Is it possible for conveyancing in Sedbergh to be finalised inside two weeks?
In a situation where you are under a tight deadline for your conveyancing it is advisable to make sure that your conveyancer is familiar with the area as they will make use of local contacts and knowledge. It is possible that they would have handled otherhouses in the same street. You would be best advised to use a Sedbergh conveyancing lawyer. Second, check that the conveyancing firm is on the on the approved list for your mortgage company. It is claimed that nearly one in five of Sedbergh conveyancing deals are held up or derailed after discovering a buyer’s solicitor was not on their banks panel. This can often result in the legal process being delayed by almost three weeks. It is said that this issue impacts approximately 100,000 home sales annually. Many Sedbergh conveyancing firms can not act for certain mortgage companies so do check at the outset.
It is 10 years ago since I bought my home in Sedbergh. Conveyancing solicitors have recently been retained on the sale but I can't track down my title documents. Will this jeopardise the sale?
Don’t worry too much. First there is a chance that the deeds will be retained by your lender or they could be in the possession of the conveyancers who oversaw the purchase. Secondly the chances are that the property will be recorded at the land registry and you will be able to prove you own the property by your conveyancing solicitors acquiring current official copies of the land registers. Nearly all conveyancing in Sedbergh relates to registered property but in the rare situation where your home is not registered it adds to the complexity but is resolvable.
We are purchasing a end of terrace house in Sedbergh. We would like to carry out an extension to the side at the property.Will legal due diligence on the property involve investigations to ascertain if these works are allowed?
Your conveyancer should review the deeds as conveyancing in Sedbergh will on occasion reveal restrictions in the title documents which restrict certain alterations or necessitated the permission of a 3rd party. Many works need local authority planning permissions and approval under the building regulations. Some areas are designated conservation areas and special planning restrictions apply which frequently prevent or affect extensions. It would be wise to check these things with a surveyor before you commit yourself to a purchase.
We are getting a further advance on our home loan from Virgin Money as we want to conduct alterations to our home in Sedbergh. Are we obliged to appoint a high street Sedbergh solicitor on the Virgin Money conveyancing panel to deal with the paperwork?
Virgin Money do not ordinarily appoint firms on their approved list of lawyers to deal with such a matter. If they do require any legal work then you would need to ensure that such a lawyer was on the Virgin Money conveyancing panel.
I have paid off my mortgage with Coventry BS. I assume I don't need a Sedbergh conveyancing practitioner on the Coventry BS panel to remove the mortgage at the Land Registry. Please confirm.
If you have finished paying off your Coventry BS mortgage, they may send you evidence showing that you have paid it off. Alternatively they may notify the Land Registry directly. The Land Registry need to see this evidence before they will remove the Coventry BS mortgage from the register. Coventry BS, and any evidence they send you, will determine the action you need to take. In cases where no conveyancer is acting for you and you have paid off your mortgage:
- but are not moving to another property
- where Coventry BS has sent the Land Registry the discharge electronically, and
- Coventry BS has instructed the Land Registry to do so
Do I need to take out insurance to protect me from financial exposure to chancel repairs when acquiring a house in Sedbergh?
Unless a previous acquisition of the house completed after 12 October 2013 you can expect lawyers delivering conveyancing in Sedbergh to remain recommending a chancel search and or insurance against a claim.
Yesterday I discovered that there is a flying freehold element on a property I have offered on last month in what was supposed to be a quick, chain free conveyancing. Sedbergh is the location of the property. Can you shed any light on this issue?
Flying freeholds in Sedbergh are unusual but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Sedbergh you would need to get your solicitor to go through the deeds very carefully. Your lender may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Sedbergh may determine 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 residence.