It is 10 years ago since I purchased my property in Princes Risborough. Conveyancing solicitors have just been retained on the sale but I am unable to track down the title deeds. Is this a major issue?
Don’t worry too much. Firstly the deeds may be kept by the mortgage company or they could stored with the solicitor who handled your 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 solicitors procuring up to date copy of the land registers. Nearly all conveyancing in Princes Risborough involves registered property but in the unlikely event that your property is unregistered it adds to the complexity but is not insurmountable.
Can you clarify what the consequences are if my lawyer’s firm is expelled from the Nationwide Solicitor panel ahead of completing my conveyancing in Princes Risborough?
The first thing to point out is that, this is a very rare occurrence. In most cases even where a law firm is removed off of a panel the lender would allow the completion to go ahead as the lender would appreciate the difficulties that they would place you in if you have to instruct a new solicitor days before completion. In a worst case scenario where the lender insists that you instruct a new firm then it is possible for a very good lawyer to expedite the conveyancing albeit that you may pay a significant premium for this. The analogous situation is where a buyer instructs a lawyer, exchanges contracts and the law firm is shut down by a regulator such as the SRA. Again, in this situation you can find lawyers who can troubleshoot their way to bring the conveyancing to a satisfactory conclusion - albeit for a fee.
Will commercial conveyancing searches disclose impending roadworks that may impact a commercial land in Princes Risborough?
Its becoming the norm that commercial conveyancing solicitors in Princes Risborough will order a SiteSolutions Highways report as it dramatically cuts the time that conveyancers expend in investigating accurate data on highways that impact buildings and development assets in Princes Risborough. The search result sets out definitive data on the adoption status of roads, footpaths and verges, as well as the implication of traffic schemes and the rights of way surrounding a commercial development sites in Princes Risborough.
For each commercial conveyancing transaction in Princes Risborough it is crucial to investigate the adoption status of roads surrounding a site. The absence of identifying developments where adoption procedures have not been addressed adequately can result in delays to Princes Risborough commercial conveyancing transactions as well as pose a risk to future plans for the site. These searches are not conducted for residential conveyancing in Princes Risborough.
Yesterday I discovered that there is a flying freehold issue on a house I have offered on last month in what should have been a simple, chain free conveyancing. Princes Risborough is where the house is located. What do you suggest?
Flying freeholds in Princes Risborough are not the norm but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Princes Risborough you must be sure that your lawyer goes through the deeds thoroughly. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Princes Risborough may decide 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.
Are there any apps to assist me to locate a Princes Risborough law firm on the Skipton Building Society conveyancing panel? I drive a motor bike and am willing to travel upto 25miles to meet the lawyer.
Feel free to make use of the tool on this page. Please select a mortgage company and your location and you will see a number of Princes Risborough conveyancing lawyers located nearest you. We have detailed some Princes Risborough conveyancing firms towards the end of this page and you can ring them to see if they are on the Skipton Building Society approved list
Is it best to appoint a Princes Risborough conveyancing lawyer who is local to the property I am purchasing? We have a good friend who can perform the legal formalities but they are based approximately 350miles away.
The benefit of a local Princes Risborough conveyancing practice is that you can attend the office to execute paperwork, deliver your identification documents and pester them if necessary. They will also have local intelligence which is a bonus. However nothing is more important than finding someone that will pull out all the stops for you. If other friends have instructed your friend and on the whole were content that should outweigh using an unfamiliar Princes Risborough conveyancing solicitor just because they are local.