It is 10 years ago since I bought my house in Old Ford. Conveyancing solicitors have now been appointed on the sale but I can't find the deeds. Is this a major issue?
You need not be too concerned. First there is a chance that the deeds will be kept by the lender or they may still be with the conveyancers who handled the purchase. Secondly in most cases the land will be registered at the land registry and you will be able to establish that you own the property by your conveyancing solicitors procuring current official copies of the land registers. Nearly all conveyancing in Old Ford relates to registered property but in the unlikely event that your home is unregistered it adds to the complexity but is not insurmountable.
What is the best way to discover of the solicitor carrying out my conveyancing in Old Ford is on the bank’sconveyancing panel? I am looking to avoid the situation of having one lawyer for me and one for Santander thus paying £187.00 plus VAT in another set of conveyancing costs.
Please do make the most of the search tool on this page. Pick the lender and type ‘Old Ford’ or your location and you will see numerous conveyancers located in Old Ford or near you.
There is lots of here about conveyancing in Old Ford but what is your top tip for appointing the right conveyancer in Old Ford
We would encourage you not to base your choice on the lowest Old Ford conveyancing fees. You really do get what you pay for when it comes to conveyancing solicitors. A cheap quote may mean that the conveyancing solicitor is handling a lot of jobs at one time and you won’t get the quality of service and the attention that you need. It is, however, wise to use a conveyancer who has a fixed fee on a no sale, no fee basis. This way, you go into the conveyancing with your eyes wide open.
My lawyer has informed me that missing deeds insurance is necessary on my purchase. What is the typical level of cover needed for conveyancing in Old Ford?
The right level of missing deeds indemnity insurance depends on who your lender is. It would differ for example between Lloyds TSB Bank and Skipton Building Society. Conveyancing lawyers as opposed to borrowers take out such insurances.
We are getting a further advance on our mortgage from Kent Reliance as we intend to carry out improvements to our home in Old Ford. Are we obliged to appoint a local Old Ford solicitor on the Kent Reliance conveyancing panel to deal with the paperwork?
Kent Reliance don't usually require firms on their approved list of lawyers to handle such a matter. If they do require any legal work then you would need to ensure that such a lawyer was on the Kent Reliance panel.
We are purchasing a property and the conveyancer has raised the issue of Chancel Repair to which the property may be obligated to contribute to as it falls into the area of such a church. He has suggested insurance. Is this really necessary for conveyancing in Old Ford
Unless a previous purchase of the house took place after 12 October 2013 you could assume that conveyancing practitioners conducting conveyancing in Old Ford to continue to advocate a chancel search and or chancel repair liability insurance.
Due to the guidance of my in-laws I had a survey completed on a house in Old Ford ahead of retaining lawyers. I have been advised that there is a flying freehold overhang to the house. Our surveyor has said that some banks may not give a loan on this type of property.
It depends who your proposed lender is. Lloyds has different instructions for example to Birmingham Midshires. If you call us we can look into this further with the relevant lender. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Old Ford. Conveyancing may be slightly more expensive based on your lender's requirements.