I am obtaining a mortgage offer from Halifax. My intention is to use a Licensed Conveyancer in Bedworth. Does the Halifax Solicitor panel include Licensed Conveyancers?
The Halifax conveyancing panel is, like many other lenders, represented by the CML or BSA, open to Licensed Conveyancers regulated by the Council of Licensed Conveyancers.
I require conveyancing for an apartment in a relatively new development (seven years old) in Bedworth. 95% of the appartments have already been sold. Do I need carry out the local searches as part of conveyancing in Bedworth?
A big part of the Bedworth legal transfer of property is the conveyancing searches. There are numerous search providers conducting Bedworth conveyancing searches, as well direct from the local authority. These are usually referred to as personal search companies due to them carrying out, personal searches. Nevertheless, all Local Authority Search conveyancing products have one thing in common - they must secure their information from the local authority.
It is 10 years ago since I purchased my house in Bedworth. Conveyancing solicitors have recently been retained on the sale but I can't find my deeds. Is this a problem?
You need not be too concerned. First there is a chance that the deeds will be with your lender or they may be archived with the solicitor who oversaw your purchase. Secondly in most cases the property will be registered at the land registry and you will be able to prove you are the registered owner by your conveyancing solicitors procuring current official copies of the land registers. Almost all conveyancing in Bedworth relates to registered property but in the unlikely event that your property is not registered it adds to the complexity but is resolvable.
The deeds to my property can not be found. The lawyers who conducted the conveyancing in Bedworth 10 years ago no longer exist. What are my options?
You no longer need to hold title official documentation to prove you are the owner of your registered land or premises, given that the Land Registry hold details of all registered land or property electronically.
How does conveyancing in Bedworth differ for new build properties?
Most buyers of new build residence in Bedworth come to us having been asked by the seller to exchange contracts and commit to the purchase even before the premises is ready to move into. This is because house builders in Bedworth typically buy the real estate, 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 conveyancing solicitors 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 Bedworth or who has acted in the same development.
I have been recommended by numerous property agents in Bedworth to select a property lawyer using your seach tool. What’s the financial incentive for Estate Agents to offer your services ahead of another?
We refuse to offer any commission for pointing buyers and sellers in our direction. We thought it would be too underhand to pay a commission because a client could think, ‘How come the agent getting a kickback? Why aren’t I receiving any benefit too?’ We would prefer to grow our business on genuine recommendations.