Having sold my house in Wiveliscombe last January yet the purchaser is telephoning me complaining that their solicitor is waiting to hear from mine. What are the post completion sale formalities following completion?

After completion of your disposal your lawyer is committed to deliver the transfer documentation and all additional paperwork to the purchaser's solicitors. Depending on the transaction, your solicitor must also confirm that the home loan has been paid off to the purchasers lawyers. There are no post completion requirements peculiar conveyancing in Wiveliscombe.

Can you clarify what the consequences are if my lawyer’s firm is expelled from the Kent Reliance Conveyancing panel ahead of completing my conveyancing in Wiveliscombe?

First, this is very unlikely to happen. In most cases even where a law firm is removed off of a panel the lender would allow the completion to go ahead as the lender would appreciate the difficulties that they would place you in if you have to instruct a new solicitor days before completion. In a worst case scenario where the lender insists that you instruct a new firm then it is possible for a very good lawyer to expedite the conveyancing albeit that you may pay a significant premium for this. The analogous situation is where a buyer instructs a lawyer, exchanges contracts and the law firm is shut down by a regulator such as the SRA. Again, in this situation you can find lawyers who can troubleshoot their way to bring the conveyancing to a satisfactory conclusion - albeit for a fee.

I am downsizing from my property. My previous lawyers has retired. I would be grateful for any recommendation of a conveyancing firm. Im based in Wiveliscombe if that makes things easier.

Please use our search tool to help you choose a solicitor for your conveyancing in Wiveliscombe. We have connected thousands of home buyers and sellers with lender approved solicitors to ensure that the legalities of their house move goes with a minimum of fuss.

Should I choose a Wiveliscombe conveyancing practitioner who is local to the property I am purchasing? I have an old university friend who can perform the legal work but her office is 400miles drive away.

The benefit of a local Wiveliscombe conveyancing practice is that you can visit the firm to execute paperwork, deliver your ID and pester them if necessary. Having local Wiveliscombe know how is a benefit. That being said nothing is more important than finding someone that will pull out all the stops for you. If you know people who instructed your friend and they were impressed that must surpass using an unknown Wiveliscombe conveyancing solicitor solely due to them being local.

Can you provide any top tips for leasehold conveyancing in Wiveliscombe with the intention of expediting the sale process?

• Much of the delay in leasehold conveyancing in Wiveliscombe can be avoided if you instruct lawyers the minute your agents start marketing the property and request that they start to collate the leasehold documentation which will be required by the purchasers’ representatives.
A minority of Wiveliscombe leases require Licence to Assign from the landlord. If this is the case, it would be prudent to notify your estate agents to make sure that the purchasers obtain financial (bank) and professional references. Any bank reference will need to confirm that the buyers are financially capable of paying the annual service charge and the actual amount of the service charge should be quoted in the bank’s letter. You will therefore need to provide your estate agents with the service charge figures so that they can pass this information on to the purchasers or their solicitors. You may think that you are aware of the number of years remaining on your lease but it would be advisable double-check by asking your lawyers. A purchaser's conveyancer will be unlikely to recommend their client to to exchange contracts if the remaining number of years is less than 80 years. It is therefore essential at an as soon as possible that you consider whether the lease term for your property needs extending. If it does, contact your solicitors before you put your home on the market for sale. If there is a history of conflict with your freeholder or managing agents it is essential that these are resolved prior to the flat being put on the market. The purchasers and their solicitors will be reluctant to purchase a flat where a dispute is ongoing. You may have to bite the bullet and pay any arrears of service charge or settle the dispute prior to the buyers completing the purchase. It is therefore preferable to have any dispute settled prior to the contract papers being issued to the buyers’ solicitors. You are still duty bound to disclose details of the dispute to the purchasers, but it is better to reveal the dispute as over rather than unresolved.

Leasehold Conveyancing in Wiveliscombe - Sample of Questions you should ask before buying

The prefered form of lease structure is if the freehold interest is owned by the leaseholders. In this arrangement the tenants benefit from control and even though a managing agent is frequently retained if the building is bigger than a house conversion, the managing agent employed by the leaseholders. Where a Wiveliscombe lease has no more than 80 years it will affect the marketability of the property. It is worth checking with your lender that they are willing to go ahead with the loan given the lease term. Leases with fewer than 80 years remaining means that you will probably have to extend the lease sooner rather than later and you need to have some idea of how much this will be. For most Wiveliscombelease extensions you would be required to have been the owner of the premises for 24 months before you are legally able to carry out a lease extension.