We were about to instruct a conveyancing solicitor in Paignton endorsed using your search tool but have come across alternative quotes via the web seem cheaper – why is this?
One can find numerous conveyancing organisations marketing theoretically looks to be extremely cheap conveyancing in Paignton. We suggest that you give due consideration about how important this transaction is to you that you are willing to be penny wise pound foolish in relation to the standard of the legal work. Many of them list a budget fee as a headline but hide additional costs in the fine print..
Can you clarify what the consequences are if my lawyer’s firm is suspended from the Santander Solicitor panel ahead of completing my conveyancing in Paignton?
First, this is very unlikely to happen. In most cases even where a law firm is removed off of a panel the lender would allow the completion to go ahead as the lender would appreciate the difficulties that they would place you in if you have to instruct a new solicitor days before completion. In a worst case scenario where the lender insists that you instruct a new firm then it is possible for a very good lawyer to expedite the conveyancing albeit that you may pay a significant premium for this. The analogous situation is where a buyer instructs a lawyer, exchanges contracts and the law firm is shut down by a regulator such as the SRA. Again, in this situation you can find lawyers who can troubleshoot their way to bring the conveyancing to a satisfactory conclusion - albeit for a fee.
I happen to be the single beneficiary of my late grandmother’s will with all property in now in my sole name, including the my former home in Paignton. Conveyancing formalities meant that the Land Registry date was in January. I now wish to sell up. I understand that there is a CML six month 'rule', meaning my property ownership could be regarded the same way as if I'd bought the property in January. Will no one buy the property for half a year?
The CML handbook mandates conveyancers to: "report to us immediately if the owner or registered proprietor has been registered for less than six months." Technically you might be affected by that. How sensible a view mortgage companies take of it, depend on the bank as this requirement is primarily there to capture the purchase and immediately sell or the wholesaling and assigning of property.
I am selling my apartment. I had a double glazing fitted in May 2007, but did not receive a FENSA certificate or Building Regulation Certificate. My purchaser’s lender, Kent Reliance are being difficult. The Paignton solicitor who is on the Kent Reliance conveyancing panel is saying indemnity insurance will be fine but Kent Reliance are requiring a building regulation certificate. Why do Kent Reliance have a conveyancing panel if they don't accept advice from them?
It is probably the case that Kent Reliance have referred the matter to their valuer. The reason why Kent Reliance may not want to accept indemnity insurance is because it does not give them any reassurance that the double glazing was correctly and safely installed. The indemnity insurance merely protects against enforcement action which is very unlikely anyway.
I had an offer accepted on an apartment in Paignton on 27/12/2024, valuation was booked 2 days after, received a clean bill of health. Solicitor retained, so all that was missing was my mortgage offer. Having made daily calls to Leeds Building Society and chasing them on my offer, I have now been told that my offer will not be issued unless the lawyer is on the Leeds Building Society conveyancing panel. Can the lender hold off the offer?
A lender would not issue a mortgage until they have details of a lawyer on their panel. It can take a few weeks for Leeds Building Society to deal with your lawyer's application to be on the Leeds Building Society conveyancing panel. There's no guarantee that your solicitor will be accepted.
We are downsizing from our home in Paignton and according to the buyers it appears that there is a risk of it being constructed land that was not decontaminated. A high street Paignton conveyancer would know this is not the case. For the life of me I don't know why the purchasers used an online conveyancing practice rather than a conveyancing solicitor in Paignton. Having lived in Paignton for 4 years we know of no issue. Is it a good idea to get in touch with our local Authority to get clarification that the buyers are looking for.
It sounds as though you may have a conveyancing lawyer currently acting for you. Are they able to advise? You should enquire of your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out life insurance to cover that same illness)
Just acquired a detached house in Paignton , What is the estimated time for the Land Registry to register my proprietorship? My Paignton conveyancing solicitor has been painfully slow, so I want to check the land registry aspects are concluded.
As far as conveyancing in Paignton is concerned, registration is no quicker or slower than the rest of England and Wales. As opposed to being determined by geographic area, timeframes can differ subject to who lodges the application, whether there are errors and whether the Land registry communicate with any 3rd parties. As of today approximately 80% of submission are fully dealt with within 12 days but some can be subject to extensive delays. Historically registration is effected after the new owner has moved in to the property thus registration formalities is not usually primary concern yet if it is urgent that the the registration takes place urgently then you or your solicitor could communicate with the Registry to express the reasoning for an expedited registration.
I am in need of some leasehold conveyancing in Paignton. Before diving in I would like to find out the remaining lease term.
Assuming the lease is recorded at the land registry - and almost all are in Paignton - then the leasehold title will always include the basic details of the lease, namely the date; the term; and the original parties. From a conveyancing perspective such details then enable any prospective buyer and lender to confirm that any lease they are looking at is the one relevant to that title. For any other purpose, such as confirming how long the term was granted for and calculating what is left, then the register should be sufficient on it's own.
I am the registered owner of a garden flat in Paignton, conveyancing formalities finalised 6 years ago. Can you let me have an estimate of the premium that my landlord can legally expect in return for granting a renewal of my lease? Corresponding flats in Paignton with an extended lease are worth £165,000. The ground rent is £50 yearly. The lease ceases on 21st October 2103
With 78 years unexpired the likely cost is going to be between £7,600 and £8,800 plus plus your own and the landlord's "reasonable" professional fees.
The figure above a general guide to costs for renewing a lease, but we cannot give you the actual costs without more comprehensive due diligence. Do not use this information in tribunal or court proceedings. There may be other concerns that need to be taken into account and clearly you should be as accurate as possible in your negotiations. Please do not move forward placing reliance on this information without first getting professional advice.