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Conveyancing in Woolacombe : Keep it Local

5 reasons to let us help you choose a local conveyancing solicitor in Woolacombe

  • 1 You can gain comfort when you select the very best, most recommended conveyancing solicitors. Woolacombe has a number to choose from, but for a truly professional and dependable service many local people have been use the endorsement of this site.
  • 2 Woolacombe conveyancing lawyers are likely to be familiar with the local Land Registry Office, Local Authority and selling agents
  • 3 The Woolacombe conveyancing practitioners that are listed are dedicated to providing value for money, efficient and transparent conveyancing service to borrowers, sellers and investors in Woolacombe
  • 4 Our site offers most comprehensive residential conveyancing directory listing lender approved property lawyers delivering conveyancing in Woolacombe regulated and authorised by the SRA or CLC.
  • 5 The firms shown on our web pages have a variation of conveyancing practitioners, legal executives and support staff handling over one hundred thousand cases annually.

Examples of recent conveyancing in Woolacombe since March 2022*

Recently asked questions about conveyancing in Woolacombe

I have been recommended a conveyancing solicitor in Woolacombe. I I would like to check whether they are on the Platform Home Loans Ltd approved list of lawyers. Can you assist?

The first thing to do is phone the solicitor and enquire if they can act for the bank. Otherwise please call Platform Home Loans Ltd who may be able to assist.

We are planning to move house in September. Will my conveyancing solicitor call the removal company on the completion day. As an aside, can you suggest a removal company in Woolacombe. Conveyancing solicitor was chosen prior to coming across this site.

On the day of completion you can collect the house keys from the estate agent but this should only occur when the vendors conveyancers confirm to the agent that the monies to complete are in and the keys can be released. You should tell the removal men that you are ready to move in. We are not in a position to recommend a specific removal organisation but can help you find a residential property solicitor in Woolacombe or a lawyer with expertise in conveyancing in Woolacombe.

I am the sole recipient of my late mum's will with all property in now in my sole name, including the my former home in Woolacombe. Conveyancing formalities meant that the Land Registry date was in May. I want to move. I understand that there is a Mortgage Lenders six month 'rule', meaning my proprietorship may be considered the same way as if I'd bought the house in May. Do I have to wait half a year to sell?

The Council of Mortgage Lenders’ handbook mandates solicitors to: "report to us immediately if the owner or registered proprietor has been registered for less than six months." Technically you could be caught by that. Most banks would take a practical view as this provision principally exists to identify subsales or the wholesaling and assigning of property.

Is it the case that all Woolacombe solicitor firms on the Clydesdale conveyancing panel are regulated by the SRA?

As a firm of solicitors, in order to be on the Clydesdale approved list of solicitors they would need to be governed by the Solicitors Regulatory Authority. The majority of banks do list licenced conveyancers on their panel and in that case the organisation would be overseen by the CLC.

Me and my brother purchased a terraced Edwardian property in Woolacombe. Conveyancing solicitor represented me and Clydesdale. I happened to do a free search for it on the Land Registry database and there are two entries: the first freehold, the second leasehold under the exact same address. I'd like to know for sure, how can I find out??

You should review the Freehold register you have again and check the Charges Register as there may be mention of a lease. The best way to be sure that you are also the registered proprietor of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Woolacombe and other areas of the country and poses no real issues for owners other than when they remortgage they have to account for both freehold and leasehold interests when dealing with mortgage companies. You can also enquire as to the position with your conveyancing practitioner who carried out the work.

The estate agent has sent us the confirmation of our purchase of a new build apartment in Woolacombe. Conveyancing is necessary evil at the best of times but I have never purchased a new build flat before. What sort of enquires would be asked in new build legal work.

Here are examples of a selection of leasehold new build questions that you should expect your new-build leasehold conveyancing in Woolacombe

    Forfeiture - bankruptcy or liquidation must not apply under this provision. Please confirm the Lease plans are surveyor prepared. Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose? Please supply a car parking plan. The Landlord must covenant to assume the management if the Management Company goes into liquidation or otherwise defaults in running the management scheme.

