kent Reliance mortgage is registered as a charge at the Land Registry.
My friend advised me that if I am buying in Cotswolds I should ask my conveyancer to perform a Neighbourhood, Planning and Local Amenity Search. What does it cover?
A search of this type is sometimes included in the estimate for your Cotswolds conveyancing searches. It is not a small document of about 40 pages, listing and detailing significant information about Cotswolds around the property and the people living there. It includes an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the local Housing Market, Council Tax Banding, the demographics of People living in the area, the dominant type of Housing, the Average Property Price, Crime statistics, Cotswolds Education with maps and statistics, Local Amenities and other useful information concerning Cotswolds.
Due to the advice of my in-laws I had a survey completed on a property in Cotswolds prior to instructing solicitors. I have been informed that there is a flying freehold overhang to the property. Our surveyor has said that some banks tend refuse to give a loan on such a property.
It depends who your proposed lender is. Lloyds has different instructions from Halifax. Should you wish to call us we can check with the relevant bank. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Cotswolds. Conveyancing may be slightly more expensive based on your lender's requirements.
How do I locate a Cotswolds law firm on the Barclays Direct conveyancing panel? I have wheels and am prepared to travel upto 10miles to meet the conveyancer.
Feel free to make use of the facility on this website. Please choose the mortgage company and your location and you will see a number of Cotswolds conveyancing lawyers located nearest you. We have detailed some Cotswolds conveyancing firms towards the end of this page and you can contact them to verify whether they are on the Barclays Direct member panel