Having sold my house in Preston Park last January yet the purchaser is texting every few hours to moan that his conveyancer is waiting to hear from mine. What are the post completion sale formalities now that I have sold?
Following your disposal your lawyer should forward the transfer deeds and all additional paperwork to the buyer’s solicitors. Depending on the transaction, your solicitor should also send confirmation that the home loan has been discharged to the purchasers lawyers. There is unlikely to be post completion steps unique to conveyancing in Preston Park.
What is the difference between a licensed conveyancer and conveyancing solicitor in Preston Park
There are two types of lawyers who can carry out conveyancing in Preston Park namely CLC regulated conveyancers or solicitors. The two can provide conveyancing services that required to complete the disposal or purchase of property. Both are duty bound to carry out Preston Park conveyancing on similar standards and guidelines so you may be sure that your conveyancing will be professionally administered and that all necessary steps will be suitably followed.
After months of negotiation I have agreed a price on an apartment in Preston Park. My mortgage broker suggested a conveyancer. I paid an advanced payment of £225. A few days later, the conveyancing practitioner called me sheepishly admitting that they were not on the TSB 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 TSB 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 have instructed a Preston Park lawyer having checked that they are on the Virgin Money conveyancing panel. Does my lawyer arrange the survey of the property?
Virgin Money will need an independent valuation of the property. Your lawyer will not arrange this. Usually Virgin Money will appoint their own surveyor to do this, and you will have to pay for it. Remember that this is a valuation for mortgage purposes and not a survey. You may wish to consider appointing your own Preston Park surveyor to carry out a survey or prepare a home buyers report on the property. It is up to you to satisfy yourself that the property is structurally sound before you buy it. If the survey or report reveals that building work is needed, you should tell your solicitor. You may wish to renegotiate with the seller.
I have justbecome aware that Wolstenholmes have closed. They conducted my conveyancing in Preston Park 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 way to see if the property is in your name, 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 Preston Park conveyancing specialists.
How does conveyancing in Preston Park differ for newly converted properties?
Most buyers of new build property in Preston Park approach us having been asked by the developer to exchange contracts and commit to the purchase even before the house is completed. This is because new home sellers in Preston Park usually purchase the real estate, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct conveyancers as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are accustomed to new build conveyancing in Preston Park or who has acted in the same development.
What does commercial conveyancing in Preston Park cover?
Non domestic conveyancing in Preston Park covers a broad array of services, provided by qualified solicitors, relating to business property. For example, this type of conveyancing can cover the sale or purchase of freehold business premises or, more commonly, the assignment of existing business tenancies or the drafting of new leasing arrangements. Commercial conveyancing solicitors can also offer advice on the sale of business assets, commercial loans and the termination of tenancies.