Much to our surprise we have been notified by our broker that my Marchington property lawyer is not on the lender Solicitor panel. What can I do to be certain if this is indeed the case?
Your first step should be to call your Marchington lawyer directly. It is reasonable to expect your lawyer to inform you what has happened. If they are not on the panel they could put your in touch with solicitors on the approved list of lawyers for your bank.
It is 10 years ago since I acquired my house in Marchington. Conveyancing lawyers have now been appointed on the sale but I can't track down my deeds. Will this cause complications?
You need not be too concerned. First there is a chance that the deeds will be kept by the mortgage company or they could still be with the lawyers who acted in your purchase. Secondly the chances are that the land will be recorded at the land registry and you will be able to establish that you own the property by your conveyancing lawyers procuring current official copies of the land registers. Almost all conveyancing in Marchington relates to registered property but in the rare situation where your property is not registered it adds to the complexity but is not insurmountable.
2 months have gone by since my purchase conveyancing in Marchington completed. I have checked the Land Registry website which shows that I paid £175,000 when infact I paid £170,000. 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 premises 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.
Yesterday I discovered that there is a flying freehold element on a property I have offered on last month in what should have been a simple, chain free conveyancing. Marchington is the location of the property. What do you suggest?
Flying freeholds in Marchington are unusual but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Marchington you must be sure that your lawyer goes through the deeds thoroughly. Your lender may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Marchington 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 premises.
A couple of months ago I was informed by my mortgage company that their panel conveyancers operate no completion no fee basis for conveyancing in Marchington. I had a purchase fall through nevertheless the conveyancers have requested search fees! They are stating that the fees are independent!
in offering "no move no fee" Marchington conveyancing practices are writing off their fees for any work conducted. We should point out that this is not to be regarded as an insurance scheme. you will still need to cover any charges that your solicitor has incurred on your behalf for instance Marchington local authority checks