It is a dozen years since I purchased my home in Lyme Regis. Conveyancing solicitors have recently been appointed on the sale but I am unable to locate my title documents. Is this a major issue?
Don’t worry too much. First there is a possibility that the deeds will be retained by your lender or they could still be with the lawyers who oversaw 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 solicitors obtaining up to date copy of the land registers. Most conveyancing in Lyme Regis relates to registered property but in the rare situation where your property is not registered it adds to the complexity but is not insurmountable.
My aunt passed away 10 months ago and as sole heir and executor I was left the house in Lyme Regis. The house had a relatively small loan left on it of around £4500. I want to transfer the title deeds into my name whilst I re-mortgage to Coventry BS, pay off the mortgage. Is this allowed?
Where you plan to refinance then Coventry BS will insist on your using a conveyancer on the Coventry BS conveyancing panel. Here is link to the Land Registry online guidance around what to do when a property owner dies. This will help you to understand the registration process behind changing the details re the registered title. in your case it would appear that you are effectively purchasing the property from the estate. Your Coventry BS conveyancing panel solicitor pays the new mortgage money into the estate, the estate pays off the old mortgage, the charge is released and you become the owner and the Coventry BS mortgage is registered as a charge at the Land Registry.
I am downsizing from our property in Lyme Regis and according to the buyers it appears that there is a possibility that the property was constructed land that was not decontaminated. A high street Lyme Regis lawyer would know that there is no such problem. For the life of me I don't know why the purchasers are using a national conveyancing outfit rather than a conveyancing solicitor in Lyme Regis. We have lived in Lyme Regis for three years we know that this is a non issue. Should we get in touch with our local Authority to get clarification that the buyers are looking for.
It sounds as though you may have a conveyancing solicitor already. What do they say? You should check with your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out health insurance to cover that same ailment)
I purchased a 4 bedroom Edwardian property in Lyme Regis. Conveyancing practitioner represented me and Virgin Money. I happened to do a free search for it on the Land Registry database and there are two entries: the first freehold, the second leasehold with the matching property. I thought I was buying a freehold how can I check?
You should review the Freehold register you have again and check the Charges Register as there may be mention of a lease. The best way to be sure that you are also the registered proprietor of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Lyme Regis and other locations in the country and poses no real issues for owners other than when they mortgage they have to account for both freehold and leasehold interests when dealing with buyers. You can also enquire as to the position with the conveyancing solicitor who conducted the purchase.
I am a sole trader wishing to take an assignment of a lease of a shop on the high street. Can you recommend solicitors offering no-move-no fees for commercial conveyancing in Lyme Regis for less than £1,200?
We are happy to recommend firms who have specialist knowledge of commercial conveyancing in Lyme Regis, including the disposal and purchase of businesses as well as simply property. If you are hoping to buy or lease a shop, pub, restaurant, office, retail premises or a complete business we will find you the right firm. Regarding the charges this will depend on the structure and heads of terms of the proposed transaction. Please provide us with your details or call us so that we may furnish you with comprehensive commercial conveyancing quote.
My conveyancers in Lyme Regis have advised me that no longer have my conveyancing file. To assist with my purchase I took out a mortgage with the lender. Is it case that being on the bank conveyancing panel they need to have retained the file for a number of years?
Different lenders have different requirements but many of the Terms and Conditions of Conveyancing Panel Appointment require the file to be held for a period of 6 years. That being said we have not seen a copy of the bank Conveyancing Panel Terms. It might be worth you contacting the lender directly.