It is 10 years ago since I bought my home in Ramsey. Conveyancing lawyers have recently been instructed on the sale but I can't track down my deeds. Is this a major issue?
You need not be too concerned. Firstly there is a chance that the deeds will be with the mortgage company or they may still be with the lawyers who acted in the purchase. Secondly in most cases the land will be registered at the land registry and you will be able to prove you own the property by your conveyancing lawyers obtaining current official copies of the land registers. Almost all conveyancing in Ramsey relates to registered property but in the rare situation where your home is not registered it is more problematic but is resolvable.
We hope to to buy with Earl Shilton BS. We have called around locally but cant to find a Ramsey conveyancing firm on the Earl Shilton BS panel. Could you assist?
You should take advantage of the search tool on this web page. Please choose the mortgage company and type Ramsey or your location and you will see numerous solicitors offices in Ramsey or nearest you.
We are getting a further advance on our home loan from Co-operative as we intend to carry out improvements to our home in Ramsey. Are we obliged to select a nearby Ramsey solicitor on the Co-operative conveyancing panel to deal with the paperwork?
Co-operative would not normally instruct a member of their approved list of lawyers to deal with such a matter. If they do require any legal work then you would need to ensure that such a lawyer was on the Co-operative list.
We have a mortgage agreed in principle with Clydesdale. Ramsey conveyancing lawyers are chosen. How long does it take for Clydesdale to forward the offer to the solicitor?
There is no definitive answer here. Have Clydesdale conducted the valuation? Have you advised Clydesdale as to your lawyers' details and checked that your lawyers are on the Clydesdale conveyancing panel? It is not unusual for a mortgage offer to take a month to come through.
The mortgage over my property is with Kent Reliance for my property in Ramsey. Conveyancing was finalised 12 months ago. In the event that I decide to rent out my property and do not currently have a buy-to-let mortgage do I need to remortgage to a BTL mortgage or inform Kent Reliance?
Your original mortgage agreement with Kent Reliance will provide that you need their approval prior to renting your property as this is likely to be a breach of Kent Reliance’s mortgage conditions. It may be that Kent Reliance will permit you to let out your former home without needing to switch to a buy-to-let mortgage but some lenders will add a surcharge to your mortgage rate to reflect the higher risk. You should contact Kent Reliance directly. You need not do this via a Kent Reliance conveyancing panel firm.
I have been on the look out for a ground for flat up to £245,000 and identified one round the corner in Ramsey I like with a park and transport links nearby, the downside is that it only has 61 remaining years left on the lease. I can't really find anything else in Ramsey for this price, so just wondered if I would be making a mistake acquiring a short lease?
Should you need a mortgage that many years may be an issue. Discount the price 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 may request that they commence the lease extension formalities and then assign it to you. You can add 90 years to the existing lease term with a zero ground rent applied. You should speak to your conveyancing lawyer concerning this matter.
We're novice buyers - had an offer accepted, yet the estate agent has warned us that the vendor will only move forward if we appoint their recommended lawyers as they need an ‘expedited deal’. Our preferred option is to instruct a local conveyancer who is accustomed to conveyancing in Ramsey
We suspect that the owner is unaware of this requirement. If they require ‘a quick sale', taking such a hostile approach to a genuine purchaser is going to damage their objectives. Speak to the vendors direct and make sure they understand (a)you are keen to buy (b)you are excited to move forward, with mortgage lined up © you are unencumbered (d) you wish to move quickly (e)however you intend to appoint your own,trusted Ramsey conveyancing firm - not the ones that will give their estate agent a commission or hit his conveyancing thresholds set by senior management.
Living abroad it is not practicable to travel my Ramsey conveyancing practitioners office to execute documents for conveyancing in Ramsey – is this a problem?
No. Ramsey conveyancing solicitors can handle conveyancing transactions for clients who are based anywhere. You are unlikely to be required to attend a Ramsey conveyancers office. They can undertake all communications remotely from their Ramsey premises.