It is is a decade since I bought my property in Leicestershire. Conveyancing lawyers have recently been instructed on the sale but I am unable to locate the title deeds. Is this a problem?
You need not be too concerned. Firstly the deeds may be kept by your mortgage company or they could be in the possession of the lawyers who handled your purchase. Secondly the likelihood is that the property will be recorded at the land registry and you will be able to establish that you own the property by your conveyancing solicitors procuring up to date copy of the land registers. The vast majority of conveyancing in Leicestershire involves registered property but in the unlikely event that your home is unregistered it adds to the complexity but is not insurmountable.
Forgive me if this question is silly but I am wet behind the ears as a 1st time buyer of a garden flat in Leicestershire. Do I pick up the keys to the property on the completion date from my lawyer? If this is the case, I will use a High Street conveyancing solicitor in Leicestershire?
On the day of completion you will not be required to attend the conveyancers office in Leicestershire. Your solicitors will arrange to send the completion advance to the owner’s lawyers, and shortly after the monies have arrived, you should be called to pick up the keys from the Estate Agents and start moving into the property. Usually this happens between 1 and 3pm.
When it comes to mortgage companies such as Santander, do Leicestershire conveyancers have to pay a fee to be on the list of approved solicitors?
We are not aware of any lender fees to register on their panel, although some do charge an administration charge to deal with the processing of the conveyancing panel submission.
We had instructed solicitors locally in Leicestershire on the Principality solicitor panel. They are now charging me a supplemental charge for handling the Principality mortgage. Is this an additional conveyancing fee set by Principality?
Provided it is contained in their Terms and Conditions or estimate then yes your conveyancer may charge a fee for this. The charge is not dictated by Principality but by your Leicestershire conveyancer. Some firms on the Principality panel will levy ’dealing with mortgage’ fee but some practices include it on their overall fee.
I used Wolstenholmes a few years ago for my conveyancing in Leicestershire. I now require my papers however cannot find the solicitor. What do I do?
Do call the Solicitors Regulatory Authority (SRA) to help locate your conveyancing files. They can be contacted on please contact on 0870 606 2555. Alternatively, you should use their online form to make an enquiry. You will need to provide the SRA with as much information as possible to assist their search, including the name and address in Leicestershire of the conveyancing firm of solicitors you previously used, the name of conveyancing solicitor with whom you had dealings, and the date on which you last had dealings with the firm.
Over the last few months I have been searching for a leasehold apartment up to £235,500 and found one round the corner in Leicestershire I like with open areas and railway links nearby, the downside is that it's only got 52 years on the lease. I can't really find anything else in Leicestershire in this price bracket, so just wondered if I would be making a grave error acquiring a lease with such few years left?
Should you need a home loan the shortness of the lease will likely be an issue. Discount the price by the anticipated lease extension will cost if not already taken into account. If the current proprietor has owned the property for a minimum of 2 years you can request that they commence the lease extension formalities and pass it to you. An additional ninety years can be extended on to the existing lease and have £0 ground rent by law. You should speak to your conveyancing lawyer concerning this matter.
Is it simple use the search facility to find a conveyancing practitioner in Leicestershire on the authorised to act for my lender?
Step one is to choose a mortgage company such as Lloyds TSB Bank, Bank of Scotland or Platform Home Loans Ltd then type in your preferred area a common one being Leicestershire. Conveyancing practices in Leicestershire and further afield should be listed.