It is a dozen years since I purchased my property in Houghton Le Spring. Conveyancing lawyers have recently been instructed on the sale but I am unable to track down my deeds. Will this jeopardise the sale?
You need not be too concerned. First there is a possibility that the deeds will be kept by your lender or they could be archived with the lawyers who acted in 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 lawyers acquiring up to date copy of the land registers. Nearly all conveyancing in Houghton Le Spring involves registered property but in the unlikely event that your property is not registered it adds to the complexity but is not insurmountable.
I have been told that property searches are the primary cause of delay in Houghton Le Spring conveyancing transactions. Is that correct?
The Council of Property Search Organisations (CoPSO) published findings of research by MoveWithUs that conveyancing searches do not feature within the common causes of hindrances in the conveyancing process. Searches are unlikely to be the root cause of delay in conveyancing in Houghton Le Spring.
Just bought a semi-detached house in Houghton Le Spring , how long will it take for the Land Registry to deal with the formalities evidencing my proprietorship? My Houghton Le Spring conveyancing solicitor works at snail pace, so I want to check that my ownership is recorded.
As far as conveyancing in Houghton Le Spring is concerned, registration is no quicker or slower than the rest of the country. Rather than based on location, timescales can vary according to who lodges the application, whether it is in order and whether the Land registry communicate with any other parties. At present in the region of three quarters of submission are completed within two weeks but some can be subject to extensive hold-ups. Historically registration is effected once the buyer has moved in to the premises so 'speed' is not usually an essential issue yet if there is a degree of urgency associated with the registration then you or your conveyancer could speak with the land registry and explain the circumstances.
How does conveyancing in Houghton Le Spring differ for new build properties?
Most buyers of new build or newly converted property in Houghton Le Spring contact us having been asked by the builder to sign contracts and commit to the purchase even before the premises is finished. This is because builders in Houghton Le Spring usually acquire the site, 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 property lawyers 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 used to new build conveyancing in Houghton Le Spring or who has acted in the same development.
We are 14 days into a residential purchase having been referred to solicitors by the estate agent to handle our conveyancing in Houghton Le Spring. We are not happy. Could you help me find new conveyancers?
A solicitor would have to be very poor to suggest changing them. Has the mortgage been issued? In the event that it has you need to inform them of the replacement lawyer and have the mortgage documents are re-issued. Your conveyancer needs to be on the mortgage company approved list to avoid supplemental costs and frustration. So that should be your starting point. The search tool should help you find a lender approved conveyancer for your conveyancing in Houghton Le Spring