It is is a decade since I purchased my property in Thornbury. Conveyancing solicitors have recently been instructed on the sale but I am unable to track down the deeds. Will this cause complications?
You need not be too concerned. First the deeds may be retained by the mortgage company or they could be in the possession of the solicitor who acted in the purchase. Secondly in all probability the title will be recorded at the land registry and you will be able to prove you own the property by your conveyancing solicitors procuring up to date copy of the land registers. The vast majority of conveyancing in Thornbury involves registered property but in the unlikely event that your home is unregistered it is more tricky but is resolvable.
My bid for a property was accepted at auction in Thornbury. Conveyancing is required. What happens now?
Now that you are exchanged you will need to appoint a conveyancing lawyer as a matter of urgency as you are faced with a tight a drop dead date to complete the property. All auction property will ordinarily have an associated legal pack. This will include most,if not all of the documents that your conveyancer requires. In the case of leasehold premises the legal papers should include a copy of the lease, management information and a sellers leasehold information form and other conveyancing documentation pertinent to a leasehold property. You must pass this on to your appointed conveyancing solicitor at the earliest opportunity. You also need to ensure that you have funds in place to complete the transaction on the set completion date.
Are all Thornbury Conveyancing Quality Solicitors on the UBS conveyancing panel?
A selection of lenders now use the accreditation scheme as the starting point for Panel membership such as HSBC and Santander. The Law Society’s CQS membership however gives no guarantee to lender panel acceptance. Nevertheless,the CML have indicated that it is likely to become a pre-requisite for solicitors wishing to remain on their panels.
I currently have a mortgage with Clydesdale for my property in Thornbury. Conveyancing was finalised a year ago. In the event that I decide to rent out the flat and do not currently have a buy-to-let mortgage do I need to remortgage to a BTL mortgage or inform Clydesdale?
Clydesdale must be informed of your intention before renting your property as this is likely to be a breach of Clydesdale’s mortgage conditions. In many cases banks or building societies will permit you to let out your former home without needing to switch to a buy-to-let mortgage but some lenders will add a surcharge to your mortgage rate to reflect the higher risk. You should contact Clydesdale directly. It should not be necessary to do this via a Clydesdale conveyancing panel solicitor.
We are selling our house in Thornbury and the buyers lawyers are claiming that there is a risk of it being constructed land that was not decontaminated. Any high street Thornbury conveyancer would know that there is no such problem. It does beg the question why the buyers instructed an online conveyancing practice rather than a conveyancing solicitor in Thornbury. Having lived in Thornbury for three years we know of no issue. Should we get in touch with our local Authority to get clarification that the buyers are looking for.
It would appear that you have a conveyancing firm already. What do they say? You need to check with your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out life insurance to cover that same sickness)
My wife and I have a renovated Georgian house in Thornbury. Conveyancing solicitor represented me and Britannia. I did a free Land Registry search last week and I saw a couple of entries: the first freehold, the second leasehold under the exact same address. If a house is not a freehold shouldn't I have been informed?
You should review 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 proprietor of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Thornbury and other areas of 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 purchasers. You can also check the situation with your conveyancing lawyer who conducted the purchase.
How does conveyancing in Thornbury differ for newly converted properties?
Most buyers of new build property in Thornbury come to us having been asked by the developer to sign contracts and commit to the purchase even before the residence is constructed. This is because house builders in Thornbury usually purchase the site, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct property lawyers as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are accustomed to new build conveyancing in Thornbury or who has acted in the same development.
Hoping to buy a property located in Thornbury and I am already nervous. I couldn't find anything specific about Thornbury. Conveyancing will be needed in due course but do you know about the Thornbury area? or perhaps some other tips you can share?
Rather than looking online forget looking online you should go and have a look at Thornbury. In the meantime here are some basic statistics that we found