Finally the sale completed on my house in Hindhead last October but our buyer keeps e-mailing daily to moan that her solicitor is waiting to hear from mine. What are the post completion sale legalities following completion?
Following your sale your conveyancer is obliged to forward the transfer documentation and all of the paperwork to the buyer’s solicitors. Depending on the transaction, your solicitor must also evidence that the mortgage has been paid off to the purchasers lawyers. There is unlikely to be post completion formalities unique to conveyancing in Hindhead.
I am purchasing a property and require a conveyancing solicitor in Hindhead who is on the Nationwide Building Society conveyancing. Could you point me in the right direction as regards a firm?
Our service is limited to being a directory service for firms who wish to listed as being on the approved conveyancing panel for Nationwide Building Society in certain locations such as Hindhead. We dont recommend any particular firm.
Forgive me if this question is silly but I am wet behind the ears as FTB of a ground floor flat in Hindhead. Do I pick up the keys to the property on the completion date from my conveyancer? If so, I will use a High Street conveyancing solicitor in Hindhead?
On the day of completion you will not be required to attend the conveyancers office in Hindhead. Conveyancing lawyers for you will electronically transfer the purchase money to the seller's lawyers, and once they have received this, you should be able to pick up the keys from the property Agents and start moving into the property. This tends to happen early afternoon.
I am due to exchange contracts on my flat. I had a double glazing fitted in July 2010, but did not receive a FENSA certificate or Building Regulation Certificate. My purchaser’s lender, Coventry BS are being a right pain. The Hindhead solicitor who is on the Coventry BS conveyancing panel is recommending indemnity insurance as a solution but Coventry BS are insisting on a building regulation certificate. Why do Coventry BS have a conveyancing panel if they don't accept advice from them?
It is probably the case that Coventry BS have referred the matter to their valuer. The reason why Coventry BS may not want to accept indemnity insurance is because it does not give them any reassurance that the double glazing was correctly and safely installed. The indemnity insurance merely protects against enforcement action which is very unlikely anyway.
Our offer on a property in Hindhead has been accepted, but there is a chain. The vendors have offered on somewhere, however it’s not been accepted yet, and are looking at other flats booked. I have selected a nearby conveyancing solicitor in Hindhead. What should be my next step? At what stage should I apply for the mortgage with HSBC?
It is usual to have concerns where there is a chain as you are unlikely to want to incur costs too early (mortgage application is approx £1k, then valuation, Hindhead conveyancing search costs, etc). First, you should ensure that your conveyancing practitioner is on the HSBC conveyancing panel. Regarding the next phase this very much depends on the circumstances of your transaction, motivation for the property and on the state of the market. In a rising market some buyers will apply for a home loan with HSBC and arrange for the valuation and only if it comes back ok would they request their conveyancer to move forward with the conveyancing in Hindhead.
I decided to have a survey done on a property in Hindhead in advance of retaining conveyancers. I have been advised that there is a flying freehold element to the house. The surveyor advised that some banks may refuse to issue a loan on a flying freehold property.
It varies from the lender to lender. HSBC has different instructions from Halifax. If you e-mail us we can check via the appropriate lender. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Hindhead. Conveyancing will be smoother if you use a solicitor in Hindhead especially if they are acquainted with such properties in Hindhead.
I have been pointed in your direction by numerous estate agents in Hindhead to find a property lawyer on your site. What’s the financial inducement for Estate Agents to market your lawyers ahead of a competitor’s?
We refuse to make any financial incentive for sending work our way. We thought it would be too underhand a fee as home movers will think, ‘How come the agent getting a kickback? Why am I not receiving any benefit too?’ So we decided to step away from that.