It is a dozen years since I purchased my property in Stroud. Conveyancing lawyers have now been retained on the sale but I can't locate my title deeds. Will this jeopardise the sale?
Don’t worry too much. First the deeds may be kept by your lender or they could be in the possession of the conveyancers who acted in your purchase. Secondly in all probability the property will be registered at the land registry and you will be able to prove you own the property by your conveyancing lawyers obtaining current official copies of the land registers. The vast majority of conveyancing in Stroud involves registered property but in the unlikely event that your property is not registered it is more of a problem but is not insurmountable.
Have just purchased a probate house at auction in Stroud. Conveyancing is necessary. What is next?
Now that you have for all intents and purposes signed on the dotted line you now have to choose a conveyancing practitioner soon as you are facing a pending a drop dead date to complete the deal. All auction property will have a bespoke legal set of papers. This should include evidence of title and search results. Where you are dealing with leasehold premises the legal pack may include a copy of the lease, management information and a sellers leasehold information form and other conveyancing documentation pertinent to a leasehold property. You should give this to your appointed conveyancing solicitor as soon as possible. You also need to ensure that that you have the requisite funding in place to complete the transaction on the set completion date.
When it comes to lenders such as Santander, do Stroud conveyancers face a fee to be on the list of approved solicitors?
We are unaware of any lender fees to be on their list of approved firms, although some do charge an administration fee to deal with the processing of the conveyancing panel application.
My offer was accepted on a house in Stroud on 27/2/2024, valuation was booked 4 days later, all came back fine. Property lawyer instructed, so all that was missing was my mortgage offer. Having made daily calls to Yorkshire BS and chasing them on my offer, I have now been told that my offer will not be issued unless the lawyer is on the Yorkshire BS conveyancing panel. Can the lender hold off the offer?
Mortgage companies tend not to not issue an offer until they have details of a lawyer on their panel. It can take a few weeks for Yorkshire BS to deal with your lawyer's application to be on the Yorkshire BS conveyancing panel. There's no guarantee that your solicitor will be accepted.
Despite weeks of looking the Title Certificate and documents to our property are lost. The lawyers who did the conveyancing in Stroud 10 years ago are no longer around. What are my next steps?
Nowadays there are duplicates made of almost everything, and your solicitor will know exactly where to locate all the appropriate documentation so you can buy or dispose of your property without a hitch. Where duplicates can’t be located, your conveyancer can put in place insurance or indemnities against possible claims on the premises.
I am buying my first flat in Stroud with the aid of help to buy. The developers would not budge the price so I negotiated five thousand pounds worth of fixtures and fittings instead. The sale representative suggested that I not reveal to my lawyer about the deal as it may jeopardize my mortgage with HSBC Bank. Is this normal?.
All lenders require a Disclosure of Incentives Form from the builder 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.
I am selling my property. My former conveyancers have shut. I am in need of a recommendation of a conveyancing firm. Im based in Stroud if that makes things easier.
Please use our search tool to help you find a solicitor for your conveyancing in Stroud. We have connected thousands of home buyers and sellers with regulated solicitors to ensure that the legalities of their house move goes smoothly.
Why is it not possible to complete my conveyancing in Stroud on a public holiday?
This is due to the fact that on completion the funds will be transferred electronically between the banks of the buyer and seller's conveyancing practitioner and at present this can only take place on a working day. So you can't complete on a saturday or sunday either.