My previous lawyer has quoted £1150 for no sale no fee conveyancing in Buckfastleigh and Dean. I am hoping to sell a newly refurbished property for £200,000. Is this too much? Is it in excess of what I should be paying for conveyancing in Buckfastleigh and Dean?

The costs illustration is slightly on the high side. If you are prepared to invest time contrasting costs you could get the conveyancing a bit cheaper by say £125. That being said, you maycome to regret choosing an an untested conveyancer. Remember to ensure the firm can also act for your lender. Do utilise our comparison tool to locate a Buckfastleigh and Dean conveyancing firm on the lender’s member panel which can often include conveyancing solicitors in Buckfastleigh and Dean.

My partner and I are refinancing our apartment in Buckfastleigh and Dean with Barclays. We have a son 18 who lives with us. Our solicitor requested us to identify any adults other than ourselves who lives in the flat. Our lawyer has now e-mailed a document for our son to sign, giving up any rights in the event that the flat is forfeited by the lender. I have two concerns (1) Is this document specific to the Barclays conveyancing panel as he never had to sign this form when we purchased 3 years ago (2) Does our son by signing this extinguish his entitlement to inherit the property?

First, rest assured that your Barclays conveyancing panel solicitor is doing the right thing as it is established procedure for any occupier who is aged 17 or over to sign the necessary Consent Form, which is purely to state that any rights he has in the property are postponed and secondary to Barclays. This is solely used to protect Barclays if the property were re-possessed so that in such circumstances, your son would be legally obliged to leave. It does not impact your son’s right to inherit the apartment. Please note that if your son were to inherit and the mortgage in favour of Barclays had not been discharged, he would be liable to take over the loan or pay it off, but other than that, there is nothing stopping him from keeping the property in accordance with your will or the rules of intestacy.

I am selling my flat in Buckfastleigh and Dean. Does the conveyancer need to be required to be on the Aldermore conveyancing panel in order to deal with paying off my mortgage?

Ordinarily, even if your lawyer is not on the Aldermore conveyancing panel they can still act for you on your sale. It might be that the lender will not release the original deeds (if applicable and increasingly irrelevant) until after the mortgage is paid off. You should speak to your lawyer directly before you start the process though to ensure that there is no problem as lenders are changing their conditions fairly frequently at the moment.

Just had an offer accepted on a new build apartment in Buckfastleigh and Dean. Conveyancing is necessary evil 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 legal work.

Here is a sample of a selection of leasehold new build enquiries that you can expect your new-build leasehold conveyancing in Buckfastleigh and Dean

There must be mutual enforceability of lessee’s covenants. 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. The Vendor must covenant to keep unsold units in good repair until long leases are granted therefore. Please provide evidence that the form of Lease proposed has been approved by the Land Registry. The Lease must contain a provision on behalf of the Vendor to pay the service charges in respect of unoccupied units in order to ensure that all services can be provided.

I have been on the look out for a flat up to £195,000 and identified one near me in Buckfastleigh and Dean I like with amenity areas and station nearby, the downside is that it only has 49 years unexpired on the lease. There is not much else in Buckfastleigh and Dean suitable, so just wondered if I would be making a grave error acquiring a lease with such few years left?

If you need a mortgage the remaining unexpired lease term will be an issue. Reduce the offer by the amount the 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 ask them to commence the lease extension formalities and then assign it to you. An additional ninety years can be extended on to the current lease term and have £0 ground rent by law. You should consult your conveyancing lawyer regarding this.