It is is a decade since I purchased my property in Long Itchington. Conveyancing lawyers have just been retained on the sale but I can't track down the title documents. Is this a major issue?
Don’t worry too much. First the deeds may be kept by the mortgage company or they could be archived with the lawyers who acted in the purchase. Secondly in all probability the property will be registered 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. Almost all conveyancing in Long Itchington relates to registered property but in the rare situation where your property is unregistered it is more problematic but is not insurmountable.
We are expecting a mortgage offer soon. The bank mentioned the home loan came with free conveyancing. Is the implication that I have to use their panel solicitor as I would much rather instruct a Long Itchington based conveyancing firm?
Do check but the the probability is that appoint one of their panel solicitors should you take up the "fee-free" offer. Speak to the bank to determine if they make available a cash alternative. It is not unheard for a lender to give a £250 cashback as an alternative in which case that money can go towards the cost for your conveyancing solicitor in Long Itchington.
three months have elapsed following my purchase conveyancing in Long Itchington completed. I have checked the Land Registry site which shows that I paid £175,000 when infact I paid £180,000. Why the discrepancy?
The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the asset from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.
How does conveyancing in Long Itchington differ for new build properties?
Most buyers of new build or newly converted property in Long Itchington approach us having been asked by the developer to sign contracts and commit to the purchase even before the premises is ready to move into. This is because new home sellers in Long Itchington tend to buy the land, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct conveyancers as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are accustomed to new build conveyancing in Long Itchington or who has acted in the same development.
I decided to have a survey done on a house in Long Itchington prior to instructing conveyancers. I have been told that there is a flying freehold overhang to the house. Our surveyor has said that some lenders tend not give a loan on a flying freehold premises.
It varies from the lender to lender. Santander has different instructions for example to Halifax. If you contact us we can check via the relevant bank. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Long Itchington. Conveyancing may be slightly more expensive based on your lender's requirements.
I am looking for a conveyancing lawyer in Long Itchington for my home move. Can I review a firm’s record with the profession’s regulator?
Anyone can review presented Solicitor Regulator Association (SRA) decisions resulting from inquisitions started on or after 1 January 2008. Visit Check a solicitor's record. For details Pre 2008, or to check a firm's record, phone 0870 606 2555, 08.00 - 18.00 Monday, Wednesday, Thursday, Friday and 09.30 - 18.00 Tuesday. For non-uk callers, use +44 (0)121 329 6800. The regulator sometimes recorded call for training requirements.