I am searching for value for money conveyancer. Should I go for for an internet conveyancer as opposed to a local Bovey Tracey conveyancing solicitor?
Established third party connections is an important consideration when appointing conveyancing lawyers. Bovey Tracey law firms often have connections with mortgage brokers and agents, local authorities, valuers and other law firms meaning the whole process is going to be much more straightforward for you. Having specialist intelligence of the local area is also a plus .
Two weeks ago we had a mortgage agreed in principle with Barclays. Bovey Tracey conveyancing lawyers are appointed. What is the average time that one could expect to receive a mortgage offer from Barclays?
Some lenders take longer than others. Have Barclays done the valuation? Have you informed Barclays as to your lawyers' details and checked that your lawyers are on the Barclays conveyancing panel? Sometimes it can take as long as six weeks for a mortgage offer to be issued.
I am currently in the process of buying my council flat in Bovey Tracey. I have a mortgage agreed with UBS. Conveyancing is new to me. Can I proceed without a solicitor easily? I think we can but we keep being told I should use one. Any advice?
It is not advisable to proceed with a house purchase without a solicitor. The council's solicitor are not acting for you. You need a solicitor for a number reasons. One of which is to verify what plans the Council have for repairs and refurbishment for the next five years. Many leaseholders have been stung for contributions of thousands of pounds. In any event, if you are getting a mortgage with UBS, you will need to appoint a solicitor on the UBS conveyancing panel.
My offer was accepted on a house in Bovey Tracey on 21/5/2025, valuation was booked 3 days after, received a clean bill of health. Conveyancer retained, so all that was missing was my mortgage offer. Having made daily calls to Leeds Building Society and chasing them on my offer, I have now been told that my offer will not be issued unless the lawyer is on the Leeds Building Society conveyancing panel. Can the lender hold off the offer?
Mortgage companies tend not to not issue an offer until they have details of a lawyer on their panel. It can take a few weeks for Leeds Building Society to deal with your lawyer's application to be on the Leeds Building Society conveyancing panel. There's no guarantee that your solicitor will be accepted.
What can a local search reveal about the property my wife and I buying in Bovey Tracey?
Bovey Tracey conveyancing often commences with the submitting local authority searches directly from your local Authority or through a personal search organisations for instance Searches UK The local search plays a central part in most Bovey Tracey conveyancing purchase; as long as you don’t want any unpleasant once you have moved into your new home. The search will reveal information on, amongst other things, details on planning applications applicable to the property (whether granted or refused), building control history, any enforcement action, restrictions on permitted development, nearby road schemes, contaminated land and radon gas; in all a total of thirteen subject areas.
I opted to have a survey carried out on a property in Bovey Tracey in advance of appointing conveyancers. I have been advised that there is a flying freehold overhang to the house. The surveyor advised that some lenders tend refuse to give a mortgage on a flying freehold house.
It varies from the lender to lender. Santander has different requirements for example to Nationwide. Should you wish to call us we can check with the appropriate bank. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Bovey Tracey. Conveyancing may be slightly more expensive based on your lender's requirements.
What advice can you give us when it comes to choosing a Bovey Tracey conveyancing practice to deal with our lease extension?
When appointing a conveyancer for your lease extension (regardless if they are a Bovey Tracey conveyancing firm) it is essential that he or she should be familiar with the legislation and specialises in this area of conveyancing. We recommend that you speak with two or three firms including non Bovey Tracey conveyancing practices before you instructing a firm. If the firm is ALEP accredited then so much the better. The following questions might be useful:
-
How experienced is the practice with lease extension legislation?
I bought a garden flat in Bovey Tracey, conveyancing having been completed 7 years ago. Can you give me give me an indication of the likely cost of a lease extension? Corresponding flats in Bovey Tracey with an extended lease are worth £201,000. The average or mid-range amount of ground rent is £45 per annum. The lease expires on 21st October 2089
With just 64 years left to run we estimate the premium for your lease extension to range between £15,200 and £17,600 as well as costs.
The figure above a general guide to costs for extending a lease, but we are not able to advice on the actual costs in the absence of comprehensive due diligence. You should not use this information in a Notice of Claim or as an informal offer. There are no doubt other issues that need to be considered and clearly you should be as accurate as possible in your negotiations. Neither should you take any other action placing reliance on this information before seeking the advice of a professional.
What is the difference between surveying and conveyancing in Bovey Tracey?
Conveyancing - in Bovey Tracey or anywhere in England and Wales - is the process of legally transferring legal title of property from one person to another. It involves the checking of the title. Whether buying or selling, you should be aware of anything affecting the property such as proposals by government departments, illegal buildings, or outstanding rates. The conveyancer should conduct the appropriate searches and inquiries on the property. Surveying relates to the structure of a property itself. A surveyor will look at a house, flat and any outbuildings you’re intending to buy and will help you find out about the condition of the building and, if there are problems, give you a powerful reason for reducing the price down or asking the seller to fix the defects prior to you move in.