I can't travel far from Teignmouth. Is there a reason why all Teignmouth conveyancers aren't automatically on all lender panels?
As inequitable as it may seem for lenders to restrict who can act for them, from the public’s or conveyancer’s viewpoint, the the contrary view is that mortgage companies are becoming ever more anxious and feel it vital to protect them against illegal activities. As a result of this concern banks are limiting their conveyancing panel to a size that they are happy to control.
I purchased a freehold residence in Teignmouth but nevertheless invoiced for rent, why is this and what is this?
It is rare for properties in Teignmouth and has limited impact for conveyancing in Teignmouth but some freehold properties in England (particularly common in North West England) pay an annual sum known as a Chief Rent or a Rentcharge to a third party who has no other legal interest in the land.
Rentcharge payments are usually between £2.00 and £5.00 per year. Rentcharges have existed for hundreds of years, but the Rent Charge Act 1977 barred the creation of new rentcharges post 1977.
Previous rentcharges can now be redeemed by making a lump sum payment under the Act. Any rentcharges that are still in existence in 2037 will be extinguished.
We are selling our house in Teignmouth and the buyers lawyers are claiming that there is a possibility that the property was built on contaminated land. Any high street Teignmouth lawyer would know that there is no such problem. For the life of me I don't know why the buyers instructed a national conveyancing firm rather than a conveyancing solicitor in Teignmouth. We have lived in Teignmouth for many years we know of no issue. Should we contact our local Authority to get confirmation that there is no issue.
It sounds as though you may have a conveyancing firm already. Are they able to advise? You should 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 illness)
How does conveyancing in Teignmouth differ for new build properties?
Most buyers of new build or newly converted property in Teignmouth come to us having been asked by the developer to sign contracts and commit to the purchase even before the residence is ready to move into. This is because house builders in Teignmouth tend to purchase 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 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 Teignmouth or who has acted in the same development.
What makes your site different to alternative online quote calculators for conveyancing in Teignmouth?
At this site obtain an accurate quote from a Solicitor or Licensed Conveyancer that has a full understanding of the issues of your conveyancing in Teignmouth. As opposed to estate agents and many comparison sites we are not in the business of charging firms a commission if you instruct them for your property ownership legalities in Teignmouth
My uncle has encouraged me to instruct his conveyancing solicitors in Teignmouth. Do I follow his guidance?
Much as we are happy to recommend a Teignmouth conveyancing lawyer the ideal way to select a conveyancing lawyer is to seek recommendations from friends or family who have used the solicitor you're considering.