Can the conveyancing solicitors that you recommend execute auction conveyancing in Surrey Quays?
We know of a number of niche lawyers we can put you in touch with those conducting auction conveyancing. Surrey Quays is just one of our locations where our lawyers are based.
Having sold my house in Surrey Quays last March yet the purchaser is calling daily to say their solicitor is waiting to hear from mylawyer. What should have happened now that I have sold?
Post completion of your house sale your lawyer is committed to forward the transfer documentation and all supplemental paperwork to the purchaser's solicitors. Depending on the transaction, your conveyancer must also evidence that the mortgage has been discharged to the buyers conveyancers. There is unlikely to be post completion tasks peculiar conveyancing in Surrey Quays.
We're in Surrey Quays, First timers buying with a mortgage (lender is Nationwide , and our solicitor is on the Nationwide conveyancing panel). How long should the conveyancing process take?
The fact that your lawyer is on the Nationwide conveyancing panel is a help. It would almost certainly delay matters if they were not. However, no conveyancer should guarantee a timeframe for your conveyancing, due to third parties outside of your control such as delays caused by lenders,conveyancing search providers or by the other side’s solicitors. The time taken is often determined by the number of parties in a chain.
Me and my partner are purchasing a house in Surrey Quays. It might be a silly question but how we can trust a solicitor? At some point we have to put money into their account. What is the protection we have from them run away with our money?
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.
Forgive me if this question is silly but I am unseasoned as a 1st time purchaser of a two bedroom flat in Surrey Quays. Do I receive the keys to the property on completion from my solicitor? If this is the case, I will use a High Street conveyancing solicitor in Surrey Quays?
On the day of completion you will not be required to go to the conveyancers office in Surrey Quays. Your solicitors will electronically transfer the purchase money to the owner’s solicitors, and shortly after the monies have arrived, you will be invited to collect the keys from the property Agents and start moving into the property. This tends to happen early afternoon.
I happen to be the single beneficiary of my late grandmother’s estate and I have everything in my name now, including the my former home in Surrey Quays. The Surrey Quays property was put into my name in November. I plan to dispose of the house. I understand that there is a CML six month 'rule', which means that my proprietorship will be regarded the same way as though I had purchased the property in November. Will no one buy the property for half a year?
The Council of Mortgage Lenders’ handbook instructs conveyancers to: "report to us immediately if the owner or registered proprietor has been registered for less than six months." By the strict wording you might be impacted by that. many mortgage companies would take a sensible view as this provision principally exists to capture subsales or the flipping of property.
Should our lawyer be raising questions about flooding during the conveyancing in Surrey Quays.
The risk of flooding is if increasing concern for lawyers dealing with homes in Surrey Quays. There are those who acquire a property in Surrey Quays, completely aware that at some time, it may suffer from flooding. However, aside from the physical destruction, if 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 during the course of a house purchase to forewarn the buyer.
Lawyers are not qualified to give advice on flood risk, but there are a various searches that can be carried out by the buyer or on a buyer’s behalf which can figure out the risks in Surrey Quays. The conventional set of completed inquiry forms given to a buyer’s conveyancer (where the solicitors are adopting what is known as the Conveyancing Protocol) contains a usual question of the seller to discover if the premises has historically flooded. If the residence has been flooded in past which is not disclosed by the vendor, then a buyer may commence a compensation claim resulting from an incorrect reply. The purchaser’s lawyers may also carry out an enviro report. This will higlight if there is any known flood risk. If so, more detailed investigations will need to be initiated.