Our conveyancer has identified a a legal deficiency with the lease for the property we are purchasing in Newquay. The other side have suggested title insurance as a solution. We are content with insurance and will cover the costs. Our lawyer has advised that he must be satisfied that the mortgage company is willing to move forward with this solution. Are we the client or is the mortgage company ?
Notwithstanding that you have a mortgage offer from the bank does not mean to say that the property will meet their specifications for the purposes of a mortgage. Your lawyer has to ensure that the lease has to comply with the UK Finance Lenders’ Handbook specifications. You and the lender are the client. The appropriate lender specifications have to be complied with.
Completed the sale of my flat in Newquay last May but my buyer keeps telephoning every few hours complaining that his conveyancer needs to hear from myconveyancer. What are the post completion sale formalities following completion?
Post completion of your sale your conveyancer should deliver the transfer documentation and all additional paperwork to the purchaser's conveyancer. Depending on the transaction, your conveyancer should also evidence that the mortgage has been repaid to the buyers lawyers. There are no post completion steps peculiar conveyancing in Newquay.
I need some quick conveyancing in Newquay as I have pressure to sign on the dotted line in less than one month. A home loan is not required. Can I escape the need for conveyancing searches to save fees and time?
If.Given you are are a cash buyer you are at free not to do searches although no lawyer would recommend that you don't. Drawing on our experience of conveyancing in Newquay the following are instances of what can crop up and adversely affect future saleability: Enforcement Notices, Outstanding Fees, Outstanding Grants, Unadopted Roads,...
I used Arc property Solicitors several years past for my conveyancing in Newquay. I now require my file however the law firm is no longer operating. What do I do?
You should call the Solicitors Regulatory Authority (SRA) to help locate your conveyancing files. They can be contacted on please contact on 0870 606 2555. Alternatively, you should use their online form to make an enquiry. You will need to provide the SRA with as much information as possible to assist their search, including the name and address in Newquay of the conveyancing firm of solicitors you previously retained, the name of conveyancing solicitor with whom you had dealings, and the date on which you last had dealings with the firm.
Can a conveyancer remove someone from the title of my property in Newquay ?
Extracting or adding someone to the title of your property is relatively straightforward. You’ll need to appoint a conveyancer to discuss your legal rights before you can proceed with a transfer of property. Contact us to book a free consultation with one a property lawyer