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Conveyancing in Colyton : Keep it Local

Reasons to use our Colyton conveyancing solicitors

  • 1 The firms listed on our web pages have a variation of conveyancing practitioners, legal executives and support staff handling over one hundred thousand cases annually.
  • 2 Our site offers most comprehensive domestic conveyancing directory listing mortgage company approved property lawyers conducting conveyancing in Colyton governed by the SRA or CLC.
  • 3 The hallmark of our conveyancing solicitors in Colyton is quality not quantity. The level of service offered by conveyancing "factories" (sometimes 'recommended' by large estate agency chains) often falls short of the level of professionalism you will expect.
  • 4 This site is the first site that enables you the ability to ensure that your conveyancing in Colyton will be carried out by a law firm on your mortgage lender’s authorised panel.
  • 5 Experience means that Colyton lawyer have developed valuable connections with Colyton local estate agents, banks, building societies, landlords and house builders enabling them to liaise at speed with all concerned in the process of dealing with your home move in Colyton.

Examples of recent conveyancing in Colyton since December 2024*

Disposal

of semi-detached residence, , EX13 7PG completing on 16/01/2025 at a price of £495,500. The conveyancing process incorporates some of the following tasks: sending the transfer to the seller for signature in preparation for completion, securing official copies of the title, agreeing completion date with parties

Disposal

of house premises, , EX13 7PJ completing on 15/01/2025 at a price of £550,000. The conveyancing process included amongst the various tasks: sending the transfer to the vendor for execution in readiness for completion, agreeing completion date with parties, preparing statement detailing charges

Transfer

of house property, Ridgeway Lane, EX24 6RP completing on 13/01/2025 at a price of £320,000. The legal transfer of property included amongst the various tasks: sending the transfer to the seller for execution in readiness for completion, setting up the completion formalities, sending title deeds and signed transfer to buyer’s conveyancer

Disposal

of semi-detached property, Whitwell Lane, EX24 6HP completing on 13/01/2025 at a price of £663,000. The legal transfer of property included amongst the various tasks: taking formal instructions from and updating the seller client, preparing statement detailing charges, sending title deeds and signed transfer to buyer’s conveyancer

Recently asked questions about conveyancing in Colyton

As someone not used to the Colyton conveyancing process what’s your top tip you can impart for the legal transfer of property in Colyton

Not many law firms shout this from the rooftops but conveyancing in Colyton or throughout Devon is an adversarial process. Put another way, when it comes to conveyancing there exists an abundance of opportunity for conflict between you and others involved in the ownership transfer. E.g., the seller, selling agent and even potentially a lender. Appointing a law firm for your conveyancing in Colyton is a critical decision as your conveyancer is your adviser, and is the ONE person in the process whose interest is to look after your best interests and to protect you.

There is a worrying increase of a "blame" culture- someone must be blamed for the process being so protracted. We recommend that you must always trust your solicitor ahead of all other players when it comes to the legal transfer of property.

The Colyton conveyancing solicitors that just started acting on my purchase in Colyton have suddenly shut down. I chose them because I needed a firm on the Nottingham conveyancing panel and my previous Colyton lawyer was not. I issued them a cheque for two hundred pounds in advance. What are my options?

If you have an estate agent involved then let them know immediately so that they advise the vendors that there may be a slight delay due to reasons beyond your control. Hopefully they will be sympathetic and urge their lawyer to send a new set of papers to your new solicitors. You should appoint new lawyers that are on the Nottingham conveyancing panel and notify the lender. If you have paid over any money, it will hopefully be held by the SRA as money in an intervened firm's bank accounts is transferred to the SRA. Then, the SRA or the intervention agent looks at the intervened firm's accounts to work out who the money belongs to. To claim your money you will need to contact the SRA. If the SRA cannot return money you are owed from the firm's bank accounts, or if they can only return part of the money, you can apply to the Compensation Fund for a grant. Your new solicitors should be in a position to help.

