Finally the sale completed on my house in Brewood last December but our buyer keeps Skype messaging daily complaining that her lawyer is waiting to hear from mine. What should my lawyer have done following completion?
Post completion of your house sale your conveyancer is duty bound to forward the transfer deeds and all supplemental paperwork to the buyer’s conveyancer. If applicable, your conveyancer should also send confirmation that the home loan has been repaid to the buyers lawyers. There are no post completion tasks just for conveyancing in Brewood.
My Conveyancer in Brewood is not on the Birmingham Midshires Solicitor Panel. Can I still use my prefered solicitor notwithstanding that they are not on the Birmingham Midshires list of approved lawyers?
The limited options available to you here include:
- Complete the purchase with your existing Brewood lawyers but Birmingham Midshires will need to instruct a lawyer on their panel. This will inevitably rack up the total legal charges as well as cause delays.
- Get an alternative practitioner to act in the conveyancing, remembering to check they are Convince your conveyancer to do everything within their powers to join the Birmingham Midshires conveyancing panel
Should our lawyer be making enquiries concerning flooding during the conveyancing in Brewood.
Flooding is a growing risk for solicitors dealing with homes in Brewood. Plenty of people will purchase a property in Brewood, fully expectant that at some time, it may suffer from flooding. However, aside from the physical damage, if a house is at risk of flooding, it may be difficult to get a mortgage, satisfactory insurance cover, or dispose of the property. Steps can be carried out as part of the conveyancing process to forewarn the purchaser.
Conveyancers are not best placed to give advice on flood risk, but there are a numerous searches that can be undertaken by the purchaser or by their conveyancers which should give them a better understanding of the risks in Brewood. The standard property information forms sent to a buyer’s lawyer (where the Conveyancing Protocol is adopted) contains a usual question of the vendor to find out if the premises has suffered from flooding. In the event that flooding has previously occurred and is not notified by the seller, then a purchaser could commence a legal claim for losses as a result of such an misleading response. A purchaser’s lawyers should also conduct an enviro report. This should indicate whether there is any known flood risk. If so, additional investigations should be conducted.
How does conveyancing in Brewood differ for newly converted properties?
Most buyers of new build premises in Brewood come to us having been asked by the housebuilder to sign contracts and commit to the purchase even before the premises is ready to move into. This is because developers in Brewood typically buy the site, 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 used to new build conveyancing in Brewood or who has acted in the same development.
I decided to have a survey done on a property in Brewood prior to retaining lawyers. I have been told that there is a flying freehold overhang to the house. Our surveyor has said that some banks tend not grant a loan on this type of premises.
It depends who your proposed lender is. Santander has different instructions for example to Halifax. Should you wish to telephone us we can investigate further via the appropriate lender. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Brewood. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Brewood to see if the conveyancing will be more expensive.