I am in a contract race with another prospective purchaser for a property in Kempshott. What can I do to expedite matters?
In a situation where the seller is applying time constraints to sign contracts it is advisable to make sure that your solicitor is familiar with the location as they will benefit local connections and intelligence. It is even conceivable that they may have handled otherproperties in the same road. Therefore consider using a Kempshott conveyancing firm. Second, double check that the lawyer is on the on the approved list for your mortgage company. It is estimated that just under twenty per cent of Kempshott conveyancing transactions are held up or jeopardised after finding out that a purchaser’s conveyancer was not on their mortgage lender’s list of approved solicitors. This can often result in the legal transfer of property being delayed by as much as 21 days. It is believed that this issue affects in the region of one hundred thousand home moves annually. Many Kempshott conveyancing practices can not represent certain lenders so do check as early as possible.
I am considering mortgaging my flat in Kempshott, does my lawyer have to be on the Principality Conveyancing panel?
In theory, you could use a solicitor that is not on the Principality conveyancing panel, but Principality would require one of their panel solicitors to be instructed to act in their interests, and you'd have to pay for this - so most people instruct a panel solicitor. It's also easier, as otherwise you'd have to deal with two solicitors for the same conveyancing matter.
The deeds to our property can not be found. The lawyers who handled the conveyancing in Kempshott 10 years ago are no longer around. Will I be able to sell the house?
As long as the title is registered the details of your proprietorship will be recorded by HMLR under a Title Number. It is possible to execute a search at the Land Registry, locate your house and obtain up to date copies of the property title for less than a fiver. Where the property is Leasehold then the Land Registry will usually retain a certified duplicate of the Registered Lease and again, a copy can be obtained for a small fee.
Due to the input of my in-laws I had a survey completed on a property in Kempshott prior to retaining lawyers. I have been advised that there is a flying freehold aspect to the house. My surveyor has said that some mortgage companies may not issue a loan on such a house.
It depends who your proposed lender is. Santander has different requirements for example to Halifax. If you e-mail us we can investigate further via the relevant lender. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Kempshott. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Kempshott to see if the conveyancing will be more expensive.
I am buying a flat and need a conveyancing solicitor in Kempshott who is on the lender approved panel. Can you recommend a Kempshott or local Kempshott solicitor?
Our service is limited to being a directory service for firms who wish to listed as being on the approved conveyancing panel for the mortgage company who carry out conveyancing in Kempshott. We dont recommend any particular firm.