It is a dozen years since I acquired my house in Basildon. Conveyancing solicitors have recently been retained on the sale but I am unable to find my deeds. Is this a major issue?
You need not be too concerned. Firstly the deeds may be kept by your lender or they may be in the possession of the conveyancers who acted in your purchase. Secondly the chances are that the title will be recorded at the land registry and you will be able to establish that you own the property by your conveyancing lawyers acquiring up to date copy of the land registers. Most conveyancing in Basildon relates to registered property but in the unlikely event that your property is unregistered it adds to the complexity but is not insurmountable.
My wife and I are buying a property in Basildon. I might seem paranoid but how we can trust a conveyancer? At some point we will need to put money into their account. What is the protection we have from them run away with our deposit?
Be assured that all money in a Solicitors client account is 100% safe, and even if your Solicitor ran off with it, the Law Society would reimburse you fully.
I am planning to move property in December. Will my conveyancing solicitor liaise with the removal company on the completion day. As an aside, can you recommend a removal company in Basildon. Conveyancing solicitor was found before I stumbled across this website.
On the day of completion you can pick up the house keys from the estate agent however this should only be done once the previous owners solicitors advise the agent that the monies to complete are in and the keys can be collected. Subsequently you will need to tell the removal company that you are ready to move in. As a matter of policy we do not suggest a particular removal company but can help you locate a conveyancing in Basildon or a solicitor that specialises in conveyancing in Basildon.
Having digested plenty of house buying guides, I note that they all recommend that you should get your house surveyed prior to buying it. When I asked my local Basildon solicitor - who is on the Lloyds conveyancing panel - on this she said they don't do this and I need to contract an independent surveyor. Is that normal?
Lloyds will need an independent valuation of the property. Your lawyer will not arrange this. Usually Lloyds will appoint their own surveyor to do this, and you will have to pay for it. Remember that this is a valuation for mortgage purposes and not a survey. You may wish to consider appointing your own Basildon surveyor to carry out a survey or prepare a home buyers report on the property. It is up to you to satisfy yourself that the property is structurally sound before you buy it. If the survey or report reveals that building work is needed, you should tell your solicitor. You may wish to renegotiate with the seller.
Despite weeks of looking the Title Certificate and documents to my home can not be found. The solicitors who dealt with the conveyancing in Basildon 10 years ago have long since closed. What do I do?
You no longer need to have the physical official documentation to prove you are the owner of your registered land or property, given that the Land Registry hold details of all registered land or property electronically.
I am purchasing my first flat in Basildon benefiting from help to buy. The sellers would not budge the amount so I negotiated £7000 of additionals instead. The estate agent suggested that I not disclose to my solicitor about the extras as it may affect my mortgage with the lender. Do I keep my lawyer in the dark?.
All lenders require a Disclosure of Incentives Form from the developer of any new build, converted or renovated property, It is available online from the Lenders’ Handbook page on the CML website. CML form is completed and handed to the lender's surveyor when the inspection is done.
Lenders have different policies on incentives. Some accept none at all, cash or physical, while others will accept cash incentives up to 5%.
Hard to understand why the representative of a builder would be suggesting you withold information from a solicitor when all this will be clearly visible on forms the builder has to supply to its solicitor, the buyer's solicitor and the surveyor.
I've recently found out that there is a flying freehold element on a property I have offered on a fortnight ago in what should have been a quick, chain free conveyancing. Basildon is where the house is located. What do you suggest?
Flying freeholds in Basildon are rare but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Basildon you must be sure that your lawyer goes through the deeds diligently. Your lender may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Basildon 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.