I was notified today by my financial adviser that my Bourne lawyer is not on the mortgage company Solicitor panel. How can I be sure whether this is correct?
Your first step should be to contact your Bourne conveyancer. You lawyer should advise you what has happened. Where they are not on the panel they may recommend you to a Bourne conveyancing practice that is on the conveyancing panel for your lender.
The owners have rather assertive sellers who has suggested a preliminary agreement with a down payment 10k. Is it wise to enter into such agreements?
Exclusivity contracts are contracts binding a home owner and purchaser granting the buyer the sole right to purchase the premises within an agreed time frame. For all intents and purposes, an exclusivity agreement is a contract stating that you will receive a contract at a later date which is the main conveyancing contract. It tends to be used for buyer confidence though in many situations, the proprietor may enjoy an upside from such agreements as well. There are many pros and cons to having an agreement but you should to check with your conveyancer but beware that it may end up incurring more in conveyancing charges. For these reasons these agreements are unusual in relation to conveyancing in Bourne.
It is 10 years ago since I bought my home in Bourne. Conveyancing lawyers have recently been appointed on the sale but I am unable to find the title documents. Will this cause complications?
Don’t worry too much. First the deeds may be with the mortgage company or they may be archived with the solicitor who handled your purchase. Secondly in all probability the title will be registered at the land registry and you will be able to establish that you own the property by your conveyancing solicitors acquiring current official copies of the land registers. Almost all conveyancing in Bourne involves registered property but in the unlikely event that your property is not registered it adds to the complexity but is not insurmountable.
Despite weeks of looking the Title Certificate and documents to my property can not be found. The conveyancers who conducted the conveyancing in Bourne 4 years ago are no longer around. Will I be able to sell the house?
Gone are the days when you need to hold title deeds to prove you are the owner of your registered land or premises, as the Land Registry hold details of all registered land or property electronically.
In sourcing the world wide web for the words on line conveyancing in Bourne it shows results of numerous solicitorsin the area. How do I determine which is the right property lawyer for me?
The best way of seeking the right conveyancer is via trusted testimonial, so ask colleagues and family who have acquired a property in Bourne or a reputable estate agent or mortgage broker. Costs for conveyancing in Bourne differ, so it's advisable to obtain at least four quotes from varying types of property lawyers. Make sure that you know what costs in the quote includes.
My partner and I have had DIP from Britannia who said that they will lend up to £117k. At what point do I need to appoint a practitioner for conveyancing? Bourne is where we are purchasing.
You can instruct a lawyer now and ask them to open a file for you. This will trigger: 1) the estate agent to send out the Sales Memo to all parties 2) the seller’s conveyancer to submit the draft agreement. That being said, do not instruct your solicitor to order searches until you receive your valuation report from Britannia and you are willing to proceed.