My previous conveyancer has sent a quote for £1150 for leasehold conveyancing in Wolvey. I am hoping to downsize from a Georgian house for £250,000. This appears over the top. Is it above what I should be paying for conveyancing in Wolvey?

The charges are a bit high. If you shop around you might reduce the fees slightly by as much as a hundred pounds. On the other hand, you maylive to rue choosing an a cheaper solicitor. If is important to check the firm can represent your mortgage company. You can make use of our comparison tool to find a Wolvey conveyancing practice on the banks approved list of lawyers which can often include conveyancing solicitors in Wolvey.

It is is a decade since I purchased my property in Wolvey. Conveyancing solicitors have recently been instructed on the sale but I can't locate the deeds. Is this a major issue?

You need not be too concerned. Firstly the deeds may be kept by the mortgage company or they may stored with the lawyers who oversaw your purchase. Secondly in all probability the property will be recorded at the land registry and you will be able to prove you own the property by your conveyancing lawyers procuring current official copies of the land registers. Almost all conveyancing in Wolvey involves registered property but in the unlikely event that your home is not registered it is more of a problem but is not insurmountable.

We had instructed conveyancers located in Wolvey on the Co-operative solicitor approved list. They have just invoiced me a further sum for dealing with the Co-operative mortgage. Is this a supplemental conveyancing fee specified by Co-operative?

Unfortunately, so long as it is in their Terms and Conditions or Quote then yes your property lawyer is entitled to levy a fee for this. The fee is not set by Co-operative but by your Wolvey property lawyer. Numerous firms on the Co-operative panel will charge an ‘acting for lender’ fee but plenty of practices include it on their overall fee.

I have today made my last payment due on my mortgage with Virgin Money. I assume I don't need a Wolvey solicitor on the Virgin Money panel to discharge the mortgage at the Land Registry. Please confirm.

If you have finished paying off your Virgin Money 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 Virgin Money mortgage from the register. Virgin Money, 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:

1. but are not moving to another property
2. where Virgin Money has sent the Land Registry the discharge electronically, and
3. Virgin Money has instructed the Land Registry to do so

I was told three weeks ago that my mortgage has been agreed to by Nationwide. Is it usual for Nationwide to only issue the offer once my solicitor in Wolvey is approved on their conveyancing panel? Nationwide have asked my solicitor to see a copy of their PI Insurance.

A lender would not issue a mortgage until they have details of a lawyer on their panel. It can take a few weeks for Nationwide to deal with your lawyer's application to be on the Nationwide conveyancing panel. There's no guarantee that your solicitor will be accepted.

I am hoping to exchange soon on a ground floor flat in Wolvey. Conveyancing lawyers assured me that they are sending me a report on Monday. Are there areas in the report that I should be focusing on?

Your report on title for your leasehold conveyancing in Wolvey should include some of the following:

Who has the liability to repair and maintain the block. It is essential for you to know who is responsible the repair and maintenance of all parts of the block and estate Changes to the property The landlord’s rights to access the flat. You should be made aware that your landlord has rights of access as well as be informed how much notice must be provided. Responsibility for maintaining the window frames Specifying your rights in respect of common areas in the building.By way of example, does the lease permit a right of way over a path or hallways?

Wolvey Leasehold Conveyancing - A selection of Questions you should consider Prior to buying

How is the lease structured? How much is the ground rent and service charge?

My folks are unable to locate their Wolvey land registry title on the website. They recall that back in the 70’s when they purchased the bungalow there were complications concerning the post code not being identified on some systems.

Nearly all residences in Wolvey should be revealed. Have you tried a search with just the postcode. Ordinarily it should reveal all the houses and flats within the postcode. Assuming the property is registered it will show up with a title number. Where they bought 50 years ago it's conceivable it may be unrecorded. The address may still be revealed but with the title number shown 'na'. In this scenario you will need to track down the original title papers which might be with your parent’s bank.