Can you help? My Honiton lawyer is advising me that he has toorder Honiton conveyancing searches becausethe firm are on the HSBCconveyancing panel. Is this really necessary?
You have limited options available to you. Given that you are taking out a loan with a lender your solicitor has to comply with their conditions as set out in their version of the CML Conveyancing Handbook. Your conveyancer would have previously signed the Terms and Conditions of your bank’s conveyancing panel appointment which obliges them to follow the Council of Mortgage Lenders’ Handbook requirements . Even if you were a cash buyer you would be ill advised not to carry out Honiton conveyancing searches.
Do I find a Licenced Conveyancer or Solicitor for conveyancing in Honiton?
Two types of professional can do conveyancing in Honiton namely licenced conveyancers or solicitors. Both professionals provide the legal services that required to complete the sale or acquisition of property. Both are required to execute Honiton conveyancing on similar quality and guidelines so you can be safe in the knowledge that your conveyancing will be professionally administered and that all requirements and steps will be accurately adhered to.
My fiancee and I are spending time viewing apartments in Honiton and I am about to put in an offer. Is it sensible to have a solicitor on ‘stand by’? I am planning to take a home loan with Principality.
It would be prudent to commence your search sooner rather than later. After you have chosen your lawyer and once your offer is accepted you can instruct them to work for you and pass their details on to the estate agent. Given that you are taking out a mortgage with Principality, make sure you remember to check that your lawyer is on the Principality conveyancing panel.
I had an offer accepted on a house in Honiton on 29/8/2025, valuation was booked 4 days later, all came back fine. Conveyancer appointed, so the only thing outstanding was my mortgage offer. Having made daily calls to Yorkshire BS and chasing them on my offer, I have now been told that my offer will not be issued unless the lawyer is on the Yorkshire BS conveyancing panel. Are Yorkshire BS entitled to hold back the Mortgage pending the lawyer being on the approved list?
Mortgage companies tend not to not issue an offer until they have details of a lawyer on their panel. It can take a few weeks for Yorkshire BS to deal with your lawyer's application to be on the Yorkshire BS conveyancing panel. There's no guarantee that your solicitor will be accepted.
My colleague recommended that where I am purchasing in Honiton I should carry out a Neighbourhood, Planning and Local Amenity Search. What does it cover?
A search of this type is usually quoted for as part of the standard Honiton conveyancing searches. It is not a small document of more than thirty pages, listing and setting out significant information about Honiton around the property and the people living there. It incorporates an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the local Housing Market, Council Tax Banding, the demographics of People living in the area, the dominant type of Housing, the Average House Prices, Crime statistics, Local Education with maps and statistics, Local Amenities and other useful information concerning Honiton.
How do I use the search facility to choose a conveyancing solicitor in Honiton on the authorised to act for my mortgage?
1st pick a lender such as Lloyds TSB Bank, Virgin Money or Godiva Mortgages Ltd then choose your preferred area a common one being Honiton. Conveyancing organisations in Honiton and nationally will then be shown.
I only have 68 years unexpired on my flat in Honiton. I am keen to extend my lease but my freeholder is can not be found. What options are available to me?
On the basis that you meet the appropriate requirements, under the Leasehold Reform, Housing and Urban Development Act 1993 you can submit an application to the County Court for for permission to dispense with the service of the initial notice. This will enable the lease to be lengthened by the Court. You will be obliged to demonstrate that you or your lawyers have used your best endeavours to locate the landlord. In some cases a specialist may be useful to try and locate and prepare an expert document to be used as evidence that the landlord can not be located. It is advisable to get professional help from a conveyancer in relation to proving the landlord’s disappearance and the vesting order request to the County Court overseeing Honiton.
I inherited a studio flat in Honiton, conveyancing having been completed in 2006. Can you please calculate a probable premium for a statutory lease extension? Equivalent properties in Honiton with an extended lease are worth £202,000. The average or mid-range amount of ground rent is £55 levied per year. The lease terminates on 21st October 2081
You have 56 years left to run we estimate the price of your lease extension to be between £29,500 and £34,000 as well as legals.
The suggested premium range that we have given is a general guide to costs for renewing a lease, but we cannot give you a more accurate figure without more comprehensive due diligence. You should not use the figures in a Notice of Claim or as an informal offer. There may be other issues that need to be taken into account and clearly you should be as accurate as possible in your negotiations. You should not move forward placing reliance on this information before seeking the advice of a professional.
I am just shy of a 10% deposit on my house purchase in Honiton , but I am anxious exchange. What can I do?
One option is to try and agree a lesser deposit. Many vendors will agree to a lesser deposit or even no deposit for a first time buyer or 100% mortgage. Be aware though that if you fail to complete you will still need to hand over a minimum of 10% of the purchase price regardless of how much deposit was agreed.
You can also agree a simultaneous exchange and completion as no deposit is required for this however neither party will be tied in until completion actually takes place and it can be risky if sellers change their mind at the last second