It is 10 years ago since I acquired my home in Rushden. Conveyancing lawyers have just been instructed on the sale but I am unable to find my deeds. Is this a problem?
Don’t worry too much. Firstly the deeds may be with your mortgage company or they may be archived with the conveyancers who acted in the purchase. Secondly in all probability the property will be registered at the land registry and you will be able to prove you are the registered owner by your conveyancing lawyers acquiring up to date copy of the land registers. Most conveyancing in Rushden involves registered property but in the rare situation where your home is unregistered it adds to the complexity but is resolvable.
Forgive me if this question is silly but I am new to the home buying as FTB of a two bedroom flat in Rushden. Do I pick up the keys to the house on the completion date from my conveyancer? If this is the case, I will appoint a High Street conveyancing solicitor in Rushden?
On the day of completion you will not be required to go to the conveyancers office in Rushden. Your solicitors will transfer the completion advance to the vendor’s solicitors, and shortly after the monies have arrived, you will be able to receive the keys from the selling Agents and move into your new home. Usually this occurs between 1 and 3pm.
We have a mortgage agreed in principle with Clydesdale. Rushden conveyancing practitioners are instructed. What is the average time that one could expect to receive a mortgage offer from Clydesdale?
There is no definitive answer here. Have Clydesdale done the valuation? Have you advised Clydesdale as to your lawyers' details and checked that your lawyers are on the Clydesdale conveyancing panel? Sometimes it can take as long as six weeks for a mortgage offer to be issued.
I am buying a property in Rushden. An unusual aspect is that the roof has a solar panel. Virgin Money have issued a mortgage offer so presumably this is not a concern to them. Why is my solicitor raising questions about the panel?
As your lender is Virgin Money your lawyer must check the formal requirements contained in Section two of UK Finance Lenders’ Handbook for Virgin Money. The Council of Mortgage Lenders’ Handbook stipulates minimum provisions for solar panel roof-space leases, and conveyancers are required to report to Virgin Money where a lease fails to comply with these conditions. The conditions relate to the installation of panels on properties countrywide and is not isolated to Rushden.
I have been told that property searches are the main reason for obstruction in Rushden house deals. Is there any truth in this?
The Council of Property Search Organisations (CoPSO) has noted the determinations of research by MoveWithUs that conveyancing searches do not figure amongst the most frequent causes of delays in the conveyancing process. Local searches are not likely to be the root cause of delay in conveyancing in Rushden.
I'm refinancing my current home to a BTL loan with Accord Mortgages Ltd and intend to use the remaining equity as a deposit on further property. The location we are talking about is Rushden. Will your lawyers be able to act for both sets of mortgage companies and tie in the transactions?
Make use of our comparison tool on this page to check that the lawyers are on the appropriate lender panels. Having checked that they are the conveyancer will be able to tie up the two conveyancing matters but you should talk with you conveyancer and communicate your desired outcome and needs.
I have just started marketing my 2 bed apartment in Rushden. Conveyancing lawyers have not yet been instructed, but I have just received a half-yearly maintenance charge demand – Do I pay up?
It best that you discharge the maintenance contribution as you normally would as all ground rent and maintenance invoices should be allotted as part of the financial calculations for completion monies, so you should recover the relevant percentage by the purchaser for the period running from after the completion date to the next payment date. Most management companies will not acknowledge the buyer until the service charges have been paid and are up to date, so it is important for both buyer and seller for the seller to show that they are up to date. Having a clear account will assist your cause and will leave you no worse off financially.
Rushden Leasehold Conveyancing - Examples of Queries Prior to buying
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You should want to find out as much as you can about the managing agents as they will impact your use and enjoyment of the property. Being a leasehold owner you are often in the clutches of the managing agents both financially and when it comes to practical issues such as the upkeep of the common parts. Don't be afraid to ask prospective neighbours what they think of them. In conclusion, be sure you know the dates that the maintenance fees are due to the relevant party and specifically what you get for your money. What is the name of the managing agents?
My mum and dad are encountering difficulties in finding their Rushden property on the HMLR site. They have a vague recollection 48 years ago when they purchased the house there were complications concerning the post code not being identified on some systems.
Nearly all residences in Rushden should show up. Have you limited your search to simply the postcode. Ordinarily it should disclose all the houses and flats inside that postcode. Assuming the property is registered it will show up with a title number. Where they bought sixty years ago it's conceivable it may be unrecorded. The address could still be revealed but with the title number identified as 'na'. In this scenario you will need to locate the original title deeds which could be with your parent’s bank.