I am expecting a mortgage with Halifax. My intention is to use a Licensed Conveyancer in Ely. Does the Halifax Conveyancing panel allow for conveyancers regulated by the CLC?
The Halifax conveyancing panel is, like many other lenders, represented by the CML or Building Society Association, open to Licensed Conveyancers regulated by the CLC.
It is 10 years ago since I acquired my home in Ely. Conveyancing solicitors have now been retained on the sale but I am unable to track down my title documents. Is this a problem?
You need not be too concerned. Firstly there is a chance that the deeds will be kept by the mortgage company or they could be in the possession of the lawyers who acted in your purchase. Secondly the chances are that the property 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. Almost all conveyancing in Ely involves registered property but in the unlikely event that your property is not registered it adds to the complexity but is resolvable.
We hope to to purchase with Norwich and Peterborough Building Society. We have called around locally yet am struggling to find a Ely conveyancing firm on the Norwich and Peterborough Building Society panel. Can you assist?
You should take advantage of the find a lender approved solicitor tool on this web page. Pick the building society and type Ely or your location and you will discover numerous conveyancers based in Ely or near you.
Do I need to pay for insurance to protect me from financial exposure to chancel repairs when purchasing a house in Ely?
Unless a prior purchase of the property completed post 12 October 2013 you could expect lawyers delivering conveyancing in Ely to continue to advocate a chancel search and or chancel repair liability policy.
I've recently found out that there is a flying freehold issue on a property I have offered on last month in what was supposed to be a straight forward, chain free conveyancing. Ely is the location of the property. Is there any advice you can give?
Flying freeholds in Ely are rare but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Ely you would need to get your solicitor to go through the deeds very carefully. Your mortgage company may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Ely may decide that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold residence.
As a tenant I am liable for a maintenance contribution for my property in Ely. As a result of poor financial planning I fell behind with payments. The management company agreed a clearance schedule but there remains around £3000 currently due.
I want to sell and I am concerned this could jeopardize the sale if I have to discharge the amount due first. I'd like to sell up and then discharge the debt from the completion monies - is this possible?
You should check with the conveyancer handling your Ely conveyancing but it might be possible to arrange for the debt to be transferred to the purchasers. The contractual price due would be reduced to reflect the amount of debt they assume. They would then deal with the arrears once they are the owners.