It is 10 years ago since I purchased my property in Nottinghamshire. Conveyancing solicitors have now been instructed on the sale but I can't find my title documents. Will this jeopardise the sale?
Don’t worry too much. First there is a chance that the deeds will be kept by your lender or they could still be with the lawyers who handled the purchase. Secondly the likelihood is that the property will be recorded at the land registry and you will be able to establish that you own the property by your conveyancing solicitors acquiring current official copies of the land registers. Almost all conveyancing in Nottinghamshire involves registered property but in the rare situation where your property is unregistered it adds to the complexity but is resolvable.
Me and my partner are buying a property in Nottinghamshire. It might be a silly question but how we can trust a solicitor? At some point we will need to send money into their account. What protection do 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.
Can you help - my lawyer advises that chancel insurance is required on my purchase. What is the level of cover for Nottinghamshire conveyancing?
The right level of chancel indemnity insurance should be dictated by who who your lender is. It would differ for example between Nationwide Building Society and Chelsea Building Society. Conveyancing lawyers as opposed to members of the public take out such insurances.
We previously selected conveyancing lawyers locally in Nottinghamshire on the Barclays solicitor approved list. They are now charging me a further charge for dealing with the Barclays mortgage. Is this a supplemental conveyancing fee specified by Barclays?
Unfortunately, so long as it is in their Terms and Conditions or Quote then yes your property lawyer may charge a fee for this. The fee is not dictated by Barclays but by your Nottinghamshire conveyancer. Some firms on the Barclays panel will quote ’dealing with mortgage’ fee but plenty of practices include it on their overall fee.
How does conveyancing in Nottinghamshire differ for newly converted properties?
Most buyers of new build residence in Nottinghamshire come to us having been asked by the builder to sign contracts and commit to the purchase even before the premises is finished. This is because new home sellers in Nottinghamshire usually acquire the site, 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 conveyancing solicitors 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 used to new build conveyancing in Nottinghamshire or who has acted in the same development.
I am looking for a leasehold apartment up to £235,500 and identified one near me in Nottinghamshire I like with amenity areas and railway links in the vicinity, the downside is that it only has 52 years unexpired on the lease. There is not much else in Nottinghamshire in this price bracket, so just wondered if I would be making a grave error purchasing a short lease?
If you need a home loan that many years may be a potential deal breaker. Reduce the offer by the expected lease extension will cost if not already taken into account. If the existing proprietor has owned the premises for a minimum of 2 years you can ask them to start the process of the extension and pass it to you. An additional ninety years can be extended on to the current lease and have £0 ground rent by law. You should consult your conveyancing solicitor regarding this matter.
What makes your site different to alternative internet conveyancing solicitors when it comes to conveyancing in Nottinghamshire?
At this site get a fixed fee quote from a Solicitor or Licensed Conveyancer that understands the issues of your conveyancing in Nottinghamshire. Unlike many estate agents and many comparison sites we do not have referral deals with solicitors. Some agents and online brokers 'recommend' solicitors that pays the highest per referral, not the best value conveyancing in Nottinghamshire
I bought a house in Nottinghamshire last 4/10/2024 and to date it is still not registered with the Land Registry. It is part of a development site and my lawyer told me that it can take 12 months to register. I have spoken with HMLR directly and they have informed me the original application was cancelled due to questions not being addressed in time. Should I be concerned?
Call your conveyancing practitioner - if you are not getting sensible responses, look up their firm’s complaints protocol and amplify your problem to a Partner. Registrations for Nottinghamshire conveyancing are not known to be especially complex.