Finally the sale completed on my house in Silverstone last March yet the purchaser is SMS messaging every few hours complaining that his lawyer is waiting to hear from myconveyancer. What should have happened following completion?
Following your sale your lawyer is duty bound to forward the transfer documentation and all of the paperwork to the buyer’s lawyers. Depending on the transaction, your solicitor should also confirm that the home loan has been redeemed to the buyers solicitors. There is unlikely to be post completion tasks just for conveyancing in Silverstone.
My wife and I are buying a flat in Silverstone. I might seem paranoid but how we can trust a conveyancer? At some point we will need to deposit our life savings into their account. What protection do we have from them run away with our deposit?
Be assured that all money in a Solicitors client account is 100% safe, and even if your Solicitor ran off with it, the Law Society would reimburse you fully.
When it comes to lenders such as Barclays, do Silverstone solicitors have to pay a yearly amount to be on the list of approved solicitors?
We are not aware of any mortgage company fees to register on their panel, although some do charge an administration charge to deal with the processing of the conveyancing panel application.
Two weeks ago we had a mortgage agreed in principle with Coventry BS. Silverstone conveyancing solicitors have been instructed. What is the average time that one could expect to receive a mortgage offer from Coventry BS?
Some lenders take longer than others. Have Coventry BS done the survey? Have you informed Coventry BS as to your lawyers' details and checked that your lawyers are on the Coventry BS conveyancing panel? It is not unusual for a mortgage offer to take a month to come through.
Yesterday I discovered that there is a flying freehold element on a house I put an offer in last month in what should have been a simple, chain free conveyancing. Silverstone is the location of the property. Is there any advice you can impart?
Flying freeholds in Silverstone are not the norm but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Silverstone you would need to get your solicitor to go through the deeds diligently. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Silverstone 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 residence.
Taking into account that I will soon spend £400,000 on a terraced house in Silverstone I would like to talk to a solicitor regarding theconveyancing ahead of appointing the firm. Is this something that you can arrange?
This is something that we recommend - we would be delighted to talk to you we do not take any clients on without you first talking to the conveyancer due to be doing your property ownership legalities in Silverstone.There is no ‘factory style conveyancing’ - each client is unique individual, not a file number. The law firms that we put you in touch with believe that the figure you are quoted for your conveyancing in Silverstone should be the amount on the final invoice that you are charged.
I have been sourcing a conveyancing practitioner in Silverstone for my house move. Is it possible to see a firm’s record with the legal regulator?
One may review presented Solicitor Regulator Association (SRA) determinations arising from inquisitions commenced on or after 1 January 2008. Visit Check a solicitor's record. For records about the period before 1 January 2008, or to check a solicitors history, call 0870 606 2555, 08.00 - 18.00 any week day save for Tuesday when lines open at 9.30am. For callers outside the UK, dial +44 (0)121 329 6800. The SRA could monitor telephone calls for training reasons.