I am purchasing property in Alston. My Conveyancer is not on the bank approved list. Can I still continue with my Alston conveyancing solicitor even though they are excluded from the mortgage company approved list?

One must instruct a conveyancer to deal with the legal work required if you need a mortgage to buy your property. The solicitor will carry out all the essential due diligence on the property, make sure that you’re registered as proprietor and ensure that all the required mortgage paperwork is in order. You could select a Alston property lawyer of your choosing. However, where the lawyer appointed is not on the mortgage company approved list supplemental charges will be incurred as separate legal representation will be required by them. Bank panel applications can be submitted, so provided your conveyancer has not previously sought membership they can do so.

Completed the sale of my flat in Alston last May but the buyer keeps calling daily to say his lawyer is waiting to hear from mysolicitor. What should my lawyer have done following completion?

Post completion of your house sale your lawyer is committed to send the transfer documentation and all additional paperwork to the purchaser's lawyers. Depending on the transaction, your solicitor should also evidence that the mortgage has been paid off to the purchasers lawyers. There is unlikely to be post completion procedures unique to conveyancing in Alston.

I require fast conveyancing in Alston as I am faced with pressure to sign on the dotted line within one month. Luckily I do not need a mortgage. Can I escape the need for conveyancing searches to save money and time?

As you are are a mortgage free buyer you are at liberty not to have searches carried out although no conveyancer would suggest that you don't. Drawing on our experience of conveyancing in Alston the following are instances of what can appear and adversely affect future mortgageability: Refused Planning Applications, Overdue Fees, Outstanding Grants, Railway Schemes,...

Despite weeks of looking the Title Certificate and documents to my house can not be found. The lawyers who handled the conveyancing in Alston 10 years ago have long since closed. What do I do?

You no longer need to hold title official documentation to establish that you own the land or property, as the Land Registry have everything they need in a digital format.

I am attracted to a couple of flats in Alston which have about 50 years unexpired on the leases. Will this present a problem?

There are plenty of short leases in Alston. The lease is a legal document that entitles you to use the property for a period of time. As the lease gets shorter the saleability of the lease reduces and results in it becoming more costly to extend the lease. This is why it is advisable to extend the lease term. More often than not it is difficult to sell a property with a short lease as mortgage companies may be unwilling to lend money on such properties. Lease extension can be a difficult process. We advise that you seek professional assistance from a conveyancer and surveyor with experience in this field.

Leasehold Conveyancing in Alston - A selection of Queries before Purchasing

Its a good idea to find out as much as possible about the managing agents as they can either make your life much easier or uncomfortable. Being a leasehold owner you are frequently at the mercy of the managing agents both financially and when it comes to day to day issues such as the cleanliness of the common parts. Enquire of prospective neighbours if they are happy with them. On a final note, find out the dates that you are obliged pay the maintenance charge to the relevant party and precisely what it includes. The prefered form of lease structure is a share of the freehold. In this situation the tenants have being in charge if their destiny and even though a managing agent is usually employed where the building is larger than a house conversion, the managing agent employed by the leaseholders.