Is it realistic for conveyancing in Upton Park to be done in less than two weeks?
Where the seller is applying pressure for your conveyancing it is advisable to make sure that your lawyer is familiar with the location as they will benefit local relationships and knowledge. It is possible that they may have handled otherhouses in the same neighbourhood. Therefore consider using a Upton Park conveyancing lawyer. In addition, check that the conveyancing firm is on the lender panel. It is claimed that just under twenty per cent of Upton Park conveyancing transactions are frustrated or derailed after discovering a buyer’s solicitor was not on their banks list of approved solicitors. This can often result in the legal transfer of property being delayed by an average of 21 days. It is claimed that this issue affects in the region of 100,000 home sales annually. Most Upton Park conveyancing practices can not act for certain banks so do check as early as possible.
Having sold my house in Upton Park last December but my buyer keeps e-mailing daily complaining that their solicitor needs to hear from mine. What should my lawyer have done following completion?
Following your house sale your solicitor should send the transfer deeds and all additional paperwork to the purchaser's lawyers. If applicable, your solicitor must also evidence that the legal charge in favour of the lender has been redeemed to the buyers conveyancers. There is unlikely to be post completion requirements peculiar conveyancing in Upton Park.
My wife and I are close to exchanging contracts on the sale of our house in Upton Park and according to the buyers it appears that there is a risk of it being built on contaminated land. Any local conveyancer would know this is not the case. It does beg the question why the buyers are using a national conveyancing firm rather than a conveyancing solicitor in Upton Park. Having lived in Upton Park for three years we know that this is a non issue. Do we get in touch with our local Authority to seek confirmation that there is no issue.
It sounds as though you may have a conveyancing firm currently acting for you. What do they say? You should check with your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out health insurance to cover that same sickness)
It has been 4 months following my purchase conveyancing in Upton Park took place. I have checked the Land Registry site which shows that I paid £175,000 when infact I paid £160,000. Why the discrepancy?
The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the property from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.
I opted to have a survey carried out on a house in Upton Park ahead of instructing lawyers. I have been advised that there is a flying freehold aspect to the property. My surveyor advised that some mortgage companies may not give a loan on a flying freehold house.
It depends who your proposed lender is. Bank of Scotland has different requirements from Halifax. Should you wish to telephone us we can check with the appropriate lender. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Upton Park. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Upton Park to see if the conveyancing will be more expensive.