It is a dozen years since I acquired my home in Southbourne. Conveyancing lawyers have recently been retained on the sale but I am unable to track down the title deeds. Is this a major issue?
You need not be too concerned. Firstly there is a possibility that the deeds will be with your mortgage company or they could be archived with the solicitor who acted in your purchase. Secondly the likelihood is that the property will be registered at the land registry and you will be able to establish that you own the property by your conveyancing solicitors obtaining up to date copy of the land registers. The vast majority of conveyancing in Southbourne involves registered property but in the rare situation where your property is not registered it adds to the complexity but is not insurmountable.
We wanted to use a conveyancing solicitor in Southbourne for our home move. Our financial adviser has since advised us that our mortgage company Aldermore won't deal with them. Why is this not regarded as unduly restrictive?
A decade ago most mortgage companies had a different appetite for risk. Almost all Southbourne conveyancing firms would have been on most mortgage company panels. The FSA in 2010 conducted a thematic investigation into mortgage fraud which come to the conclusion: mortgage lenders should know the conveyancing solicitors dealt with. Consequently, mortgage companies are increasingly seeing more data from law firms relating to their operations and the individuals who work for them and establishing certain criteria such a completing on a minimum amount of conveyancing. Many Southbourne conveyancing firms that have been excluded from lender panels have Unblemished track record, no complaints and no claims and didn't just 'dabble' in conveyancing. Southbourne is one of the many locations where the conveyancers we recommend are on the panel for Aldermore.
Is it necessary to pay for insurance to address the risk of chancel repairs when purchasing a property in Southbourne?
Unless a previous purchase of the property took place after 12 October 2013 you can expect solicitors delivering conveyancing in Southbourne to remain encouraging a chancel search and or chancel repair liability policy.
I am a sole trader planning to lease a unit on a shopping parade. Can you recommend solicitors offering no-sale-no fees for non-domestic conveyancing in Southbourne for less than £2000?
We can recommend firms who host a wealth of experience of commercial conveyancing in Southbourne, including the sale and acquisition of businesses as well as simply property. If you are intending to purchase or dispose of a shop, pub, restaurant, office, retail premises or a complete business we will put you in touch with the right lawyer. Regarding the fees this will depend on the structure and nuances of the proposed transaction. Let us have your contact information or call us so that we may supply you with a detailed commercial conveyancing calculation.
Can you offer any advice when it comes to finding a Southbourne conveyancing firm to carry out our lease extension conveyancing?
If you are instructing a solicitor for your lease extension (regardless if they are a Southbourne conveyancing practice) it is imperative that he or she should be familiar with the legislation and specialises in this area of conveyancing. We recommend that you speak with two or three firms including non Southbourne conveyancing practices before you instructing a firm. If the firm is ALEP accredited then so much the better. The following questions might be helpful:
How familiar is the firm with lease extension legislation? Can they put you in touch with clients in Southbourne who can give a testimonial?
Leasehold Conveyancing in Southbourne - Sample of Queries Prior to buying
Best to be warned if redecorating or some other significant cost is due shortly that will be shared by the leasehold owners and will materially impact the level of the service fees or necessitate a one time invoice. Does the lease have more than 80 years unexpired?