Can the conveyancing solicitors that you recommend conduct auction conveyancing in Bodmin?
There are a few niche solicitors we can connect you with those who can conduct auction conveyancing. Bodmin is one of our locations in which our lawyers have offices.
It is 10 years ago since I acquired my property in Bodmin. Conveyancing lawyers have now been appointed on the sale but I can't track down the title documents. Will this jeopardise the sale?
You need not be too concerned. First there is a chance that the deeds will be with the mortgage company or they could be in the possession of the lawyers who oversaw your purchase. Secondly in all probability the property will be registered at the land registry and you will be able to establish that you are the registered owner by your conveyancing solicitors procuring current official copies of the land registers. The vast majority of conveyancing in Bodmin relates to registered property but in the unlikely event that your property is not registered it adds to the complexity but is not insurmountable.
About to purchase a new build flat in Bodmin. Conveyancing is a frightening process at the best of times but I have never purchased a new build flat before. What sort of enquires would be asked in new build conveyancing.
Here is a sample of a selection of leasehold new build enquiries that you may expect your new-build leasehold conveyancing in Bodmin
Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company? Where there is an Undertaking being granted there is the risk of forfeiture of the Headlease subject to relief if one or more of the Underlessees are willing to accept the original Head Lessee’s obligations as otherwise relief will be denied to the Underlessees. The only alternatives are the Head Lessor agreeing not to forfeit the Headlease or the Head Lessee guaranteeing to the Underlessees that it will not be in breach of the Headlease. Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose? 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. Will control of the Management Company (if any) be handed over to purchasers on completion of the last sale or earlier?
I am looking for a leasehold apartment up to £305k and identified one round the corner in Bodmin I like with open areas and station in the vicinity, the downside is that it's only got 49 years on the lease. I can't really find anything else in Bodmin for this price, so just wondered if I would be making a grave error acquiring a short lease?
Should you need a home loan that many years will be an issue. Discount the price by the expected lease extension will cost if not already taken into account. If the existing proprietor has owned the premises for at least twenty four months you can request that they commence the lease extension formalities and then assign it to you. An additional ninety years can be extended on to the current lease and have £0 ground rent by law. You should speak to your conveyancing solicitor concerning this matter.
I'm converting the mortgage on my primary property to a BTL mortgage with Bank of Ireland and I will use the rest of the raised equity as a down payment on further property. The neighborhood we are looking at is Bodmin. Will your lawyers be able to act for both sets of mortgage companies and link together the transactions?
Do use our comparison tool on this page to check that the conveyancers are approved by both banks. Having checked that they are your lawyer will be able to tie up the two conveyancing matters but you should have a chat with you conveyancer and specify your desired outcome and requirements.