Would the conveyancing practitioners identified through your search tool execute auction conveyancing in Exeter?
We know of a few auction solicitors we can connect you with those who can conduct auction conveyancing. Exeter is just one of our locations in which our lawyers have a presence.
What is the first thing I need to know about purchase conveyancing in Exeter?
You may not hear this from too many lawyers but conveyancing in Exeter or throughout Devon is an adversarial process. Put another way, when it comes to conveyancing there exists plenty of opportunity for friction between you and other parties involved in the legal transfer of property. E.g., the vendor, estate agent and sometimes the mortgage company. Appointing a solicitor for your conveyancing in Exeter should not be taken lightly as your conveyancer is your adviser, and is the SOLE party in the transaction whose responsibility is to act in your best interests and to protect you.
We are witnessing a worrying ongoing adversarial element to conveyancing- someone must be at fault for the process taking so long. You your first instinct should be to trust your lawyer above all other parties when it comes to the legal transfer of property.
I moved into my house on 8 April and the transaction details is not yet registered. Need I be worried? My conveyancing solicitor in Exeter said it would be formalised in less than a month. Are transfers in Exeter uniquely lengthy to register?
As far as conveyancing in Exeter registration is no quicker or slower than anywhere else in the country. Rather than based on location, timescales can differ depending on who lodges the application, whether it is in order and if the Land registry have to notify any other persons or bodies. Currently in the region of 80% of such applications are fully dealt with in less than three weeks but some can be subject to longer hold-ups. Registration is effected after the purchaser is living at the property so an expedited registration is not always primary concern yet if there is a degree of urgency associated with the registration then you or your lawyers could speak with the land registry and explain the circumstances.
I am purchasing a new build house in Exeter benefiting from help to buy. The sellers refused to move on the price so I negotiated five thousand pounds worth of extras instead. The house builders rep told me not to tell my lawyer about the deal as it would adversely affect my loan with Barnsley Building Society. Do I keep my lawyer in the dark?.
All lenders require a Disclosure of Incentives Form from the builder 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.
I decided to have a survey done on a property in Exeter in advance of retaining conveyancers. I have been told that there is a flying freehold element to the property. The surveyor advised that some mortgage companies tend not issue a mortgage on a flying freehold home.
It depends who your proposed lender is. HSBC has different requirements for example to Halifax. Should you wish to telephone us we can look into this further with the relevant mortgage company. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Exeter. Conveyancing will be smoother if you use a solicitor in Exeter especially if they are acquainted with such properties in Exeter.
I have been advised by a few selling agents in Exeter to select a solicitor using your seach tool. Is there a financial incentive for Estate Agents to offer your lawyers ahead of another?
We refuse to offer any commission for sending work in our direction. We thought it would be too underhand to pay a commission as members of the public would think, ‘Why is the agent getting a kickback? Why am I not receiving any benefit too?’ So we decided to step away from that.