It is is a decade since I bought my home in Summertown and Botley. Conveyancing solicitors have recently been instructed on the sale but I am unable to locate my deeds. Will this jeopardise the sale?
You need not be too concerned. First there is a chance that the deeds will be with the lender or they may be in the possession of the conveyancers who oversaw the purchase. Secondly the likelihood is that the property will be recorded at the land registry and you will be able to establish that you are the registered owner by your conveyancing lawyers acquiring current official copies of the land registers. The vast majority of conveyancing in Summertown and Botley relates to registered property but in the unlikely event that your property is not registered it adds to the complexity but is not insurmountable.
I am buying a right to buy a flat in Summertown and Botley. How practical is it for me to do the conveyancing?
Leaving aside the complexities and merits of DIY conveyancing in Summertown and Botley you will have to appoint a solicitor on your mortgage company's conveyancing panel to look after their interests. Most people therefore find it easier to let the solicitor act for them and the lender. Furthermore there is minimal cost savings to be made in you doing conveyancing for yourself and another lawyer conducting the conveyancing for the lender. Please feel free to use the search tool to find a lawyer on your lender panel in Summertown and Botley.
Should commercial conveyancing searches disclose proposed roadworks that may affect a commercial land in Summertown and Botley?
Many commercial conveyancing solicitors in Summertown and Botley will execute a SiteSolutions Highways report as it reduces the time that conveyancers expend in researching accurate data on highways that impact buildings and development assets in Summertown and Botley. The report sets out definitive data on the adoption status of roads, footpaths and verges, as well as the implication of traffic schemes and the rights of way surrounding a commercial development sites in Summertown and Botley.
For every commercial conveyancing transaction in Summertown and Botley it is critical to investigate the adoption status of roads surrounding a site. Failure to identify developments where adoption procedures have not been addressed adequately may cause delays to Summertown and Botley commercial conveyancing transactions as well as present a risk to future plans for the site. These searches are not ordered for residential conveyancing in Summertown and Botley.
My wife and I purchased a terraced Georgian house in Summertown and Botley. Conveyancing practitioner represented me and Platform Home Loans Ltd. I happened to do a free search for it on the Land Registry database and I saw a couple of entries: one for freehold, another for leasehold under the exact same property. Is it worth asking Platform Home Loans Ltd to clarify?
You should read the Freehold register you have again and check the Charges Register as there may be 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 Summertown and Botley and other locations in the country and poses no real issues for owners other than when they remortgage they have to account for both freehold and leasehold interests when dealing with buyers. You can also question the position with the conveyancing solicitor who conducted the conveyancing.
I've recently found out that there is a flying freehold element on a house I have offered on a fortnight ago in what was supposed to be a quick, no chain conveyancing. Summertown and Botley is where the house is located. Can you offer any guidance?
Flying freeholds in Summertown and Botley are not the norm but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Summertown and Botley 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 Summertown and Botley 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 residence.
Why is New Build conveyancing in Summertown and Botley more costly?
Buying a brand new property is significantly distinct from the normal house purchase conveyancing in Summertown and Botley. Firstly developers ordinarily need contracts to exchange inside a short timeframe, so there is a lot of pressure on your property lawyer to make sure everything is in order. Furthermore new build premises often involve examination of adoption of highways, drains, planning considerations, building warranties or architects certificates. Mortgage lender obligations are also more detailed. Due to the complex nature of the process for these types of properties, the conveyancing new build fees are higher than normal.