It is is a decade since I acquired my property in Chesham Bois. Conveyancing solicitors have recently been instructed on the sale but I am unable to find my title deeds. Is this a problem?
You need not be too concerned. Firstly the deeds may be with the lender or they could be archived with the conveyancers who handled the purchase. Secondly in all probability the land will be recorded at the land registry and you will be able to prove you own the property by your conveyancing lawyers procuring up to date copy of the land registers. Nearly all conveyancing in Chesham Bois relates to registered property but in the unlikely event that your property is unregistered it is more of a problem but is resolvable.
Me and my partner are purchasing a apartment in Chesham Bois. It might be a silly question but how we can trust a lawyer? At some point we have to send funds into their account. What protection do 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.
Have just purchased a probate house at auction in Chesham Bois. Conveyancing is required. What happens now?
Given that you are now legally bound yourself to purchase you should hire the services of a conveyancing practitioner soon as you now have a tight deadline in which to complete the transaction. Every auction property will have a corresponding auction pack. This will include evidence of title and search results. In the case of leasehold property the auction papers should contain a copy of the lease, management information and a sellers leasehold information form and associated conveyancing documentation specific to leasehold premises. You should pass this on to the lawyer instructed by you ASAP. Do make sure that you have funds in order to complete the transaction on the set completion date.
We had selected solicitors with offices in Chesham Bois on the Leeds Building Society solicitor panel. They have just invoiced me an additional amount for handling the Leeds Building Society mortgage. Is this an additional conveyancing fee specified by Leeds Building Society?
Provided it is contained in their Terms and Conditions or Quote then yes your conveyancing practitioner can charge a fee for this. The fee is not set by Leeds Building Society but by your Chesham Bois property lawyer. Some firms on the Leeds Building Society panel will quote ’dealing with mortgage’ fee but plenty of firms include it on their overall fee.
I appreciate that there are debates on Chancel Insurance on online forums. Do I require chancel insurance when acquiring a residence in Chesham Bois? or Apparently there is a law dating back centuries that means some homeowners residing in a parish church boundary will be compelled to contribute towards maintenance to the chancel within the church. Is this applicable for conveyancing in Chesham Bois?
Unless a previous purchase of the house completed after 12 October 2013 you can expect solicitors carrying out conveyancing in Chesham Bois to remain encouraging a chancel search and or insurance against a claim.
I opted to have a survey carried out on a property in Chesham Bois before instructing conveyancers. I have been informed that there is a flying freehold aspect to the house. My surveyor advised that some lenders may not grant a mortgage on a flying freehold home.
It depends who your proposed lender is. Bank of Scotland has different instructions for example to Nationwide. Should you wish to call us we can look into this further with the relevant mortgage company. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Chesham Bois. Conveyancing will be smoother if you use a solicitor in Chesham Bois especially if they are accustomed to such properties in Chesham Bois.
Am I right to be concerned about 3rd parties that I am dealing with are suggesting an online conveyancing firm as opposed to a local Chesham Bois conveyancing practice?
As is the case with lots of service providers, often suggestions from connections can be very helpful. Yet there are numerous parties with a keen interest in a conveyancing transaction; estate agents, financial adviser and lenders may put forward solicitors to use. On occasion these solicitors might be known to one of the organisations as being good in their field, but occasionally there behind the scenes financial incentive behind the endorsement. You have the right to choose your preferred conveyancer. You need to be aware that some mortgage providers operate an approved list of conveyancers you are obliged to use for the mortgage related work in your transaction.