It has come to my attention via my mortgage broker that my Common Edge property lawyer is not on the bank Conveyancing panel. How can I be certain if this is indeed the case?
Your first step should be to call your Common Edge conveyancer. It is reasonable to expect your lawyer to inform you of the situation. If they are not on the panel they may be able to suggest a Common Edge conveyancing firm that is on the approved list of lawyers for your lender.
It is a dozen years since I purchased my property in Common Edge. Conveyancing lawyers have now been retained on the sale but I can't locate my title documents. Is this a problem?
You need not be too concerned. First the deeds may be with your mortgage company or they may still be with the lawyers who handled the purchase. Secondly the chances are that the title will be registered at the land registry and you will be able to prove you own the property by your conveyancing lawyers obtaining current official copies of the land registers. Most conveyancing in Common Edge involves registered property but in the unlikely event that your home is not registered it is more of a problem but is resolvable.
My property lawyer in Common Edge has never been on on the TSB Conveyancing Panel. Is it possible for me to continue with my family solicitor even though they are not on the TSB panel of approved conveyancing solicitors?
Your options are as follows:
- Complete the purchase with your existing Common Edge lawyers but TSB will need to retain a conveyancer on their list of acceptable firms. This will inevitably rack up the total conveyancing fees and cause delays.
- Get an alternative solicitor to to deal with the purchase, obviously checking they are Persuade your lawyer to use their best endeavours to join the TSB conveyancing panel
I've recently found out that there is a flying freehold issue on a house I put an offer in two weeks back in what should have been a quick, chain free conveyancing. Common Edge is where the house is located. Can you offer any guidance?
Flying freeholds in Common Edge are rare but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Common Edge you must be sure that your lawyer goes through the deeds diligently. Your mortgage company may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Common Edge may determine 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 residence.
Finally our conveyancing in Common Edge is completing this Friday, however the people I am purchasing from wishes to vacate on the Saturday afternoon. Do I agree to such a plan?
You can't complete on a Saturday because the bank systems aren't operating.