It has come to my attention via my mortgage adviser that my Paignton solicitor is not on the bank Solicitor panel. How can I check?
Your first step should be to contact your Paignton lawyer directly. It is reasonable to expect your lawyer to advise you what has happened. Where they are not on the panel they could put your in touch with solicitors on the conveyancing panel for your lender.
We are a couple about to exchange contracts for a garden flat in Paignton. We have hit a problem. The loan offer with Santander runs out on 22/12/2025 but the vendors are insisting on a completion date of 24/12/2025. Can one prolong the mortgage offer?
The person best placed to address this concern is your conveyancer who should calculate if they should be discussing with the lender, vendor’s conveyancers, selling agents or conceivably all parties based on what has happend in your conveyancing as of today.
Can your site be used to locate a Conveyancing solicitor in Paignton even where I’m not buying or selling a house, for instance where I wish to acquire an office in Paignton with a mortgage from Leeds Building Society?
Our search tool is predominantly used to help choose residential conveyancing solicitors in Paignton but we have recorded towards the bottom of this page a selection of Paignton commercial conveyancing firms. You will need to speak with the firm directly to check if they are also authorised to represent Leeds Building Society
Will our conveyancer be making enquiries about flooding as part of the conveyancing in Paignton.
The risk of flooding is if increasing concern for lawyers specialising in conveyancing in Paignton. Some people will buy a house in Paignton, completely aware that at some time, it may suffer from flooding. However, leaving to one side the physical damage, where a house is at risk of flooding, it may be difficult to get a mortgage, satisfactory insurance cover, or dispose of the property. Steps can be carried out during the course of a property purchase to forewarn the buyer.
Lawyers are not best placed to impart advice on flood risk, but there are a numerous checks that may be initiated by the purchaser or by their conveyancers which can figure out the risks in Paignton. The conventional set of property information forms supplied to a buyer’s lawyer (where the Conveyancing Protocol is adopted) includes a usual question of the seller to find out whether the property has suffered from flooding. If flooding has previously occurred which is not notified by the seller, then a buyer may issue a claim for damages stemming from an incorrect response. The purchaser’s conveyancers may also carry out an environmental search. This will indicate whether there is a recorded flood risk. If so, additional inquiries will need to be conducted.
2 months have elapsed following my purchase conveyancing in Paignton took place. I have checked the Land Registry website which shows that I paid £200,000 when infact I paid £160,000. 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.
I am hoping to exchange soon on a basement flat in Paignton. Conveyancing solicitors assured me that they report fully tomorrow. What should I be looking out for?
Your report on title for your leasehold conveyancing in Paignton should include some of the following:
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Changes to the flat Details of the parties to the lease, e.g. these could be the leaseholder, head lessor, freeholder Responsibility to repair and maintain the main walls and foundations. It is essential for you to know who is liable for the repair and maintenance of all parts of the block and communal areas Does the lease require carpeting throughout thus preventing wood flooring? Whether your lease has a provision for a reserve account for major works?
I purchased a 1 bedroom flat in Paignton, conveyancing formalities finalised 4 years ago. Can you please calculate a probable premium for a statutory lease extension? Similar flats in Paignton with a long lease are worth £176,000. The average or mid-range amount of ground rent is £50 invoiced every year. The lease finishes on 21st October 2105
With just 80 years unexpired the likely cost is going to range between £8,600 and £9,800 as well as plus your own and the landlord's "reasonable" professional fees.
The figure above a general guide to costs for extending a lease, but we cannot give you the actual costs without more detailed investigations. Do not use this information in a Notice of Claim or as an informal offer. There are no doubt other concerns that need to be taken into account and you obviously want to be as accurate as possible in your negotiations. Neither should you take any other action based on this information before seeking the advice of a professional.