It is a dozen years since I acquired my home in Chelmsley Wood. Conveyancing lawyers have now been retained on the sale but I am unable to find the title deeds. Will this cause complications?
You need not be too concerned. First there is a chance that the deeds will be retained by the mortgage company or they may be archived with the solicitor who acted in your purchase. Secondly in all probability the property will be recorded 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 Chelmsley Wood relates to registered property but in the unlikely event that your property is unregistered it is more problematic but is resolvable.
is it true that all Chelmsley Wood solicitor firms on the TSB conveyancing panel are overseen by the SRA?
As a firm of solicitors, in order to be on the TSB conveyancing panel they would need to be overseen by the SRA. The majority of mortgage companies do allow licenced conveyancers on their panel in which case such firms would be regulated by the Council of Licensed Conveyancers.
Two weeks ago we had a mortgage agreed in principle with Santander. Chelmsley Wood conveyancing solicitors are selected. What is the average time that one could expect to receive a mortgage offer from Santander?
There is no definitive answer here. Have Santander completed the survey? Have you informed Santander as to your lawyers' details and checked that your lawyers are on the Santander conveyancing panel? It is not unusual for a mortgage offer to take a month to come through.
I have today made my last payment due on my mortgage with Lloyds. I assume I don't need a Chelmsley Wood conveyancer on the Lloyds panel to discharge the mortgage at the Land Registry. Am I right?
If you have finished paying off your Lloyds mortgage, they may send you evidence showing that you have paid it off. Alternatively they may notify the Land Registry directly. The Land Registry need to see this evidence before they will remove the Lloyds mortgage from the register. Lloyds, and any evidence they send you, will determine the action you need to take. In cases where no conveyancer is acting for you and you have paid off your mortgage:
- but are not moving to another property
- where Lloyds has sent the Land Registry the discharge electronically, and
- Lloyds has instructed the Land Registry to do so
I've recently found out that there is a flying freehold issue on a property I put an offer in two weeks back in what should have been a quick, no chain conveyancing. Chelmsley Wood is the location of the property. What do you suggest?
Flying freeholds in Chelmsley Wood are not the norm but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Chelmsley Wood you must be sure that your lawyer goes through the deeds thoroughly. Your mortgage company may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Chelmsley Wood 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 property.
Are there any apps to help search for a Chelmsley Wood law firm on the Bank of Scotland conveyancing panel? I am a keen cyclist and am happy to travel upto 25kilometers to meet the conveyancer.
You can use the search on this website. Please select a lender and your location and you will see a number of Chelmsley Wood conveyancing lawyers based on proximity. We have listed some Chelmsley Wood conveyancing firms at the bottom of this page and you can call them to verify whether they are on the Bank of Scotland member panel
What type of property do your Chelmsley Wood conveyancing estimates relate to?
The quotes issued are only appropriate to standard residential premises in England & Wales. Where you have any different requirements such as industrial or agricultural property or commercial conveyancing in Chelmsley Wood you should contact us to discuss this further .