Having sold my house in Disley last October yet the purchaser is calling daily complaining that their lawyer needs to hear from myconveyancer. What should have happened now that I have sold?
Following your sale your solicitor is duty bound to send the transfer deeds and all additional paperwork to the buyer’s lawyers. Where relevant, your conveyancer must also evidence that the legal charge in favour of the lender has been paid off to the purchasers lawyers. There is unlikely to be post completion requirements peculiar conveyancing in Disley.
We are selling our flat in Disley. Does the lawyer need to be on the Virgin Money conveyancing panel in order to deal with repayment of my mortgage?
Ordinarily, even if your lawyer is not on the Virgin Money conveyancing panel they can still act for you on your sale. It might be that the lender will not release the original deeds (if applicable and increasingly irrelevant) until after the mortgage is paid off. You should speak to your lawyer directly before you start the process though to ensure that there is no problem as lenders are changing their conditions fairly frequently in recent years.
I happen to be the single beneficiary of my late father’s will and I have everything in my name now, including the my former home in Disley. The Disley property was put into my name in November. I want to move. I understand that there is a Mortgage Lenders 6 month 'rule', which means that my proprietorship will be regarded the same way as if I'd bought the house in November. Do I have to wait half a year to sell?
The CML handbook obliges conveyancers to: "report to us immediately if the owner or registered proprietor has been registered for less than six months." By the strict wording you may be affected by that. How practical a view mortgage companies take of it, depend on the lender as this provision chiefly exists to pick up on the purchase and immediately sell or the wholesaling and assigning of property.
Can I be sure that the Disley conveyancing solicitor on the Nationwide panel is any good?
When it comes to conveyancing in Disley getting recommendations is a good starting point. Before you go ahead, check if they offer a no sale no fee offer. Also, you often get what you pay for - a firm which quotes more, will often provide a better service than one which is cheap as chips. We would always suggest that you speak with the lawyer handling your transaction.
I am currently in the process of buying my council flat in Disley. I have a mortgage offer with Clydesdale. Conveyancing is new to me. Can I proceed without a solicitor easily? I think we can but we keep being told I should have one. Any advice?
It is not advisable to proceed with a house purchase without a solicitor. The council's solicitor are not acting for you. You need a solicitor for a number reasons. One of which is to verify what plans the Council have for repairs and refurbishment for the next five years. Many leaseholders have been stung for contributions of thousands of pounds. In any event, if you are getting a mortgage with Clydesdale, you will need to appoint a solicitor on the Clydesdale conveyancing panel.
Yesterday I discovered that there is a flying freehold element on a house I have offered on a fortnight ago in what was supposed to be a straight forward, chain free conveyancing. Disley is where the house is located. Is there any guidance you can give?
Flying freeholds in Disley are unusual but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Disley you must be sure that your lawyer goes through the deeds diligently. Your mortgage company may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Disley may determine that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold premises.
I'm refinancing my existing house to a buy to let loan with Accord Mortgages Ltd and I will use the ballance of the raised equity as a down payment on further property. The neighborhood we are talking about is Disley. Will your solicitors be able to act for both sets of banks and tie in the two deals?
Do use our search tool on this page to check that the conveyancers are approved by both banks. On the basis that they are your lawyer should be able to tie up the two conveyancing matters but you should talk with you conveyancer and make clear your desired outcome and needs.