I have 70 years remaining on my lease and need a lease extension for my apartment in Wadebridge. Conveyancing solicitors on the Virgin panel can deal with such extensions right?
Most leasehold conveyancing experts should be able to deal with a lease extension. if you are getting a mortgage then your lender may insist that the lease be extended before competition. Virgin have specific requirements as set out in the UK Finance Lenders’ Handbook in relation to minimum unexpired lease terms. As of 12/7/2025 the requirements read as follows :
Forgive me if this question is silly but I am new to the house moving as FTB of a two bedroom flat in Wadebridge. Do I collect the keys to the property on completion from my lawyer? If so, I will find a local conveyancing solicitor in Wadebridge?
There is no need to visit the lawyers office on the day of completion. Your solicitors will arrange to send the completion advance to the vendor’s solicitors, and shortly after the monies have arrived, you should be invited to receive the keys from the selling Agents and start moving into the property. This tends to happen early afternoon.
My partner and I are spending time looking at houses in Wadebridge and I am now considering a potential offer. Is it sensible to have a conveyancer on ‘stand by’? I am planning to take a home loan with Co-operative.
You should start obtaining conveyancing quotes from solicitors ASAP. Once you decide who you want to use and once your offer is accepted you can instruct them to work for you and pass their contact information on to the selling agent. As you are getting a mortgage with Co-operative, ask your prospective lawyers if they are on the Co-operative conveyancing panel otherwise they can't do the mortgage legal work.
I was told three weeks ago that my mortgage has been agreed to by Co-operative. Is it usual for Co-operative to only issue the offer once my solicitor in Wadebridge is approved on their conveyancing panel? Co-operative have asked my solicitor to see a copy of their PI Insurance.
A lender would not issue an offer until they have details of a lawyer on their panel. It can take a few weeks for Co-operative to deal with your lawyer's application to be on the Co-operative conveyancing panel. There's no guarantee that your solicitor will be accepted.
It has been three months following my purchase conveyancing in Wadebridge took place. I have checked the Land Registry site which shows that I paid £175,000 when infact I paid £160,000. 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 residence 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.
How does conveyancing in Wadebridge differ for new build properties?
Most buyers of new build residence in Wadebridge come to us having been asked by the builder to exchange contracts and commit to the purchase even before the premises is built. This is because new home sellers in Wadebridge usually buy the site, 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 Wadebridge or who has acted in the same development.
Due to the advice of my in-laws I had a survey completed on a property in Wadebridge prior to appointing solicitors. I have been informed that there is a flying freehold aspect to the house. My surveyor advised that some mortgage companies may refuse to issue a loan on this type of home.
It depends who your proposed lender is. HSBC has different instructions for example to Nationwide. If you contact us we can investigate further with the appropriate lender. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Wadebridge. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Wadebridge to see if the conveyancing costs will increase in light of this.
My husband and I are novice buyers - had an offer accepted, but the property agent advised that the vendor will only proceed if we instruct the agent's preferred lawyers as they need an ‘expedited deal’. My instinct tells me that we should use a local conveyancer used to conveyancing in Wadebridge
It is highly unlikely the sellers are driving this. Should the vendor want ‘a quick sale', alienating a motivated buyer is is going to put the whole deal at risk. Speak to the owners direct and make sure they understand (a)you are genuine buyers (b)you are ready to go, with mortgage lined up © you do not need to sell (d) you wish to move quickly (e)however you are going to instruct your preferred Wadebridge conveyancing lawyers - not the ones that will earn the negotiator at the agency a kickback or hit his conveyancing figures set by HQ.