It is a dozen years since I acquired my home in Bodmin. Conveyancing solicitors have now been instructed on the sale but I am unable to find the title documents. Is this a major issue?
You need not be too concerned. Firstly there is a chance that the deeds will be retained by the mortgage company or they may still be with the conveyancers who handled the purchase. Secondly in all probability the title will be registered at the land registry and you will be able to establish that you are the registered owner by your conveyancing lawyers acquiring up to date copy of the land registers. Nearly all conveyancing in Bodmin involves registered property but in the unlikely event that your property is not registered it adds to the complexity but is not insurmountable.
We hope to to buy with Coventry BS. I dropped in 3 or 4 local practices but am unable to find a Bodmin conveyancing firm on the Coventry BS panel. Can you assist?
Please do make use of the find a lender approved solicitor tool on this site. Please choose the lender and type Bodmin or your preferred area and you will discover numerous solicitors located in Bodmin or by proximity to you.
Various internet forums that I have visited warn that are the primary cause of obstruction in Bodmin house deals. Is there any truth in this?
The Council of Property Search Organisations (CoPSO) published conclusions of a review by MoveWithUs that conveyancing searches do not feature within the most frequent causes of hindrances in the conveyancing process. Searches are unlikely to feature in any holding up conveyancing in Bodmin.
I have justbeen informed that Action Conveyancing have been shut down. They conducted my conveyancing in Bodmin for a purchase of a freehold house 12 months ago. How can I establish that the property is registered correctly in the name of the former proprietor?
The quickest way to see if the premises is in your name, you can make a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Bodmin conveyancing specialists.
My wife and I purchased a leasehold flat in Bodmin. Conveyancing and Barclays Direct mortgage are in place. A letter has just been received from someone saying they have taken over the freehold. It included a ground rent demand for rent dating back to 1997. The conveyancing solicitor in Bodmin who previously acted has now retired. Do I pay?
The first thing you should do is make enquiries of the Land Registry to be sure that this person is in fact the new freeholder. It is not necessary to incur the fees of a Bodmin conveyancing lawyer to do this as you can do this on the Land Registry website for £3. You should note that regardless, even if this is the legitimate landlord, under the Limitation Act 1980 the limitation period for recovery of ground rent is six years.
I purchased a ground floor flat in Bodmin, conveyancing formalities finalised half a dozen years ago. Can you work out an approximate cost of a lease extension? Comparable flats in Bodmin with a long lease are worth £260,000. The average or mid-range amount of ground rent is £45 yearly. The lease comes to an end on 21st October 2100
With just 74 years left to run we estimate the premium for your lease extension to be between £8,600 and £9,800 plus legals.
The figure above a general guide to costs for renewing a lease, but we cannot give you a more accurate figure without more detailed due diligence. Do not use this information in tribunal or court proceedings. There may be other concerns that need to be taken into account and clearly you should be as accurate as possible in your negotiations. You should not move forward placing reliance on this information without first seeking the advice of a professional.
I have today had an offer accepted on an apartment in Bodmin and the estate agent that we are dealing with recommended his conveyancing practitioner. They quoted £1000 plus VAT and disbursements. Does this sound steep?
You should not rely on one quote. You should seek like-for-like quotes for your conveyancing in Bodmin. Then select one that you are comfortable with and just as important, is on the approved list of the bank that you are sourcing your mortgage from.