We are about to exchange on the purchase of a house in Brixham but as a result of wreckage from the recent storms I have was able negotiate compensation from the seller of £2k taking the form of a adjustment in the price. I had intended this to be dealt with as part of the conveyancing process but TSB are not allowing this. Why were they involved?
Any conveyancing practitioner that is on the TSB conveyancing panel is required to advise TSB of any amendments to the sale price. If you prohibit your property lawyer to notify the reduction to TSB then they would have to discontinue acting for you. In addition, TSB and you would have to appoint a new conveyancer for your conveyancing in Brixham.
Despite weeks of looking the Title Certificate and documents to my home are lost. The conveyancers who handled the conveyancing in Brixham 10 years ago no longer exist. What are my next steps?
Gone are the days when you need to hold title official documentation to establish that you own the land or property, as the Land Registry hold details of all registered land or property electronically.
Over the last few months I have been searching for a leasehold apartment up to £235,500 and identified one close by in Brixham I like with a park and station in the vicinity, however it only has 61 remaining years left on the lease. There is not much else in Brixham suitable, so just wondered if I would be making a mistake acquiring a lease with such few years left?
Should you need a home loan that many years may be a potential deal breaker. Discount the offer by the anticipated lease extension will cost if it has not already been discounted. If the current proprietor has owned the premises for at least twenty four months you can ask them to commence the lease extension formalities and then assign it to you. You can add 90 years to the current lease term with a zero ground rent applied. You should consult your conveyancing lawyer concerning this matter.
I was pointed in your direction by a number of selling agents in Brixham to get a quote from a conveyancer on your site. Is there a financial advantage for Estate Agents to recommend your lawyers ahead of another?
We refuse to make any commission for pointing buyers and sellers in our direction. We thought it would be too underhand to pay a commission because a client could think, ‘Why is the agent getting a kickback? Why aren’t I getting any benefit too?’ So we decided to step away from that.
In sourcing the internet for the words conveyancing in Brixham it brings up numerous property lawyerslocally. How do I determine which is the right property lawyer for my move?
The preferential way of seeking a suitable conveyancer is via personal referral, so ask colleagues and relatives who have purchased a property in Brixham or a local estate agent or financial adviser. Costs for conveyancing in Brixham differ, so it's sensible to obtain at least three estimates from varying types of conveyancers. Dont forget to clarify what costs in the quote includes.
Being a leasehold owner I am on the hook for a maintenance fee for my flat in Brixham. As a result of flawed financial planning I fell into arrears with remittance. The management company agreed a clearance plan but there is still a couple of left in arrears.
I am under pressure to sell and I am nervous that this could hold me back if I have to discharge the arrears in advance. Do I have to settle before - is this practicable?
Your solicitor will hopefully be in a position to negotiate with the appropriate parties, and agree with them whether or not they would accept settlement out of the completion monies. This is an example of why it is advisable to use a conveyancing practitioner in Brixham as they may well have an open line of communication with the parties.