Finally the sale completed on my house in Emsworth last June but our buyer keeps Skype messaging every few hours complaining that their solicitor is waiting to hear from mine. What should have happened now that I have sold?
After completion of your disposal your solicitor is committed to forward the transfer deeds and all supplemental paperwork to the buyer’s conveyancer. Where relevant, your lawyer should also send confirmation that the home loan has been discharged to the buyers solicitors. There are no post completion requirements unique to conveyancing in Emsworth.
When it comes to lenders such as Clydesdale, do Emsworth property lawyers have to pay a fee to be on the list of approved solicitors?
We are not aware of any lender fees to register on their panel, although some do charge an administration charge to deal with the processing of the conveyancing panel application.
I can not fathom if my bank obliges me to make sure the lease term for the flat is extended prior to the completion date. I have called my Emsworth building society branch on a couple of occasions and was advised it wasn't a problem and they would lend. My Emsworth conveyancing solicitor - who is on the bank conveyancing panel- called and was told they refuse to lend in accordance with their published requirements. Who do I believe?
Your property lawyer must follow the Council of Mortgage Lenders’ Handbook section two conditions for your lender. Unless your lawyer obtains specific confirmation in writing that the bank will go ahead, your lawyer has no choice but to refrain from exchanging contract and committing you to the purchase. We would suggest that you ask the mortgage company to contact your lawyer in writing confirming that they will accept the number of years left on the lease.
I am selling my apartment. I had a double glazing fitted in May 2006, but did not receive a FENSA certificate or Building Regulation Certificate. My purchaser’s lender, Bank of Ireland are being problematic. The Emsworth solicitor who is on the Bank of Ireland conveyancing panel is happy to accept ‘lack of building regulation’ insurance but Bank of Ireland are requiring a building regulation certificate. Why do Bank of Ireland have a conveyancing panel if they don't accept advice from them?
It is probably the case that Bank of Ireland have referred the matter to their valuer. The reason why Bank of Ireland may not want to accept indemnity insurance is because it does not give them any reassurance that the double glazing was correctly and safely installed. The indemnity insurance merely protects against enforcement action which is very unlikely anyway.
I know that there are debates on Chancel Insurance on online forums. Do I need this when acquiring a house in Emsworth? or I am told that there is a law dating back centuries that could mean that owners of property living in a parish church boundary may be liable to pay for repairs towards the chancel within the church. Is this appropriate for conveyancing in Emsworth?
Unless a prior purchase of the property took place after 12 October 2013 you could assume that conveyancing practitioners delivering conveyancing in Emsworth to continue to suggest a chancel search and or insurance against a claim.
Are there restrictive covenants that are commonly picked up as part of conveyancing in Emsworth?
Restrictive covenants can be picked up when reviewing land registry title as part of the legal transfer of property in Emsworth. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’
My hope is to acquire a ground floor flat in Emsworth. Conveyancing lawyer has been waiting for, from the seller, building insurance schedule. I was told today I was advised that the owner needs to send the insurance schedule for the flat above also. Why would my solicitor need to check the insurance for the flat above? Is it strictly required? We have been stalled for the previous fortnight…
It is not unheard of in leasehold conveyancing in Emsworth to find Conveyancing in Emsworth in a minority of cases reveals that the lease requires the tenant's to insure their individual flats as opposed to the freeholder insuring the whole premises - which is definitely preferable. Do clarify with your conveyancing practitioner but it would appear that your conveyancer is seeking to verify that the entire building is insured. Insuring a ground floor residence is no help when it comes to rebuilding after a fire if the other flat cannot be rebuilt for lack of insurance.