I am considering applying for a Coventry BS mortgage for purchase of a new build (under development) in Sandringham with 65 per cent LTV. Is it compulsory to choose a solicitor on the conveyancing panel for Coventry BS ?
There is nothing to stop you using your solicitor, but Coventry BS will insist on their interests being represented by a firm on their conveyancing panel. There is greater potential for delays and confusion with two solicitors involved, and it will undoubtedly be more expensive too.
I require fast conveyancing in Sandringham as I have pressure to complete within one month. Thankfully I do not require a mortgage. Can I avoid the conveyancing searches to save fees and time?
As you are are a cash purchaser you have the choice not to do searches although no law firm would suggest that you don't. Drawing on our experience of conveyancing in Sandringham the following are instances of issues that can show up and therefore impact market value: Enforcement Actions, Overdue Fees, Overdue Grants, Railway Schemes,...
My wife and I have a 4 bedroom Edwardian property in Sandringham. Conveyancing lawyer acted for me and Barclays Direct. I happened to do a free search for it on the Land Registry database and I saw two entries: the first freehold, another for leasehold with the matching address. Is it worth asking Barclays Direct to clarify?
You should assess 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 Sandringham and other locations in the country and poses no real issues for owners other than when they mortgage they have to account for both freehold and leasehold interests when dealing with purchasers. You can also question the position with the conveyancing practitioner who conducted the conveyancing.
I own a leasehold house in Sandringham. Conveyancing and Coventry Building Society mortgage organised. I have received a letter from someone saying they have taken over the reversionary interest in the property. Attached was a demand for arrears of ground rent dating back to 1993. The conveyancing practitioner in Sandringham who acted for me is not around. What should I do?
The first thing you should do is contact the Land Registry to be sure that the individual claiming to own the freehold is indeed the registered owner of the freehold reversion. It is not necessary to incur the fees of a Sandringham conveyancing solicitor to do this as it can be done on-line for £3. You should note that in any event, even if this is the legitimate freeholder, under the Limitation Act 1980 the limitation period for recovery of ground rent is six years.
Sandringham Leasehold Conveyancing - Sample of Questions you should consider Prior to Purchasing
Best to be warned if fixing the lift or some other significant cost is due in the foreseeable future that will be shared by the leasehold owners and may well materially increase the the service fees or result in a one off invoice. How much is the service charge and ground rent on the property?
I am unfit to travel my Sandringham conveyancing solicitors office to sign documents for conveyancing in Sandringham – will this be an issue?
Not a problem. Sandringham conveyancing lawyers can handle home moves for clients throughout the rest of the country. It is not necessary for you to be able to visit a Sandringham conveyancers office. They can undertake everything through post, email, telephone and fax.