Having sold my house in Caldicot last spec month yet the purchaser is telephoning me to say their solicitor needs to hear from mylawyer. What are the post completion sale legalities following completion?
Following your disposal your lawyer should forward the transfer documentation and all supplemental paperwork to the buyer’s lawyers. If applicable, your conveyancer should also send confirmation that the legal charge in favour of the lender has been repaid to the purchasers lawyers. There is unlikely to be post completion steps unique to conveyancing in Caldicot.
How does conveyancing in Caldicot differ for new build properties?
Most buyers of new build or newly converted property in Caldicot approach us having been asked by the builder to exchange contracts and commit to the purchase even before the premises is built. This is because house builders in Caldicot typically buy 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 conveyancers 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 Caldicot or who has acted in the same development.
What tools are available to search for a Caldicot law firm on the conveyancing panel? I have a car and am willing to travel up to 10kilometers to meet the conveyancer.
Feel free to make use of the search on this website. Please pick a lender and your location and you will see a number of Caldicot conveyancing lawyers locally. We have detailed some Caldicot conveyancing firms towards the end of this page and you can ring them to see if they are on the member panel