When can the exchange of contracts happen for domestic conveyancing in Carbis Bay and am I required to attend the conveyancers office?
Where you are round the corner to our conveyancing solicitors in Carbis Bay you are welcome to come in to sign contracts. That being said, the law practices we work with supply countrywide coverage for conveyancing and give just as detailed and professional a job for you when dealing with you electronically. The executing of the property agreement is not the point of no return. A signed contract is just a prerequisite for the solicitor to address the formalities when the time is right, which will usually be very shortly after signing. The exchange process is is usually a five minute process, although where a lengthy "chain" is involved, since the process requires the relevant party's solicitor (not necessarily a conveyancing solicitor in Carbis Bay)to be in the office at the appropriate time.
When reviewing online forums for an affordable solicitor in Carbis Bay, most post that I must use a CQS kitemarked lawyer. Can you explain what CQS is?
The Law Society's Conveyancing Quality Scheme is the recognised kitemark for legal experts in home moving process, trusted by some of the UK's biggest lenders. Four years ago the Conveyancing Quality Scheme was officially recognised by the Legal Ombudsman. CQS is not a scheme offered by the Council of Licensed Conveyancing. Carbis Bay is one of the numerous areas of the UK where there are CQS solicitors.
I am close to exchanging contracts on the sale of our home in Carbis Bay and the buyers lawyers are claiming that there is a possibility that the property was built on contaminated land. Any high street Carbis Bay conveyancer would know this is not the case. It does beg the question why the buyers instructed a factory type conveyancing firm rather than a conveyancing solicitor in Carbis Bay. We have lived in Carbis Bay for 4 years we know of no issue. Is it a good idea to contact our local Authority to seek confirmation that there is no issue.
It would appear that you have a conveyancing lawyer currently acting for you. What do they say? You should enquire of your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out life insurance to cover that same sickness)
Yesterday I discovered that there is a flying freehold issue on a property I have offered on last month in what should have been a quick, no chain conveyancing. Carbis Bay is where the house is located. What do you suggest?
Flying freeholds in Carbis Bay are unusual but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Carbis Bay you would need to get your solicitor to go through the deeds thoroughly. Your mortgage company may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Carbis Bay 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 residence.
My husband and I are selling a Carbis Bay flat we inherited 8 years ago in 2012. I have over ten years conveyancing know-how and, although retired, intend to undertake the conveyancing. The buyer's solicitor has informed me that their mortgage company will not allow us to do our own conveyancing insisting the funds to be transferred to a solicitor's bank account.
Lending requirements to lawyers from all CML members state that If the seller is not legally represented the buyer’s lawyers should check whether the bank needs to be told so that a decision can be reached as to whether they are prepared to move forward.