This question may be naive but I am new to the process as FTB of a ground floor flat in Redcar and Cleveland. Do I collect the keys to the premises on completion from my conveyancer? If this is the case, I will instruct a local conveyancing solicitor in Redcar and Cleveland?
On the day of completion you do not need to go to the conveyancers office in Redcar and Cleveland. Conveyancing lawyers for you will arrange to send the purchase money to the owner’s conveyancers, and shortly after the monies have arrived, you should be called to collect the keys from the property Agents and start moving into the property. This tends to happen between 1 and 3pm.
We previously chose conveyancers locally in Redcar and Cleveland on the Lloyds solicitor panel. They are now charging me a further charge for the legal aspects of the Lloyds mortgage. Is this an additional conveyancing fee set by Lloyds?
Provided it is contained in their Terms and Conditions or Quote then yes your conveyancer is entitled to charge a fee for this. This fee is not dictated by Lloyds but by your Redcar and Cleveland property lawyer. Numerous firms on the Lloyds panel will charge ’dealing with mortgage’ fee but some practices incorporate it on their overall fee.
Can I be sure that the Redcar and Cleveland conveyancing solicitor on the Kent Reliance panel is any good?
When it comes to conveyancing in Redcar and Cleveland seeking recommendations is a good starting point. Before you go ahead, check if they offer a no sale no fee offer. Also, you often get what you pay for - a firm which quotes more, will often provide a better service than one which is cheap as chips. We would always advise that you speak with the solicitor conducting your conveyancing.
I purchased my house on 12 August and my personal details are still not on the land registry website. Should I be concerned? My conveyancing solicitor in Redcar and Cleveland expressed confidence that it will be concluded in less than a month. Are titles in Redcar and Cleveland particularly slow to register?
There is nothing unique when it comes to conveyancing in Redcar and Cleveland registration formalities. As opposed to being determined by geographic area, timescales can vary subject to the party submitting the application, whether it is in order and whether the Land registry communicate with any 3rd persons or bodies. At present in the region of 80% of submission are fully addressed within 12 days but some can be subject to protracted delays. Historically registration takes place once the buyer is living at the property therefore post completion formalities is not typically top priority but where there is a degree of urgency associated with the registration then you or your solicitor can speak with the land registry and explain the circumstances.
About to purchase a new build flat in Redcar and Cleveland. Conveyancing is necessary evil at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build legal work.
Set out below are examples of a few leasehold new build enquiries that you may expect your new-build leasehold conveyancing in Redcar and Cleveland
Where there is an Undertaking being granted there is the risk of forfeiture of the Headlease subject to relief if one or more of the Underlessees are willing to accept the original Head Lessee’s obligations as otherwise relief will be denied to the Underlessees. The only alternatives are the Head Lessor agreeing not to forfeit the Headlease or the Head Lessee guaranteeing to the Underlessees that it will not be in breach of the Headlease. Will control of the Management Company (if any) be handed over to purchasers on completion of the last sale or earlier? Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose? Please confirm the Lease plans are surveyor prepared.
Yesterday I discovered that there is a flying freehold element on a property I have offered on a fortnight ago in what was supposed to be a straight forward, chain free conveyancing. Redcar and Cleveland is where the house is located. Can you offer any advice?
Flying freeholds in Redcar and Cleveland are rare but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Redcar and Cleveland you would need to get your solicitor to go 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 Redcar and Cleveland 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 property.
We're FTB’s - agreed a price, but the selling agent has warned us that the vendor will only move forward if we use their chosen lawyers as they want a ‘quick sale’. My instinct tells me that we should use a high street conveyancer used to conveyancing in Redcar and Cleveland
We suspect that the seller is not behind this demand. If they want ‘a quick sale', turning down a genuine buyer is going to damage their objectives. Avoid the agents and go straight to the sellers and make sure they comprehend that (a)you are keen to buy (b)you are ready to go, with mortgage lined up © you do not need to sell (d) you wish to move quickly (e)however you are going to instruct your own,trusted Redcar and Cleveland conveyancing lawyers - not the ones that will give their negotiator at the agency a referral fee or hit his conveyancing thresholds set by corporate headquarters.