Despite weeks of looking the Title Certificate and documents to our home can not be found. The lawyers who dealt with the conveyancing in Topsham 10 years ago have long since closed. What are my options?
These day there are copies made of almost everything, and your solicitor will know exactly where to look for all the appropriate documentation so you can buy or dispose of your house without a hitch. If copies are not available, your conveyancer may be able to arrange cover in the form of insurance or indemnities against future claims on the premises.
How does conveyancing in Topsham differ for newly converted properties?
Most buyers of new build or newly converted property in Topsham approach us having been asked by the housebuilder to sign contracts and commit to the purchase even before the premises is ready to move into. This is because builders in Topsham tend to buy the site, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct conveyancing solicitors as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are used to new build conveyancing in Topsham or who has acted in the same development.
Yesterday I discovered that there is a flying freehold issue on a property I put an offer in last month in what was supposed to be a simple, no chain conveyancing. Topsham is where the house is located. Can you shed any light on this issue?
Flying freeholds in Topsham are not the norm but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Topsham you must be sure that your lawyer goes through the deeds diligently. Your lender may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Topsham 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 residence.
How easy is it to use the search app to locate a conveyancing lawyer in Topsham on the authorised to act for my bank?
First select a mortgage company such as Birmingham Midshires, Bank of Scotland or Britannia then type in your preferred area for example Topsham. Conveyancing organisations in Topsham and further afield should be identified.
What is the reason for new build conveyancing in Topsham being more expensive?
Conveyancing in Topsham for recently converted or new build properties can sometimes involve adoption of highways & drains, building regulations approval, planning permission, new build warranties such NHBC as well as further queries and contractual concerns.