It is a dozen years since I purchased my home in Crewe. Conveyancing lawyers have just been appointed on the sale but I am unable to track down the deeds. Is this a major issue?
Don’t worry too much. Firstly the deeds may be kept by your lender or they could be archived with the solicitor who handled your purchase. Secondly in most cases the property will be registered at the land registry and you will be able to establish that you are the registered owner by your conveyancing lawyers obtaining current official copies of the land registers. Most conveyancing in Crewe relates to registered property but in the unlikely event that your property is not registered it is more of a problem but is resolvable.
We are purchasing a apartment in Crewe. I might seem paranoid but how we can trust a lawyer? On completion day we will need to put our life savings into their account. What protection do we have from them run away with our deposit?
Be assured that all money in a Solicitors client account is 100% safe, and even if your Solicitor ran off with it, the Law Society would reimburse you fully.
I am purchasing a victorian detached house in Crewe. We would like to an extension at the rear at the house.Will legal due diligence on the property involve checks to determine if these alterations are permitted?
Your property lawyer should check the deeds as conveyancing in Crewe will occasionally reveal restrictions in the title documents which prohibit certain changes or require the consent of a 3rd party. Some additions require local authority planning consent and approval in compliance with building regulations. Certain areas are designated conservation areas and special planning restrictions apply which frequently prevent or affect extensions. It would be prudent to check these issues with a surveyor ahead of any purchase.
I was told two weeks ago that my mortgage has been agreed to by Coventry BS. Is it usual for Coventry BS to only issue the offer once my solicitor in Crewe is approved on their conveyancing panel? Coventry BS have asked my solicitor to see a copy of their Professional Indemnity Insurance Schedule.
Mortgage companies tend not to not issue an offer until they have details of a lawyer on their panel. It can take a few weeks for Coventry BS to deal with your lawyer's application to be on the Coventry BS conveyancing panel. There's no guarantee that your solicitor will be accepted.
I have todaybecome aware that Stirling Law have closed. They conducted my conveyancing in Crewe for a purchase of a freehold house 9 months ago. How can I be sure that the property is in my name in the name of the previous owner?
The easiest way to check if the property is in your name, you can make a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Crewe conveyancing specialists.
I'm purchasing my first flat in Crewe with a mortgage from National Westminster Bank. The builders would not reduce the price so I negotiated 6k of extras instead. The sale representative suggested that I not inform my conveyancer about the extras as it may adversely affect my mortgage with National Westminster Bank. Should I keep quiet?.
All lenders require a Disclosure of Incentives Form from the developer 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.
I decided to have a survey completed on a house in Crewe ahead of retaining lawyers. I have been told that there is a flying freehold element to the property. My surveyor has said that some mortgage companies will refuse to issue a mortgage on this type of property.
It varies from the lender to lender. Bank of Scotland has different instructions for example to Halifax. If you e-mail us we can check via the appropriate bank. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Crewe. Conveyancing may be slightly more expensive based on your lender's requirements.
We're FTB’s - agreed a price, yet the agent has warned us that the owners will only issue a contract if we instruct their recommended lawyers as they are insisting on an ‘expedited deal’. We would rather use a family solicitor with experience of conveyancing in Crewe
It is highly unlikely the owners are driving this. If they desire ‘a quick sale', alienating a genuine purchaser is is going to put the whole deal at risk. Speak to the owners direct and explain that (a)you are motivated purchasers (b)you are excited to move forward, with mortgage lined up © you are chain free (d) you intend to proceed fast (e)but you will continue to instruct your preferred Crewe conveyancing solicitors - not the ones that will earn their estate agent a commission or hit his conveyancing thresholds set by HQ.