I have given 2 months notice to my current landlord and have to vacate my rented apartment in Osterley by 14/10/2019. Conveyancing on my purchase is underway. Is it possible to complete in 4 weeks as don't want to have to find temporary accommodation?
It is unwise to serve notice for your lease until you have exchanged. Assuming that you have not already done so, speak to your lawyer and ask them to they apply pressure on the owners solicitors, try to get a realistic time scale from them that all parties will look to achieve
I had intended to instruct a conveyancing solicitor in Osterley for our home move. Our broker has since notified us that our mortgage company Leeds Building Society won't deal with them. Why is this not regarded as unduly restrictive?
Banks on the whole imposes restrictions either the category or the number of conveyancing firms on their member panel. Typical examples of such criteria being that a law practice must not be a sole practitioner. As well as restricting the profile of firm, some have decided to limit the number of solicitor practices they permit to represent them. Be aware that Leeds Building Society have no responsibility for the quality of advice provided by any member of Leeds Building Society Conveyancer Panel. Mortgage fraud was a key driver in the reduction of conveyancing panels since 2008 even though there remains mixed views concerning the extent of solicitor engagement in some of that fraud. Figures from the Land Registry reveal that thousands of law firms, including some in or near Osterley only perform one or two conveyances a year.
I have been told that property searches are a common cause of stalling in Osterley conveyancing transactions. Is there any truth in this?
The Council of Property Search Organisations (CoPSO) has noted the determinations of a review by MoveWithUs that conveyancing searches do not figure within the most frequent causes of delays during the legal transfer of property. Local searches are unlikely to be the root cause of holding up conveyancing in Osterley.
I have todaydiscovered that Wolstenholmes have closed. They conducted my conveyancing in Osterley for a purchase of a freehold house 10 months ago. How can I check that the property is in my name in the name of the former proprietor?
The quickest way to check if the property is in your name, you can make a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Osterley conveyancing specialists.
I've recently found out that there is a flying freehold element on a property I put an offer in two weeks back in what should have been a simple, no chain conveyancing. Osterley is the location of the property. What do you suggest?
Flying freeholds in Osterley are unusual but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Osterley you must be sure that your lawyer goes through the deeds diligently. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Osterley may determine 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.
A licensed conveyancer handled my conveyancing in Osterley half a dozen years ago and was holding my title documents but has since been shut down – What can I do to retreive these?
Title deeds, as such, are no longer appropriate for most homes in Osterley are recorded digitally at Land Registry. If you need to show ownership or are disposing of or refinancing your lawyer 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.
