It is a dozen years since I purchased my house in Sturminster Newton. Conveyancing lawyers have now been instructed on the sale but I can't track down my title documents. Is this a problem?
You need not be too concerned. Firstly there is a chance that the deeds will be retained by the mortgage company or they could be in the possession of the lawyers who oversaw your purchase. Secondly in all probability the title will be registered at the land registry and you will be able to establish that you own the property by your conveyancing solicitors obtaining current official copies of the land registers. Almost all conveyancing in Sturminster Newton involves registered property but in the unlikely event that your home is not registered it adds to the complexity but is resolvable.
I have recentlyfound out that Stirling Law have closed. They carried out my conveyancing in Sturminster Newton for a purchase of a leasehold flat 9 months ago. How can I be sure that the property is not still registered in the name of the former proprietor?
The quickest way to check 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 Sturminster Newton conveyancing specialists.
I have been on the look out for a flat up to £235,500 and found one close by in Sturminster Newton I like with open areas and station nearby, the downside is that it's only got 49 remaining years left on the lease. I can't really find anything else in Sturminster Newton suitable, so just wondered if I would be making a grave error buying a short lease?
Should you need a home loan the remaining unexpired lease term will likely be a potential deal breaker. Reduce the offer by the anticipated lease extension will cost if not already taken into account. If the current owner has owned the property for at least 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 current lease term and have £0 ground rent by law. You should consult your conveyancing solicitor about this matter.
What makes your site different to alternative online quote calculators for conveyancing in Sturminster Newton?
At this site get a conveyancing costs illustration via a Solicitor or Licensed Conveyancer that appreciates the issues for your conveyancing in Sturminster Newton. As opposed to estate agents and brokerage sites we do not charge firms a fee if you appoint them for your conveyancing in Sturminster Newton
What if there is an issue with one of the searches for our conveyancing in Sturminster Newton?
On the whole, most issues arising from Sturminster Newton conveyancing search responses can be handled in advance of completion or title insurance may be taken. It is crucial to remember that although you may be buying the premises and may be willing to live with the search results, your lender may not, and when all said and done have the final decision.