Why is leasehold purchase conveyancing in Salcombe is more expensive?
Salcombe leasehold properties involve far more paperwork than a freehold purchase, and therefore takes more time to examine and advise upon.Conveyancing will involve the lease having to be checked which is usually a lengthy document, queries raised to ensure that the covenants and conditions have been observed. If it is a flat there will be a management company in existence and the accounts of this will need to be checked and enquiries raised to ensure it is operating efficiently and that all monies due have been paid by the Seller to the company and if not ensuring that money is paid up to date or the appropriate undertakings obtained.
What is the difference between a licensed conveyancer and conveyancing solicitor in Salcombe
There are many registered licenced Conveyancers in Salcombe and Solicitor firms in Salcombe who provide Conveyancing services It is important to make clear that both are regulated professionals specialising in the legal work in transferring property. Both can deal with other property legal work such as remortgage conveyancing, enfranchisement and transfer of equity conveyancing.
Have just purchased a probate house at auction in Salcombe. Conveyancing is needed. What happens now?
Given that you are now to in every practical sense signed on the dotted line you will need to find a conveyancing practitioner soon as you now have a fast approaching deadline in which to complete the deal. An auction property will ordinarily have a bespoke legal set of papers. This should include evidence of title and search results. If you have purchased leasehold property the legal pack may contain a copy of the lease, management information and a sellers leasehold information form and associated conveyancing paperwork relating to a leasehold property. You should give this to the lawyer instructed by you at the earliest opportunity. Do make sure that you have funds organised to complete the transaction on the set completion date.
My wife and I are spending time looking at apartments in Salcombe and I am about to put in an offer. Should I already have a solicitor appointed at this point? I intend to finance via a home loan with Nottingham.
It would be advisable to start your search sooner rather than later. Once you decide who you want to use and once your offer is accepted you can instruct them to work for you and forward their contact information on to the EA. As you are getting a mortgage with Nottingham, ask your prospective lawyers if they are on the Nottingham conveyancing panel otherwise they can't do the mortgage legal work.
We are downsizing from our house in Salcombe and according to the buyers it appears that there is a possibility that the property was constructed on contaminated land. A local lawyer would know this is not the case. It does beg the question why the buyers used a factory type conveyancing practice rather than a conveyancing solicitor in Salcombe. Having lived in Salcombe for 4 years we know that this is a non issue. Should we contact our local Authority to seek clarification that the buyers are looking for.
It sounds as though you may have a conveyancing solicitor already. What do they say? You must check with your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out life insurance to cover that same sickness)
It has been five months since my purchase conveyancing in Salcombe completed. I have checked the Land Registry site which shows that I paid £150,000 when infact I paid £170,000. 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 property 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.
What tools are available to search for a Salcombe solicitor on the Britannia conveyancing panel? I drive a motor bike and am prepared to travel upto 25miles to meet the solicitor.
You can use the tool on this website. Please choose the bank and your location and you will see a number of Salcombe conveyancing lawyers locally. We have detailed some Salcombe conveyancing firms towards the end of this page and you can call them to check whether they are on the Britannia member panel
My uncle completed his conveyancing in Salcombe 9 years ago. He has got married, widowed and in recent months got married again. He now wishes to dispose of the Salcombe property. I think he will simply be requested to provide a copy of the marriage certificates to the lawyer but he is anxious it will frustrate the home move. Is it worth updating the Land Registry information for the house?
It is not absolutely necessary to update the register as long as you have the proof required to demonstrate how the name change resulted.
The buyer’s solicitor should check the title entries and require evidence to establish the change of name for example marriage certificates.