Completed the sale of my flat in Queen's Park last November but the buyer keeps Skype messaging daily to say their conveyancer is waiting to hear from myconveyancer. What should have happened following completion?
Post completion of your sale your lawyer should forward the transfer deeds and all supplemental paperwork to the buyer’s solicitors. Where relevant, your lawyer should also send confirmation that the legal charge in favour of the lender has been paid off to the buyers conveyancers. There are no post completion tasks unique to conveyancing in Queen's Park.
We wanted to use a property lawyer in Queen's Park for our house move. Our financial adviser has since advised us that our mortgage lenders Clydesdale won't deal with them. Why is this not regarded as unfair competition?
Pre- 2008 most mortgage companies had an appetite for risk which was higher than today. Almost all Queen's Park conveyancing firms would have been on many mortgage company panels. The Financial Services Authority in 2010 completed a thematic review into mortgage fraud which come to the conclusion: know the conveyancing solicitors dealt with. Consequently, lenders have regularly sought more information from law firms about their operations and their employees as well as set certain criteria such a completing on a minimum number of conveyancing. Many Queen's Park conveyancing firms that have been excluded from lender panels have Unblemished track record, no complaints and no claims and didn't just 'dabble' in conveyancing. Queen's Park is amongst the thousands of locations where the conveyancers we list are members of the panel for Clydesdale.
Should our lawyer be raising questions concerning flooding during the conveyancing in Queen's Park.
Flooding is a growing risk for lawyers specialising in conveyancing in Queen's Park. Plenty of people will buy a house in Queen's Park, fully expectant that at some time, it may be flooded. However, leaving to one side the physical damage, where a house is at risk of flooding, it may be difficult to obtain a mortgage, satisfactory building insurance, or sell the premises. There are steps that can be taken as part of the conveyancing process to forewarn the buyer.
Conveyancers are not best placed to offer advice on flood risk, but there are a number of searches that may be initiated by the buyer or on a buyer’s behalf which will give them a better understanding of the risks in Queen's Park. The conventional set of property information forms given to a purchaser’s lawyer (where the Conveyancing Protocol is adopted) contains a usual question of the owner to determine if the property has historically flooded. In the event that flooding has previously occurred which is not revealed by the seller, then a purchaser may commence a legal claim for losses as a result of such an incorrect answer. The buyer’s solicitors should also order an environmental search. This will disclose whether there is any known flood risk. If so, further inquiries will need to be carried out.
I'm refinancing my existing property to a BTL mortgage with Alliance & Leicester and intend to use the remaining equity as a deposit on a second house. The location we are talking about is Queen's Park. Will your solicitors be able to act for the two lenders and link together the transactions?
Make use of our search tool on this page to ensure that the solicitors are approved by both banks. On the basis that they are your lawyer should be able to tie up the two conveyancing matters but you should have a chat with you solicitor and communicate your expectations and requirements.
I need to retain a conveyancing solicitor for residential conveyancing in Queen's Park. I happened to discover a web site which seems to have the perfect offering If it is possible to get all this stuff completed via email that would be preferable. Do I need to be concerned? What are the potential pitfalls?
As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?