My wife and I are soon to exchange buying a property in Kelvedon but as a result of wreckage from the recent storms I have managed to agree reparation from the owner of £2k in the form of a adjustment in the price. This was going to be addressed as part of a side agreement yet UBS are not allowing this. Why were they notified?
The conveyancing practitioner that is on the UBS conveyancing panel is obliged to inform UBS of any variations to the purchase price. If you were to refuse your lawyer to disclose the reduction to UBS then they would have to discontinue acting for you. In addition, UBS and you would have to appoint a new conveyancer for your conveyancing in Kelvedon.
It is a dozen years since I bought my house in Kelvedon. Conveyancing lawyers have now been instructed on the sale but I am unable to locate the deeds. Is this a major issue?
You need not be too concerned. First there is a chance that the deeds will be retained by the mortgage company or they may still be with the lawyers who acted in your purchase. Secondly in all probability the property will be recorded at the land registry and you will be able to prove you own the property by your conveyancing solicitors acquiring up to date copy of the land registers. The vast majority of conveyancing in Kelvedon relates to registered property but in the unlikely event that your property is unregistered it is more tricky but is not insurmountable.
Various online forums that I have come across warn that are the number one reason for hinderance in Kelvedon house deals. Is there any truth in this?
The Council of Property Search Organisations (CoPSO) published findings of a review by MoveWithUs that conveyancing searches do not figure within the common causes of delays during the legal transfer of property. Searches are unlikely to feature in any slowing down conveyancing in Kelvedon.
I bought my home on 16 October and my personal details are still not registered. Should I be concerned? My conveyancing solicitor in Kelvedon expressed confidence that it should be recorded inside ten days. Are properties in Kelvedon particularly slow to register?
As far as conveyancing in Kelvedon registration is no quicker or slower than the rest of the country. Rather than based on location, timeframes can vary depending on who lodges the application, whether it is in order and if the Land registry need to notify any other persons or bodies. As of today approximately 80% of such applications are fully addressed within two weeks but occasionally there can be protracted delays. Historically registration is effected once the new owner has moved in to the property therefore post completion formalities is not always top priority but if it is urgent that the the registration takes place urgently then you or your solicitor should communicate with the Registry to express the reasoning for the application to be prioritised.
I have been on the look out for a ground for flat up to £235,500 and identified one near me in Kelvedon I like with a park and railway links in the vicinity, the downside is that it's only got 52 remaining years left on the lease. I can't really find anything else in Kelvedon suitable, so just wondered if I would be making a mistake acquiring a short lease?
Should you need a home loan the shortness of the lease may be a potential deal breaker. Reduce the offer by the amount the lease extension will cost if not already taken into account. If the current proprietor has owned the premises for at least twenty four months you may ask them to start the process of the extension and then assign it to you. An additional ninety years can be extended on to the current lease with a zero ground rent applied. You should consult your conveyancing lawyer concerning this.
I am looking for a conveyancing practitioner in Kelvedon for my house move. Is it possible to review a solicitor's record with the profession’s regulator?
Anyone may read presented Solicitor Regulator Association (SRA) determinations arising from inquisitions from 2008 onwards. Visit Check a solicitor's record. To find details about the period before 1 January 2008, or to check a firm's record, call 0870 606 2555, 08.00 - 18.00 any week day save for Tuesday when lines open at 9.30am. International callers, use +44 (0)121 329 6800. The SRA sometimes recorded call for training reasons.