It is a dozen years since I purchased my property in Datchet and Langley. Conveyancing solicitors have now been retained on the sale but I can't track down my title deeds. Is this a problem?
You need not be too concerned. First the deeds may be retained by the lender or they may still be with the conveyancers who oversaw the purchase. Secondly in most cases the title will be registered at the land registry and you will be able to prove you own the property by your conveyancing lawyers procuring current official copies of the land registers. Nearly all conveyancing in Datchet and Langley involves registered property but in the unlikely event that your property is not registered it adds to the complexity but is resolvable.
It has been five months following my purchase conveyancing in Datchet and Langley took place. I have checked the Land Registry site which shows that I paid £175,000 when infact I paid £215,000. Why the discrepancy?
The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the property from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.
How does conveyancing in Datchet and Langley differ for newly converted properties?
Most buyers of new build residence in Datchet and Langley contact us having been asked by the seller to sign contracts and commit to the purchase even before the property is constructed. This is because house builders in Datchet and Langley typically 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 property lawyers 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 accustomed to new build conveyancing in Datchet and Langley or who has acted in the same development.
Over the last few months I have been searching for a ground for flat up to £235,500 and found one round the corner in Datchet and Langley I like with open areas and station in the vicinity, however it only has 52 remaining years left on the lease. There is not much else in Datchet and Langley for this price, so just wondered if I would be making a mistake buying a short lease?
If you require a mortgage the remaining unexpired lease term may be problematic. Reduce the offer by the anticipated lease extension will cost if it has not already been discounted. If the current owner has owned the premises for a minimum of 2 years you can request that they start the process of the extension and pass it to you. An additional ninety years can be extended on to the current lease with a zero ground rent applied. You should speak to your conveyancing solicitor regarding this.
We are 18 days into a residential purchase having been directed to solicitors by the estate agent to carry out the conveyancing in Datchet and Langley. We are not happy. Could you you assist me in finding new solicitors?
A solicitor would need to be very poor to suggest replacing them. Has the loan offer been issued? If so you will need to advise them of the new contact details and get the loan are issued to the new lawyers. Your conveyancer needs to be on the mortgage company panel to avoid supplemental charges and complications. So that should be your first question of the new conveyancers. Our find a solicitor tool should assist you in finding a bank approved solicitor for your home move in Datchet and Langley
Do I cancel my mortgage payments with HSBC as soon as a completion date for my sale in Datchet and Langley has been set?
You would be well advised to keep paying any mortgage sums to HSBC until the mortgage is discharged out of the proceeds of sale as part of your Datchet and Langley conveyancing.