Finally the sale completed on my house in Selsdon last December but my buyer keeps SMS messaging every few hours to say her conveyancer is waiting to hear from myconveyancer. What are the post completion sale formalities now that I have sold?
Post completion of your sale your conveyancer is duty bound to send the transfer documentation and all of the paperwork to the buyer’s solicitors. Where appropriate, your lawyer should also evidence that the home loan has been repaid to the purchasers solicitors. There is unlikely to be post completion tasks just for conveyancing in Selsdon.
The Selsdon conveyancing firm that I recently instructed on my house acquisition in Selsdon have without warning closed. I chose them because I needed a firm on the Nationwide conveyancing panel and my preferred Selsdon lawyer was not. I gave my credit card details for them to take one hundred and fifty pounds for searches. What should be my next steps?
If you have an estate agent involved then inform them straight away so that they advise the vendors that there may be a slight delay due to the problems encountered. Hopefully they will be sympathetic and urge their lawyer to send a new set of papers to your new solicitors. You should appoint new lawyers that are on the Nationwide conveyancing panel and notify the lender. If you have paid over any money, it will hopefully be held by the SRA as money in an intervened firm's bank accounts is transferred to the SRA. Then, the SRA or the intervention agent looks at the intervened firm's accounts to work out who the money belongs to. To claim your money you will need to contact the SRA. If the SRA cannot return money you are owed from the firm's bank accounts, or if they can only return part of the money, you can apply to the Compensation Fund for a grant. Your new solicitors may be able to help.
I have a renovated Edwardian property in Selsdon. Conveyancing solicitor represented me and Barnsley Building Society. I did a free Land Registry search last week and I saw a couple of entries: the first freehold, another for leasehold with the exact same property. I'd like to know for sure, how can I find out??
You need to assess the Freehold register you have again and check the Charges Register as there may be mention of a lease. The best way to be sure that you are also the registered owner of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Selsdon and other areas of the country and poses no real issues for owners other than when they buy they have to account for both freehold and leasehold interests when dealing with lenders. You can also check the situation with your conveyancing solicitor who conducted the purchase.
I've recently found out that there is a flying freehold element on a property I put an offer in a fortnight ago in what was supposed to be a simple, chain free conveyancing. Selsdon is the location of the property. Can you shed any light on this issue?
Flying freeholds in Selsdon are rare but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Selsdon you must be sure that your lawyer goes through the deeds diligently. Your lender may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Selsdon may ascertain 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 property.
Why can I not complete my conveyancing in Selsdon on Easter Monday?
Because on completion the sale price needs to pass between the banks of the buyer and seller's conveyancer and currently this can only take place on a business day. So you can't complete on a saturday or sunday either.