Completed the sale of my flat in Hawkshead last January but the buyer keeps telephoning every few hours to say his conveyancer needs to hear from mysolicitor. What are the post completion sale formalities following completion?
Post completion of your sale your conveyancer is duty bound to send the transfer deeds and all of the paperwork to the buyer’s lawyers. Depending on the transaction, your conveyancer must also confirm that the home loan has been redeemed to the buyers solicitors. There are no post completion procedures just for conveyancing in Hawkshead.
I am considering applying for a Clydesdale mortgage for purchase of a new build (under development) in Hawkshead with 65 per cent loan to value. Is it compulsory to choose a solicitor on the conveyancing panel for Clydesdale ?
There is nothing to stop you using your solicitor, but Clydesdale will insist on their interests being represented by a firm on their conveyancing panel. There is greater potential for delays and confusion with two solicitors involved, and it will undoubtedly be more expensive too.
I am buying a new build flat in Hawkshead. Conveyancing is daunting at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build legal work.
Set out below is a sample of a few leasehold new build enquiries that you should expect your new-build leasehold conveyancing in Hawkshead
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If there are lifts in the building, please confirm that the owners of flats on the ground and basement floors will not be required to contribute towards the cost of maintenance and renewal. The Vendor must covenant to keep unsold units in good repair until long leases are granted therefore. Where service of notices and proceedings can be at the property demised please confirm that this can be amended to include simultaneous services at the Lessees’ solicitors’ offices where the Lessee from time to time is not resident in the UK - such solicitors may be varied by notice in writing to the Landlord from time to time but otherwise will be as previously specified. The Lease must contain a provision on behalf of the Vendor to pay the service charges in respect of unoccupied units in order to ensure that all services can be provided. The Landlord must covenant to assume the management if the Management Company goes into liquidation or otherwise defaults in running the management scheme.
I've recently found out that there is a flying freehold element on a property I have offered on last month in what was supposed to be a simple, chain free conveyancing. Hawkshead is where the house is located. Is there any guidance you can give?
Flying freeholds in Hawkshead are not the norm but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Hawkshead you must be sure that your lawyer goes through the deeds very carefully. Your lender may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Hawkshead may decide 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.
Should I use a Hawkshead conveyancing lawyer based in the area that I am buying? We have a good friend who can deal with the legal work but her office is a couple of hundredmiles away.
The benefit of a high street Hawkshead conveyancing firm is that you can pop in to sign paperwork, hand in your identification documents and pester them where appropriate. Having local Hawkshead know how is a bonus. However nothing is more important than finding someone that will do a good and efficient job. If if people you trust used your friend and the majority were content that must outweigh using an unfamiliar Hawkshead conveyancing lawyer just because they are based in the area.