I am acquiring a property mortgage free in Bovey Tracey. I have resided for the previous 15 years in Bovey Tracey. Conveyancing searches are exorbitant. Given that I know the road and vicinity very well should I not bother getting the solicitor to do all the conveyancing searches?

In the absence of a mortgage, then almost all of the Bovey Tracey conveyancing searches are at your discretion. Your lawyer will 'advise', no-doubt strongly, that you should have searches completed, but she is duty bound to take that path of encouragement . Do consider; if you are going to sell the house at a future date, it could be of interest to your prospective purchaser what the searches determine. There are plenty of instances where houses with functional issues can still throw up negative search results. A good conveyancing solicitor in Bovey Tracey will be able to give you some sensible guidance in this regard.

I am purchasing a new build house in Bovey Tracey with a loan from Clydesdale. The developers refused to move on the amount so I negotiated 6k of extras instead. The estate agent advised me not to tell my solicitor about this side-deal as it will adversely affect my mortgage with the bank. Do I keep my lawyer in the dark?.

All lenders require a Disclosure of Incentives Form from the developer of any new build, converted or renovated property, It is available online from the Lenders’ Handbook page on the CML website. CML form is completed and handed to the lender's surveyor when the inspection is done.

Lenders have different policies on incentives. Some accept none at all, cash or physical, while others will accept cash incentives up to 5%.

Hard to understand why the representative of a builder would be suggesting you withold information from a solicitor when all this will be clearly visible on forms the builder has to supply to its solicitor, the buyer's solicitor and the surveyor.

Over the last few months I have been searching for a ground for flat up to £305k and found one round the corner in Bovey Tracey I like with a park and railway links nearby, the downside is that it only has 49 years unexpired on the lease. There is not much else in Bovey Tracey for this price, so just wondered if I would be making a grave error buying a lease with such few years left?

Should you require a mortgage that many years will likely be problematic. Discount the price by the amount the lease extension will cost if it has not already been discounted. If the existing owner has owned the property for a minimum of twenty four months you may ask them to start the process of the extension and pass it to you. An additional ninety years can be extended on to the current lease term with a zero ground rent applied. You should speak to your conveyancing solicitor about this matter.

I need to instruct a conveyancing practitioner in Bovey Tracey for my home move. Can I check a solicitor's record with the legal regulator?

One can review presented Solicitor Regulator Association (SRA) decisions stemming from inquisitions from 2008 onwards. Visit Check a solicitor's record. For records about the period before 1 January 2008, or to check a solicitors record, call 0870 606 2555, 08.00 - 18.00 any week day save for Tuesday when lines open at 9.30am. For non-uk callers, dial +44 (0)121 329 6800. The regulator sometimes recorded call for training reasons.

I note that you have a search directory identifying firms on the mortgage company conveyancing panel. Do Bovey Tracey conveyancing companies pay you a referral fee if I appoint them for my conveyancing?

We are a listing service only for law firms wishing to communicate if they are on the mortgage company conveyancing panel or other lender panels. We do not charge referral fees to the any conveyancer that you subsequently appoint for your conveyancing in Bovey Tracey.