What tips do you have for searching for reasonably priced conveyancing in Cottenham?
First ask connections who they would recommend.
Second, search the internet for conveyancing in Cottenham. Pick up the phone to a couple or more firms from the list and invite them to send you their conveyancing charges and discuss your needs with the solicitor who will conduct the conveyancing in advance ofmaking your decision.
Third is to make use of this site to assist you in finding the right lawyers taking into account your unique factors including location,deadlines, complexity and who the proposed lender is. Resist the temptation to appoint ninety nine pound conveyancing in Cottenham
Our son-in-law is in the process of securing a newly built flat in Cottenham with a mortgage from TSB. His solicitor has said that there is a delay in receiving the ‘Disclosure of Incentive Form’. This document is news to me - what is it and who needs sight of it?
The document is intended to provide information to the main parties engaged in the purchase. Therefore, it will be provided to your son’s lawyer who should be on the TSB conveyancing panel as a standard part of the process, and to the valuer when asked. The developer will be required to start the process by downloading the form and completing it. The form will therefore need to be available for the valuer at the time of his or her site visit. The form should be sent to the TSB conveyancing panel solicitor as early as possible, in order to avoid any last minute delays, and no later than at exchange of contracts.
It is a dozen years since I purchased my property in Cottenham. Conveyancing solicitors have recently been instructed on the sale but I am unable to track down my title documents. Will this jeopardise the sale?
You need not be too concerned. Firstly the deeds may be with your mortgage company or they may be archived with the conveyancers who oversaw the purchase. Secondly in most cases the land will be registered at the land registry and you will be able to prove you are the registered owner by your conveyancing solicitors obtaining up to date copy of the land registers. The vast majority of conveyancing in Cottenham involves registered property but in the rare situation where your home is unregistered it adds to the complexity but is not insurmountable.
I have been told that property searches are the primary cause of delay in Cottenham conveyancing transactions. Is this right?
The Council of Property Search Organisations (CoPSO) released determinations of a review by MoveWithUs that conveyancing searches do not figure within the most frequent causes of hindrances during the legal transfer of property. Local searches are not likely to feature in any holding up conveyancing in Cottenham.
I purchased a renovated Victorian house in Cottenham. Conveyancing solicitor acted for me and Halifax. I happened to do a free search for it on the Land Registry database and there are a couple of entries: one for freehold, another for leasehold with the matching property. I'd like to know for sure, how can I find out??
You need to assess the Freehold register you have again and check the Charges Register for mention of a lease. The best way to be sure that you are also the registered owner of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Cottenham and other locations in the country and poses no real issues for owners other than when they buy they have to account for both freehold and leasehold interests when dealing with mortgage companies. You can also enquire as to the position with the conveyancing lawyer who completed the work.
I've recently found out that there is a flying freehold element on a house I put an offer in last month in what should have been a quick, no chain conveyancing. Cottenham is the location of the property. Is there any advice you can give?
Flying freeholds in Cottenham are unusual but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Cottenham you would need to get your solicitor to go through the deeds diligently. Your mortgage company may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Cottenham may decide that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold residence.