Having sold my house in Ladywell last June but our buyer keeps e-mailing me to moan that his lawyer needs to hear from mine. What are the post completion sale formalities now that I have sold?
Post completion of your house sale your conveyancer should forward the transfer deeds and all additional paperwork to the buyer’s conveyancer. Where appropriate, your solicitor should also evidence that the home loan has been repaid to the buyers solicitors. There are no post completion steps peculiar conveyancing in Ladywell.
What does a local search tell me about the house my wife and I purchasing in Ladywell?
Ladywell conveyancing often commences with the ordering local authority searches directly from your local Authority or through a personal search company for instance Xpress Legal The local search plays an important part in most Ladywell conveyancing purchase; as long as you wish to avoid any unpleasant surprises after you move into your property. The search should provide information on, amongst other things, details on planning applications applicable to the premises (whether granted or refused), building control history, any enforcement action, restrictions on permitted development, nearby road schemes, contaminated land and radon gas; in all a total of 13 topic sections.
I have recentlybecome aware that Action Conveyancing have closed. They conducted my conveyancing in Ladywell for a purchase of a freehold house 9 months ago. How can I check that the property is not still registered in the name of the former proprietor?
The easiest method to see if the premises is in your name, you can make a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Ladywell conveyancing specialists.
How does conveyancing in Ladywell differ for new build properties?
Most buyers of new build residence in Ladywell contact us having been asked by the seller to sign contracts and commit to the purchase even before the house is finished. This is because builders in Ladywell usually acquire 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 conveyancing solicitors 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 Ladywell or who has acted in the same development.
Due to the advice of my in-laws I had a survey completed on a house in Ladywell before appointing conveyancers. I have been informed that there is a flying freehold aspect to the house. Our surveyor advised that some lenders may not grant a loan on this type of premises.
It depends who your proposed lender is. Lloyds has different requirements from 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 accustomed to dealing with flying freeholds in Ladywell. Conveyancing may be slightly more expensive based on your lender's requirements.