I have a 4 bedroom Georgian house in Highnam. Conveyancing practitioner acted for me and TSB. I did a free Land Registry search last week and I saw two entries: the first freehold, the second leasehold under the matching property. If a house is not a freehold shouldn't I have been informed?
You need to read the Freehold register you have again and check the Charges Register for mention of a lease. The best way to be sure that you are also the registered proprietor of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Highnam and other areas of the country and poses no real issues for owners other than when they mortgage they have to account for both freehold and leasehold interests when dealing with purchasers. You can also enquire as to the situation with the conveyancing practitioner who conducted the purchase.
How does conveyancing in Highnam differ for newly converted properties?
Most buyers of new build property in Highnam approach us having been asked by the builder to exchange contracts and commit to the purchase even before the house is completed. This is because new home sellers in Highnam tend to purchase the real estate, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct conveyancers as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are accustomed to new build conveyancing in Highnam or who has acted in the same development.
Yesterday I discovered 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, no chain conveyancing. Highnam is where the house is located. Is there any advice you can give?
Flying freeholds in Highnam are unusual but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Highnam you would need to get your solicitor to go through the deeds thoroughly. Your lender may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Highnam 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 residence.
What tools are available to search for a Highnam solicitor on the Aldermore conveyancing panel? I drive a motor bike and am happy to travel upto 25kilometers to meet the conveyancer.
You can use the tool on this website. Please select a lender and your location and you will see a number of Highnam conveyancing lawyers locally. We have detailed some Highnam conveyancing firms towards the end of this page and you can telephone them to check whether they are on the Aldermore approved list
In my capacity as executor for the estate of my grandfather I am selling a residence in Cardiff but live in Highnam. My solicitor (who is 200 miles from mehas requested that I execute a stat dec ahead of completion. Could you suggest a conveyancing practitioner in Highnam to attest and place their company stamp on the document?
Technically speaking you are unlikely to be required to have the documents witnessed by a conveyancing solicitor. Ordinarily or notary public or solicitor will suffice regardless of whether they are located in Highnam