My wife and I are acquiring a newly built apartment in Bordon and my conveyancer is advising me that she has to the mortgage company to disclose incentives from the seller. I am under pressure to exchange contracts and I would rather not prolong matters. is my lawyer playing by the book?
You should not exchange unless you have been advised to do so by your solicitor. A precondition to being on a lender panel is to comply with the UK Finance Lenders’ Handbook provisions. The CML Conveyancing Handbook requires that your lawyer have the appropriate Disclosure of Incentive form completed by the developer and accepted by your lender.
It is a dozen years since I acquired my house in Bordon. Conveyancing lawyers have recently been instructed on the sale but I am unable to track down the title deeds. Will this cause complications?
Don’t worry too much. Firstly there is a chance that the deeds will be with the mortgage company or they may still be with the lawyers who handled the purchase. Secondly the chances are that the property will be registered at the land registry and you will be able to establish that you own the property by your conveyancing lawyers procuring current official copies of the land registers. The vast majority of conveyancing in Bordon relates to registered property but in the rare situation where your property is unregistered it is more problematic but is not insurmountable.
We are due to move home in January. Does my conveyancing solicitor communicate with the removal company on the day of completion. On a separate note, can you recommend a removal company in Bordon. Conveyancing lawyer was found before I stumbled across your page.
On the afternoon of completion you will need to collect the keys from the selling agent however this can only be done when the sellers lawyers confirm to the agent that they have the completion monies and the keys can be given over. After that you can tell the removal company that you are ready to move in. We are not in a position to suggest a particular removal organisation but can assist you in locating a residential property solicitor in Bordon or a solicitor that specialises in conveyancing in Bordon.
My solicitor has informed me that lack of building regulations insurance is necessary on my purchase. What is the typical level of cover needed for conveyancing in Bordon?
The right level of lack of building regulations indemnity insurance depends on who your lender is. It would differ for example between Accord Mortgages Ltd and Chelsea Building Society. Conveyancing solicitors as opposed to members of the public take out such insurances.
Coventry BS have agreed my home loan in principle, my bid on a apartment in Bordon has been accepted, what happens next?
Your estate agent will need to be advised as to your lawyer's details (make sure the property lawyers are on the lender’s panel). Call up Coventry BS or the financial adviser and complete any outstanding forms. Coventry BS will instruct a valuer who will get in contact with the selling agent or owners to arrange an appointment. Once conducted (assuming no problems) it takes on average a week to receive the mortgage offer. Coventry BS will send the offer to you and your lawyers. The legal work will then take it’s course according the nature and complexity of the conveyancing in Bordon.
Me and my brother own a renovated Georgian house in Bordon. Conveyancing solicitor represented me and Norwich and Peterborough Building Society. I did a free Land Registry search last week and there are a couple of entries: one for freehold, another for leasehold under the exact same address. Is it worth asking Norwich and Peterborough Building Society to clarify?
You should review the Freehold register you have again and check the Charges Register for mention of a lease. The best way to be sure that you are also the registered owner of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Bordon and other locations in the country and poses no real issues for owners other than when they mortgage they have to account for both freehold and leasehold interests when dealing with purchasers. You can also enquire as to the situation with your conveyancing practitioner who conducted the purchase.
My business partner and I are hoping to lease a unit on the high street. Can you recommend solicitors offering competitive charges for non-domestic conveyancing in Bordon for below £2000?
We can recommend firms who have an in-depth of experience of commercial conveyancing in Bordon, including the sale and acquisition of businesses as well as simply property. Whether you are intending to buy or sell a shop, pub, restaurant, office, retail premises or a complete business we can find you the right lawyer. Regarding the charges this will depend on the structure and terms of the deal. Please provide us with your details or call so as to enable us to furnish you with comprehensive commercial conveyancing quote.
I bought a property in Bordon last 21/9/2023 and to date it is still not recorded with HMLR. It was part of a new estate and my property lawyer told me that it may take twelve months to complete the registration formalities. I have spoken with the Land Registry directly and they have informed me the initial application was cancelled due to failure to reply to requisitions. Do I need to be concerned?
It is your conveyancer that you really need to contact in order to satisfy any issues which have arisen as part of the registration process for your Bordon property. Normal Bordon conveyancing practice includes an undertaking on the part of the previous owner’s property lawyer that they will assist in resolving any requisition raised by HMLR so it may be a case of seeking to enforce that undertaking if necessary.