Can your site be used to find a Conveyancing solicitor in South Molton even if I’m not purchasing or selling a house, for instance where I want to buy an office in South Molton with a loan from National Westminster Bank?
Our comparison service is mainly used to get a quote from residential conveyancing solicitors in South Molton but we have listed at the bottom of this page some South Molton commercial conveyancing firms. You should make contact with the solicitors directly to see if they are also authorised to represent National Westminster Bank
Will my solicitor be making enquiries regarding flooding during the conveyancing in South Molton.
Flooding is a growing risk for lawyers dealing with homes in South Molton. Plenty of people will acquire a property in South Molton, fully expectant that at some time, it may be flooded. However, leaving to one side the physical destruction, where a house is at risk of flooding, it may be difficult to obtain a mortgage, satisfactory insurance cover, or sell the property. There are steps that can be taken during the course of a property purchase to forewarn the purchaser.
Solicitors are not best placed to offer advice on flood risk, but there are a number of searches that can be undertaken by the buyer or by their lawyers which will give them a better understanding of the risks in South Molton. The conventional set of information supplied to a buyer’s solicitor (where the Conveyancing Protocol is adopted) incorporates a usual inquiry of the vendor to determine if the premises has suffered from flooding. In the event that the premises has been flooded in past and is not notified by the vendor, then a purchaser could bring a legal claim for losses as a result of such an misleading response. The purchaser’s lawyers will also order an enviro report. This should disclose whether there is any known flood risk. If so, further inquiries should be conducted.
My wife and I have a terraced Victorian house in South Molton. Conveyancing solicitor acted for me and Nottingham Building Society. I did a free Land Registry search last week and there are two entries: the first freehold, another for leasehold with the exact same property. I'd like to know for sure, how can I find out??
You should assess the Freehold register you have again and check the Charges Register for mention of a lease. The best way to be sure that you are also the registered proprietor of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in South Molton and other areas of the country and poses no real issues for owners other than when they remortgage they have to account for both freehold and leasehold interests when dealing with purchasers. You can also question the position with your conveyancing practitioner who conducted the conveyancing.
How does conveyancing in South Molton differ for new build properties?
Most buyers of new build premises in South Molton approach us having been asked by the builder to exchange contracts and commit to the purchase even before the property is completed. This is because house builders in South Molton tend to purchase the land, 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 used to new build conveyancing in South Molton or who has acted in the same development.
In my capacity as executor for the estate of my uncle I am disposing of a property in Neath but reside in South Molton. My solicitor (approximately 200 kilometers from meneeds me to execute a statutory declaration before completion. Could you suggest a conveyancing solicitor in South Molton to attest and place their company stamp on the document?
strictly speaking you are unlikely to be required to have the documents attested by a conveyancing solicitor. Ordinarily any notary public or solicitor will suffice regardless of whether they are South Molton based
I only have 68 years unexpired on my lease in South Molton. I now wish to get lease extension but my freeholder is missing. What options are available to me?
If you qualify, under the Leasehold Reform, Housing and Urban Development Act 1993 you can apply to the County Court for for permission to dispense with the service of the initial notice. This will mean that your lease can be lengthened by the Court. However, you will be required to prove that you or your lawyers have made all reasonable attempts to track down the freeholder. On the whole an enquiry agent should be helpful to conduct investigations and prepare an expert document to be accepted by the court as proof that the landlord is indeed missing. It is wise to seek advice from a conveyancer in relation to investigating the landlord’s absence and the application to the County Court overseeing South Molton.
I am the registered owner of a 1 bedroom flat in South Molton, conveyancing was carried out May 2012. 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 properties in South Molton with over 90 years remaining are worth £197,000. The ground rent is £55 levied per year. The lease comes to an end on 21st October 2080
You have 56 years remaining on your lease we estimate the premium for your lease extension to range between £29,500 and £34,000 as well as costs.
The suggested premium range that we have given is a general guide to costs for renewing a lease, but we are not able to provide the actual costs in the absence of detailed investigations. Do not use this information in tribunal or court proceedings. There may be other issues that need to be considered and you obviously want to be as accurate as possible in your negotiations. Neither should you take any other action placing reliance on this information without first getting professional advice.