We are a couple about to exchange contracts for a freehold house in Cross Hands. We have hit a problem. The mortgage offer with Coventry Building Society expires on 15/4/2019 but the owners are suggesting a completion date of 17/4/2019. Is it possible to prolong the loan offer?
The best person to deal with your question is your solicitors who is in a position to calculate whether they corresponding with the bank, seller’s solicitors, estate agents or indeed all three given the circumstances your transaction as of today.
What can a local search reveal concerning the property my wife and I buying in Cross Hands?
Cross Hands conveyancing often commences with the submitting local authority searches directly from your local Authority or via a personal search organisations such as Searches UK The local search is essential in every Cross Hands conveyancing purchase; as long as you wish to avoid any nasty once you have moved into your property. The search should reveal information on, amongst other things, details on planning applications relevant to the premises (whether granted or refused), building control history, any enforcement action, restrictions on permitted development, nearby road schemes, contaminated land and radon gas; in all a total of 13 topic headings.
Despite weeks of looking the Title Certificate and documents to our house can not be found. The lawyers who dealt with the conveyancing in Cross Hands 10 years ago have long since closed. What are my options?
As long as you have a registered title the information relating to your proprietorship will be evidenced by HMLR under a Title Number. It is easy to perform a search at the Land Registry, find your property and get current copies of the Registered Entries for a small fee. Where the title is Leasehold then the Land Registry will also normally retain a file copy of the Registered Lease and again, a copy can be retrieved for twenty pounds.
Yesterday I discovered that there is a flying freehold issue on a house I have offered on two weeks back in what should have been a simple, no chain conveyancing. Cross Hands is where the house is located. Can you offer any opinion?
Flying freeholds in Cross Hands are unusual but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Cross Hands 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 Cross Hands 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.
My mother and father cant seem to find their Cross Hands property on the HM Land Registry site. They have a vague recollection back in the 70’s when they purchased the property there were complications regarding Cross Hands not being recognised in some systems.
Nearly all residences in Cross Hands should appear. Have you tried a search with simply the postcode. Normally it should reveal all the residences inside that postcode. Where registered it will be there with a title number. If they bought back in the 70’s it's conceivable it may be unrecorded. The property may still be revealed but with the title number identified as 'na'. In this scenario you will need to track down the original title documentation which might be with your parent’s bank.