Finally the sale completed on my house in Malpas last February but my buyer keeps SMS messaging every few hours to moan that their lawyer is waiting to hear from mine. What should have happened now that I have sold?
After completion of your sale your solicitor is committed to deliver the transfer documentation and all supplemental paperwork to the buyer’s conveyancer. Depending on the transaction, your conveyancer should also evidence that the mortgage has been redeemed to the purchasers conveyancers. There is unlikely to be post completion tasks peculiar conveyancing in Malpas.
We are expecting a mortgage offer soon. The lender mentioned the loan came with free conveyancing. Is the implication that I have to appoint their panel lawyer as I would much rather appoint a Malpas based conveyancing firm?
You should check but the chances are that give you one of their panel lawyers should you want the "fee-free" offer. Speak to the lender to ask if they allow a cash alternative. Some mortgage companies have previously offered a £250 cashback as an alternative in which case you could put that amount towards the cost for your conveyancing solicitor in Malpas.
It has been 3 months since my purchase conveyancing in Malpas concluded. I have checked the Land Registry website which shows that I paid £175,000 when infact I paid £180,000. 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 premises 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 am buying a new build house in Malpas with the aid of help to buy. The builders would not move on the amount so I negotiated five thousand pounds worth of fixtures and fittings instead. The property agent advised me not reveal to my conveyancer about this side-deal as it may put at risk my mortgage with . Should I keep quiet?.
All lenders require a Disclosure of Incentives Form from the developer of any new build, converted or renovated property, It is available online from the Lenders’ Handbook page on the CML website. CML form is completed and handed to the lender's surveyor when the inspection is done.
Lenders have different policies on incentives. Some accept none at all, cash or physical, while others will accept cash incentives up to 5%.
Hard to understand why the representative of a builder would be suggesting you withold information from a solicitor when all this will be clearly visible on forms the builder has to supply to its solicitor, the buyer's solicitor and the surveyor.
I am thinking of appointing a conveyancing solicitor in Malpas for my home move. Is it possible to check a solicitor's record with the legal regulator?
You may find presented Solicitor Regulator Association (SRA) decisions arising from inquisitions from 2008 onwards. Visit Check a solicitor's record. For records Pre 2008, or to check a firm's history, ring 0870 606 2555, 08.00 - 18.00 any week day save for Tuesday when lines open at 9.30am. For non-uk callers, dial +44 (0)121 329 6800. The regulator could recorded call for training reasons.