It is is a decade since I bought my home in Salisbury. Conveyancing lawyers have now been appointed on the sale but I can't find my title documents. Is this a major issue?
Don’t worry too much. First there is a chance that the deeds will be kept by the lender or they may still be with the conveyancers who oversaw the purchase. Secondly the chances are that the title will be registered 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. Nearly all conveyancing in Salisbury involves registered property but in the unlikely event that your property is not registered it adds to the complexity but is resolvable.
A relative recommended that if I am buying in Salisbury I should carry out a Neighbourhood, Planning and Local Amenity Search. What does it cover?
A search of this type is sometimes quoted for as part of the standard Salisbury conveyancing searches. It is a large document of about 40 pages, listing and setting out important information about Salisbury around the property and the people living there. It includes an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the local Housing Market, Council Tax Banding, the type of People living in the area, the dominant type of Housing, the Average House Prices, Crime statistics, Salisbury Education with maps and statistics, Local Amenities and other useful information concerning Salisbury.
Yesterday I discovered that there is a flying freehold issue on a property I have offered on a fortnight ago in what should have been a quick, chain free conveyancing. Salisbury is where the house is located. Can you shed any light on this issue?
Flying freeholds in Salisbury are unusual but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Salisbury you would need to get your solicitor to go through the deeds very carefully. Your mortgage company may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Salisbury may ascertain that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold property.
Should I appoint a Salisbury conveyancing lawyer who is local to the property I am buying? I have an old university friend who can execute the legal formalities but her office is 400miles drive away.
The benefit of a local Salisbury conveyancing firm is that you can visit the firm to execute paperwork, present your ID and apply pressure on them if necessary. Having local Salisbury know how is a bonus. However nothing is more important than finding someone that will do a good and efficient job. If if people you trust used your friend and the majority were happy that should outweigh using an unfamiliar Salisbury conveyancing lawyer just because they are round the corner.
Myself and my fiance have recently had an offer agreed on a house and had meeting on Wednesday with Leeds Building Society for the mortgage. They advised me that when it comes to choosing a that unless they are on their approved list of then we will have to pay out an additional fee of about two hundred pounds. This is is due to the fact that they would then have to appoint a conveyancer to act for them as well as the one we appoint on our behalf and we will be on the hook for their fees. I have requested Leeds Building Society to furnish me with a list so I can request quotes only from their approved conveyancers but was told that I need to check with each individual conveyancer to see if they are on the panel. Is their an easier way of going about this?
You should ask Leeds Building Society what their criteria for panel membership is for a conveyancer.Then ask the of your choice whether they meet the criteria and have they acted on loans for Leeds Building Society before. Where the answer to those is yes, then just clarify this with Leeds Building Society. Another option is to utilise our search tool and we should be able to identify a in Salisbury on the approved list for Leeds Building Society.