It is a dozen years since I acquired my property in Ascot. Conveyancing solicitors have just been appointed on the sale but I can't find my deeds. Is this a problem?
Don’t worry too much. Firstly the deeds may be with the mortgage company or they may be in the possession of the conveyancers 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 prove you own the property by your conveyancing solicitors procuring up to date copy of the land registers. Almost all conveyancing in Ascot relates to registered property but in the rare situation where your home is unregistered it is more problematic but is resolvable.
About to place a bid on a leasehold apartment in Ascot. The property agents assure me that it is normal for flats in Ascot to have less than 75 years remaining. I am expecting a loan with Platform. Will the property be mortgageable given that the lease has 69 years to go.
Most leasehold conveyancing experts should be able to deal with a lease extension. if you are getting a mortgage then your lender may insist that the lease be extended before competition. Platform have specific requirements as set out in the UK Finance Lenders’ Handbook in relation to minimum unexpired lease terms. As of 6/9/2020 the requirements read as follows :
Can you help - my lawyer advises that lack of planning permission insurance is needed on my purchase. What is the level of cover for Ascot conveyancing?
The right level of lack of planning permission indemnity insurance should be dictated by who who your lender is. It would differ for example between HSBC Bank and Leeds Building Society. Conveyancing solicitors as opposed to borrowers take out such policies.
We expect to receive a DIP from Leeds Building Society this week so we know how much we could potentially offer as otherwise we are dependent on web based calculators (which aren't taking into account credit checks etc). Do Leeds Building Society recommend any Ascot solicitors on the Leeds Building Society conveyancing panel, or is it better to find our own lawyer?
You will need to appoint Ascot solicitors independently although you'll need to choose one on the Leeds Building Society conveyancing panel. The solicitor represents both you and Leeds Building Society through the process.
Aldermore have agreed my mortgage in principle, my offer on a apartment in Ascot has been accepted, now what?
The property agent will want to know who your solicitors are (be sure the property lawyers are on the lender’s approved list). Call up Aldermore or the broker and finish off any relevant paperwork. Aldermore will instruct a valuer who will get in contact with the estate agent or seller to book a time for the valuation to take place. Once carried out (assuming no problems) it takes on average a fortnight for the mortgage offer to be issued. Aldermore will send the offer to you and your conveyancers. The transaction will then take it’s course according the nature and complexity of the conveyancing in Ascot.
I am buying a house and the lawyer has identified Chancel Repair to which the property may be liable given it’s proximity to the area of such a church. He has mentioned insurance. Is this strictly appropriate for conveyancing in Ascot
Unless a prior acquisition of the premises completed after 12 October 2013 you could take it that solicitors delivering conveyancing in Ascot to continue to advocate a chancel search and or insurance against a claim.
I am looking into buying my first house which is in Ascot and I am already nervous. I couldn't find anything specific about Ascot. Conveyancing will be needed in due course but do you know about the Ascot area? or perhaps some other tips you can share?
Rather than looking online forget looking online you should go and have a look at Ascot. In the meantime here are some basic statistics that we found
In searching the web for the term cheap conveyancing in Ascot it reveals numerous property lawyersin the area. With so much choice what is the best way to find the right property lawyer for me?
The best way of seeking a suitable conveyancer is via personal testimonial, so enquire of friends and relatives who have acquired a property in Ascot or the local estate agent or financial adviser. Fees for conveyancing in Ascot differ, so it's sensible to secure a minimum of four estimates from different companies. Make sure that you know what costs in the quote includes.