It is is a decade since I purchased my property in Saltney. Conveyancing solicitors have just been retained on the sale but I can't locate the title documents. Is this a problem?
Don’t worry too much. First the deeds may be retained by your lender or they may be in the possession of the solicitor who oversaw the purchase. Secondly the likelihood is that the title will be recorded at the land registry and you will be able to prove you own the property by your conveyancing solicitors acquiring up to date copy of the land registers. Nearly all conveyancing in Saltney relates to registered property but in the unlikely event that your home is unregistered it is more tricky but is resolvable.
Is there a list of Nottingham panel solicitors in Saltney on the Council of Mortgage Lender’s Website?
Unfortunately not yet. There is no such facility on the CML or Building Society Association sites. A small selection of lending institutions make their panel listings open the public online. Where you are seeking to appoint a Saltney conveyancer on the Nottingham please make the most of our tool.
Leeds Building Society have agreed my mortgage in principle, my offer on a flat in Saltney has been agreed to, now what?
The property agent will wish to be advised as to your property lawyer's details (be sure the conveyancing practitioners are on the lender’s panel). Call up Leeds Building Society or the financial adviser and finalise any relevant forms. Leeds Building Society will appoint a valuer who will get in contact with the selling agent or seller to book an appointment. Once carried out (assuming no problems) it takes on average ten days for the mortgage offer to be issued. Leeds Building Society will issue the offer to you and your conveyancing practitioners. The legal work will then take it’s course according the nature and complexity of the conveyancing in Saltney.
At last I have had an offer on a maisonette in Saltney agreed to, the owners do however have a tied purchase. The vendors have placed an offer on on an apartment, however it’s not yet agreed to, and are looking at other flats in the pipeline. I have selected a local conveyancing solicitor in Saltney. What should be my next step? When should I get the mortgage application with Bank of Ireland going?
It is understandable to have anxieties where there is a chain as you are unlikely to want to be too out of pocket prematurely (home loan application is approx £1k, then survey, Saltney conveyancing search charges, etc). The first thing to do is ensure that your solicitor is on the Bank of Ireland approved list. Regarding the subsequent phase this very much depends on the specifics of your case, motivation for the property and on the state of the market. During a hot market some buyers will apply for a home loan with Bank of Ireland and pay for the valuation and only if it was satisfactory would they request their lawyer to proceed with the conveyancing in Saltney.
I acquired my apartment on 5 April and my personal details is yet to be registered. Any reason for this? My conveyancing solicitor in Saltney advises it would be dealt with inside ten days. Are transfers in Saltney uniquely lengthy to register?
There is nothing unique about conveyancing in Saltney registration formalities. Rather than based on location, timescales can adjust subject to the party submitting the application, whether there are errors and if the Land registry need to notify any 3rd persons or bodies. At present roughly 80% of such applications are fully dealt with within two weeks but some can be subject to longer hold-ups. Historically registration takes place after the new owner has moved in to the property therefore 'speed' is not typically top priority yet if it is urgent that the the registration takes place urgently then you or your lawyers should speak with the land registry and explain the circumstances.
I am looking for a leasehold apartment up to £235,500 and found one close by in Saltney I like with a park and railway links in the vicinity, the downside is that it only has 51 years on the lease. There is not much else in Saltney suitable, so just wondered if I would be making a mistake buying a lease with such few years left?
Should you require a mortgage the remaining unexpired lease term may be problematic. Reduce the offer by the amount the lease extension will cost if not already taken into account. If the current owner has owned the premises for a minimum of 2 years you could ask them to start the process of the extension and pass it to you. An additional ninety years can be extended on to the current lease with a zero ground rent applied. You should speak to your conveyancing lawyer about this matter.
I see that you have a search directory identifying solicitors on the lender conveyancing panel. Do Saltney conveyancing firms pay you a commission if I appoint them for my conveyancing?
We are a listing service only for law firms wishing to communicate if they are on the mortgage company conveyancing panel or other lender panels. We do not charge referral fees to the any conveyancer that you subsequently appoint for your conveyancing in Saltney.