It is a dozen years since I acquired my home in Hayling Island. Conveyancing lawyers have recently been appointed on the sale but I can't locate the title deeds. Will this jeopardise the sale?
Don’t worry too much. Firstly the deeds may be kept by the mortgage company or they could be in the possession of the lawyers who handled the purchase. Secondly the chances are that the property will be recorded at the land registry and you will be able to prove you own the property by your conveyancing solicitors obtaining up to date copy of the land registers. The vast majority of conveyancing in Hayling Island relates to registered property but in the rare situation where your property is not registered it is more problematic but is resolvable.
I am helping my aunt sell her flat in Hayling Island. Will the conveyancer order the energy performance certificate or do I organise this?
Following the abolition of Home Information Packs, energy assessments was kept a mandatory part of selling a house. An energy assessment should be commissioned in advance of the property being advertised. This is not something that lawyers normally arrange. If you are using a Hayling Island conveyancing solicitor they might be able to arrange EPC’s due to their relationships with reputable local energy assessors
I'm spending time looking at apartments in Hayling Island and I am now considering a potential offer. Should I already have a conveyancing practitioner appointed at this point? I intend to finance via a home loan with Virgin Money.
It would be sensible to start your search sooner rather than later. After you have chosen your lawyer and once your offer is accepted you can instruct them to work for you and pass their details on to the selling agent. As you are getting a mortgage with Virgin Money, ask your prospective lawyers if they are on the Virgin Money conveyancing panel otherwise they can't do the mortgage legal work.
I am due to exchange contracts on my apartment. I had a double glazing fitted in April 2008, but did not receive a FENSA certificate or Building Regulation Certificate. My purchaser’s mortgage company, Lloyds are being problematic. The Hayling Island solicitor who is on the Lloyds conveyancing panel is happy to accept ‘lack of building regulation’ insurance but Lloyds are requiring a building regulation certificate. Why do Lloyds have a conveyancing panel if they don't accept advice from them?
It is probably the case that Lloyds have referred the matter to their valuer. The reason why Lloyds may not want to accept indemnity insurance is because it does not give them any reassurance that the double glazing was correctly and safely installed. The indemnity insurance merely protects against enforcement action which is very unlikely anyway.
I have todayfound out that Wolstenholmes have closed. They carried out my conveyancing in Hayling Island for a purchase of a leasehold apartment 18 months ago. How can I establish that the property is in my name in the name of the previous owner?
The quickest way to check if the premises is in your name, you can carry out a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Hayling Island conveyancing specialists.
About to purchase a new build flat in Hayling Island. Conveyancing is necessary evil at the best of times but I have never purchased a new build flat before. What sort of enquires would be asked in new build legal work.
Set out below is a sample of a selection of leasehold new build questions that you should expect your new-build leasehold conveyancing in Hayling Island
Will control of the Management Company (if any) be handed over to purchasers on completion of the last sale or earlier? If there are lifts in the building, please confirm that the owners of flats on the ground and basement floors will not be required to contribute towards the cost of maintenance and renewal. The Lease must contain a provision on behalf of the Vendor to pay the service charges in respect of unoccupied units in order to ensure that all services can be provided. Forfeiture - bankruptcy or liquidation must not apply under this provision. Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company?
I am buying a flat mortgage free. I have provided solicitor with two separate proof of photo identification, bank statement, endless utility bills. Now he wants a copy from a probate lawyer acknowledging that the funds are in order and that it has come from inheritance and not selling fake DVD.
For some years now requires conveyancing solicitors as well as banks, building societies and other financial institutes to obtain satisfactory evidence of the identity of the client. This is because solicitors who deal with money and property on behalf of their clients can be used by criminals wishing to launder money. In order to comply with the law of money laundering, your Hayling Island conveyancing lawyer will need to obtain evidence of your identity as as well as make sure that your funds are legitimate.