Finally the sale completed on my house in Montacute last September but the buyer keeps calling every few hours to say her conveyancer is waiting to hear from mine. What are the post completion sale legalities now that I have sold?
Post completion of your sale your lawyer is committed to forward the transfer deeds and all supplemental paperwork to the buyer’s solicitors. Where relevant, your conveyancer should also evidence that the legal charge in favour of the lender has been redeemed to the buyers conveyancers. There is unlikely to be post completion requirements peculiar conveyancing in Montacute.
Our mortgage company has recommended a law firm on their panel based in Montacute but I would rather choose a conveyancing lawyer in Montacute round the corner to me. Can you help?
It is by no means the case that all Montacute conveyancing practices are approved and listed on all lender’s conveyancing panel. Do make the most of our find an approved solicitor tool to locate a Montacute conveyancing conveyancer on the on the bank panel.
I need some quick conveyancing in Montacute as I am faced with pressure to complete inside one month. Luckily I do not require a mortgage. Can I escape the need for conveyancing searches to save money and time?
As you are are a mortgage free buyer you are at free not to do searches although no conveyancer would recommend that you don't. With lots of history conveyancing in Montacute the following are instances of issues that can appear and therefore affect future mortgageability: Refused Planning Applications, Overdue Fees, Outstanding Grants, Unadopted Roads,...
How does conveyancing in Montacute differ for newly converted properties?
Most buyers of new build property in Montacute contact us having been asked by the builder to exchange contracts and commit to the purchase even before the premises is constructed. This is because developers in Montacute usually purchase 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 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 Montacute or who has acted in the same development.
I decided to have a survey completed on a house in Montacute before instructing conveyancers. I have been advised that there is a flying freehold overhang to the property. Our surveyor has said that some mortgage companies tend refuse to give a loan on this type of home.
It varies from the lender to lender. Bank of Scotland has different requirements from Birmingham Midshires. Should you wish to call us we can check via the relevant mortgage company. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Montacute. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Montacute to see if the conveyancing will be more expensive.