Can the conveyancing solicitors listed on your site handle auction conveyancing in Camelford?

There are a number of niche solicitors we can put you in touch with those who can conduct auction conveyancing. Camelford is just one of hundreds of locations in which our lawyers have a presence.

My house in Camelford is up for sale and I have accepted an offer. Will my lawyer need to be required to be on the Bank of Ireland conveyancing panel in order to deal with the discharge of my mortgage?

Ordinarily, even if your lawyer is not on the Bank of Ireland 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.

Over the last few months I have been searching for a flat up to £245,000 and found one close by in Camelford I like with a park and transport links nearby, the downside is that it's only got 61 years unexpired on the lease. There is not much else in Camelford for this price, so just wondered if I would be making a mistake buying a short lease?

If you require a mortgage the remaining unexpired lease term will likely be a potential deal breaker. Discount the offer by the anticipated lease extension will cost if it has not already been discounted. If the current proprietor has owned the premises for a minimum of 2 years you may ask them to start the process of the extension and then assign it to you. You can add 90 years to the existing lease term with a zero ground rent applied. You should consult your conveyancing solicitor about this.

Should I be suspicious about third parties that I am dealing with are recommending a web based conveyancing firm as opposed to a local Camelford conveyancing practice?

As is the case with lots of professional services, often suggestions from family and friends can be extremely useful or valuable. But there are many people with a keen interest in a conveyancing transaction; estate agents, financial adviser and banks might all put forward solicitors to use. On occasion these solicitors might be known to one of the organisations as one of the best in their field, but sometimes there is an underlying financial incentive behind the endorsement. You have the right to choose your own lawyer. However, bear in mind that many mortgage providers specify a panel list of solicitors you have to use for the lender related work in your house move.

I have just started marketing my 2 bed flat in Camelford.Conveyancing has not commenced but I have just received a yearly service charge invoice – should I leave it to the buyer to sort out?

Your conveyancing lawyer is likely to suggest that you should discharge the service charge as you normally would as all ground rent and maintenance payments should be apportionedas part of the financial calculations for completion monies, so you will be reimbursed by the buyer for the period running from after the completion date to the next payment date. Most management companies will not acknowledge the buyer unless the service charges have been paid and are up to date so it is important for both buyer and seller for the seller to show that they are up to date. This will smooth the conveyancing process