My wife and I are acquiring a brand new duplex in Langstone and my solicitor is telling me that she is duty bound to the lender to disclose incentives from the builder. I am on a tight deadline to sign contracts and I don't want to delay matters. is my lawyer playing by the book?
You should not exchange unless you have been advised to do so by your conveyancing practitioner. A precondition to being on a bank panel is to comply with the UK Finance Lenders’ Handbook provisions. The CML Conveyancing Handbook requires that your lawyer have the appropriate Disclosure of Incentive form completed by the developer and accepted by your lender.
We are purchasing a property in Langstone. It might be a silly question but how we can trust a solicitor? At some point we will need to put money into their account. What protection do we have from them run away with our monies?
Be assured that all money in a Solicitors client account is 100% safe, and even if your Solicitor ran off with it, the Law Society would reimburse you fully.
I am purchasing a detached bungalow in Langstone. Our aim is to carry out a loft conversion at the house.Will legal work on the property involve investigations to ascertain if these alterations are allowed?
Your solicitor should review the deeds as conveyancing in Langstone will sometimes identify restrictions in the title deeds which restrict categories of alterations or need the permission of a 3rd party. Some works require local authority planning consent and approval under the building regulations. Some areas are designated conservation areas and special planning restrictions apply which often prevent or affect extensions. You should check these things with a surveyor before you commit yourself to a purchase.
I have paid off my mortgage with Nottingham. I assume I don't need a Langstone lawyer on the Nottingham panel to remove the mortgage at the Land Registry. Am I right?
If you have finished paying off your Nottingham mortgage, they may send you evidence showing that you have paid it off. Alternatively they may notify the Land Registry directly. The Land Registry need to see this evidence before they will remove the Nottingham mortgage from the register. Nottingham, and any evidence they send you, will determine the action you need to take. In cases where no conveyancer is acting for you and you have paid off your mortgage:
- but are not moving to another property
- where Nottingham has sent the Land Registry the discharge electronically, and
- Nottingham has instructed the Land Registry to do so
I require quick conveyancing in Langstone as I am faced with a deadline to complete inside one month. Fortunately I do not need a mortgage. Can I avoid the conveyancing searches to save fees and time?
If.Given you are not getting a home loan you are at free not to do searches although no solicitor would advise that you don't. With plenty of history conveyancing in Langstone the following are instances of what can show up and adversely affect the marketability of the property: Enforcement Actions, Overdue Fees, Outstanding Grants, Road Schemes,...
Despite weeks of looking the Title Certificate and documents to our home are lost. The lawyers who dealt with the conveyancing in Langstone 10 years ago are no longer around. Will I be able to sell the house?
Gone are the days when you need to hold title original deeds to evidence that you are the registered proprietor of land or property, as the Land Registry hold details of all registered land or property electronically.
I've recently found out that there is a flying freehold element on a house I put an offer in last month in what should have been a straight forward, no chain conveyancing. Langstone is the location of the property. Can you shed any light on this issue?
Flying freeholds in Langstone are not the norm but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Langstone you must be sure that your lawyer goes through the deeds diligently. Your mortgage company may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Langstone may decide 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 premises.