Having sold my house in Lifton last August but the buyer keeps whats apping me complaining that her solicitor needs to hear from mine. What should have happened following completion?
Following your sale your lawyer should deliver the transfer documentation and all of the paperwork to the buyer’s solicitors. If applicable, your lawyer should also evidence that the mortgage has been discharged to the buyers conveyancers. There are no post completion formalities specific conveyancing in Lifton.
I am buying a house and need a conveyancing solicitor in Lifton who is on the Skipton Building Society solicitor. Can you recommend a local solicitor?
Our service is limited to being a directory service for firms who wish to listed as being on the approved conveyancing panel for Skipton Building Society in certain locations such as Lifton. We dont recommend any particular firm.
My bid for a property was accepted at auction in Lifton. Conveyancing is needed. What are my next steps?
Having exchanged you should appoint a conveyancing practitioner as a matter of urgency as you are facing a pending deadline in which to complete the property. All auction property should have a bespoke legal pack. This should include the copy title deeds, local authority and drainage searches. If you have purchased leasehold property the auction papers may include a copy of the lease, management information and a sellers leasehold information form and other conveyancing paperwork pertinent to a leasehold property. You must give this to the lawyer working for you at the earliest opportunity. Do make sure that you have funds in order to complete the transaction on the set completion date.
Is it the case that all Lifton CQS (Conveyancing Quality Scheme) solicitors are on the Leeds Building Society conveyancing panel?
It is true that some banks and building societies now utilise CQS as the kick off point for Panel approval such as HSBC and Santander. The Law Society’s CQS membership however is no guarantee to lender panel acceptance. Nevertheless,the Council of Mortgage Lenders have indicated that it is likely to become a pre-requisite for solicitor practices wishing to join their approved list of firms.
Principality have agreed my mortgage in principle, my bid on a property in Lifton has been agreed to, what are the next steps?
Your property agent will wish to know who your solicitors are (be sure the property lawyers are on the bank’s approved list). Call up Principality or the financial adviser and finish off any relevant documentation. Principality will sellect a valuer who will get in touch with the selling agent or owners to book a slot for the valuation to take place. Once carried out (assuming no problems) it takes about ten days to get a mortgage offer. Principality will send the offer to you and your conveyancers. The legal work will then take it’s course according the nature and complexity of the conveyancing in Lifton.
How does conveyancing in Lifton differ for new build properties?
Most buyers of new build or newly converted property in Lifton come to us having been asked by the housebuilder to sign contracts and commit to the purchase even before the premises is built. This is because developers in Lifton tend to acquire the site, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct property lawyers as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are accustomed to new build conveyancing in Lifton or who has acted in the same development.
I've recently found out that there is a flying freehold issue on a house I put an offer in last month in what should have been a quick, no chain conveyancing. Lifton is where the house is located. What do you suggest?
Flying freeholds in Lifton are not the norm but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Lifton you would need to get your solicitor to go through the deeds thoroughly. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Lifton 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 premises.