I have todaybeen informed that Arc property Solicitors have been shut down. They carried out my conveyancing in Reigate for a purchase of a leasehold flat 12 months ago. How can I establish that my home is in my name in the name of the previous owner?
The quickest method to see if the property is registered to you, you can carry out a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Reigate conveyancing specialists.
How does conveyancing in Reigate differ for newly converted properties?
Most buyers of new build residence in Reigate come to us having been asked by the seller to sign contracts and commit to the purchase even before the house is built. This is because builders in Reigate usually purchase 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 property lawyers 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 Reigate or who has acted in the same development.
Yesterday I discovered that there is a flying freehold element on a house I have offered on two weeks back in what was supposed to be a quick, chain free conveyancing. Reigate is where the house is located. What do you suggest?
Flying freeholds in Reigate are not the norm but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Reigate you would need to get your solicitor to go through the deeds diligently. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Reigate may ascertain that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold premises.
Do I need to be wary about brokers that I am dealing with are recommending a nationwide conveyancing firm as opposed to a High Street Reigate conveyancing practice?
As is the case with lots of professional services, often referrals from connections can be worth their weight in gold. Nevertheless there are lots of parties with a vested interest in a conveyancing deal; estate agents, mortgage brokers and lenders may recommend conveyancers to use. On occasion the conveyancers might be known to one of the organisations as being good in their field, but sometimes there is an underlying commercial relationship behind the recommendation. You have the right to choose your own lawyer. However, bear in mind that many banks have an approved list of conveyancers you have to use for the lender aspect of your home move.
I need to appoint a conveyancing solicitor for sale conveyancing in Reigate. I've land on a site which seems to have the ideal offering If there is a chance to get all this stuff completed via web that would be ideal. Do I need to be wary? 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?
My in 2005. He has since got wed, widowed and has recently remarried. He will be selling the flat in a few months. I suspect that he will just be asked to supply copies of his marriage certificates to the property lawyer however he is worried it could frustrate the sale of the apartment. Is it worth updating the Land Registry documents for the property?
You are not required to bring up to date the title for the property providing you have the evidence required to demonstrate how the name change occurred.
Any buyer’s lawyer should check the title information and need evidence by way of proof of the name change e.g. marriage documentation.