Having sold my house in North Shields last June yet the purchaser is e-mailing me to say his lawyer needs to hear from mine. What should have happened now that I have sold?
Post completion of your disposal your conveyancer is duty bound to send the transfer deeds and all additional paperwork to the buyer’s solicitors. Where relevant, your conveyancer must also send confirmation that the legal charge in favour of the lender has been paid off to the buyers lawyers. There is unlikely to be post completion formalities unique to conveyancing in North Shields.
I am looking for a leasehold apartment up to £305k and found one close by in North Shields I like with open areas and transport links nearby, however it only has 52 remaining years left on the lease. There is not much else in North Shields suitable, so just wondered if I would be making a grave error acquiring a short lease?
Should you need a mortgage the shortness of the lease may be an issue. Reduce the offer by the anticipated lease extension will cost if it has not already been discounted. If the current proprietor has owned the property for at least twenty four months you can ask them to commence the lease extension formalities and pass it to you. You can add 90 years to the current lease with a zero ground rent applied. You should consult your conveyancing solicitor concerning this.
I'm converting the mortgage on my existing property to a buy to let mortgage with Santander and intend to use the remaining equity as a down payment on further house. The neighborhood we are interested in is North Shields. Will your lawyers be able to act for both sets of lenders and link together the two deals?
Do use our comparison tool on this site to ensure that the lawyers are approved by both mortgage companies. On the basis that they are the solicitor will be able to connect the two conveyancing matters but you should have a chat with you lawyer and communicate your desired outcome and requirements.
Should I appoint a North Shields conveyancing lawyer in close proximity to the house I am buying? We have a good friend who can perform the conveyancing however they are based a couple of hundredkilometers away.
The primary upside of using a high street North Shields conveyancing firm is that you can visit the firm to execute paperwork, hand in your ID and pester them if necessary. Having local North Shields know how is a benefit. That being said nothing is more important than finding someone that will pull out all the stops for you. If you know people who instructed your friend and in the main were impressed that should outweigh using an unknown North Shields conveyancing lawyer just because they are local.
I am purchasing a property and need a conveyancing solicitor in North Shields who is on the lender solicitor panel. Could you point me in the right direction as regards a firm?
Our service is limited to being a directory service for firms who wish to listed as being on the approved conveyancing panel for the mortgage company who do conveyancing in North Shields. We dont recommend any particular solicitor.