It is 10 years ago since I purchased my property in Newent. Conveyancing lawyers have now been instructed on the sale but I can't track down my deeds. Is this a problem?
Don’t worry too much. First there is a possibility that the deeds will be retained by the lender or they may stored with the solicitor who acted in the purchase. Secondly the chances are that the title will be recorded at the land registry and you will be able to prove you are the registered owner by your conveyancing lawyers obtaining current official copies of the land registers. The vast majority of conveyancing in Newent involves registered property but in the unlikely event that your home is unregistered it is more problematic but is resolvable.
We're in Newent, First time buyers buying with a mortgage (lender is Kent Reliance , and our solicitor is on the Kent Reliance conveyancing panel). How long should the conveyancing process take?
The fact that your lawyer is on the Kent Reliance conveyancing panel is a help. It would almost certainly delay matters if they were not. However, no solicitor should guarantee a timeframe for your conveyancing, due to third parties outside of your control such as delays caused by lenders,conveyancing search providers or by the other side’s solicitors. The time taken is often determined by the number of parties in a chain.
Despite weeks of looking the Title Certificate and documents to our house can not be found. The solicitors who dealt with the conveyancing in Newent 5 years ago no longer exist. What are my next steps?
In today’s world there are copies made of almost everything, and your lawyer will be aware precisely where to look for all the suitable documentation so you can purchase or dispose of your house without a hitch. Where copies can’t be found, your solicitor can arrange cover in the form of insurance or indemnities protecting you against possible claims on your property.
What are your top tips when it comes to finding a Newent conveyancing firm to deal with our lease extension?
If you are instructing a property lawyer for lease extension works (regardless if they are a Newent conveyancing practice) it is essential that he or she should be familiar with the legislation and specialises in this area of work. We advise that you speak with several firms including non Newent conveyancing practices prior to instructing a firm. If the firm is ALEP accredited then that’s a bonus. The following questions could be of use:
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What are the legal fees for lease extension work?
Leasehold Conveyancing in Newent - A selection of Queries before Purchasing
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Is anyone aware of any major works on the horizon that will likely add a premium to the service charges? Best to be warned whether redecorating or some other major work is due shortly that will be shared amongst the tenants and will materially impact the level of the maintenance fees or result in a one off invoice. What restrictions exist in the Newent Lease?
Me and my partner are about to complete buying a house in Newent but as a result of wreckage from the recent storms I have agreed compensation from the vendor of £2k in the form of a reduction in the price. This was going to be dealt with as part of the conveyancing process yet my mortgage company will not permit this. Should they have been notified?
Your solicitor being on the lender approved list is required to inform the lender of any variations to the sale figure. In the event that you prohibit your conveyancing practitioner to report the price change to your bank then they would have to disinstructing themselves from acting for you and the mortgage company.