It is 10 years ago since I bought my house in Crewe. Conveyancing solicitors have just been retained on the sale but I can't track down my deeds. Is this a major issue?
You need not be too concerned. First there is a chance that the deeds will be retained by your mortgage company or they could be in the possession of the conveyancers who oversaw the purchase. Secondly the likelihood is that the land will be recorded at the land registry and you will be able to establish that you own the property by your conveyancing solicitors obtaining up to date copy of the land registers. Almost all conveyancing in Crewe involves registered property but in the unlikely event that your property is not registered it is more of a problem but is not insurmountable.
Me and my partner are purchasing a flat in Crewe. It might be a silly question but how we can trust a solicitor? On completion day we will need to put our life savings into their account. What is the protection 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.
We are buying a victorian detached house in Crewe. The intention is to carry out a loft conversion at the house.Will legal due diligence on the property involve investigations to see if these works are prohibited?
Your property lawyer should review the registered title as conveyancing in Crewe can sometimes identify restrictions in the title deeds which prohibit certain works or require the permission of another owner. Many additions need local authority planning consent and approval in compliance with building regulations. Many locations are designated conservation areas and special planning restrictions apply which often prevent or impact extensions. It would be prudent to check these issues with a surveyor ahead of any purchase.
I was told four weeks ago that my mortgage has been agreed to by TSB. Is it usual for TSB to only issue the offer once my solicitor in Crewe is approved on their conveyancing panel? TSB 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 TSB to deal with your lawyer's application to be on the TSB conveyancing panel. There's no guarantee that your solicitor will be accepted.
I have recentlydiscovered that Action Conveyancing have closed. They carried out my conveyancing in Crewe for a purchase of a leasehold apartment 12 months ago. How can I check that the property is not still registered in the name of the former proprietor?
The quickest method to check if the property is registered to you, you can carry out 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 buying my first flat in Crewe with a mortgage from Leeds Building Society. The developers refused to budge the price so I negotiated five thousand pounds worth of fixtures and fittings instead. The estate agent advised me not reveal to my conveyancer about this extras as it could impact my mortgage with the bank. Do I keep my lawyer in the dark?.
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.
Due to the input of my in-laws I had a survey completed on a house in Crewe in advance of retaining conveyancers. I have been informed that there is a flying freehold aspect to the house. The surveyor advised that some banks will not grant a loan on a flying freehold house.
It depends who your proposed lender is. HSBC has different requirements from Nationwide. Should you wish to telephone us we can check with the relevant lender. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Crewe. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Crewe to see if the conveyancing will be more expensive.
My husband and I are new to the buying process - agreed a price, but the agent informed us that the owners will only proceed if we instruct their recommended lawyers as they are insisting on an ‘expedited deal’. My instinct tells me that we should use a local conveyancer used to conveyancing in Crewe
We suspect that the seller is unaware of this demand. Should the vendor require ‘a quick sale', alienating a serious purchaser is is going to put the whole deal at risk. Contact the sellers directly and make sure they understand (a)you are motivated buyers (b)you are ready to progress, with finances arranged © you are unencumbered (d) you intend to proceed fast (e)however you will continue to instruct your preferred Crewe conveyancing solicitors - rather thanthose that will provide their negotiator at the agency a kickback or achieve conveyancing thresholds pre-set by HQ.