It is a dozen years since I purchased my house in Boncath. Conveyancing lawyers have recently been appointed on the sale but I am unable to find my title documents. Is this a problem?
You need not be too concerned. First there is a possibility that the deeds will be kept by the mortgage company or they may still be with the solicitor who acted in the purchase. Secondly in most cases the property will be recorded at the land registry and you will be able to establish that you are the registered owner by your conveyancing lawyers acquiring current official copies of the land registers. Almost all conveyancing in Boncath relates to registered property but in the rare situation where your home is unregistered it adds to the complexity but is resolvable.
My apartment in Boncath is up for sale and I have a purchaser. Will my conveyancing practitioner need to be on the Clydesdale conveyancing panel in order to deal with the discharge of my mortgage?
Ordinarily, even if your lawyer is not on the Clydesdale conveyancing panel they can still act for you on your sale. It might be that the lender will not release the original deeds (if applicable and increasingly irrelevant) until after the mortgage is paid off. You should speak to your lawyer directly before you start the process though to ensure that there is no problem as lenders are changing their conditions fairly frequently in recent years.
Despite weeks of looking the Title Certificate and documents to our property can not be found. The solicitors who did the conveyancing in Boncath 4 years ago no longer exist. What do I do?
You no longer need to hold title original deeds to prove you are the registered proprietor of land or property, given that the Land Registry hold details of all registered land or property electronically.
How does conveyancing in Boncath differ for newly converted properties?
Most buyers of new build or newly converted property in Boncath approach us having been asked by the housebuilder to sign contracts and commit to the purchase even before the residence is ready to move into. This is because house builders in Boncath usually acquire 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 conveyancers 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 Boncath or who has acted in the same development.
I have been on the look out for a leasehold apartment up to £245,000 and found one close by in Boncath I like with open areas and railway links nearby, the downside is that it's only got 51 years on the lease. I can't really find anything else in Boncath suitable, so just wondered if I would be making a mistake acquiring a short lease?
If you need a home loan the remaining unexpired lease term may be an issue. Reduce the price by the amount the lease extension will cost if not already taken into account. If the existing owner has owned the property for a minimum of twenty four months you could request that they commence the lease extension formalities and then assign it to you. An additional ninety years can be extended on to the current lease and have £0 ground rent by law. You should consult your conveyancing lawyer regarding this.
I am looking for a conveyancing practitioner in Boncath for my purchase. Is there any facility to see a solicitor's complaints history with the profession’s regulator?
Members of the public may see presented Solicitor Regulator Association (SRA) determinations arising from investigations started on or after Jan 2008. Visit Check a solicitor's record. To find information Pre 2008, or to check a firm's record, ring 0870 606 2555, 08.00 - 18.00 Monday, Wednesday, Thursday, Friday and 09.30 - 18.00 Tuesday. International callers, use +44 (0)121 329 6800. The SRA may recorded telephone calls for training reasons.