It is is a decade since I bought my home in Addiscombe. Conveyancing solicitors have just been retained on the sale but I am unable to locate the title documents. Is this a problem?
You need not be too concerned. Firstly the deeds may be retained by the mortgage company or they could be in the possession of the conveyancers who oversaw your purchase. Secondly in all probability the land will be registered at the land registry and you will be able to establish that you own the property by your conveyancing lawyers obtaining current official copies of the land registers. Most conveyancing in Addiscombe relates to registered property but in the unlikely event that your home is not registered it adds to the complexity but is not insurmountable.
We are selling our house in Addiscombe. Does the lawyer need to be required to be on the Nationwide conveyancing panel in order to deal with redeeming my mortgage?
Ordinarily, even if your lawyer is not on the Nationwide conveyancing panel they can still act for you on your sale. It might be that the lender will not release the original deeds (if applicable and increasingly irrelevant) until after the mortgage is paid off. You should speak to your lawyer directly before you start the process though to ensure that there is no problem as lenders are changing their requirements fairly frequently currently.
About to purchase a new build apartment in Addiscombe. Conveyancing is daunting at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build conveyancing.
Set out below is a sample of a selection of leasehold new build questions that you can expect your new-build leasehold conveyancing in Addiscombe
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There must be mutual enforceability of lessee’s covenants. Please confirm the Lease plans are surveyor prepared. Please supply evidence that the form of Lease proposed has been approved by the Land Registry. Please supply a car parking plan. Investor purchasers must be able to freely grant unsecured tenancies at market rents without requiring any consents.
I opted to have a survey carried out on a property in Addiscombe before instructing conveyancers. I have been told that there is a flying freehold aspect to the property. My surveyor has said that some mortgage companies will not grant a mortgage on a flying freehold house.
It depends who your proposed lender is. Lloyds has different requirements from Birmingham Midshires. If you e-mail us we can check with the appropriate lender. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Addiscombe. Conveyancing may be slightly more expensive based on your lender's requirements.
We are four weeks into a leasehold purchase having been recommend to solicitors by the high street agent to execute conveyancing in Addiscombe. I am not happy. Could you you assist me in finding new conveyancers?
They would need to be really poor to suggest replacing them. Has the mortgage been issued? If so you need to inform them of the new contact details and ensure the loan are re-issued. Your conveyancer needs to be on the lenders approved list to avoid added expenses and delays. So that should be your starting point. The search tool will help you find a lender approved conveyancer for your home move in Addiscombe
Online reading suggests that Addiscombe solicitors are more costly than Addiscombe conveyancers in Addiscombe to use when buying a property. Am I better off using a conveyancer or a solicitor where I am purchasing for my home move in Addiscombe.
When it comes to conveyancing in Addiscombe the costs are unlikely to vary dramatically depending on whether the legal expert is a licenced conveyancer or solicitor.