It is is a decade since I bought my property in Walthamstow. Conveyancing solicitors have now been appointed on the sale but I am unable to track down the title documents. Will this jeopardise the sale?
You need not be too concerned. Firstly the deeds may be with the lender or they may stored with the lawyers who acted in the purchase. Secondly in most cases 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 solicitors procuring current official copies of the land registers. Most conveyancing in Walthamstow relates to registered property but in the rare situation where your property is not registered it adds to the complexity but is not insurmountable.
Forgive me if this question is silly but I am unseasoned as FTB of a garden flat in Walthamstow. Do I receive the keys to the premises on completion from my lawyer? If so, I will use a High Street conveyancing solicitor in Walthamstow?
On the day of completion you do not need to attend the conveyancers office in Walthamstow. Conveyancing lawyers for you will electronically transfer the completion advance to the owner’s lawyers, and once they have received this, you should be invited to receive the keys from the selling Agents and start moving into the property. This tends to happen between 1 and 3pm.
Last month we had a mortgage agreed in principle with Aldermore. Walthamstow conveyancing solicitors have been chosen. How long does it take for Aldermore to send the offer to the lawyer?
Some lenders take longer than others. Have Aldermore conducted the survey? Have you informed Aldermore as to your lawyers' details and checked that your lawyers are on the Aldermore conveyancing panel? Sometimes it can take as long as six weeks for a mortgage offer to be issued.
Intending to buy a apartment in Walthamstow. I have received an online quote from a licenced conveyancer, which states: "There will be no charge for dealing with the Building Society if you are obtaining a mortgage". I take this to mean that there will be no additional fee if the solicitor is on the Kent Reliance conveyancing panel. I wanted to make sure it means there will be no additional fees for dealing with the mortgage.
They are simply saying that the cost for acting for the lender is included in the fee being quoted. It is worth you checking that the Walthamstow property lawyer is on the Kent Reliance conveyancing panel.
I need some expedited conveyancing in Walthamstow as I am faced with a deadline to complete in less than 2 weeks. Thankfully I do not require a mortgage. Is it possible to escape the need for conveyancing searches to save fees and time?
As you are not taking a home loan you have the choice not to have searches conducted although no lawyer would suggest that you don't. With plenty of history conveyancing in Walthamstow the following are examples of issues that can crop up and therefore impact future mortgageability: Refused Planning Applications, Outstanding Fees, Overdue Grants, Railway Schemes,...
My wife and I have a semi-detached Georgian property in Walthamstow. Conveyancing solicitor acted for me and Alliance & Leicester . I did a free Land Registry search last week and there are a couple of entries: one for freehold, another for leasehold under the matching address. I'd like to know for sure, how can I find out??
You should assess the Freehold register you have again and check the Charges Register as there may be 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 Walthamstow and other areas of the country and poses no real issues for owners other than when they sell they have to account for both freehold and leasehold interests when dealing with mortgage companies. You can also check the situation with your conveyancing solicitor who conducted the purchase.
Why can I not complete my conveyancing in Walthamstow on Easter Monday?
Because on completion the funds will be transferred electronically between the banks of the purchaser and seller's solicitor and at present this can only occur on a working day. So you can't complete on a saturday or sunday either.