We are selling our house in Banbury. Will the solicitor have to be required to be on the Nottingham conveyancing panel in order to deal with paying off my mortgage?
Ordinarily, even if your lawyer is not on the Nottingham conveyancing panel they can still act for you on your sale. It might be that the lender will not release the original deeds (if applicable and increasingly irrelevant) until after the mortgage is paid off. You should speak to your lawyer directly before you start the process though to ensure that there is no problem as lenders are changing their conditions fairly frequently currently.
I note that there are debates on Chancel Insurance on online forums. Do I need chancel insurance when purchasing a residence in Banbury? or Apparently there is a law dating back centuries that means some owners of property living in a parish church boundary may be liable to pay for maintenance to the chancel in proximity to the church. Is this relevant for conveyancing in Banbury?
Unless a prior purchase of the house took place after 12 October 2013 you can assume that lawyers conducting conveyancing in Banbury to remain recommending a chancel search and or chancel repair liability insurance.
The deeds to our home are lost. The solicitors who handled the conveyancing in Banbury 10 years ago are no longer around. What are my options?
You no longer need to have the physical original deeds to prove you are the registered proprietor of land or property, given that the Land Registry hold details of all registered land or property electronically.
I have been on the look out for a ground for flat up to £305k and identified one near me in Banbury I like with open areas and station nearby, the downside is that it's only got 61 years on the lease. There is not much else in Banbury in this price bracket, so just wondered if I would be making a mistake acquiring a lease with such few years left?
Should you need a home loan that many years will be an issue. Reduce the offer by the amount the lease extension will cost if not already taken into account. If the existing owner has owned the property for at least twenty four months you can request that they commence the lease extension formalities and then assign it to you. An additional ninety years can be extended on to the existing lease and have £0 ground rent by law. You should consult your conveyancing lawyer concerning this matter.
I bought a flat in Banbury last 1/12/2023 and to date it is still not registered with HMLR. It is part of a development site and my solicitor told me that it may take over a year to complete the registration formalities. I have contacted HM Land Registry directly and they have informed me the original application was cancelled due to questions not being addressed in time. What can I do?
It is your conveyancer that you really need to get in touch with in order to satisfy any concerns which have been raised as part of the registration process for your Banbury property. Normal Banbury conveyancing practice includes an undertaking on the part of the seller's property lawyer that they will help resolve any requisition raised by HMLR so it may be a case of taking action to enforce that undertaking in some way.