It is 10 years ago since I purchased my home in Warsash. Conveyancing lawyers have now been retained on the sale but I am unable to track down my deeds. Will this jeopardise the sale?
Don’t worry too much. Firstly the deeds may be with your mortgage company or they could be in the possession of the conveyancers who oversaw the purchase. Secondly in all probability the property will be registered 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. Most conveyancing in Warsash involves registered property but in the unlikely event that your property is unregistered it is more problematic but is resolvable.
Will commercial conveyancing searches reveal impending roadworks that may impact a commercial land in Warsash?
Many commercial conveyancing solicitors in Warsash will order a SiteSolutions Highways report as it dramatically cuts the time that conveyancers invest in researching accurate data on highways that impact buildings and development assets in Warsash. The report sets out definitive data on the adoption status of roads, footpaths and verges, as well as the implication of traffic schemes and the rights of way surrounding a commercial development sites in Warsash.
For each commercial conveyancing transaction in Warsash it is critical to investigate the adoption status of roads surrounding a site. Failure to identify developments where adoption procedures have not been dealt with adequately may result in delays to Warsash commercial conveyancing transactions as well as pose a risk to future intentions for the site. These searches are not ordered for domestic conveyancing in Warsash.
It has been three months since my purchase conveyancing in Warsash concluded. I have checked the Land Registry website which shows that I paid £200,000 when infact I paid £180,000. Why the discrepancy?
The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the residence from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.
How does conveyancing in Warsash differ for new build properties?
Most buyers of new build property in Warsash contact us having been asked by the builder to sign contracts and commit to the purchase even before the premises is finished. This is because house builders in Warsash usually buy the real estate, 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 Warsash or who has acted in the same development.
Due to the encouragement of my in-laws I had a survey completed on a property in Warsash prior to appointing conveyancers. I have been told that there is a flying freehold overhang to the property. My surveyor advised that some mortgage companies may not give a mortgage on this type of house.
It varies from the lender to lender. Santander has different instructions for example to Halifax. Should you wish to call us we can check via the appropriate lender. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Warsash. Conveyancing may be slightly more expensive based on your lender's requirements.
What does commercial conveyancing in Warsash cover?
Warsash conveyancing for business premises incorporates a wide array of services, given by regulated solicitors, relating to business property. For instance, this type of conveyancing can cover the sale or purchase of freehold business premises or, more usually, the assignment of existing leases or the drafting of new leasing arrangements. Commercial conveyancing solicitors can also offer advice on the sale of business assets, commercial loans and the termination of tenancies.