Completed the sale of my flat in Vauxhall last June but my buyer keeps Skype messaging every few hours to moan that her solicitor is waiting to hear from mine. What are the post completion sale legalities now that I have sold?
Post completion of your disposal your conveyancer should deliver the transfer deeds and all of the paperwork to the buyer’s solicitors. Where relevant, your lawyer must also send confirmation that the legal charge in favour of the lender has been discharged to the buyers lawyers. There is unlikely to be post completion steps peculiar conveyancing in Vauxhall.
What happens if my solicitor is suspended from the Lloyds Conveyancing panel ahead of completing my conveyancing in Vauxhall?
First, this is a very rare occurrence. In most cases even where a law firm is removed off of a panel the lender would allow the completion to go ahead as the lender would appreciate the difficulties that they would place you in if you have to instruct a new solicitor days before completion. In a worst case scenario where the lender insists that you instruct a new firm then it is possible for a very good lawyer to expedite the conveyancing albeit that you may pay a significant premium for this. The analogous situation is where a buyer instructs a lawyer, exchanges contracts and the law firm is shut down by a regulator such as the SRA. Again, in this situation you can find lawyers who can troubleshoot their way to bring the conveyancing to a satisfactory conclusion - albeit at a cost.
Will my solicitor be raising questions regarding flooding during the conveyancing in Vauxhall.
The risk of flooding is if increasing concern for lawyers dealing with homes in Vauxhall. Plenty of people will acquire a property in Vauxhall, fully aware that at some time, it may suffer from flooding. However, leaving to one side the physical damage, where a house is at risk of flooding, it may be difficult to obtain a mortgage, satisfactory building insurance, or dispose of the property. There are steps that can be taken during the course of a house purchase to forewarn the purchaser.
Conveyancers are not best placed to offer advice on flood risk, however there are a number of checks that may be undertaken by the buyer or by their lawyers which should give them a better appreciation of the risks in Vauxhall. The standard completed inquiry forms sent to a purchaser’s conveyancer (where the Conveyancing Protocol is adopted) contains a standard question of the vendor to discover if the property has historically flooded. In the event that flooding has previously occurred and is not revealed by the owner, then a buyer could commence a claim for damages stemming from an misleading reply. A purchaser’s conveyancers will also carry out an environmental search. This will disclose whether there is a recorded flood risk. If so, more detailed inquiries will need to be conducted.
I have recentlybeen informed that Arc property Solicitors have been shut down. They conducted my conveyancing in Vauxhall for a purchase of a freehold house 12 months ago. How can I check that my home is registered correctly in the name of the former proprietor?
The quickest method to see if the premises is registered to you, you can carry out a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Vauxhall conveyancing specialists.
We're first time buyers - had an offer accepted, yet the estate agent informed us that the seller will only move forward if we instruct the agent's recommended conveyancers as they are insisting on an ‘expedited deal’. We would rather use a family solicitor with experience of conveyancing in Vauxhall
We suspect that the owner is unaware of this request. If they want ‘a quick sale', turning down a serious buyer is counter productive. Speak to the vendors direct and make sure they comprehend that (a)you are genuine purchasers (b)you are excited to move forward, with mortgage lined up © you do not need to sell (d) you intend to proceed fast (e)however you will continue to instruct your own,trusted Vauxhall conveyancing lawyers - not the ones that will earn their estate agent a commission or hit his conveyancing figures set by corporate headquarters.