It has come to my attention via my financial adviser that my Seascale and Sellafield property lawyer is not on the lender Conveyancing panel. What can I do to be certain whether this is indeed the case?
The first thing you need to do is to contact your Seascale and Sellafield lawyer directly. It is reasonable to expect your lawyer to advise you of the situation. If they are not on the panel they may recommend you to a Seascale and Sellafield conveyancing firm that is on the approved list of lawyers for your lender.
We note that you have a post code search directory identifying firms on the Leeds Building Society conveyancing panel. Do companies pay you a commission if I retain them for our own conveyancing in Seascale and Sellafield?
We are a listing service only for law firms wishing to communicate if they are on the Leeds Building Society conveyancing panel or other lender panels. We do not charge referral fees to any conveyancer that you subsequently appoint for your conveyancing in Seascale and Sellafield.
Me and my brother purchased a renovated Edwardian property in Seascale and Sellafield. Conveyancing solicitor acted for me and Barclays Direct. I happened to do a free search for it on the Land Registry database and I saw two entries: one for freehold, the second leasehold under the exact same address. If a house is not a freehold shouldn't I have been informed?
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 Seascale and Sellafield and other locations in the country and poses no real issues for owners other than when they sell they have to account for both freehold and leasehold interests when dealing with lenders. You can also enquire as to the situation with the conveyancing lawyer who conducted the conveyancing.
How does conveyancing in Seascale and Sellafield differ for new build properties?
Most buyers of new build premises in Seascale and Sellafield contact us having been asked by the housebuilder to exchange contracts and commit to the purchase even before the premises is finished. This is because new home sellers in Seascale and Sellafield tend to purchase the site, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct property lawyers as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are accustomed to new build conveyancing in Seascale and Sellafield or who has acted in the same development.
I've recently found out that there is a flying freehold issue on a house I have offered on last month in what was supposed to be a simple, no chain conveyancing. Seascale and Sellafield is the location of the property. Can you shed any light on this issue?
Flying freeholds in Seascale and Sellafield are unusual but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Seascale and Sellafield you must be sure that your lawyer goes through the deeds thoroughly. Your mortgage company may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Seascale and Sellafield may determine 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.