Finally the sale completed on my house in Torquay last December yet the purchaser is telephoning every few hours to moan that her conveyancer is waiting to hear from mine. What should have happened following completion?
Following your house sale your conveyancer should forward the transfer deeds and all supplemental paperwork to the buyer’s lawyers. Depending on the transaction, your conveyancer must also confirm that the home loan has been discharged to the buyers lawyers. There is unlikely to be post completion requirements unique to conveyancing in Torquay.
Our bank has recommended solicitors on their panel based in Torquay but I would rather use a conveyancing lawyer in Torquay round the corner to me. Are you able to help?
Far from all Torquay conveyancing solicitors are approved and listed on all lender’s conveyancing panel. Use our search tool to locate a Torquay conveyancing firm on the on the mortgage company panel.
Can you point me to a directory of Co-operative panel conveyancers in Torquay on the UK Finance Lenders’ Handbook Website?
No. There is no such facility on the Council of Mortgage Lenders or Building Society Association sites. A small selection of lenders make their panel listings open the public online. If you are in need of a Torquay conveyancer on the Co-operative please make the most of our tool.
After months of negotiation I have agreed a price on an apartment in Torquay. My financial adviser pressured me to appoint their solicitor. I paid an on account payment of £225. A few days later, the solicitor called me sheepishly admitting that they were not on the Principality conveyancing panel. Am I right in thinking that I should be due a refund?
You should be able to recover this from the law firm if they were not on the Principality panel. They should have asked at the outset which lender you were obtaining a mortgage with. An important lesson to readers of this site is to check that the lawyers are on the appropriate lender panel.
I am due to exchange contracts on my house. I had a double glazing fitted in February 2008, but did not receive a FENSA certificate or Building Regulation Certificate. My buyer's mortgage company, Nottingham are being difficult. The Torquay solicitor who is on the Nottingham conveyancing panel is recommending indemnity insurance as a solution but Nottingham are requiring a building regulation certificate. Why do Nottingham have a conveyancing panel if they don't accept advice from them?
It is probably the case that Nottingham have referred the matter to their valuer. The reason why Nottingham may not want to accept indemnity insurance is because it does not give them any reassurance that the double glazing was correctly and safely installed. The indemnity insurance merely protects against enforcement action which is very unlikely anyway.
Is it necessary to take out insurance to protect me from financial exposure to chancel repairs when buying a property in Torquay?
Unless a prior acquisition of the premises completed post 12 October 2013 you could take it that conveyancing practitioners delivering conveyancing in Torquay to continue to propose a a chancel search and or chancel repair liability policy.
I acquired my house on 3 August and the transaction details is not yet registered. Should I be concerned? My conveyancing solicitor in Torquay said it would be recorded in less than a month. Are transfers in Torquay particularly slow to register?
There is nothing unique about conveyancing in Torquay registration formalities. As opposed to being determined by geographic area, timeframes can differ depending on the party submitting the application, whether it is in order and if the Land registry must send notices to any third persons or bodies. As of today roughly 80% of submission are completed within two weeks but occasionally there can be extensive hold-ups. Historically registration takes place once the buyer has moved in to the premises therefore post completion formalities is not usually an essential issue yet where there is a degree of urgency associated with the registration then you or your conveyancer can contact the land registry and explain the circumstances.