It is 10 years ago since I purchased my property in Rainham. Conveyancing solicitors have just been appointed on the sale but I am unable to locate my title documents. Will this jeopardise the sale?
Don’t worry too much. Firstly there is a possibility that the deeds will be with your mortgage company or they could be in the possession of the conveyancers 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 own the property by your conveyancing lawyers acquiring current official copies of the land registers. The vast majority of conveyancing in Rainham involves registered property but in the rare situation where your home is not registered it adds to the complexity but is not insurmountable.
What is the best way to investigate if the solicitor carrying out my conveyancing in Rainham is on the lender’sconveyancing panel? I am looking to avoid the situation of having one lawyer for me and one for Lloyds TSB Bank thus paying £187.00 plus VAT in further legal invoice.
Feel free to take advantage of the search tool on this web page. Please choose the lender and type ‘Rainham’ or your location and you will see a number of lawyer located in Rainham or by proximity to you.
Are there restrictive covenants that are commonly identified during conveyancing in Rainham?
Restrictive covenants can be picked up when reviewing land registry title as part of the legal transfer of property in Rainham. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’
Due to the guidance of my in-laws I had a survey completed on a property in Rainham in advance of retaining lawyers. I have been told that there is a flying freehold overhang to the house. My surveyor has said that some lenders tend refuse to issue a mortgage on such a property.
It varies from the lender to lender. HSBC has different instructions for example to Birmingham Midshires. Should you wish to call us we can look into this further with the appropriate mortgage company. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Rainham. Conveyancing may be slightly more expensive based on your lender's requirements.
My husband and I are 17 days into a freehold purchase having been recommend to solicitors by the estate agent to carry out the conveyancing in Rainham. We are not happy. Can you help me find new conveyancers?
A solicitor would have to be very poor in order to consider diss instructing them. Has your loan offer been sent? In the event that it has you must make them aware of the replacement conveyancer and get the offer are issued to the new lawyers. Your solicitor ideally should be on the banks approved list to avoid added charges and delays. That should be your starting point. Our find a solicitor tool will help you find a lender approved solicitor for your home move in Rainham
I dont have enough spare money to pay a 10% deposit on my apartment purchase in Rainham , but I am anxious proceed. What can I do?
One option is to try and accept a smaller deposit. Most vendors will agree to a lesser deposit or even no deposit for a first time buyer or 100% mortgage. Be aware though that if you fail to complete you will still need to hand over a minimum of 10% of the purchase price regardless of how much deposit was agreed.
You can also agree a simultaneous exchange and completion as no deposit is required for this however neither party will be tied in until completion actually takes place and it can be risky if sellers change their mind at the last minute