It is is a decade since I purchased my home in Thorpe Hesley. Conveyancing lawyers have recently been instructed on the sale but I can't locate my title deeds. Will this cause complications?
You need not be too concerned. First the deeds may be retained by the mortgage company or they may be archived with the solicitor who acted in the purchase. Secondly the chances are that the title will be registered at the land registry and you will be able to prove you are the registered owner by your conveyancing lawyers obtaining up to date copy of the land registers. The vast majority of conveyancing in Thorpe Hesley involves registered property but in the unlikely event that your property is unregistered it adds to the complexity but is not insurmountable.
We're in Thorpe Hesley, First timers buying with a mortgage (lender is RBS , and our solicitor is on the RBS conveyancing panel). How long should the conveyancing process take?
The fact that your lawyer is on the RBS conveyancing panel is a help. It would almost certainly delay matters if they were not. However, no property lawyer should guarantee a timeframe for your conveyancing, due to third parties outside of your control such as delays caused by lenders,conveyancing search providers or by the other side’s solicitors. The time taken is often determined by the number of parties in a chain.
Despite weeks of looking the Title Certificate and documents to our property are lost. The lawyers who did the conveyancing in Thorpe Hesley 10 years ago are no longer around. What are my next steps?
You no longer need to have the physical official documentation to prove you own the land or premises, given that the Land Registry have everything they need in a digital format.
How does conveyancing in Thorpe Hesley differ for newly converted properties?
Most buyers of new build premises in Thorpe Hesley contact us having been asked by the developer to sign contracts and commit to the purchase even before the house is finished. This is because new home sellers in Thorpe Hesley tend to purchase the land, 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 accustomed to new build conveyancing in Thorpe Hesley or who has acted in the same development.
I'm converting the mortgage on my existing house to a buy to let loan with TSB and intend to use the remaining equity towards a second property. The neighborhood we are talking about is Thorpe Hesley. Will your lawyers be able to act for both sets of mortgage companies and tie in the two deals?
Do use our search tool on this site to check that the conveyancers are on the appropriate lender panels. On the basis that they are your conveyancer will be able to tie up the two conveyancing matters but you should talk with you lawyer and make apparent your expectations and requirements.