It is a dozen years since I bought my house in Sawbridgeworth. Conveyancing solicitors have now been appointed on the sale but I can't locate the title documents. Is this a major issue?
You need not be too concerned. First there is a possibility that the deeds will be with your lender or they could be in the possession of the solicitor who oversaw your purchase. Secondly the likelihood is that the land will be registered at the land registry and you will be able to establish that you own the property by your conveyancing solicitors obtaining up to date copy of the land registers. Almost all conveyancing in Sawbridgeworth relates to registered property but in the rare situation where your property is unregistered it is more of a problem but is resolvable.
My bid for a property was accepted at auction in Sawbridgeworth. Conveyancing is needed. What happens now?
Having legally bound yourself to purchase you should appoint a conveyancing practitioner as a matter of priority as you now have a pending a fixed date to complete the conveyancing. All auction property will have a corresponding legal set of papers. This will include evidence of title and search results. In the case of leasehold property the conveyancing pack may provide a copy of the lease, management information and a sellers leasehold information form and associated conveyancing paperwork relating to a leasehold property. You must hand this to your appointed conveyancing solicitor as soon as possible. Do make sure that that you have the requisite funding in order to complete on the date specified in the contract.
My wife and I purchasing a 4 bedroom semi-detached house in Sawbridgeworth. We would like to an extension at the rear at the house.Will legal due diligence on the property involve enquiries to see if these alterations are prohibited?
Your conveyancer will check the deeds as conveyancing in Sawbridgeworth can on occasion reveal restrictions in the title deeds which prohibit categories of alterations or necessitated the consent of a 3rd party. Many extensions call for local authority planning consent and approval in compliance with building regulations. Some locations are designated conservation areas and special planning restrictions apply which often prevent or affect extensions. It would be wise to check these things with a surveyor ahead of any purchase.
When it comes to mortgage companies such as TSB, do Sawbridgeworth conveyancers have to pay an annual charge to be on the list of approved solicitors?
We are unaware of any bank fees to register on their panel, although some do charge an administration charge to deal with the processing of the conveyancing panel application.
I have recentlyfound out that Wolstenholmes have been shut down. They conducted my conveyancing in Sawbridgeworth for a purchase of a leasehold flat 10 months ago. How can I establish that the property is in my name in the name of the former proprietor?
The easiest method to see if the premises is registered to you, you can make a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Sawbridgeworth conveyancing specialists.
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 quick, no chain conveyancing. Sawbridgeworth is the location of the property. Can you shed any light on this issue?
Flying freeholds in Sawbridgeworth 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 Sawbridgeworth 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 Sawbridgeworth may determine 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 premises.
My husband and I are 17 days into a freehold purchase having been referred to conveyancers by the selling agent to handle our conveyancing in Sawbridgeworth. I am not happy. Can you you assist me in finding new solicitors?
They would need to be very poor in order to consider replacing them. Has the mortgage been sent? In the event that it has you must advise them of the new contact details and have the mortgage documents are re-issued. Your solicitor ideally should be on the lenders approved list to avoid added costs and frustration. That should be your starting point. Our search tool can help you find a bank approved solicitor for your home move in Sawbridgeworth
Having had my offer accepted I require leasehold conveyancing in Sawbridgeworth. Before diving in I would like to find out the number of years remaining on the lease.
Assuming the lease is recorded at the land registry - and most are in Sawbridgeworth - then the leasehold title will always include the short particulars of the lease, namely the date; the term; and the original parties. From a conveyancing perspective such details then enable any prospective buyer and lender to confirm that any lease they are looking at is the one relevant to that title. For any other purpose, such as confirming how long the term was granted for and calculating what is left, then the register should be sufficient on it's own.
Sawbridgeworth Leasehold Conveyancing - A selection of Questions you should ask before Purchasing
-
What is the length of the lease? Who are the managing agents? Please note if it is no more than eighty years it will impact the marketability of the apartment. It is worth checking with your bank that they are willing to go ahead with the loan given the lease term. Leases with less than 80 years remaining means that you will almost definitely require a lease extension sooner rather than later and you need to have some idea of what this will be. For most Sawbridgeworthlease extensions you will be required to have owned the premises for two years before you are legally able to extend the lease.