It is 10 years ago since I purchased my home in Llanbedrgoch. Conveyancing solicitors have now been appointed on the sale but I am unable to track down my title deeds. Is this a major issue?
Don’t worry too much. First the deeds may be with the lender or they may stored with the solicitor who oversaw the purchase. Secondly in all probability the land will be registered at the land registry and you will be able to establish that you are the registered owner by your conveyancing solicitors acquiring up to date copy of the land registers. The vast majority of conveyancing in Llanbedrgoch relates to registered property but in the rare situation where your property is unregistered it is more problematic but is resolvable.
How does conveyancing in Llanbedrgoch differ for new build properties?
Most buyers of new build premises in Llanbedrgoch come to us having been asked by the housebuilder to exchange contracts and commit to the purchase even before the premises is built. This is because house builders in Llanbedrgoch usually acquire 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 conveyancing solicitors 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 Llanbedrgoch or who has acted in the same development.
Do I need to be wary by estate agents that I am dealing with are encouraging me to use a factory type conveyancing firm as opposed to a local Llanbedrgoch conveyancing company?
As is the case with lots of professional services, often input from relatives can be extremely useful or valuable. Yet there are numerous parties with a vested interest in a conveyancing matter; estate agents, mortgage brokers and mortgage companies might all recommend lawyers to use. Sometimes these conveyancers might be known to one of the organisations as experts in their field, but sometimes there is an underlying commercial relationship behind the recommendation. You are free to select your own conveyancer. You need to be aware that the majority of mortgage providers specify a panel list of law firms you must use for the mortgage related work in your house move.