It is is a decade since I bought my property in Lytchett Matravers. Conveyancing solicitors have just been retained on the sale but I am unable to track down the deeds. Is this a major issue?
Don’t worry too much. First the deeds may be retained by your mortgage company or they could be archived with the conveyancers who oversaw your purchase. Secondly the likelihood is that the property will be registered at the land registry and you will be able to prove you own the property by your conveyancing lawyers acquiring current official copies of the land registers. The vast majority of conveyancing in Lytchett Matravers involves registered property but in the unlikely event that your property is not registered it is more tricky but is not insurmountable.
I am told that my conveyancing solicitors will need to check that the building insurance for my purchase of a house in Lytchett Matravers. My lender is Virgin
Virgin have specific requirements as set out in the UK Finance Lenders’ Handbook. As of 16/9/2021, the requirements read as follows :
I have been on the look out for a leasehold apartment up to £305k and identified one near me in Lytchett Matravers I like with amenity areas and station in the vicinity, however it only has 52 years unexpired on the lease. I can't really find anything else in Lytchett Matravers suitable, so just wondered if I would be making a grave error buying a short lease?
If you require a mortgage the remaining unexpired lease term will likely be a potential deal breaker. Discount the offer by the anticipated lease extension will cost if it has not already been discounted. If the current owner has owned the premises for a minimum of 2 years you could request that they commence the lease extension formalities and then assign it to you. You can add 90 years to the existing lease with a zero ground rent applied. You should speak to your conveyancing lawyer regarding this.
I am 14 days into a freehold purchase having been recommend to conveyancers by the local agent to carry out the conveyancing in Lytchett Matravers. I am not happy. Can you help me find new solicitors?
They would need to be very poor to suggest diss instructing them. Has the mortgage offer been issued? If so you need to inform them of the new contact details and ensure the loan are re-sent. Your solicitor ideally should be on the lenders approved list to avoid added expenses and delays. That should be your starting point. Our search tool will assist you in finding a lender approved lawyer for your home move in Lytchett Matravers
If instructed can a conveyancer remove a person from the title of my home in Lytchett Matravers ?
Extracting or adding someone to the title of your house is relatively straightforward. You’ll need to appoint a property lawyer to discuss your legal rights before you can proceed with a transfer of property. Contact us to book a free consultation with one a conveyancer