It is is a decade since I bought my house in Corfe Mullen. Conveyancing lawyers have now been retained on the sale but I am unable to track down my deeds. Is this a major issue?
You need not be too concerned. Firstly the deeds may be with the mortgage company or they may be in the possession of the lawyers who acted in the purchase. Secondly the likelihood is that the property will be registered at the land registry and you will be able to prove you are the registered owner by your conveyancing solicitors acquiring current official copies of the land registers. Almost all conveyancing in Corfe Mullen involves registered property but in the rare situation where your property is not registered it is more tricky but is not insurmountable.
I am the single beneficiary of my late mum's will with all property in now in my sole name, including the my former home in Corfe Mullen. Conveyancing formalities meant that the Land Registry date was in . I plan to dispose of the property. I do know about the CML 6 month 'rule', which means that my property ownership could be considered the same way as if I'd bought the house in . Will no one buy the property for half a year?
The Council of Mortgage Lenders’ handbook requires solicitors to: "report to us immediately if the owner or registered proprietor has been registered for less than six months." By the strict wording you might be affected by that. Some banks would take a pragmatic view as this obligation is principally there to capture the purchase and immediately sell or the wholesaling and assigning of property.
When it comes to mortgage companies such as , do Corfe Mullen have to pay a fee to be on the conveyancing panel?
We are unaware of any lender fees to register on their list of approved firms, although some do levy an administration fee to deal with the processing of the conveyancing panel application.
is it true that all Corfe Mullen solicitor firms on the conveyancing panel are overseen by the SRA?
As a firm of solicitors, in order to be on the approved list of solicitors they would need to be regulated by the Solicitors Regulatory Authority. Some lenders do permit licenced conveyancers on their panel and in such a situation the organisation would be governed by the Council of Licensed Conveyancers.
We are close to exchanging contracts on the sale of our house in Corfe Mullen and according to the buyers it appears that there is a risk of it being constructed land that was not decontaminated. A local lawyer would know this is not the case. For the life of me I don't know why the purchasers instructed a web based conveyancing firm as opposed to a conveyancing solicitor in Corfe Mullen. Having lived in Corfe Mullen for three years we know that this is a non issue. Do we get in touch with our local Authority to get clarification need.
It would appear that you have a conveyancing lawyer currently acting for you. Are they able to advise? You should check with your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out life insurance to cover that same illness)
Despite weeks of looking the Title Certificate and documents to my house are lost. The lawyers who dealt with the conveyancing in Corfe Mullen 10 years ago no longer exist. What are my next steps?
In today’s world there are copies made of almost everything, and your solicitor will be aware precisely where to look for all the suitable paperwork so you may buy or sell your house without any difficulty. Where copies are not available, your lawyer may be able to put in place insurance or indemnities protecting you against future claims on your premises.
I've recently found out that there is a flying freehold issue on a house I put an offer in a fortnight ago in what should have been a simple, chain free conveyancing. Corfe Mullen is where the house is located. Can you offer any advice?
Flying freeholds in Corfe Mullen are rare but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Corfe Mullen you would need to get your solicitor to go through the deeds very carefully. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Corfe Mullen may ascertain 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 residence.