It is is a decade since I purchased my property in Irchester. Conveyancing lawyers have just been retained on the sale but I can't find my title documents. Will this jeopardise the sale?
Don’t worry too much. First the deeds may be kept by your mortgage company or they may be in the possession of the lawyers who handled the purchase. Secondly in most cases the land will be recorded at the land registry and you will be able to prove you are the registered owner by your conveyancing lawyers procuring current official copies of the land registers. The vast majority of conveyancing in Irchester involves registered property but in the rare situation where your home is not registered it is more of a problem but is not insurmountable.
I opted to have a survey carried out on a property in Irchester in advance of retaining conveyancers. I have been advised that there is a flying freehold aspect to the house. Our surveyor advised that some lenders will not issue a loan on this type of home.
It depends who your proposed lender is. Bank of Scotland has different instructions from Birmingham Midshires. Should you wish to telephone us we can check via the appropriate bank. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Irchester. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Irchester to see if the conveyancing will be more expensive.
I was advised by a few estate agents in Irchester to choose a conveyancer on your site. What’s the financial upside for Estate Agents to offer your services over a competitor’s?
We refuse to make any commission for sending work in our direction. We thought it would be too underhand a fee as members of the public would think, ‘Why is the agent getting a kickback? Why aren’t I receiving any benefit too?’ We would prefer to grow our business on genuine recommendations.
In searching the internet for the phrase conveyancing in Irchester it reveals many property lawyerslocally. How do I determine which is the right conveyancing solicitor for my move?
The best method of choosing a suitable conveyancer is via trusted referral, so enquire of colleagues and those you trust who have bought a property in Irchester or a local estate agent or financial adviser. Costs for conveyancing in Irchester differ, so it's advisable to request at least three fee estimates from different law firms. Dont forget to clarify what costs in the quote includes.
Can you offer any advice when it comes to appointing a Irchester conveyancing firm to carry out our lease extension conveyancing?
If you are instructing a conveyancer for lease extension works (regardless if they are a Irchester conveyancing practice) it is most important that they be familiar with the legislation and specialises in this area of work. We recommend that you make enquires with two or three firms including non Irchester conveyancing practices before you instructing a firm. Where the conveyancing practice is ALEP accredited then so much the better. The following questions could be of use:
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How familiar is the firm with lease extension legislation? How many lease extensions have they conducted in Irchester in the last 12 months?
Irchester Conveyancing for Leasehold Flats - Examples of Queries Prior to buying
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The answer will be helpful as a) areas may cause problems for the building as the communal areas may begin to deteriorate if repairs remain unpaid b) if the leaseholders have a dispute with the running of the building you will need to have all the details It would be prudent to find out as much as possible about the managing agents as they will impact your use and enjoyment of the property. Being a leasehold owner you will be in the clutches of the managing agents both financially and when it comes to daily matters such as the cleanliness of the communal areas. Enquire of other people if they are happy with them. Finally, find out the dates that you are obliged pay the service charge to the appropriate party and precisely what you get for your money. Best to be warned if changing the roof or some other significant cost is anticipated that will be shared amongst the leaseholders and could well dramatically increase the the maintenance charges or require a specific payment.
What is the reason for my solicitor requiring a list of items of identification ahead of starting selling or buying a property in Irchester?
Irchester lawyers are required by the Law Society, SRA, HM Land Registry and current Money Laundering Regulations to record that the have verified the identity of their clients. It is also sometimes a requirement of your lender where you are taking a mortgage. In addition they have to complete various forms, particularly those relating to Land Tax and need to have details such as your full names, national insurance number and date of birth.