Me and my brother purchased a 4 bedroom Edwardian house in Oldland. Conveyancing solicitor acted for me and Nottingham Building Society. I did a free Land Registry search last week and there are two entries: one for freehold, another for leasehold with the matching property. If a house is not a freehold shouldn't I have been informed?
You should review 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 proprietor of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Oldland and other locations in 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 mortgage companies. You can also question the situation with the conveyancing solicitor who conducted the purchase.
How does conveyancing in Oldland differ for new build properties?
Most buyers of new build premises in Oldland approach us having been asked by the housebuilder to sign contracts and commit to the purchase even before the residence is built. This is because developers in Oldland typically purchase the site, 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 accustomed to new build conveyancing in Oldland or who has acted in the same development.
Are there any apps to help locate a Oldland solicitor on the Virgin Money conveyancing panel? I have a car and am happy to travel upto 10miles to meet the conveyancer.
Feel free to make use of the search on this page. Please pick a mortgage company and your location and you will see a number of Oldland conveyancing lawyers located nearest you. We have detailed some Oldland conveyancing firms towards the end of this page and you can call them to see if they are on the Virgin Money approved list
I have been sourcing a conveyancing lawyer in Oldland for my sale. Can I see a firm’s record with the legal regulator?
Anyone may search for published Solicitor Regulator Association (SRA) determinations stemming from investigations from 2008 onwards. Go to Check a solicitor's record. For details about the period before 1 January 2008, or to check a firm's history, telephone 0870 606 2555, 08.00 - 18.00 any week day save for Tuesday when lines open at 9.30am. For callers outside the UK, use +44 (0)121 329 6800. The SRA may monitor call for training reasons.
My husband and I have AIP from Godiva Mortgages Ltd who said that they will loan up to £117k. At what point do we need to instruct a solicitor for conveyancing? Oldland is where we are .
It would be wise to instruct a conveyancing practitioner now and ask them to create a file for you. This will enable: 1) the estate agent to issue a Sales Memorandum to the relevant parties 2) the seller’s lawyer to send out the draft agreement. That being said, do not ask your solicitor to order searches until you receive your valuation report via Godiva Mortgages Ltd and you are happy to move forward.