It is 10 years ago since I bought my house in Teignmouth. Conveyancing solicitors have recently been instructed on the sale but I can't locate my deeds. Will this cause complications?
You need not be too concerned. Firstly there is a possibility that the deeds will be retained by the mortgage company or they may stored with the lawyers who handled your purchase. Secondly the likelihood is that the title will be recorded at the land registry and you will be able to establish that you own the property by your conveyancing solicitors procuring up to date copy of the land registers. Most conveyancing in Teignmouth involves registered property but in the rare situation where your property is not registered it adds to the complexity but is not insurmountable.
Should commercial conveyancing searches reveal proposed roadworks that could affect a commercial premises in Teignmouth?
Many commercial conveyancing solicitors in Teignmouth will execute a SiteSolutions Highways report as it reduces the time that conveyancers spend in investigating accurate data on highways that impact buildings and development assets in Teignmouth. The search result sets out definitive information on the adoption status of roads, footpaths and verges, as well as the implication of traffic schemes and the rights of way surrounding a commercial development sites in Teignmouth.
For each commercial conveyancing transaction in Teignmouth it is critical to investigate the adoption status of roads surrounding a site. The absence of identifying developments where adoption procedures have not been dealt with adequately could result in delays to Teignmouth commercial conveyancing transactions as well as pose a risk to future plans for the site. These searches are not ordered for domestic conveyancing in Teignmouth.
I'm purchasing a new build house in Teignmouth with the aid of help to buy. The builders refused to budge the price so I negotiated 6k of extras instead. The estate agent advised me not reveal to my conveyancer about the side-deal as it would jeopardize my loan with the bank. Is this normal?.
All lenders require a Disclosure of Incentives Form from the builder of any new build, converted or renovated property, It is available online from the Lenders’ Handbook page on the CML website. CML form is completed and handed to the lender's surveyor when the inspection is done.
Lenders have different policies on incentives. Some accept none at all, cash or physical, while others will accept cash incentives up to 5%.
Hard to understand why the representative of a builder would be suggesting you withold information from a solicitor when all this will be clearly visible on forms the builder has to supply to its solicitor, the buyer's solicitor and the surveyor.
Due to the input of my in-laws I had a survey completed on a house in Teignmouth before retaining solicitors. I have been advised that there is a flying freehold element to the house. The surveyor advised that some lenders will not issue a loan on such a premises.
It depends who your proposed lender is. HSBC has different requirements for example to Birmingham Midshires. If you e-mail us we can investigate further with the appropriate lender. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Teignmouth. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Teignmouth to see if the conveyancing will be more expensive.
What does commercial conveyancing in Teignmouth cover?
Non domestic conveyancing in Teignmouth covers a broad array of services, given by regulated solicitors, relating to business premises. By way of example, this type of conveyancing can cover the sale or purchase of freehold business premises or, more usually, the assignment of existing leases or the drafting of new leasing arrangements. Commercial conveyancing solicitors can also offer advice on the sale of business assets, commercial mortgages and the termination of tenancies.
Should I use a Teignmouth conveyancing practitioner in close proximity to the house I am hoping to buy? An old friend can deal with the legal work but her office is 400miles away.
The benefit of a local Teignmouth conveyancing firm is that you can attend the office to execute paperwork, deliver your identification documents and apply pressure on them where appropriate. Having local Teignmouth know how is a benefit. That being said it's more important to get someone that will pull out all the stops for you. If you know people who instructed your friend and in the main were impressed that must outweigh using an unknown Teignmouth conveyancing lawyer just because they are local.