I am tempted by the attractive purchase price for a couple of apartments in Woolacombe which have approximately forty five years left on the lease term. Should I regard a short lease as a deal breaker?

There are plenty of short leases in Woolacombe. The lease is a legal document that entitles you to use the property for a prescribed time frame. As a lease gets shorter the saleability of the lease deteriorates and results in it becoming more expensive to acquire a lease extension. For this reason it is generally wise to extend the lease term. More often than not it is difficult to sell a property with a short lease because mortgage companies may be reluctant to lend money on such properties. Lease enfranchisement can be a protracted process. We recommend you get professional assistance from a solicitor and surveyor with experience in this arena.

I bought a basement flat in Woolacombe, conveyancing formalities finalised in 2008. How much will my lease extension cost? Similar properties in Woolacombe with a long lease are worth £265,000. The average or mid-range amount of ground rent is £50 invoiced every year. The lease ceases on 21st October 2098

With 76 years remaining on your lease we estimate the price of your lease extension to be between £8,600 and £9,800 as well as professional fees.

The suggested premium range that we have given is a general guide to costs for extending a lease, but we cannot give you the actual costs in the absence of detailed due diligence. Do not use this information in tribunal or court proceedings. There may be other issues that need to be considered and clearly you should be as accurate as possible in your negotiations. Please do not move forward placing reliance on this information before getting professional advice.

We own a leasehold flat in Woolacombe. Conveyancing was completed in 2009. I have read on numerous consumer forums that I mustn’t let the lease length get too short. What is the reasoning?

Woolacombe domestic long term leases are for a set term - often ninety nine years when they started. However many flats in Woolacombe were constructed or converted 30 or more years ago and so such leases now have less than eighty years left to run. This may sound like plenty of time however Banks, Building Societies and other mortgage institutions generally need leases to have at least 75 years remaining to be mortgageable. Accordingly when you come to sell the property you will need to extend the term of your lease if you are getting close to seventy five years. To increase the marketability of your property you should be considering whether to extend your lease well in advance of selling the property. Furthermore significant benefits to taking action before the lease hits eighty years as when the lease is below eighty years the premium to be paid to extend starts to escalate.

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Sample of conveyancing solicitors in Woolacombe regulated by the SRA

It is important to note that the listed firms do not limit their work for conveyancing in Woolacombe but also conveyancing throughout England and Wales.

  • Taylors Solicitors, 8 Church Street, Ilfracombe, Devon, EX34 8HA
  • Taylors Solicitors, 4 The Square, Braunton, Devon, EX33 2JD

Commercial Conveyancing solicitors in Woolacombe regulated by the SRA

The firms listed below are a non-comprehensive list of solicitors in Woolacombe specialising in commercial conveyancing in Woolacombe. This may include advice on granting a lease to a commercial tenant
  • Taylors Solicitors, 8 Church Street, Ilfracombe, Devon, EX34 8HA
  • Taylors Solicitors, 4 The Square, Braunton, Devon, EX33 2JD

Residential conveyancing in Woolacombe almost always includes the following:

  • Taking instructions from the appropriate parties
  • Checking the title to the property
  • Ordering Woolacombe searches with respect to the title
  • Assessing draft contract pack and other papers forwarded by the seller’s conveyancing practitioner
  • Raising queries with the owner’s conveyancing practitioner
  • Negotiating the sale contract
  • Going through replies given by the vendor to pre-contract enquiries
  • Negotiating the Transfer Deed for completion
  • Guiding the buyer in respect of the loan offer: (if appropriate)
  • Preparing and sending the buyer a report on title (that is; a breakdown of all findings on the property)
  • Carrying out the key stage of exchanging contracts and then completion of the purchase
  • Preparing and submitting to HM Revenue and Customs the correct Land Tax forms and payment
  • Dealing with the registration formalities for the new ownership and the home loan (where appropriate) at the HM Land Registry.

Neighboring Locations

Woolacombe
Ilfracombe
Bideford
Barnstaple
Braunton

*Source acknowledgement: House price data produced by Land Registry as well data supplied by Lexsure Ltd.

© Crown copyright material is reproduced with the permission of Land Registry under delegated authority from the Controller of HMSO.