We were about to instruct a conveyancing solicitor in Rayners Lane recommended using your comparison tool but have come across alternative costs illustrations on the internet seem less pricey – why is this?
One can find numerous websites promoting self styled cut-price conveyancing, unfortunately it’s common in such cases for additionalcosts result in the closing fee totally different to the one you expected. Solicitors are duty bound to ensure costs outlined in terms of engagement should be transparent and reasonable and be applied The conveyancers that we list for conveyancing in Rayners Lane specify all costs for the property you plan topurchase.
It is is a decade since I bought my house in Rayners Lane. Conveyancing lawyers have now been retained on the sale but I am unable to find my deeds. Will this cause complications?
You need not be too concerned. First the deeds may be retained by the lender or they could stored with the solicitor who acted in your purchase. Secondly in all probability the title will be registered at the land registry and you will be able to establish that you are the registered owner by your conveyancing solicitors acquiring current official copies of the land registers. The vast majority of conveyancing in Rayners Lane relates to registered property but in the unlikely event that your property is not registered it is more of a problem but is resolvable.
Various online forums that I have frequented warn that are the main reason for hinderance in Rayners Lane conveyancing transactions. Is this right?
The Council of Property Search Organisations (CoPSO) published determinations of a review by MoveWithUs that conveyancing searches do not feature amongst the top 10 causes of delays in the conveyancing process. Local searches are not likely to feature in any holding up conveyancing in Rayners Lane.
I own a terraced Georgian property in Rayners Lane. Conveyancing lawyer acted for me and Alliance & Leicester . I did a free Land Registry search last week and there are a couple of entries: one for freehold, another for leasehold with the exact same property. I thought I was buying a freehold how can I check?
You need to assess the Freehold register you have again and check the Charges Register for mention of a lease. The best way to be sure that you are also the registered owner of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Rayners Lane and other locations in the country and poses no real issues for owners other than when they buy they have to account for both freehold and leasehold interests when dealing with lenders. You can also check the situation with the conveyancing solicitor who carried out the work.
I've recently found out that there is a flying freehold issue on a property I put an offer in last month in what was supposed to be a quick, no chain conveyancing. Rayners Lane is where the house is located. Can you shed any light on this issue?
Flying freeholds in Rayners Lane are not the norm but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Rayners Lane you must be sure that your lawyer goes through the deeds very carefully. Your lender may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Rayners Lane 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 residence.
Should I cancel the direct debit for my mortgage with TSB once a completion date for my home sale in Rayners Lane has been agreed?
No, you must keep paying any mortgage payments to TSB pending the mortgage being discharged out of the proceeds of sale as part of your Rayners Lane conveyancing.