I have just been advised by my broker that my Crawley Down property lawyer is not on the mortgage company Conveyancing panel. What can I do to be certain that this is indeed the case?
The sensible course of action for you to take is to call your Crawley Down lawyer directly. It is reasonable to expect your lawyer to inform you of the situation. If they are not on the panel they could put your in touch with solicitors on the approved list of lawyers for your lender.
I am buying a house for cash in Crawley Down. I have resided for the last 20 years in Crawley Down. Conveyancing searches are a lot of money. As I have knowledge of the area and road very well should I not bother getting the solicitor to do all the conveyancing searches?
If you not getting a mortgage, then all but one or two of the Crawley Down conveyancing searches are at your discretion. Your solicitor will 'advise', perhaps strongly, that you should have searches carried out, but he has a professional duty to take that path of guidance. One thing to bear in mind; if you are going to sell the house one day, it will likely be be of relevance to your prospective purchaser what the searches determine. On occasion premises with no practical issues can still throw up negative search results. A competent conveyancing solicitor in Crawley Down will provide you some practical guidance concerning this.
I am selling my apartment in Crawley Down. Will the need to be on the conveyancing panel in order to deal with the discharge of my mortgage?
Ordinarily, even if your lawyer is not on the conveyancing panel they can still act for you on your sale. It might be that the lender will not release the original deeds (if applicable and increasingly irrelevant) until after the mortgage is paid off. You should speak to your lawyer directly before you start the process though to ensure that there is no problem as lenders are changing their specifications fairly frequently at the moment.
I purchased a terraced Georgian property in Crawley Down. Conveyancing practitioner acted for me and . I happened to do a free search for it on the Land Registry database and there are a couple of entries: the first freehold, another for leasehold with the matching address. I'd like to know for sure, how can I find out??
You need to review the Freehold register you have again and check the Charges Register for 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 Crawley Down and other locations in the country and poses no real issues for owners other than when they remortgage they have to account for both freehold and leasehold interests when dealing with lenders. You can also check the position with the conveyancing practitioner who carried out the work.
I opted to have a survey carried out on a property in Crawley Down ahead of instructing conveyancers. I have been informed that there is a flying freehold aspect to the property. The surveyor advised that some banks may not give a loan on this type of property.
It varies from the lender to lender. Lloyds has different instructions for example to Halifax. Should you wish to call us we can check via the relevant bank. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Crawley Down. Conveyancing will be smoother if you use a solicitor in Crawley Down especially if they are acquainted with such properties in Crawley Down.