It is 10 years ago since I acquired my property in Chelsfield. Conveyancing solicitors have now been retained on the sale but I can't locate my title documents. Will this jeopardise the sale?
Don’t worry too much. First the deeds may be with the mortgage company or they could be archived with the solicitor who acted in your purchase. Secondly the chances are that the title will be recorded 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 Chelsfield involves registered property but in the rare situation where your home is not registered it is more tricky but is resolvable.
Will commercial conveyancing searches disclose planned roadworks that could impact a commercial site in Chelsfield?
Many commercial conveyancing solicitors in Chelsfield will order a SiteSolutions Highways report as it dramatically cuts the time that conveyancers spend in sourcing accurate data on highways that impact buildings and development assets in Chelsfield. The report provides definitive information on the adoption status of roads, footpaths and verges, as well as the implication of traffic schemes and the rights of way surrounding a commercial development sites in Chelsfield.
For every commercial conveyancing transaction in Chelsfield it is critical to investigate the adoption status of roads surrounding a site. The absence of identifying developments where adoption procedures have not been addressed adequately may result in delays to Chelsfield commercial conveyancing deals as well as present a risk to future intentions for the site. These searches are not carried out for domestic conveyancing in Chelsfield.
I acquired my home on 11 November and my personal details are still not on the land registry website. Should I be concerned? My conveyancing solicitor in Chelsfield said it should be recorded inside ten days. Are titles in Chelsfield particularly slow to register?
As far as conveyancing in Chelsfield registration is no quicker or slower than anywhere else in the country. As opposed to being determined by geographic area, timescales can adjust subject to the party submitting the application, whether there are errors and whether the Land registry must send notices to any other parties. Currently approximately three quarters of such applications are fully addressed within 12 days but some can be subject to protracted hold-ups. Historically registration occurs once the buyer has moved in to the premises thus post completion formalities is not usually primary concern but where there is a degree of urgency associated with the registration then you or your lawyers can communicate with the Registry to express the reasoning for the application to be prioritised.
I'm buying a new build house in Chelsfield with a loan from Aldermore. The sellers would not budge the amount so I negotiated £7000 of extras instead. The house builders rep advised me not disclose to my solicitor about this deal as it may put at risk my mortgage with Aldermore. Is this normal?.
All lenders require a Disclosure of Incentives Form from the builder of any new build, converted or renovated property, It is available online from the Lenders’ Handbook page on the CML website. CML form is completed and handed to the lender's surveyor when the inspection is done.
Lenders have different policies on incentives. Some accept none at all, cash or physical, while others will accept cash incentives up to 5%.
Hard to understand why the representative of a builder would be suggesting you withold information from a solicitor when all this will be clearly visible on forms the builder has to supply to its solicitor, the buyer's solicitor and the surveyor.
Am I better off to appoint a Chelsfield conveyancing practitioner in close proximity to the house I am hoping to buy? We have a good friend who can deal with the legal work but his firm is located 200kilometers drive away.
The benefit of a high street Chelsfield conveyancing practice is that you can pop in to execute paperwork, deliver your identification documents and apply pressure on them where appropriate. They will also have local knowledge which is a benefit. However nothing is more important than finding someone that will pull out all the stops for you. If other friends have instructed your friend and the majority were impressed that should trump using an unknown Chelsfield conveyancing lawyer solely due to them being local.
Should I cancel my mortgage payments with TSB once a completion date for my sale in Chelsfield has been set?
You are best advised to keep meeting any mortgage payments to TSB pending the mortgage being discharged on completion as part of your Chelsfield conveyancing.