It is is a decade since I acquired my house in Clifton. Conveyancing solicitors have just been appointed on the sale but I can't find the title deeds. Will this jeopardise the sale?
Don’t worry too much. Firstly there is a possibility that the deeds will be kept by the mortgage company or they could be archived with the solicitor who oversaw the purchase. Secondly in all probability the title will be registered at the land registry and you will be able to prove you own the property by your conveyancing lawyers obtaining up to date copy of the land registers. Almost all conveyancing in Clifton involves registered property but in the rare situation where your home is not registered it adds to the complexity but is not insurmountable.
I am purchasing a terraced house in Clifton. Conveyancing solicitors are said to be ‘a necessary evil’ but can I do it myself?
Leaving aside the complexities and merits of DIY conveyancing in Clifton you will have to appoint a solicitor on your mortgage company's conveyancing panel to look after their interests. Most people therefore find it easier to let the solicitor act for them and the lender. Furthermore there is minimal cost savings to be made in you doing conveyancing for yourself and another lawyer conducting the conveyancing for the lender. Please feel free to use the search tool to find a lawyer on your lender panel in Clifton.
The estate agent has sent us the confirmation of our purchase of a new build apartment in Clifton. Conveyancing is a frightening process at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build legal work.
Set out below is a sample of a selection of leasehold new build enquiries that you should expect your new-build leasehold conveyancing in Clifton
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The Landlord must covenant to assume the management if the Management Company goes into liquidation or otherwise defaults in running the management scheme. Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company? Where there is an Undertaking being granted there is the risk of forfeiture of the Headlease subject to relief if one or more of the Underlessees are willing to accept the original Head Lessee’s obligations as otherwise relief will be denied to the Underlessees. The only alternatives are the Head Lessor agreeing not to forfeit the Headlease or the Head Lessee guaranteeing to the Underlessees that it will not be in breach of the Headlease. If there are lifts in the building, please confirm that the owners of flats on the ground and basement floors will not be required to contribute towards the cost of maintenance and renewal. Please provide evidence that the form of Lease proposed has been approved by the Land Registry.
Due to the guidance of my in-laws I had a survey completed on a house in Clifton ahead of instructing solicitors. I have been advised that there is a flying freehold aspect to the house. My surveyor has said that some banks will refuse to grant a mortgage on this type of house.
It depends who your proposed lender is. Bank of Scotland has different instructions from Halifax. If you contact us we can check via the appropriate bank. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Clifton. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Clifton to see if the conveyancing will be more expensive.
Should I be wary that estate agents that I am dealing with are suggesting a web based conveyancing firm rather than a local Clifton conveyancing firm?
As is the case with lots of service providers, often suggestions from connections can be very helpful. But there are many people with a keen interest in a conveyancing deal; estate agents, financial adviser and banks might all recommend lawyers to instruct. On occasion the solicitors might be known to one of the organisations as being good in their field, but occasionally there might be a commercial relationship behind the recommendation. You are at liberty to select your preferred conveyancer. Don't forget that many mortgage providers specify a panel list of solicitors you are obliged to use for the lender aspect of your home move.
What are the distinct advantages to choosing a high street conveyancer in Clifton
A significant proportion of house movers in Clifton choose a local solicitor so that they can visit if they have questions, and to deliver mortgage deeds rather taking the chance of relying on the post.
Some would suggest that there exists a slight edge in using a conveyancer nearby to a property you are planning to purchase, due to the knowledge of the locality and possible local concerns - nevertheless this is moot. Many conveyancers carry out their work via the internet and could be practically anywhere.