It is a dozen years since I bought my home in Burntwood. Conveyancing lawyers have now been retained on the sale but I can't find the deeds. Will this jeopardise the sale?
Don’t worry too much. Firstly there is a possibility that the deeds will be kept by the lender or they could be archived with the solicitor who acted in the purchase. Secondly in most cases the title will be recorded at the land registry and you will be able to establish that you are the registered owner by your conveyancing solicitors obtaining current official copies of the land registers. The vast majority of conveyancing in Burntwood relates to registered property but in the rare situation where your property is unregistered it is more problematic but is not insurmountable.
There is lots of here concerning conveyancing in Burntwood but can you isolate your top tip for appointing the right conveyancer in Burntwood
We would encourage you not to go for the cheapest Burntwood conveyancing costs illustration. You really do get what you pay for when it comes to conveyancing solicitors. A cheap quote may mean that the conveyancing solicitor is handling a lot of jobs at one time and you won’t get the quality of service and the attention that you need. It is, however, wise to use a conveyancer who has a fixed fee on a no sale, no fee basis. This way, you know exactly what you’ll have to pay in ahead of time.
My wife and I have organised the release of further monies on our home loan from Leeds Building Society as we want to carry out renovations to our property in Burntwood. Do we need to choose a bricks and mortar Burntwood solicitor on the Leeds Building Society conveyancing panel to handle the paperwork?
Leeds Building Society do not ordinarily appoint firms on their approved list of lawyers to handle such a matter. If they do require any legal work then you would need to ensure that such a lawyer was on the Leeds Building Society list.
I had a mortgage agreed in principle with Leeds Building Society. Burntwood conveyancing practitioners were instructed. What is the average time that one could expect to receive a mortgage offer from Leeds Building Society?
There is no definitive answer here. Have Leeds Building Society conducted the survey? Have you advised Leeds Building Society as to your lawyers' details and checked that your lawyers are on the Leeds Building Society conveyancing panel? Sometimes it can take as long as six weeks for a mortgage offer to be issued.
Are there restrictive covenants that are commonly picked up as part of conveyancing in Burntwood?
Restrictive covenants can be picked up when reviewing land registry title as part of the process of conveyancing in Burntwood. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’
I have been on the look out for a leasehold apartment up to £235,500 and found one near me in Burntwood I like with amenity areas and transport links nearby, however it only has 49 years on the lease. There is not much else in Burntwood suitable, so just wondered if I would be making a mistake buying a lease with such few years left?
Should you need a home loan that many years will likely be problematic. Reduce the offer by the expected lease extension will cost if not already taken into account. If the existing proprietor has owned the premises for a minimum of twenty four months you could request that they commence the lease extension formalities and pass it to you. You can add 90 years to the existing lease term and have £0 ground rent by law. You should speak to your conveyancing solicitor concerning this.
How straightforward is it to use the search tool to get a quote from a conveyancing practitioner in Burntwood on the approved list for my mortgage?
1st pick a lender such as Halifax, Chelsea Building Society or Godiva Mortgages Ltd then specify your location for instance Burntwood. Conveyancing firms in Burntwood and further afield should be listed.
Our solicitor in Burntwood has informed me that he requires identification documents asserting that this is part of his obligations as a conveyancer on the lender Conveyancing panel. Can this be correct?
Due to Money Laundering Regulations your conveyancing lawyer is duty bound to confirm positively your identification when entering into a business relationship with you. It is a criminal offence if your lawyer not do this. If you do not provide ID early in the transaction the solicitor must refuse to act for you. It’s unlikely a lawyer will turn you away if you come to the first meeting without relevant ID but you will have to produce it at some point so you might as well bring it with you to the initial meeting so the lawyer can tick the ID verification box and start sorting out the conveyancing straight away. If you are getting a mortgage, your lawyer also has to check ID documents to satisfy the mortgage company. This is not specific to conveyancing in Burntwood