Me and my partner are purchasing a property in Templecombe. It might be a silly question but how we can trust a solicitor? On the day of competition we will need to send our life savings into their account. What is the protection we have from them run away with our money?
Be assured that all money in a Solicitors client account is 100% safe, and even if your Solicitor ran off with it, the Law Society would reimburse you fully.
I am due to move property in September. Will my conveyancing solicitor liaise with the removal company on the day of completion. Incidentally, can you put forward a removal company in Templecombe. Conveyancing lawyer was chosen before I stumbled across your page.
On the day of completion you will need to collect the keys from your estate agent but this should only take place after the previous owners lawyers advise the agent that they have the completion monies and the keys can be given over. After that you will need to inform the removal company that they can start moving you in. As a matter of policy we do not recommend a specific removal organisation but can help you locate a conveyancing in Templecombe or a firm with expertise in conveyancing in Templecombe.
I had an offer accepted on a house in Templecombe on 30/6/2026, valuation was booked 3 days after, all came back fine. Conveyancer retained, so the only thing outstanding was my mortgage offer. Having made daily calls to RBS and chasing them on my offer, I have now been told that my offer will not be issued unless the lawyer is on the RBS conveyancing panel. Can the lender hold off the offer?
A lender would not issue an offer until they have details of a lawyer on their panel. It can take a few weeks for RBS to deal with your lawyer's application to be on the RBS conveyancing panel. There's no guarantee that your solicitor will be accepted.
It has been 2 months following my purchase conveyancing in Templecombe completed. I have checked the Land Registry site which shows that I paid £200,000 when infact I paid £180,000. 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.
About to purchase a new build flat in Templecombe. Conveyancing is a frightening process at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build conveyancing.
Here are examples of a selection of leasehold new build enquiries that you should expect your new-build leasehold conveyancing in Templecombe
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If there are lifts in the building, please confirm that the owners of flats on the ground and basement floors will not be required to contribute towards the cost of maintenance and renewal. Please supply a car parking plan. There must be mutual enforceability of lessee’s covenants. The Vendor must covenant to keep unsold units in good repair until long leases are granted therefore.
I have been on the look out for a leasehold apartment up to £235,500 and found one close by in Templecombe I like with amenity areas and transport links nearby, however it's only got 61 remaining years left on the lease. I can't really find anything else in Templecombe suitable, so just wondered if I would be making a grave error acquiring a short lease?
Should you need a mortgage the remaining unexpired lease term will be problematic. Discount the offer by the amount the lease extension will cost if it has not already been discounted. If the current proprietor has owned the property for a minimum of twenty four months you could ask them to commence the lease extension formalities and then assign it to you. You can add 90 years to the existing lease term and have £0 ground rent by law. You should consult your conveyancing solicitor regarding this.
I've found a house that seems to meet my requirements, at a great price which is making it all the more appealing. I have since been informed that it's a leasehold as opposed to freehold. I am assuming that there are issues buying a house with a leasehold title in Templecombe. Conveyancing solicitors have not yet been instructed. Will they explain the issues?
Most houses in Templecombe are freehold and not leasehold. This is one of the situations where having a local conveyancer who is familiar with the area who can assist with the conveyancing process. It is clear that you are purchasing in Templecombe so you should seriously consider looking for a Templecombe conveyancing practitioner and be sure that they have experience in advising on leasehold houses. As a matter of priority you will need to check the number of years remaining. As a tenant you will not be entirely free to do whatever you want with the house. The lease comes with conditions for example obtaining the landlord’spermission to carry out changes to the property. It may be necessary to pay a maintenance charge towards the maintenance of the communal areas where the house is part of an estate. Your solicitor will report to you on the legal implications.
Templecombe Leasehold Conveyancing - A selection of Queries Prior to buying
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Are any of leasehold owners in arrears of their service charge liability? The answer will be important as a) areas can cause problems in the building as the communal areas may begin to deteriorate if services remain unpaid b) if the leaseholders have an issue with the managing agents you will want to have full disclosure Is anyone aware of any major works anticipated that will likely increase the service costs?
The estate agent has suggested using their lawyer for our conveyancing in Templecombe - won’t it be better to just instruct them?
It is worth checking if the selling agent is recommending a solicitor or introducing to a conveyancer. There are plenty of Templecombe estate agents who recommend two or three Templecombe conveyancing firms purely based on those lawyers offering a great service.