Having sold my house in Lewes last February yet the purchaser is whats apping daily to say her solicitor is waiting to hear from mylawyer. What are the post completion sale formalities following completion?
After completion of your sale your solicitor should forward the transfer deeds and all additional paperwork to the purchaser's conveyancer. Where appropriate, your solicitor must also confirm that the legal charge in favour of the lender has been redeemed to the buyers solicitors. There are no post completion requirements specific conveyancing in Lewes.
Various internet forums that I have frequented warn that are the primary cause of stalling in Lewes house deals. Is there any truth in this?
The Council of Property Search Organisations (CoPSO) published conclusions of a review by MoveWithUs that conveyancing searches do not figure within the common causes of hindrances during the legal transfer of property. Local searches are unlikely to feature in any holding up conveyancing in Lewes.
3 months have elapsed since my purchase conveyancing in Lewes concluded. I have checked the Land Registry site which shows that I paid £200,000 when infact I paid £170,000. Why the discrepancy?
The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the residence from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.
How does conveyancing in Lewes differ for new build properties?
Most buyers of new build or newly converted property in Lewes come to us having been asked by the housebuilder to sign contracts and commit to the purchase even before the house is completed. This is because builders in Lewes usually acquire the site, 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 used to new build conveyancing in Lewes or who has acted in the same development.
Hoping to buy a property located in Lewes and I am already nervous. I couldn't find anything specific about Lewes. Conveyancing will be needed in due course but do you know about the Lewes area? or perhaps some other tips you can share?
Rather than looking online forget looking online you should go and have a look at Lewes. In the meantime here are some basic statistics that we found