My IFA has requested my Colsterworth law firm’s panel reference for the Nat West conveyancing panel. What is the best way to find this out. I have tried my local Colsterworth branch but they have not got back to me yet.
Have you tried calling your Colsterworth conveyancer about this?. They retain a central record lender panel numbers.
It is a dozen years since I purchased my home in Colsterworth. Conveyancing solicitors have just been appointed on the sale but I am unable to find the 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 the mortgage company or they may be archived with the conveyancers who handled the purchase. Secondly in all probability the title will be recorded at the land registry and you will be able to establish that you are the registered owner by your conveyancing lawyers procuring current official copies of the land registers. Nearly all conveyancing in Colsterworth involves registered property but in the unlikely event that your home is not registered it adds to the complexity but is resolvable.
I need some expedited conveyancing in Colsterworth as I have an ultimatum to exchange contracts inside one month. A home loan is not required. Is it possible to escape the need for conveyancing searches to save money and time?
As you are not getting a home loan you are at free not to do searches although no lawyer would suggest that you don't. Drawing on years of experience of conveyancing in Colsterworth the following are examples of what can show up and therefore impact the marketability of the property: Enforcement Notices, Outstanding Charges, Overdue Grants, Railway Schemes,...
4 months have elapsed following my purchase conveyancing in Colsterworth completed. I have checked the Land Registry site which shows that I paid £150,000 when infact I paid £215,000. Why the discrepancy?
The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the property from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.
I've recently found out that there is a flying freehold element on a house I have offered on two weeks back in what was supposed to be a simple, chain free conveyancing. Colsterworth is where the house is located. What do you suggest?
Flying freeholds in Colsterworth are unusual but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Colsterworth you would need to get your solicitor to go through the deeds very carefully. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Colsterworth 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 property.