Having sold my house in Downton last March but my buyer keeps e-mailing me to say his solicitor is waiting to hear from mine. What are the post completion sale formalities following completion?
Post completion of your house sale your solicitor should forward the transfer documentation and all supplemental paperwork to the purchaser's solicitors. Where relevant, your solicitor should also send confirmation that the legal charge in favour of the lender has been discharged to the buyers lawyers. There is unlikely to be post completion requirements unique to conveyancing in Downton.
I am mortgaging my flat in Downton, does my lawyer need to be on the Barclays Conveyancing panel?
There is nothing to stop you using your solicitor, but Barclays will insist on their interests being represented by a firm on their conveyancing panel. There is greater potential for delays and confusion with an additional lawyer added to the mix, and it will undoubtedly be more expensive too.
Have just purchased a repossessed house at auction in Downton. Conveyancing is required. What is next?
Now that you have legally committed yourself to purchase you now have to hire the services of a conveyancing lawyer as a matter of priority as you are faced with a fast approaching a drop dead date to complete the deal. Every auction property will have a corresponding auction pack. This will likely include most,if not all of the documents that your solicitor will need. Where you are dealing with leasehold premises the conveyancing papers should contain a copy of the lease, management information and a sellers leasehold information form and other conveyancing documentation relating to leasehold premises. You should hand this to the solicitor working for you ASAP. You also need to ensure that you have funds in order to complete on the on the contractual date .
My fiancee and I are in the process of looking at flats in Downton and I am now considering a potential offer. Is it wise to have a conveyancer on ‘stand by’? I am planning to take a mortgage with Barclays.
It would be wise to start your search sooner rather than later. Once you decide who you want to use and once your offer is accepted you can instruct them to work for you and pass their contact information on to the selling agent. As you are obtaining a mortgage with Barclays, make sure you remember to check that your lawyer is on the Barclays conveyancing panel.
Intending to buy a house in Downton. I have received an online quote from a licenced conveyancer, which states: "There will be no charge for dealing with the Lender if you are obtaining a mortgage". I take this to mean that there will be no additional fee if the solicitor is on the Barclays conveyancing panel. I wanted to make sure it means there will be no additional fees for dealing with the mortgage.
They are simply saying that the cost for acting for the lender is included in the fee being quoted. It is worth you checking that the Downton lawyer is on the Barclays conveyancing panel.
I require quick conveyancing in Downton as I am under an ultimatum to sign on the dotted line inside one month. Thankfully I do not require a mortgage. Can I decline from having conveyancing searches to save fees and time?
As you are not getting a home loan you are at liberty not to have searches carried out although no lawyer would suggest that you don't. Drawing on years of experience of conveyancing in Downton the following are instances of issues that can be revealed and therefore affect future saleability: Refused Planning Applications, Outstanding Fees, Outstanding Grants, Railway Schemes,...
Due to the guidance of my in-laws I had a survey completed on a house in Downton ahead of appointing lawyers. I have been informed that there is a flying freehold element to the property. Our surveyor advised that some lenders may refuse to grant a loan on this type of home.
It varies from the lender to lender. Lloyds has different instructions for example to Birmingham Midshires. Should you wish to call us we can check with the relevant mortgage company. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Downton. Conveyancing will be smoother if you use a solicitor in Downton especially if they are accustomed to such properties in Downton.