I appreciate that there are debates on Chancel Insurance on online forums. Am I compelled to have this when acquiring a residence in Kingsbridge? or Apparently there is a law dating back centuries that means some homeowners residing in a parish church boundary may be liable to contribute towards maintenance to the chancel in proximity to the church. Is this appropriate for conveyancing in Kingsbridge?
Unless a previous purchase of the property took place post 12 October 2013 you may expect solicitors delivering conveyancing in Kingsbridge to remain encouraging a chancel search and or chancel repair liability insurance.
3 months have gone by since my purchase conveyancing in Kingsbridge took place. I have checked the Land Registry site which shows that I paid £200,000 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 asset 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.
How does conveyancing in Kingsbridge differ for newly converted properties?
Most buyers of new build property in Kingsbridge approach us having been asked by the developer to sign contracts and commit to the purchase even before the house is constructed. This is because developers in Kingsbridge tend to purchase the real estate, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct property lawyers as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are accustomed to new build conveyancing in Kingsbridge or who has acted in the same development.
I am looking for a leasehold apartment up to £245,000 and found one close by in Kingsbridge I like with open areas and transport links nearby, the downside is that it's only got 51 remaining years left on the lease. I can't really find anything else in Kingsbridge in this price bracket, so just wondered if I would be making a grave error buying a lease with such few years left?
If you require a home loan that many years will be a potential deal breaker. Discount the offer by the amount the lease extension will cost if it has not already been discounted. If the current owner has owned the property for a minimum of 2 years you may ask them to start the process of the extension and pass it to you. An additional ninety years can be extended on to the current lease with a zero ground rent applied. You should consult your conveyancing solicitor about this.
We are a fortnight into a freehold purchase having been referred to solicitors by the selling agent to carry out the conveyancing in Kingsbridge. I am not happy. Can you you assist me in finding new solicitors?
They would have to be very bad to suggest replacing them. Has your loan offer been generated? If so you will need to inform them of the new contact details and get the offer are re-sent. Your conveyancer needs to be on the lenders panel to avoid supplemental charges and frustration. That should be your starting point. Our search tool can help you find a lender approved lawyer for your home move in Kingsbridge
What are my options where I am unhappy with the conveyancing practitioner who did my conveyancing in Kingsbridge?
Occasionally the level of service you receive is not as you expect, and is is a fact of life that occasionally matters do not go as planned. Nevertheless there is recourse where you were dissatisfied with your conveyancing in Kingsbridge. This varies from trying to resolve matters directly with them, through to reporting a solicitor to their regulator. If things still aren’t sorted out you may consider getting in touch with the Legal Ombudsman.