It is 10 years ago since I purchased my property in Plymouth. Conveyancing solicitors have now been instructed on the sale but I am unable to find my title documents. Is this a problem?
Don’t worry too much. Firstly there is a possibility that the deeds will be with the mortgage company or they may be in the possession of the lawyers who acted in the purchase. Secondly in all probability 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 procuring up to date copy of the land registers. Nearly all conveyancing in Plymouth involves registered property but in the unlikely event that your home is not registered it adds to the complexity but is not insurmountable.
I am thinking of mortgaging my home in Plymouth, does my lawyer have to be on the Leeds Building Society Solicitor panel?
There is nothing to stop you using your solicitor, but Leeds Building Society will insist on their interests being represented by a firm on their conveyancing panel. There is greater potential for delays and confusion with an additional lawyer added to the mix, and it will undoubtedly be more expensive too.
I require expedited conveyancing in Plymouth as I am under pressure to exchange contracts within one month. A mortgage is not required. Can I avoid the conveyancing searches to save fees and time?
As you are are a mortgage free buyer you are at free not to have searches carried out although no lawyer would recommend that you don't. With lots of history conveyancing in Plymouth the following are instances of issues that can arise and therefore impact market value: Enforcement Actions, Outstanding Fees, Outstanding Grants, Unadopted Roads,...
How does conveyancing in Plymouth differ for newly converted properties?
Most buyers of new build premises in Plymouth contact us having been asked by the housebuilder to exchange contracts and commit to the purchase even before the house is constructed. This is because new home sellers in Plymouth tend to 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 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 Plymouth or who has acted in the same development.
Am I right to be concerned that brokers that I am dealing with are suggesting a factory type conveyancing firm as opposed to a High Street Plymouth conveyancing practice?
As is the case with lots of professional services, often input from family and friends can be extremely useful or valuable. But there are many players in a conveyancing matter; estate agents, mortgage brokers and mortgage companies may put forward lawyers to select. On occasion the solicitors might be known to one of the organisations as being good in their field, but occasionally there is an underlying financial incentive behind the endorsement. You are free to choose your preferred lawyer. You need to be aware that the majority of lenders specify a panel list of conveyancers you have to use for the lender related work in your house move.
I need to appoint a conveyancing solicitor for remortgage conveyancing in Plymouth. I've stumble across a site which seems to have the perfect answer If there is a chance to get all formalities completed via email that would be preferable. Do I need to be concerned? What should out be looking out for?
As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?