Finally the sale completed on my house in Market Bosworth last July but our buyer keeps calling daily to say her lawyer needs to hear from mine. What are the post completion sale formalities following completion?
Following your sale your conveyancer should send the transfer deeds and all of the paperwork to the buyer’s lawyers. Depending on the transaction, your solicitor should also evidence that the legal charge in favour of the lender has been redeemed to the buyers solicitors. There are no post completion requirements peculiar conveyancing in Market Bosworth.
What will a local search tell me regarding the property we're purchasing in Market Bosworth?
Market Bosworth conveyancing often commences with the submitting local authority searches directly from your local Authority or via a personal search organisations for instance Searches UK The local search is essential in every Market Bosworth conveyancing purchase; as long as you wish to avoid any nasty once you have moved into your property. The search should reveal data on, amongst other things, details on planning applications applicable to the property (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 subject areas.
Are there restrictive covenants that are commonly picked up during conveyancing in Market Bosworth?
Restrictive covenants can be picked up when reviewing land registry title as part of the process of conveyancing in Market Bosworth. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’
I decided to have a survey carried out on a property in Market Bosworth prior to instructing lawyers. I have been advised that there is a flying freehold aspect to the property. My surveyor has said that some mortgage companies tend not issue a loan on a flying freehold house.
It varies from the lender to lender. Santander has different instructions from Halifax. If you call us we can look into this further with the appropriate mortgage company. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Market Bosworth. Conveyancing will be smoother if you use a solicitor in Market Bosworth especially if they are acquainted with such properties in Market Bosworth.
We are seeking to acquire a repossessed flat in Market Bosworth and the vendor require completion inside a month. Can a conveyancing practitioner meet that timeframe? Would it be better to select a local Market Bosworth firm or an online firm that professes to complete quickly?
Attend your Market Bosworth shopping parade. Pop in to 3 companies and ask to talk to a conveyancing solicitor for an estimate. Set out your situation and seek assurances on time frames. Appoint the one that appears most genuine. You need to choose a property lawyer on the panel of conveyancers approved by your mortgage company.