Do all mortgage companies provide you with an approved list of Port Isaac conveyancing solicitors? How do you know who is on the TSB conveyancing panel?

Port Isaac conveyancing firms themselves provide us confirmation that they are on the TSB conveyancing panel as opposed to being supplied with a list from TSB directly.

I've recently found out that there is a flying freehold issue on a property I have offered on two weeks back in what should have been a quick, no chain conveyancing. Port Isaac is where the house is located. What do you suggest?

Flying freeholds in Port Isaac are rare but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Port Isaac you would need to get your solicitor to go through the deeds very carefully. Your lender may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Port Isaac may decide that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold premises.

Am I best advised to choose a Port Isaac conveyancing lawyer based in the area that I am hoping to buy? I have an old university friend who can handle the legal formalities but his firm is located approximately 350miles away.

The primary upside of using a local Port Isaac conveyancing firm is that you can attend the office to sign documents, deliver your ID and apply pressure on them where appropriate. Having local Port Isaac know how is a bonus. That being said nothing is more important than finding someone that will do a good and efficient job. If if people you trust used your friend and on the whole were impressed that should outweigh using an unknown Port Isaac conveyancing solicitor solely due to them being round the corner.

I own a leasehold house in Port Isaac. Conveyancing and The Mortgage Works mortgage are in place. I have received a letter from someone claiming to own the freehold. Attached was a ground rent demand for rent dating back to 1993. The conveyancing practitioner in Port Isaac who acted for me is not around. What should I do?

The first thing you should do is make enquiries of HMLR to be sure that the individual purporting to own the freehold is indeed the new freeholder. It is not necessary to instruct a Port Isaac conveyancing lawyer to do this as it can be done on-line for a few pound. Rest assured that in any event, even if this is the legitimate landlord, under the Limitation Act 1980 the limitation period for recovery of ground rent is six years.

I bought a basement flat in Port Isaac, conveyancing was carried out 9 years ago. Can you let me have an estimated range of the fair premium for a lease extension? Similar flats in Port Isaac with over 90 years remaining are worth £191,000. The average or mid-range amount of ground rent is £55 invoiced annually. The lease comes to an end on 21st October 2078

You have 54 years left to run the likely cost is going to be between £32,300 and £37,400 as well as legals.

The suggested premium range that we have given is a general guide to costs for extending a lease, but we cannot give you a more accurate figure without more detailed investigations. Do not use the figures in tribunal or court proceedings. There are no doubt other concerns that need to be considered and clearly you should be as accurate as possible in your negotiations. Neither should you take any other action based on this information before seeking the advice of a professional.

We are soon to acquiring a apartment in Port Isaac. Conveyancing is not complete but we wish to have our purchase price a secret from sites such as Nestoria. How could this be achieved ?

The Land Registry as a matter of law required to specify price sold data on a register of the title for domestic properties countrywide which includes homes in Port Isaac. The register of ownership is an open document, so HM Land Registry would be breaking the law if they failed to permit access to the register.

You can make a request of HM Land Registry to hide the price paid entry yet the answer will be a No.