I am need of leasehold conveyancing for an apartment in a relatively new development (seven years old) in Kimbolton. 95% of the appartments are already disposed of. Do I need carry out the local searches for my conveyancing in Kimbolton?
You would be taking a significant risk in failing carrying out Kimbolton conveyancing searches. Without searches you have no clarity over flooding, environmental etc which may mean you walk away due to potential problems down the line. If you are buying without a mortgage there is no legal requirement to have them, but we would strongly advise in the strongest possible terms that your solicitor conducts them. If speed and driving down costs are top of your issues you should consider with your conveyancer about the possibility of search insurance
I am in the process of mortgaging my flat in Kimbolton, does my lawyer need to be on the Nationwide Solicitor panel?
There is nothing to stop you using your solicitor, but Nationwide will insist on their interests being represented by a firm on their conveyancing panel. There is greater potential for delays and confusion with an additional lawyer added to the mix, and it will undoubtedly be more expensive too.
My wife and I own a renovated Georgian house in Kimbolton. Conveyancing practitioner acted for me and Chelsea Building Society. I happened to do a free search for it on the Land Registry database and there are two entries: the first freehold, another for leasehold under the exact same address. If a house is not a freehold shouldn't I have been informed?
You need to review the Freehold register you have again and check the Charges Register as there may be 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 Kimbolton and other locations in the country and poses no real issues for owners other than when they remortgage they have to account for both freehold and leasehold interests when dealing with purchasers. You can also check the position with your conveyancing solicitor who conducted the purchase.
Yesterday I discovered that there is a flying freehold issue on a property I have offered on two weeks back in what was supposed to be a simple, no chain conveyancing. Kimbolton is where the house is located. Is there any guidance you can give?
Flying freeholds in Kimbolton are not the norm but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Kimbolton you must be sure that your lawyer goes through the deeds thoroughly. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Kimbolton 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 identify a Kimbolton solicitor on the Nottingham Building Society conveyancing panel? I am a keen cyclist and am willing to travel upto 10kilometers to meet the conveyancer.
You can use the tool on this page. Please select a mortgage company and your location and you will see a number of Kimbolton conveyancing lawyers locally. We have detailed some Kimbolton conveyancing firms at the bottom of this page and you can ring them to verify whether they are on the Nottingham Building Society member panel