I opted for a Olney based firm for our conveyancing in Olney yesterday. Looking through the Terms I noteI am liable for charges even if the sale aborts. Should I go with them or choose a web based lawyer promoting no-sale-no-fee conveyancing in Olney?
It is usually ‘give and take’ in that if "No Completion No Fee" is available then the fee levels will tend to be be more expensive to neutralise those transactions that do not proceed. Please beware that these promotions generally do not protect you from disbursements for example Olney conveyancing search charges.
Having sold my house in Olney last June but my buyer keeps telephoning every few hours complaining that his solicitor needs to hear from myconveyancer. What are the post completion sale formalities now that I have sold?
After completion of your disposal your lawyer should forward the transfer documentation and all of the paperwork to the buyer’s conveyancer. Where appropriate, your solicitor should also send confirmation that the legal charge in favour of the lender has been repaid to the purchasers conveyancers. There are no post completion tasks unique to conveyancing in Olney.
Have just purchased a repossessed house at auction in Olney. Conveyancing is required. What is next?
Having exchanged you now have to retain a conveyancing practitioner as a matter of urgency as you will have a fast approaching a drop dead date to complete the conveyancing. All auction property will have an associated auction set of papers. This will include the copy title deeds, local authority and drainage searches. If you have purchased leasehold property the conveyancing papers may contain a copy of the lease, management information and a sellers leasehold information form and associated conveyancing documentation relating to a leasehold property. You need to hand this to your appointed conveyancing solicitor at the earliest opportunity. Do make sure that you have funds in place to complete the transaction on the set completion date.
Is there a list of HSBC panel conveyancers in Olney on the UK Finance Lenders’ Handbook Website?
Unfortunately not yet. There is no such tool on the Council of Mortgage Lenders or Building Society Association sites. Very few banks make their panel listings viewable on the web. If you are looking for a Olney lawyer on the HSBC please make the most of our facility.
I had an offer accepted on a property in Olney on 18/2/2019, valuation was booked 3 days after, all came back fine. Conveyancer appointed, so the only thing outstanding was my mortgage offer. Having made daily calls to Yorkshire BS and chasing them on my offer, I have now been told that my offer will not be issued unless the lawyer is on the Yorkshire BS conveyancing panel. Are Yorkshire BS entitled to hold back the Mortgage pending the lawyer being on the approved list?
A lender would not issue a mortgage until they have details of a lawyer on their panel. It can take a few weeks for Yorkshire BS to deal with your lawyer's application to be on the Yorkshire BS conveyancing panel. There's no guarantee that your solicitor will be accepted.
Yesterday I discovered that there is a flying freehold issue on a property I put an offer in last month in what should have been a quick, no chain conveyancing. Olney is the location of the property. Is there any advice you can give?
Flying freeholds in Olney are rare but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Olney you would need to get your solicitor to go through the deeds diligently. Your mortgage company may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Olney may decide that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold residence.
I am one month into a residential purchase having been recommend to a firm by the selling agent to handle our conveyancing in Olney. I am not happy. Could you help me find new lawyers?
A lawyer would have to be very poor to suggest changing them. Has the mortgage offer been sent? If so you must advise them of the new contact details and get the offer are re-sent. Your new solicitor ideally needs to be on the lenders panel to avoid supplemental fees and delays. That should be your first question of the new solicitors. The search tool should assist you in finding a lender approved conveyancer for your conveyancing in Olney