Finally the sale completed on my house in Leeds last November yet the purchaser is whats apping every few hours complaining that her conveyancer is waiting to hear from myconveyancer. What are the post completion sale formalities now that I have sold?
Following your house sale your conveyancer is committed to send the transfer deeds and all additional paperwork to the purchaser's solicitors. If applicable, your solicitor should also send confirmation that the mortgage has been discharged to the purchasers lawyers. There is unlikely to be post completion tasks just for conveyancing in Leeds.
Will my conveyancer be asking questions concerning flooding as part of the conveyancing in Leeds.
Flooding is a growing risk for lawyers dealing with homes in Leeds. There are those who acquire a property in Leeds, fully aware that at some time, it may be flooded. However, leaving to one side the physical destruction, where a property is at risk of flooding, it may be difficult to obtain a mortgage, adequate insurance cover, or sell the property. There are steps that can be taken as part of the conveyancing process to forewarn the purchaser.
Solicitors are not best placed to impart advice on flood risk, but there are a number of searches that can be carried out by the purchaser or by their conveyancers which will give them a better appreciation of the risks in Leeds. The conventional set of completed inquiry forms supplied to a buyer’s conveyancer (where the Conveyancing Protocol is adopted) contains a usual question of the seller to find out whether the property has suffered from flooding. In the event that flooding has previously occurred which is not revealed by the vendor, then a buyer could commence a legal claim for losses as a result of such an misleading response. A buyer’s solicitors will also order an environmental search. This should indicate if there is a recorded flood risk. If so, additional inquiries should be initiated.
Due to the advice of my in-laws I had a survey completed on a property in Leeds in advance of retaining lawyers. I have been advised that there is a flying freehold overhang to the property. My surveyor advised that some banks tend refuse to issue a loan on such a house.
It varies from the lender to lender. Santander has different instructions from Halifax. Should you wish to call us we can look into this further with the appropriate bank. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Leeds. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Leeds to see if the conveyancing costs will increase in light of this.
In sourcing the internet for the phrase on line conveyancing in Leeds it reveals numerous conveyancerslocally. With so much choice what is the best way to find the right solicitor for me?
The preferential way of choosing the right conveyancer is via personal referral, so enquire of friends and those you trust who have bought a property in Leeds or a respected estate agent or mortgage broker. Fees for conveyancing in Leeds vary, so it's advisable to obtain at least three estimates from different conveyancers. Make sure that you clarify that the fees are fixed.
Are there any apps to help find a Leeds conveyancing solicitor on the mortgage company conveyancing panel? I have a car and am prepared to travel up to 15miles to meet the solicitor.
Feel free to make use of the find a conveyancing panel search on this page. Please choose the lender and your location, in this case Leeds and you will see a number of lawyer located nearest Leeds. Alternatively you can type in the name of your proposed law firm and see if they are listed as being on the bank solicitor panel.