Finally the sale completed on my house in Redruth last November but the buyer keeps Skype messaging daily complaining that their conveyancer is waiting to hear from mine. What are the post completion sale legalities following completion?
After completion of your sale your solicitor should deliver the transfer documentation and all of the paperwork to the buyer’s solicitors. If applicable, your solicitor should also confirm that the home loan has been paid off to the purchasers solicitors. There is unlikely to be post completion steps just for conveyancing in Redruth.
We just had an offer accepted to buy with Loughborough BS. I popped in a couple of high street companies but cant to find a Redruth conveyancing firm on the Loughborough BS approved list. Can you help?
You should make use of the search tool on this site. Please choose the building society and type Redruth or your preferred area and you will see a number of lawyer based in Redruth or by proximity to you.
I need some quick conveyancing in Redruth as I have pressure to sign on the dotted line in less than one month. A mortgage is not required. Is it possible to avoid the conveyancing searches to save money and time?
If.Given you are not getting a home loan you are at free not to have searches carried out although no lawyer would suggest that you don't. Drawing on our experience of conveyancing in Redruth the following are examples of issues that can show up and therefore affect future mortgageability: Enforcement Actions, Overdue Charges, Overdue Grants, Road Schemes,...
How does conveyancing in Redruth differ for newly converted properties?
Most buyers of new build or newly converted property in Redruth contact us having been asked by the seller to exchange contracts and commit to the purchase even before the premises is constructed. This is because builders in Redruth usually buy the site, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct conveyancers as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are accustomed to new build conveyancing in Redruth or who has acted in the same development.
Due to the advice of my in-laws I had a survey completed on a house in Redruth ahead of instructing lawyers. I have been advised that there is a flying freehold overhang to the house. My surveyor has said that some mortgage companies will not give a loan on this type of property.
It depends who your proposed lender is. Lloyds has different requirements for example to Birmingham Midshires. Should you wish to telephone us we can look into this further via the relevant mortgage company. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Redruth. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Redruth to see if the conveyancing will be more expensive.