It is is a decade since I purchased my home in Marsden. Conveyancing lawyers have just been retained on the sale but I am unable to track down the title deeds. Is this a problem?
You need not be too concerned. First there is a possibility that the deeds will be kept by the mortgage company or they could still be with the conveyancers who acted in the purchase. Secondly in most cases the land will be recorded at the land registry and you will be able to prove you are the registered owner by your conveyancing solicitors procuring up to date copy of the land registers. Almost all conveyancing in Marsden relates to registered property but in the rare situation where your property is not registered it is more tricky but is not insurmountable.
It has been 4 months since my purchase conveyancing in Marsden concluded. I have checked the Land Registry website which shows that I paid £150,000 when infact I paid £180,000. 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.
Due to the advice of my in-laws I had a survey completed on a property in Marsden before instructing lawyers. I have been informed that there is a flying freehold element to the property. Our surveyor has said that some banks may refuse to grant a mortgage on such a premises.
It depends who your proposed lender is. Lloyds has different requirements for example to Birmingham Midshires. Should you wish to call us we can check via the relevant mortgage company. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Marsden. Conveyancing may be slightly more expensive based on your lender's requirements.
Given that I am about to part with hundreds of thousands of pounds on a house in Marsden I wish to have a conversation with the solicitor regarding thehouse move in advance of instructing the firm. Can this be arranged?
Absolutely - we would be happy to talk to you we do not take any clients on without you first talking to the solicitor due to be conducting your property ownership legalities in Marsden.There is no ‘factory style conveyancing’ - each client is unique individual, not a case number. The solicitors that we put you in touch with believe that the fees you are calculated and presented to you for residential conveyancing in Marsden should be the figure that you are charged.
Is there a reason that Marsden conveyancing fees differ for leasehold and freehold properties?
Inevitably there is increased work necessary for leasehold conveyancing. Marsden has many leasehold properties. There is more paperwork involved in the purchase: for example, the lease and leasehold information (including current service charge, ground rent and buildings insurance details) obtained from the freeholder or managing agents. There are strict criteria that the lease must meet in order to be acceptable to a mortgage company. If it does not meet these requirements, the lease must be amended, which can involve additional expense for the seller.