Having sold my house in Sunninghill last March yet the purchaser is texting me to moan that their conveyancer needs to hear from mine. What are the post completion sale legalities following completion?
Following your sale your solicitor is obliged to send the transfer documentation and all supplemental paperwork to the purchaser's conveyancer. Where appropriate, your conveyancer must also evidence that the home loan has been repaid to the purchasers solicitors. There is unlikely to be post completion requirements just for conveyancing in Sunninghill.
We're in Sunninghill, First time buyers buying with a mortgage (lender is UBS , and our lawyer is on the UBS conveyancing panel). How long should the conveyancing process take?
The fact that your lawyer is on the UBS conveyancing panel is a help. It would almost certainly delay matters if they were not. However, no conveyancer should guarantee a timeframe for your conveyancing, due to third parties outside of your control such as delays caused by lenders,conveyancing search providers or by the other side’s solicitors. The time taken is often determined by the number of parties in a chain.
Should my solicitor be asking questions about flooding during the conveyancing in Sunninghill.
The risk of flooding is if increasing concern for lawyers carrying out conveyancing in Sunninghill. There are those who acquire a house in Sunninghill, completely expectant that at some time, it may suffer from flooding. However, leaving to one side the physical destruction, where a property is at risk of flooding, it may be difficult to get a mortgage, suitable insurance cover, or sell the premises. Steps can be carried out as part of the conveyancing process to forewarn the buyer.
Conveyancers are not qualified to impart advice on flood risk, but there are a numerous checks that can be initiated by the buyer or by their conveyancers which can give them a better appreciation of the risks in Sunninghill. The conventional set of completed inquiry forms given to a buyer’s lawyer (where the Conveyancing Protocol is adopted) includes a standard inquiry of the vendor to determine if the property has historically flooded. In the event that the property has been flooded in past and is not revealed by the vendor, then a purchaser could commence a compensation claim resulting from an misleading response. The buyer’s conveyancers should also order an environmental search. This should indicate whether there is a recorded flood risk. If so, more detailed investigations will need to be made.
The estate agent has sent us the confirmation of our purchase of a new build flat in Sunninghill. Conveyancing is a frightening process at the best of times but I have never purchased a new build flat before. What sort of enquires would be asked in new build legal work.
Here are examples of a selection of leasehold new build questions that you may expect your new-build leasehold conveyancing in Sunninghill
The Vendor must covenant to keep unoccupied units in good repair until long leases are granted therefore. 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. Please provide evidence that the form of Lease proposed has been approved by the Land Registry. Please confirm the Lease plans are surveyor prepared. Please supply a car parking plan.
I am selling my property. My past conveyancers closed down. It would be helpful to have a recommendation of a conveyancing firm. I happen to live in Sunninghill if that affects matters.
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