I am purchasing a property without a mortgage in Wootton. I have resided for the last 15 years in Wootton. Conveyancing searches are a lot of money. Given that I have knowledge of the area and road intimately should I not bother getting the solicitor to do all the conveyancing searches?
In the absence of a home loan, then almost all of the Wootton conveyancing searches are at your discretion. Your solicitor will ’encourage you, perhaps strongly, that you should have searches carried out, but she has a professional duty to do this. Do take into account; if you are likely to dispose of the house in the future, it may be of relevance to your prospective buyer what the searches reveal. There are plenty of instances where houses with no practical issues can still reveal unexpected search results. A competent conveyancing solicitor in Wootton should be able to give you some practical guidance concerning this.
It is 10 years ago since I purchased my house in Wootton. Conveyancing solicitors have now been retained on the sale but I can't locate my title deeds. Is this a problem?
You need not be too concerned. Firstly the deeds may be retained by the lender or they may be in the possession of the lawyers who handled the purchase. Secondly the likelihood is that the land will be registered at the land registry and you will be able to prove you are the registered owner by your conveyancing solicitors acquiring up to date copy of the land registers. Nearly all conveyancing in Wootton involves registered property but in the rare situation where your property is unregistered it is more of a problem but is resolvable.
There is lots of here regarding conveyancing in Wootton but what is your top tip for finding the right conveyancer in Wootton
We would encourage you not to base your choice on the cheapest Wootton conveyancing costs illustration. You really do get what you pay for when it comes to property lawyers. A cheap quote may mean that the conveyancing solicitor is handling a lot of jobs at one time and you won’t get the quality of service and the attention that you need. It is, however, wise to use a conveyancer who has a fixed fee on a no sale, no fee basis. This way, you know exactly what you’ll have to pay in ahead of the deal.
I have instructed a Wootton conveyancing practitioner having checked that they are on the Kent Reliance conveyancing panel. Does my lawyer arrange the survey of the property?
Kent Reliance will need an independent valuation of the property. Your lawyer will not arrange this. Usually Kent Reliance will appoint their own surveyor to do this, and you will have to pay for it. Remember that this is a valuation for mortgage purposes and not a survey. Your solicitor will not organise the survey but they may be able to put you in touch with a local one that they recommend. RICS offers a find a surveyor service (just google it) where you can search for a qualified surveyor by your Wootton postcode. As you are getting a mortgage with Kent Reliance, you could contact them to see if they have a list of approved surveyors in Wootton.
Bank of Ireland have agreed my home loan in principle, my offer on a apartment in Wootton has been accepted, now what?
The estate agent will need to know who your solicitors are (make sure the solicitors are on the bank’s approved list). Contact Bank of Ireland or your broker and finalise any relevant documentation. Bank of Ireland will appoint a valuer who will get in contact with the estate agent or seller to book an appointment. Once carried out (assuming no problems) it takes on average ten days to receive the mortgage offer. Bank of Ireland will issue the offer to you and your solicitors. The transaction will then take it’s course according the nature and complexity of the conveyancing in Wootton.
Yesterday I discovered that there is a flying freehold issue on a property I have offered on two weeks back in what should have been a simple, chain free conveyancing. Wootton is the location of the property. What do you suggest?
Flying freeholds in Wootton are rare but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Wootton you must be sure that your lawyer goes through the deeds diligently. Your mortgage company may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Wootton may decide 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.
I need to instruct a conveyancing lawyer in Wootton for my purchase. Is it possible to check a firm’s complaints history with the profession’s regulator?
One may read presented Solicitor Regulator Association (SRA) determinations arising from inquisitions started on or after Jan 2008. Visit Check a solicitor's record. For records about the period before 1 January 2008, or to check a firm's history, phone 0870 606 2555, 08.00 - 18.00 Monday, Wednesday, Thursday, Friday and 09.30 - 18.00 Tuesday. For callers outside the UK, dial +44 (0)121 329 6800. The regulator may monitor telephone calls for training reasons.