We are due to complete buying a property in Topsham but as a consequence of wreckage from the recent storms I have managed to agree reparation from the current proprietors of six thousand pounds by way of a deduction in the price. This was going to be addressed as part of amending the contract but UBS are not allowing this. Why were they notified?
The conveyancing practitioner that is on the UBS conveyancing panel is obliged to advise UBS of any amendments to the purchase price. If you were to refuse your conveyancing practitioner to disclose the reduction to UBS then they would have to discontinue acting for you. In addition, UBS and you would have to appoint a new conveyancing practitioner for your conveyancing in Topsham.
I have just over seventy years left on my lease and need a lease extension for my apartment in Topsham. Conveyancing solicitors on the Platform panel can deal with such extensions correct?
Most leasehold conveyancing experts should be able to deal with a lease extension. if you are obtaining a mortgage then your lender may insist that the lease be extended before competition. Platform have specific requirements as set out in the UK Finance Lenders’ Handbook in relation to minimum unexpired lease terms. As of 13/6/2026 the requirements read as follows :
Have just purchased a repossessed house at auction in Topsham. Conveyancing is necessary. What are my next steps?
Now that you have legally committed yourself to purchase you must retain a conveyancing practitioner soon as you now have a fast approaching a fixed date to complete the conveyancing. All auction property will have a bespoke auction pack. This will include most,if not all of the paperwork that your lawyer will need. Where you are dealing with leasehold property the conveyancing papers may provide a copy of the lease, management information and a sellers leasehold information form and associated conveyancing paperwork pertinent to leasehold premises. You need to give this to your appointed conveyancing solicitor as soon as possible. You also need to ensure that you have funds organised to complete the transaction on the set completion date.
I am the single beneficiary of my late grandmother’s estate and I have everything in my name alone, including the house in Topsham. Conveyancing formalities meant that the Land Registry date was in May. I want to move. I understand that there is a CML six month 'rule', meaning my property ownership will be considered the same way as though I had purchased the house in May. 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." By the strict wording you may be affected by that. Some mortgage companies would take a pragmatic view as this clause is principally there to pick up on subsales or the quick reselling of property.
I have decided to exercise my right to buy my property in Topsham off the council. I have a mortgage agreed with UBS. Conveyancing is not something I have any knowledge of. Can I proceed without a solicitor easily? I think we can but we keep being told I should have one. Any advice?
It is not advisable to proceed with a house purchase without a solicitor. The council's solicitor are not acting for you. You need a solicitor for a number reasons. One of which is to verify what plans the Council have for repairs and refurbishment for the next five years. Many leaseholders have been stung for contributions of thousands of pounds. In any event, if you are getting a mortgage with UBS, you will need to appoint a solicitor on the UBS conveyancing panel.
What does a local search tell me concerning the property we're buying in Topsham?
Topsham conveyancing often commences with the ordering local authority searches directly from your local Authority or through a personal search organisations for instance Xpress Legal The local search is essential in every Topsham conveyancing purchase; as long as you wish to avoid any unpleasant once you have moved into your property. The search should reveal information on, amongst other things, details on planning applications applicable to the premises (whether granted or refused), building control history, any enforcement action, restrictions on permitted development, nearby road schemes, contaminated land and radon gas; in all a total of thirteen topic areas.
How does conveyancing in Topsham differ for new build properties?
Most buyers of new build residence in Topsham approach us having been asked by the developer to sign contracts and commit to the purchase even before the premises is constructed. This is because builders in Topsham 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 Topsham or who has acted in the same development.
Having had my offer accepted I require leasehold conveyancing in Topsham. Before I get started I require certainty as to the number of years remaining on the lease.
If the lease is registered - and 99.9% are in Topsham - then the leasehold title will always include the short particulars 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.
Leasehold Conveyancing in Topsham - A selection of Queries Prior to Purchasing
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The prefered form of lease structure is a share of the freehold. In this situation the leaseholders benefit from being in charge if their destiny and although a managing agent is often retained if the building is larger than a house conversion, the managing agent employed by the leaseholders. This information is important as a) areas could cause problems for the block as the common areas may start to deteriorate where services are not paid for b) if the leasehold owners have an issue with the managing agents you will wish to have all the details If a Topsham lease has fewer than eighty years it will affect the salability of the flat. Check with your mortgage company that they are happy with residual term of the lease. A short lease means that you will most likely have to extend the lease sooner rather than later and it is worth discovering how much this will be. For most Topshamlease extensions you will be required to have been the owner of the residence for 24 months before you are entitled to exercise a lease extension.