I require quick conveyancing in Water Orton as I am faced with an ultimatum to complete inside one month. A mortgage is not required. Can I avoid the conveyancing searches to save fees and time?

As you are not obtaining a home loan you have the choice not to do searches although no law firm would advise that you don't. Drawing on our experience of conveyancing in Water Orton the following are examples of what can crop up and therefore affect future mortgageability: Enforcement Notices, Outstanding Fees, Overdue Grants, Road Schemes,...

The deeds to our home can not be found. The solicitors who handled the conveyancing in Water Orton 10 years ago are no longer around. What do I do?

Nowadays there are duplicates made of almost everything, and your solicitor will be aware exactly where to find all the suitable paperwork so you can buy or dispose of your house without any difficulty. Where copies are not available, your lawyer can arrange cover in the form of insurance or indemnities protecting you against possible claims on the premises.

I'm buying a new build house in Water Orton benefiting from help to buy. The sellers refused to budge the amount so I negotiated 6k of extras instead. The sale representative advised me not inform my conveyancer about this deal as it could adversely affect my loan with the bank. Is this normal?.

All lenders require a Disclosure of Incentives Form from the developer of any new build, converted or renovated property, It is available online from the Lenders’ Handbook page on the CML website. CML form is completed and handed to the lender's surveyor when the inspection is done.

Lenders have different policies on incentives. Some accept none at all, cash or physical, while others will accept cash incentives up to 5%.

Hard to understand why the representative of a builder would be suggesting you withold information from a solicitor when all this will be clearly visible on forms the builder has to supply to its solicitor, the buyer's solicitor and the surveyor.

Yesterday I discovered that there is a flying freehold issue on a property I put an offer in last month in what should have been a quick, no chain conveyancing. Water Orton is where the house is located. What do you suggest?

Flying freeholds in Water Orton are not the norm but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Water Orton you would need to get your solicitor to go 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 Water Orton 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 property.

Why do I have to supply my conveyancing practitioner with numerous items of ID ahead of starting my conveyancing in Water Orton?

Water Orton solicitors are required by the Law Society, Solicitors Regulation Authority, HMLR and current Money Laundering Regulations to certify that the have verified the identity of their clients. It is also sometimes a requirement of your lender if you are taking a mortgage. In addition they have to complete various forms, particularly those relating to SDLT and need to have details such as your full names, national insurance number and date of birth.