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Find a Axmouth and Branscombe Conveyancing Solictior on Your Lender’s Panel

Ready to buy a new home in Axmouth and Branscombe? Failing to check that a lawyer is on your lender’s list of approved solicitors can put your Axmouth and Branscombe conveyancing at risk of delay or failure.

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Recently asked questions about conveyancing in Axmouth and Branscombe

As a novice what is the most important advice you can give me concerning purchase conveyancing in Axmouth and Branscombe?

Not many law firms or advisers will tell you this but conveyancing in Axmouth and Branscombe and elsewhere in England and Wales is an adversarial experience. Put another way, when it comes to conveyancing there exists an abundance of room for confrontation between you and other parties involved in the transaction. For example, the vendor, selling agent and sometimes a bank. Appointing a lawyer for your conveyancing in Axmouth and Branscombe is a critical decision as your conveyancer is your adviser, and is the ONLY party in the legal process whose role it is to act in your legal interests and to keep you safe.

Sometimes a third party with a vested interest will try and sway you that it is in your interests to do things their way. For instance, the selling agent may claim to be helping by suggesting your solicitor is slow. Or your mortgage broker may advise you to do take action that is against your solicitors recommendation. You should always trust your lawyer above all other parties when it comes to the legal transfer of property.

Will my conveyancing lawyers need to check that the building insurance when buying a house in Axmouth and Branscombe. My lender is Accord Mortgages

Accord Mortgages have specific requirements as set out in the UK Finance Lenders’ Handbook. As of 9/6/2024, the requirements read as follows :

Is it necessary to take out insurance to cover chancel repairs when buying a house in Axmouth and Branscombe?

Unless a previous acquisition of the premises took place post 12 October 2013 you may expect conveyancing practitioners carrying out conveyancing in Axmouth and Branscombe to remain encouraging a chancel search and or insurance against a claim.

What does commercial conveyancing in Axmouth and Branscombe cover?

Axmouth and Branscombe conveyancing for business premises incorporates a broad range of guidance, offered by regulated solicitors, relating to business premises. By way of example, this area of conveyancing can cover the sale or purchase of freehold business premises or, more commonly, the transfer of existing business tenancies or the drafting of new leasing arrangements. Commercial conveyancing solicitors can also offer advice on the sale of business assets, commercial loans and the termination of leases.

Having checked my lease I have discovered that there are only Sixty One years remaining on my lease in Axmouth and Branscombe. I now wish to extend my lease but my freeholder is can not be found. What should I do?

If you qualify, under the Leasehold Reform, Housing and Urban Development Act 1993 you can submit an application to the County Court for an order to dispense with the service of the initial notice. This will enable the lease to be granted an extra 90 years by the magistrate. However, you will be required to demonstrate that you have done all that could be expected to track down the freeholder. For most situations an enquiry agent would be useful to carry out a search and prepare a report to be used as evidence that the freeholder is indeed missing. It is wise to seek advice from a property lawyer in relation to proving the landlord’s absence and the application to the County Court covering Axmouth and Branscombe.

I purchased a 1 bedroom flat in Axmouth and Branscombe, conveyancing was carried out 3 years ago. 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? Similar properties in Axmouth and Branscombe with over 90 years remaining are worth £186,000. The average or mid-range amount of ground rent is £55 charged once a year. The lease terminates on 21st October 2076

With only 52 years remaining on your lease we estimate the premium for your lease extension to span between £29,500 and £34,000 as well as plus your own and the landlord's "reasonable" professional fees.

The suggested premium range that we have given is a general guide to costs for renewing a lease, but we cannot give you a more accurate figure in the absence of comprehensive due diligence. Do not use this information in tribunal or court proceedings. There may be additional concerns that need to be considered and clearly you want to be as accurate as possible in your negotiations. Please do not move forward based on this information before seeking the advice of a professional.

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Neighbouring Locations

Honiton
Colyton
Axminster
Exminster
Chard
Sidmouth
Axmouth and Branscombe
Charmouth
Lyme Regis
Seaton

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