Completed the sale of my flat in Raglan last July but my buyer keeps SMS messaging daily to moan that his conveyancer is waiting to hear from mylawyer. What are the post completion sale legalities following completion?
Post completion of your house sale your conveyancer is duty bound to forward the transfer deeds and all additional paperwork to the buyer’s solicitors. If applicable, your lawyer should also confirm that the home loan has been redeemed to the buyers lawyers. There are no post completion tasks peculiar conveyancing in Raglan.
I am buying a terraced house in Raglan. Can I do my own conveyancing?
Leaving aside the complexities and merits of DIY conveyancing in Raglan you will have to appoint a solicitor on your bank's conveyancing panel to look after their interests. Most people therefore find it easier to let the solicitor act for them and the lender. Furthermore there is minimal cost savings to be made in you doing conveyancing for yourself and another lawyer conducting the conveyancing for the lender. Please feel free to use the search tool to find a lawyer on your lender panel in Raglan.
Yesterday I discovered that there is a flying freehold issue on a property I put an offer in two weeks back in what was supposed to be a straight forward, chain free conveyancing. Raglan is where the house is located. Can you shed any light on this issue?
Flying freeholds in Raglan are not the norm but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Raglan you must be sure that your lawyer goes through the deeds very carefully. Your lender may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Raglan 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 premises.
My father-in-law has urged me to appoint his lawyers for conveyancing in Raglan. Do I follow his advice?
Much as we are happy to recommend a Raglan conveyancing lawyer the best way to find a conveyancing lawyer is to have feedback from friends or relatives who have actually previously instructed the firm that you are considering.
When it comes to my conveyancing in Raglan should I be paying VAT on the following: (1) Land reg fee on purchase (2) Pre - completion search fee (3) SDLT E submission on purchase (4) Bank TT fee
(1) Land reg fee on purchase - No (2) Pre - completion search fees -No, (such conveyancing searches are HMLR ones and means £4 and possibly £2 bankruptcy per name on your mortgage) (3) SDLT E submission on your purchase - There is no VAT on Stamp Duty. However if the firm is charging a stamp duty e-submission fee as part of their services - some Raglan conveyancers do - that will incur VAT(4) Bank transfer fee - Yes it is for the solicitor's time in submitting the funds this way.