Completed the sale of my flat in Malton last spec month but the buyer keeps Skype messaging every few hours to moan that his lawyer is waiting to hear from myconveyancer. What are the post completion sale legalities following completion?
Post completion of your house sale your lawyer is obliged to send the transfer deeds and all supplemental paperwork to the buyer’s lawyers. If applicable, your conveyancer should also send confirmation that the mortgage has been redeemed to the buyers solicitors. There are no post completion tasks unique to conveyancing in Malton.
It has been three months following my purchase conveyancing in Malton completed. I have checked the Land Registry website which shows that I paid £175,000 when infact I paid £160,000. Why the discrepancy?
The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the residence from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.
I'm buying a new build house in Malton with a loan from . The developers refused to move on the amount so I negotiated 6k of extras instead. The property agent advised me not reveal to my solicitor about the side-deal as it would adversely affect my mortgage with the lender. Do I keep my lawyer in the dark?.
All lenders require a Disclosure of Incentives Form from the developer of any new build, converted or renovated property, It is available online from the Lenders’ Handbook page on the CML website. CML form is completed and handed to the lender's surveyor when the inspection is done.
Lenders have different policies on incentives. Some accept none at all, cash or physical, while others will accept cash incentives up to 5%.
Hard to understand why the representative of a builder would be suggesting you withold information from a solicitor when all this will be clearly visible on forms the builder has to supply to its solicitor, the buyer's solicitor and the surveyor.