My wife and I own a terraced Georgian house in Leconfield. Conveyancing lawyer represented me and . I happened to do a free search for it on the Land Registry database and there are a couple of entries: one for freehold, another for leasehold with the matching address. I thought I was buying a freehold how can I check?
You need to read 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 owner of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Leconfield and other areas of the country and poses no real issues for owners other than when they buy they have to account for both freehold and leasehold interests when dealing with lenders. You can also enquire as to the situation with your conveyancing practitioner who completed the work.
How does conveyancing in Leconfield differ for newly converted properties?
Most buyers of new build premises in Leconfield contact us having been asked by the developer to exchange contracts and commit to the purchase even before the house is completed. This is because builders in Leconfield typically acquire the land, 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 Leconfield or who has acted in the same development.
I decided to have a survey carried out on a property in Leconfield ahead of appointing conveyancers. I have been informed that there is a flying freehold overhang to the property. My surveyor advised that some banks may not grant a mortgage on this type of home.
It varies from the lender to lender. Santander has different requirements from Nationwide. If you call us we can look into this further via the relevant mortgage company. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Leconfield. Conveyancing will be smoother if you use a solicitor in Leconfield especially if they are accustomed to such properties in Leconfield.
I'm converting the mortgage on my primary home to a BTL mortgage with and intend to use the remaining equity as a deposit on a second property. The area we are looking at is Leconfield. Will your solicitors be able to act for both sets of lenders and tie in the transactions?
Do use our comparison tool on this page to ensure that the conveyancers are on the relevant lender panels. Having checked that they are your conveyancer will be able to simultaneously deal with the two conveyancing matters but you should have a chat with you lawyer and make clear your expectations and requirements.
I am purchasing a house and need a conveyancing solicitor in Leconfield who is on the lender conveyancing panel. Can you recommend a Leconfield or local Leconfield conveyancing firm?
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 conduct conveyancing in Leconfield. We dont recommend any particular firm.