It is a dozen years since I bought my house in Margate. Conveyancing solicitors have now been instructed on the sale but I can't track down my title documents. Is this a problem?
Don’t worry too much. Firstly the deeds may be kept by the lender or they may be in the possession of 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 establish that you are the registered owner by your conveyancing lawyers procuring up to date copy of the land registers. The vast majority of conveyancing in Margate involves registered property but in the unlikely event that your property is not registered it is more tricky but is not insurmountable.
Various web forums that I have frequented warn that are a common reason for hinderance in Margate conveyancing transactions. Is there any truth in this?
The Council of Property Search Organisations (CoPSO) has noted the conclusions of a review by MoveWithUs that conveyancing searches do not feature within the most frequent causes of hindrances during the legal transfer of property. Searches are unlikely to feature in any delay in conveyancing in Margate.
I opted to have a survey done on a property in Margate prior to retaining conveyancers. I have been informed that there is a flying freehold element to the house. Our surveyor has said that some lenders tend refuse to give a mortgage on a flying freehold home.
It depends who your proposed lender is. HSBC has different instructions for example to Birmingham Midshires. Should you wish to call us we can check with the appropriate lender. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Margate. Conveyancing may be slightly more expensive based on your lender's requirements.
I'm converting the mortgage on my current house to a buy to let loan with Yorkshire Building Society and intend to use the remaining equity towards a second house. The location we are talking about is Margate. Will your conveyancers be able to act for the two banks and tie in the transactions?
Do use our search tool on this page to be sure that the solicitors are approved by both lenders. Assuming that they are your conveyancer should be able to simultaneously deal with the two transactions but you should talk with you conveyancer and specify your desired outcome and requirements.
My husband and I are first time buyers - agreed a price, but the estate agent told us that the owners will only move forward if we use their preferred solicitors as they need an ‘expedited deal’. Our preferred option is to instruct a local solicitor accustomed to conveyancing in Margate
We suspect that the owner is unaware of this ultimatum. If they desire ‘a quick sale', alienating a genuine buyer is not the way to achieve this. Speak to the vendors direct and make the point that (a)you are serious purchasers (b)you are excited to move forward, with finances in place © you have nothing to sell (d) you intend to proceed fast (e)however you intend to use your preferred Margate conveyancing solicitors - not the ones that will earn the negotiator at the agency a introducer fee or meet his conveyancing figures demanded by HQ.
A conveyancing firm dealt with my conveyancing in Margate half a dozen years past having archived my registration certificates but has since been shut down – how do I get hold of them?
Title deeds, as such, no longer exist as most properties in Margate are archived electronically at Land Registry. Should you need to show evidence of proprietorship or are disposing of or re-mortgaging your conveyancing practitioner will need to obtain up to date copies of the register from the Land Registry in any case.
If you feel there may be other documents or you have any other queries please e-mail your request with details of the transaction and documents you need to filerequest@clc-uk.org. The CLC will let you know what information they have and any additional information they may need before they are in a position to identify and send the documents to you. Following an intervention it may take some time for the CLC to access archived files and documents, but your request will be actioned as quickly as possible.