It is a dozen years since I acquired my property in Seaham. Conveyancing lawyers have just been retained on the sale but I can't find my deeds. Will this jeopardise the sale?
You need not be too concerned. First the deeds may be kept by your lender or they could still be with the conveyancers who oversaw your purchase. Secondly in most cases the land 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 Seaham involves registered property but in the rare situation where your property is not registered it is more of a problem but is not insurmountable.
I have been referred to a conveyancing solicitor in Seaham. I need to find out whether they are on the Birmingham Midshires conveyancing panel. Can you assist?
The first thing you should do is contact the solicitor and enquire if they are on the lender panel. Otherwise you can call Birmingham Midshires who may be able to help.
Due to the advice of my in-laws I had a survey completed on a property in Seaham in advance of instructing solicitors. I have been informed that there is a flying freehold overhang to the property. Our surveyor advised that some lenders may refuse to issue a loan on this type of house.
It depends who your proposed lender is. HSBC has different instructions from Nationwide. If you contact us we can check with the relevant lender. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Seaham. Conveyancing will be smoother if you use a solicitor in Seaham especially if they are familiar with such properties in Seaham.
Is it best to use a Seaham conveyancing solicitor based in the vicinity that I am hoping to buy? We have a good friend who can carry out the conveyancing but his firm is located approximately 350miles drive away.
The primary upside of using a local Seaham conveyancing practice is that you can visit the firm to execute documents, deliver your identification documents and pester them if necessary. Having local Seaham know how is a bonus. However it's more important to get someone that will pull out all the stops for you. If if people you trust instructed your friend and they were happy that must outweigh using an unknown Seaham conveyancing lawyer solely due to them being round the corner.
I am in need of some leasehold conveyancing in Seaham. Before diving in I require certainty as to the number of years remaining on the lease.
Assuming the lease is recorded at the land registry - and most are in Seaham - then the leasehold title will always include the short particulars of the lease, namely the date; the term; and the original parties. From a conveyancing perspective such details then enable any prospective buyer and lender to confirm that any lease they are looking at is the one relevant to that title. For any other purpose, such as confirming how long the term was granted for and calculating what is left, then the register should be sufficient on it's own.
Seaham Conveyancing for Leasehold Flats - A selection of Queries Prior to Purchasing
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What is the service charge and ground rent on the flat? Who are the managing agents? You should be aware that where the lease has fewer than 80 years it will affect the marketability of the property. It is worth checking with your lender that they are willing to to proceed given the lease term. Leases with less than 80 years remaining means that you will most likely require a lease extension at some point and you need to have some idea of what this will be. Remember, in most cases you will be required to have owned the residence for 24 months before you are entitled to extend the lease.
I have been recommended a conveyancing solicitor in Seaham. I need to find out if they are on the lender's approved list of lawyers. Can you help?
You should call your lawyer and ask them if they are on the bank's panel. Alternatively please get in touch with us and we can investigate and revert. Should the firm not be on the bank panel we we can help find a quality conveyancing solicitor in Seaham on the approved list for your mortgage company.