It is is a decade since I acquired my home in Sefton. Conveyancing solicitors have now been instructed on the sale but I can't find my title deeds. Is this a major issue?
You need not be too concerned. First there is a possibility that the deeds will be kept by your lender or they may stored with the conveyancers who oversaw the purchase. Secondly in most cases the property will be registered at the land registry and you will be able to prove you are the registered owner by your conveyancing solicitors obtaining up to date copy of the land registers. The vast majority of conveyancing in Sefton involves registered property but in the unlikely event that your home is not registered it adds to the complexity but is not insurmountable.
Will my conveyancing lawyers need to check that the building insurance when buying a house in Sefton. My lender is Accord Mortgages
Accord Mortgages have specific requirements as set out in the UK Finance Lenders’ Handbook. As of 11/3/2023, the requirements read as follows :
I used Wolstenholmes a few years ago for my conveyancing in Sefton. Now, I need the documents however the law firm has closed. What do I do?
Do contact the Solicitors Regulatory Authority (SRA) to help locate your conveyancing files. They can be contacted on please contact on 0870 606 2555. Alternatively, you should use their online form to make an enquiry. You will need to provide the SRA with as much information as possible to assist their search, including the name and address in Sefton of the conveyancing firm of solicitors you previously hired, the name of conveyancing solicitor with whom you had dealings, and the date on which you last had dealings with the firm.
I've recently found out that there is a flying freehold issue on a house I have offered on two weeks back in what should have been a straight forward, chain free conveyancing. Sefton is the location of the property. Can you shed any light on this issue?
Flying freeholds in Sefton are not the norm but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Sefton you would need to get your solicitor to go 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 Sefton 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.
Is it simple use the search app to get a costs illustration from a conveyancing lawyer in Sefton on the panel for my lender?
1st pick a mortgage company such as Nationwide Building Society, The Royal Bank of Scotland or Clydesdale then choose your preferred area a common one being Sefton. Conveyancing practices in Sefton and nationally will then be listed.
My lawyers in Sefton have advised me that no longer have my conveyancing file. At the time of my purchase I took out a mortgage with the mortgage company. Is it case that being on the lender conveyancing panel they need to have retained the file for a number of years?
It very much depends from lender to lender but many of the Terms and Conditions of Conveyancing Panel Appointment require the file to be held for a period of 6 years. That being said we have not seen a copy of the lender Conveyancing Panel Terms. It might be worth you contacting the lender directly.