It is is a decade since I acquired my house in East Croydon. Conveyancing lawyers have recently been instructed on the sale but I am unable to track down the deeds. Will this jeopardise the sale?
Don’t worry too much. Firstly the deeds may be with the mortgage company or they could be in the possession of the lawyers who acted in the purchase. Secondly the chances are that the land will be registered at the land registry and you will be able to establish that you are the registered owner by your conveyancing lawyers procuring up to date copy of the land registers. The vast majority of conveyancing in East Croydon involves registered property but in the unlikely event that your property is unregistered it adds to the complexity but is resolvable.
I require fast conveyancing in East Croydon as I am under pressure to sign on the dotted line inside one month. Luckily I do not require a mortgage. Can I decline from having conveyancing searches to save fees and time?
If.Given you are not getting a home loan you are at free not to have searches carried out although no solicitor would suggest that you don't. With lots of history conveyancing in East Croydon the following are instances of issues that can arise and adversely impact future saleability: Refused Planning Applications, Outstanding Fees, Overdue Grants, Railway Schemes,...
Have completed on a a detached house in East Croydon , how long should it take for the Land Registry to deal with the formalities evidencing my proprietorship? My East Croydon conveyancing solicitor works at snail pace, so I want to check the registration is dealt with.
There is nothing unique when it comes to conveyancing in East Croydon registration formalities. As opposed to being determined by geographic area, timeframes can adjust according to who lodges the application, whether it is in order and whether the Land registry must send notices to any 3rd parties. As of today roughly 80% of submission are completed in less than three weeks but some can be subject to longer hold-ups. Historically registration takes place after the buyer has moved in to the premises thus 'speed' is not always primary concern yet where there is a degree of urgency associated with the registration then you or your solicitor can speak with the land registry and explain the circumstances.
How does conveyancing in East Croydon differ for new build properties?
Most buyers of new build or newly converted property in East Croydon contact us having been asked by the developer to sign contracts and commit to the purchase even before the property is ready to move into. This is because developers in East Croydon usually buy 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 used to new build conveyancing in East Croydon or who has acted in the same development.
I've recently found out that there is a flying freehold issue on a property I have offered on last month in what should have been a quick, no chain conveyancing. East Croydon is where the house is located. What do you suggest?
Flying freeholds in East Croydon are not the norm but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in East Croydon you would need to get your solicitor to go through the deeds thoroughly. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in East Croydon 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.