I am selling our property in Lynmouth and according to the buyers it appears that there is a risk of it being constructed land that was not decontaminated. A local lawyer would know this is not the case. For the life of me I don't know why the buyers instructed a web based conveyancing practice rather than a conveyancing solicitor in Lynmouth. We have lived in Lynmouth for many years we know that this is a non issue. Do we get in touch with our local Authority to get confirmation need.
It would appear that you have a conveyancing firm already. Are they able to advise? You should check with your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out life insurance to cover that same sickness)
3 months have gone by following my purchase conveyancing in Lynmouth took place. I have checked the Land Registry website which shows that I paid £150,000 when infact I paid £215,000. 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 property 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.
Due to the input of my in-laws I had a survey completed on a house in Lynmouth in advance of instructing conveyancers. I have been informed that there is a flying freehold aspect to the property. The surveyor advised that some mortgage companies may not issue a loan on such a property.
It varies from the lender to lender. HSBC has different requirements for example to Halifax. Should you wish to telephone us we can check via the relevant lender. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Lynmouth. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Lynmouth to see if the conveyancing costs will increase in light of this.
I am one month into a freehold purchase having been directed to solicitors by the estate agent to execute conveyancing in Lynmouth. I am am extremely dissatisfied with the quality of service. Could you you assist me in finding new conveyancers?
They would have to be really poor to suggest changing them. Has the mortgage offer been issued? If so you will need to advise them of the new contact details and ensure the offer are re-sent. Your conveyancer should be on the lenders panel to avoid escalating costs and complications. That should be your first question of the new lawyers. The search tool will assist you in finding a bank approved conveyancer for your conveyancing in Lynmouth
All being well we will complete our sale of a £375,000 garden flat in Lynmouth in just under a week. The landlords agents has quoted £360 for Landlord’s certificate, insurance certificate and 3 years statements of service charge. Is it legal for a freeholder to charge exorbitant fees for a flat conveyance in Lynmouth?
Lynmouth conveyancing on leasehold flats often necessitates the buyer’s solicitor submitting enquiries for the landlord to address. Although the landlord is not legally bound to respond to these enquiries most will be content to do so. They are at liberty to invoice a reasonable administration fee for answering enquiries or supplying documentation. There is no set fee. The average fee for the paperwork that you are referring to is over three hundred pounds, in some situations it is above £800. The administration charge invoiced by the landlord must be accompanied by a summary of entitlements and obligations in relation to administration charges, without which the charge is not strictly payable. In reality you have no choice but to pay whatever is demanded if you want to sell the property.
I bought a split level flat in Lynmouth, conveyancing having been completed in 2005. 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? Equivalent properties in Lynmouth with over 90 years remaining are worth £180,000. The ground rent is £65 levied per year. The lease finishes on 21st October 2085
With just 59 years left to run the likely cost is going to span between £20,900 and £24,200 plus professional fees.
The figure that we have given is a general guide to costs for extending a lease, but we are not able to advice on the actual costs without more detailed investigations. Do not use this information in a Notice of Claim or as an informal offer. There may be other concerns that need to be considered and clearly you want to be as accurate as possible in your negotiations. Please do not take any other action based on this information before seeking the advice of a professional.
My step-father purchased his flat in Lynmouth 7 years ago. He has got wed, widowed and is now married again. He will be selling the apartment this October. I suspect that he will just be requested to provide a copy of his marriage certificates to the solicitor however he is concerned it will hold up the home sale. Is it worth updating the land title documents for the property?
The is no need to update the title for the property as long as you have the evidence required to show how the change of name occurred.
Any buyer’s conveyancing practitioner will review the land registry details and request evidence to establish the name change for instance marriage documentation.