Our lawyer has uncovered a a problem with the lease for the apartment we are purchasing in Pulborough. The seller’s lawyers have offered title insurance as a solution. We are content with insurance and will pay for it. Our conveyancer has advised that he must check that the bank is content with this solution. Are we the client or is the mortgage company ?
Even though you have a mortgage offer from the mortgage company does not mean to say that the property will meet their specifications for the purposes of a mortgage. Your lawyer has to ensure that the lease has to comply with the UK Finance Lenders’ Handbook requirements. You and the lender are the client. The appropriate lender conditions must be adhered to.
As someone unfamiliar with the Pulborough conveyancing process what is your top tip you can give me concerning the ownership transfer in Pulborough
Not many law firms or advisers will tell you this but conveyancing in Pulborough or throughout England and Wales is often a confrontational process. Put another way, when it comes to conveyancing there exists plenty of opportunity for confrontation between you and others involved in the ownership transfer. E.g., the vendor, estate agent and sometimes the lender. Choosing a law firm for your conveyancing in Pulborough should not be taken lightly as your conveyancer is your adviser, and is the ONLY party in the legal process whose role it is to act in your best interests and to protect you.
Every so often a third party with a vested interest will attempt to sway you that it is in your interests to do things their way. As an example, the property agent may claim to be assisting by suggesting your lawyer is slow. Or your mortgage broker may advise you to do take action that is contrary to your conveyancers recommendation. You should always trust your lawyer above all other parties when it comes to the legal transfer of property.
I require quick conveyancing in Pulborough as I am faced with an ultimatum to exchange contracts inside 4 weeks. A mortgage is not required. Can I avoid the conveyancing searches to save fees and time?
As you are not getting a mortgage you have the choice not to have searches carried out although no solicitor would advise that you don't. With plenty of history conveyancing in Pulborough the following are examples of issues that can be revealed and therefore affect future saleability: Enforcement Actions, Outstanding Charges, Overdue Grants, Road Schemes,...
Yesterday I discovered that there is a flying freehold element on a property I put an offer in last month in what should have been a simple, no chain conveyancing. Pulborough is where the house is located. Can you offer any guidance?
Flying freeholds in Pulborough are rare but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Pulborough 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 Pulborough 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.
My partner has suggested that I use his conveyancers in Pulborough. Should I use them?
Much as we are happy to recommend a Pulborough conveyancing lawyer the ideal way to choose a conveyancing practitioner is to get guidance from friends or relatives who have actually used the firm you're contemplating using.
The conveyancing solicitors conducting our conveyancing in Pulborough has sent papers to review that show the property is unregistered with epitome documents. Surely all houses in Pulborough should be registered?
The majority of property in Pulborough is registered. An 'epitome' is basically a dossier of photocopies of documents affecting an unregistered title. Many Pulborough conveyancing lawyers should be able to handle this type of conveyancing but in the event that uncertainty prevails the standard recommendation presently is for the seller’s conveyancer to register the title first and thereafter deal with the disposal - this will have a knock on effect to result in a significant delay.