I have just been advised by my financial adviser that my Exeter the law firm I have appointed is not on the mortgage company Solicitor panel. What can I do to be sure if this is correct?
Your first step should be to call your Exeter lawyer directly. You lawyer should inform you of the situation. Where they are not on the panel they may recommend you to a Exeter conveyancing practice that is on the conveyancing panel for your bank.
A colleague advised me that if I am purchasing in Exeter I should ask my conveyancer to perform a Neighbourhood, Planning and Local Amenity Search. What does it cover?
A search of this type is occasionally included in the estimate for your Exeter conveyancing searches. It is a large report of more than thirty pages, listing and setting out significant information about Exeter around the property and the people living there. It incorporates an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the Exeter Housing Market, Council Tax Banding, the type of People living in the area, the dominant type of Housing, the Average Property Price, Crime details, Exeter Education with maps and statistics, Local Amenities and other useful data about Exeter.
five months have gone by following my purchase conveyancing in Exeter concluded. I have checked the Land Registry website which shows that I paid £150,000 when infact I paid £215,000. 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.
About to purchase a new build apartment in Exeter. Conveyancing is a frightening process 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 conveyancing.
Here is a sample of a selection of leasehold new build enquiries that you should expect your new-build leasehold conveyancing in Exeter
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Investor purchasers must be able to freely grant unsecured tenancies at market rents without requiring any consents. Please confirm the Lease plans are surveyor prepared. Where service of notices and proceedings can be at the property demised please confirm that this can be amended to include simultaneous services at the Lessees’ solicitors’ offices where the Lessee from time to time is not resident in the UK - such solicitors may be varied by notice in writing to the Landlord from time to time but otherwise will be as previously specified. Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company? Where there is an Undertaking being granted there is the risk of forfeiture of the Headlease subject to relief if one or more of the Underlessees are willing to accept the original Head Lessee’s obligations as otherwise relief will be denied to the Underlessees. The only alternatives are the Head Lessor agreeing not to forfeit the Headlease or the Head Lessee guaranteeing to the Underlessees that it will not be in breach of the Headlease.
Yesterday I discovered that there is a flying freehold issue on a house I put an offer in a fortnight ago in what was supposed to be a straight forward, chain free conveyancing. Exeter is where the house is located. Can you offer any assistance?
Flying freeholds in Exeter are unusual but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Exeter you must be sure that your lawyer goes through the deeds diligently. Your lender may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Exeter may ascertain that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold premises.
I am using a search engine for the term on line conveyancing in Exeter it brings up numerous property lawyersin the vicinity. How do I determine which is the suitable conveyancing solicitor for the sale of my house?
The best way of choosing the right conveyancer is through a trusted testimonial, so enquire of friends and those you trust who have bought a property in Exeter or the reputable estate agent or mortgage broker. Charges for conveyancing in Exeter differ, so it's sensible to request a minimum of four estimates from varying types of law firms. Be sure to obtain confirmation what costs in the quote includes.