Various web forums that I have frequented warn that are the number one cause of obstruction in Colyton conveyancing transactions. Is there any truth in this?

The Council of Property Search Organisations (CoPSO) published determinations of a review by MoveWithUs that conveyancing searches do not feature amongst the most frequent causes of delays during the legal transfer of property. Searches are not likely to be the root cause of slowing down conveyancing in Colyton.

It has been 4 months since my purchase conveyancing in Colyton concluded. I have checked the Land Registry site which shows that I paid £200,000 when infact I paid £180,000. Why the discrepancy?

The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the property from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.

I am buying a new build house in Colyton with a mortgage from Godiva Mortgages Ltd. The sellers refused to move on the amount so I negotiated five thousand pounds worth of extras instead. The estate agent suggested that I not to tell my conveyancer about the side-deal as it could impact my loan with the lender. Should I keep quiet?.

All lenders require a Disclosure of Incentives Form from the developer 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.

What makes a Colyton lease unmortgageable?

Leasehold conveyancing in Colyton is not unique. Most leases are individual and drafting errors can sometimes mean that certain clauses are wrong. For example, if your lease is missing any of the following, it could be defective:

    A duty to insure the building

You will have difficulties when selling your property if you have a defective lease as they can affect a potential buyer’s ability to obtain a mortgage. Lloyds TSB Bank, Coventry Building Society, and Platform Home Loans Ltd all have very detailed requirements when it comes to what is expected in a lease. Where a lender has been advised by their lawyers that the lease is problematic they may refuse to grant the mortgage, obliging the buyer to withdraw.

I am the registered owner of a ground floor flat in Colyton, conveyancing was carried out 6 years ago. Can you work out an approximate cost of a lease extension? Similar flats in Colyton with a long lease are worth £170,000. The ground rent is £50 per annum. The lease expires on 21st October 2103

With 78 years left to run we estimate the price of your lease extension to be between £7,600 and £8,800 plus professional fees.

The figure that we have given is a general guide to costs for extending a lease, but we are not able to provide the actual costs in the absence of detailed due diligence. You should not use this information in tribunal or court proceedings. There are no doubt additional issues that need to be taken into account and you obviously should be as accurate as possible in your negotiations. You should not move forward based on this information without first seeking the advice of a professional.

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Residential Landlord and Tenant Conveyancing solicitors in Colyton

The list below is a small selection of solicitors in Colyton specialising in landlord and tenant law and on the regulations governing different types of tenancies. This will likely include advice on Terms and conditions of tenancy agreements

  • Beviss & Beckingsale, Law Chambers, Silver Street, Axminster, Devon, EX13 5AH
  • Milford & Dormor, Silver Street, Axminster, Devon, EX13 5AJ
  • Scott Rowe Limited, Chard Street, Axminster, Devon, EX13 5DS

Commercial Conveyancing solicitors in Colyton regulated by the SRA

The list below is a non-comprehensive list of solicitors in Colyton specialising in commercial conveyancing in Colyton. This could include advice on buying and selling small and large scale commercial property and agricultural land
  • Beviss & Beckingsale, Law Chambers, Silver Street, Axminster, Devon, EX13 5AH
  • Scott Rowe Limited, Chard Street, Axminster, Devon, EX13 5DS

Transfer of Equity conveyancing in Colyton almost always comprises the following:

  • Obtaining instructions from parties involved
  • Collating the documents evidencing the title to the property
  • Representing lender (if applicable)
  • Negotiating the terms of the transaction
  • Drawing up Transfer or approving the Transfer deed
  • Negotiating amendments to the the Transfer deed
  • Communicating with parties with regards to the Transfer
  • Agreeing and preparing for completion
  • Receiving and transferring funds to relevant parties
  • Preparing and submitting to HM Revenue and Customs the appropriate Land Tax forms and payment
  • Registering the change in ownership and the mortgage (if relevant) at the HMLR.

*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.