It is a dozen years since I purchased my house in Truro. Conveyancing solicitors have just been retained on the sale but I can't find my title deeds. Is this a major issue?
Don’t worry too much. First the deeds may be retained by your lender or they could stored with the conveyancers who acted in the purchase. Secondly in most cases the property will be registered at the land registry and you will be able to establish that you are the registered owner by your conveyancing lawyers obtaining current official copies of the land registers. Almost all conveyancing in Truro relates to registered property but in the rare situation where your home is unregistered it is more problematic but is not insurmountable.
How do I discover of the solicitor carrying out my conveyancing in Truro is on the bank’sconveyancing panel? I am looking to avoid the situation of having one lawyer for me and one for Leeds Building Society thus spending £175.00 in further conveyancing invoice.
Feel free to make the most of the search tool on this web page. Pick the lender and type ‘Truro’ or your preferred area and you will discover a number of lawyer located in Truro or by proximity to you.
My wife and I purchased a terraced Edwardian property in Truro. Conveyancing solicitor acted for me and The Mortgage Works. I happened to do a free search for it on the Land Registry database and there are a couple of entries: one for freehold, the second leasehold with the exact same address. I thought I was buying a freehold how can I check?
You need to read 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 owner of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Truro and other locations in the country and poses no real issues for owners other than when they mortgage they have to account for both freehold and leasehold interests when dealing with mortgage companies. You can also check the position with the conveyancing practitioner who conducted the purchase.
I opted to have a survey carried out on a property in Truro in advance of appointing conveyancers. I have been told that there is a flying freehold element to the house. Our surveyor advised that some mortgage companies tend not grant a loan on a flying freehold home.
It depends who your proposed lender is. Lloyds has different requirements for example to Halifax. Should you wish to call us we can look into this further via the appropriate bank. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Truro. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Truro to see if the conveyancing will be more expensive.
Estate agents have just been given the go-ahead to market my basement apartment in Truro.Conveyancing lawyers have not yet been instructed however I have recently had a yearly maintenance charge demand – should I leave it to the buyer to sort out?
Your conveyancing lawyer is likely to suggest that you should pay the invoice as you normally would as all rents and service payments should be apportionedon completion, so you will be reimbursed by the purchaser for the period running from after the completion date to the subsequent invoice date. Most management companies will not acknowledge the buyer until the service charges have been paid and are up to date so it is important for both buyer and seller for the seller to show that they are up to date. Having a clear account will assist your cause and will leave you no worse off financially