Our conveyancer has identified a defect with the lease for the property we are buying in Kingsthorpe. The seller’s lawyers have offered defective title insurance as a solution. We are happy with insurance and will cover the costs. Our conveyancing practitioner says that he must be satisfied that the mortgage company is happy with this solution. Are we the client or is the mortgage company ?
Even though you have a mortgage offer from the lender does not mean to say that the property will meet their provisions for the purposes of a mortgage. Your lawyer has to ensure that the lease has to comply with the UK Finance Lenders’ Handbook provisions. You and the lender are the client. The appropriate lender specifications must be adhered to.
It is is a decade since I purchased my house in Kingsthorpe. Conveyancing lawyers have recently been instructed on the sale but I can't find the title deeds. Is this a major issue?
Don’t worry too much. Firstly the deeds may be retained by your mortgage company or they could be archived with the solicitor who handled the purchase. Secondly the likelihood is that 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 acquiring up to date copy of the land registers. The vast majority of conveyancing in Kingsthorpe involves registered property but in the rare situation where your property is not registered it adds to the complexity but is not insurmountable.
Yesterday I discovered that there is a flying freehold issue on a property I have offered on a fortnight ago in what should have been a simple, chain free conveyancing. Kingsthorpe is where the house is located. Can you offer any guidance?
Flying freeholds in Kingsthorpe are rare but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Kingsthorpe you would need to get your solicitor to go through the deeds very carefully. Your lender may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Kingsthorpe may ascertain 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 property.
What tools are available to identify a Kingsthorpe law firm on the Nationwide Building Society conveyancing panel? I am a keen cyclist and am prepared to travel upto 10kilometers to meet the conveyancer.
Feel free to make use of the search on this page. Please pick a mortgage company and your location and you will see a number of Kingsthorpe conveyancing lawyers located nearest you. We have detailed some Kingsthorpe conveyancing firms at the bottom of this page and you can telephone them to check whether they are on the Nationwide Building Society member panel
I need to instruct a conveyancing solicitor in Kingsthorpe for my home move. Is it possible to review a firm’s record with the profession’s regulator?
You can find documented Solicitor Regulator Association (SRA) determinations arising from investigations from 2008 onwards. Go to Check a solicitor's record. To find information about the period before 1 January 2008, or to check a solicitors record, ring 0870 606 2555, 08.00 - 18.00 any week day save for Tuesday when lines open at 9.30am. For non-uk callers, dial +44 (0)121 329 6800. The SRA could recorded telephone calls for training reasons.
I cannot travel my Kingsthorpe conveyancing lawyers office to sign documents connected to my conveyancing in Kingsthorpe – is this a problem?
No. Kingsthorpe conveyancing solicitors can handle home moves for clients nationwide. You are unlikely to be required to visit a Kingsthorpe conveyancers office. Almost all solicitor can handle everything via phone, post and email - whatever works for you.