AssumingI was to buy a freehold housein Torquay for cash and have no survey and no local authority searches how much could I expect to have to pay for conveyancing in Torquay?
The only reduction in fees you would make on is the Torquay conveyancing searches. The conveyancer is obliged to do the vast majority of work - money laundering, correspond with your sellers conveyancer, SDLT submission, register the title etc. You might save a bit for them not having to register a charge however it won't be significant.
We are planning to purchase with Coventry BS. We have called around locally but cant to find a Torquay conveyancing firm on the Coventry BS panel. Could you help?
Please do take advantage of the search tool on this site. Pick the building society and type Torquay or your preferred area and you will be presented with a number of lawyer offices in Torquay or near you.
I am helping my niece sell her flat in Torquay. Does the conveyancing solicitor arrange the energy assessment or it is for the seller to see to?
Following the abolition of Home Packs, EPC’s became a mandatory component of moving house. An energy assessment should be commissioned prior to the property being put on the market. It is not something that solicitors normally organise. Where you are using a Torquay conveyancing practitioner they may be able to arrange energy assessments given their contacts with reputable local energy assessors
It is unclear whether my bank obliges me to make sure the lease term for the flat is extended prior to the completion date. I have called my Torquay building society branch on a couple of occasions and was advised it wasn't a problem and they will lend. My Torquay conveyancing solicitor - who is on the mortgage company conveyancing panel- called to say that they will not lend based on their specific requirements. I have no idea who is right.
Provided that the lawyer is on the bank panel, she or he must adhere to the CML Handbook specifications for the bank. Unless your lawyer obtains specific confirmation in writing that the lender will go ahead, your lawyer has no choice but to refrain from exchanging contract and committing you to the purchase. We would suggest that you ask the bank to contact your lawyer in writing confirming that they will accept the number of years remaining.
Nationwide have agreed my mortgage in principle, my offer on a flat in Torquay has been agreed to, what happens next?
The estate agent will want to know who your solicitors are (ensure that the conveyancing practitioners are on the bank’s approved list). Call up Nationwide or the broker and finish off any outstanding documentation. Nationwide will sellect a valuer who will get in contact with the estate agent or seller to arrange an appointment. Once carried out (assuming no problems) it takes approximately ten days for the mortgage offer to be issued. Nationwide will issue the offer to you and your solicitors. The legal work will then take it’s course according the nature and complexity of the conveyancing in Torquay.
It has been 3 months since my purchase conveyancing in Torquay concluded. I have checked the Land Registry website 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 premises 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.
I am buying a new build apartment in Torquay. Conveyancing is daunting 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 few leasehold new build questions that you may expect your new-build leasehold conveyancing in Torquay
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Please provide evidence that the form of Lease proposed has been approved by the Land Registry. 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 confirm the Lease plans are surveyor prepared. Investor purchasers must be able to freely grant unsecured tenancies at market rents without requiring any consents. Where service of notices and proceedings can be at the property demised please confirm that this can be amended to include simultaneous services at the Lessees’ solicitors’ offices where the Lessee from time to time is not resident in the UK - such solicitors may be varied by notice in writing to the Landlord from time to time but otherwise will be as previously specified.
I'm selling a property in Torquay. I can find my conveyancer's company on the CLC list, but I can't find my conveyancer's name on the list. Should I be concerned?
Not every individual in the law firm must be listed by the regulator. As long there is a manager qualified to 'oversee' the conveyancing, the actual day-to-day activity can be undertaken by unlicensed staff.