It is 10 years ago since I acquired my house in Thorne. Conveyancing lawyers have recently been instructed on the sale but I can't find the deeds. Is this a problem?
Don’t worry too much. First there is a possibility that the deeds will be retained by your mortgage company or they may be archived with the solicitor who acted in your purchase. Secondly in most cases the title will be recorded at the land registry and you will be able to establish that you are the registered owner by your conveyancing lawyers acquiring up to date copy of the land registers. Almost all conveyancing in Thorne relates to registered property but in the rare situation where your property is unregistered it adds to the complexity but is not insurmountable.
How does conveyancing in Thorne differ for newly converted properties?
Most buyers of new build property in Thorne contact us having been asked by the seller to sign contracts and commit to the purchase even before the residence is completed. This is because builders in Thorne typically acquire the real estate, 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 conveyancers 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 Thorne or who has acted in the same development.
I decided to have a survey done on a house in Thorne prior to appointing conveyancers. I have been informed that there is a flying freehold element to the property. The surveyor advised that some mortgage companies will not grant a loan on a flying freehold premises.
It depends who your proposed lender is. Santander has different instructions for example to Birmingham Midshires. If you e-mail us we can check with the appropriate mortgage company. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Thorne. Conveyancing will be smoother if you use a solicitor in Thorne especially if they are acquainted with such properties in Thorne.
Are there any apps to help locate a Thorne solicitor on the Santander conveyancing panel? I am a keen cyclist and am prepared to travel upto 10miles to meet the lawyer.
You can use the search on this page. Please select a bank and your location and you will see a number of Thorne conveyancing lawyers located nearest you. We have listed some Thorne conveyancing firms towards the end of this page and you can contact them to see whether they are on the Santander approved list
Our solicitor in Thorne has informed me that he requires ID documents stating that this forms part of his obligations as a conveyancer on the mortgage company Solicitor panel. Am I being spun a yarn?
Due to Money Laundering Regulations your conveyancing lawyer is duty bound to confirm positively your identification when entering into a business relationship with you. It is a criminal offence if your lawyer not do this. If you do not provide ID early in the transaction the solicitor must refuse to act for you. It’s unlikely a lawyer will turn you away if you come to the first meeting without relevant ID but you will have to produce it at some point so you might as well bring it with you to the initial meeting so the lawyer can tick the ID verification box and start sorting out the conveyancing straight away. If you are getting a mortgage, your lawyer also has to check ID documents to satisfy the mortgage company. This is not specific to conveyancing in Thorne